Elliott Wave Trading

GBP/USD H1
http://mtchart.com/wp-content/upload...20100722-1.gif

New Analysis :
http://mtchart.com/wp-content/upload...7/20100723.gif

this one seems better.

Usd/Jpy move lower from critical resistance?!

The choppy and calm price action is shown on Usd/Jpy, where a fourth wave triangle could be forming

http://www.ew-forecast.com/content/f...4_4%282%29.gif

what about this one?

So how many failures do you have with EW?
I havn't seen once in my whole life that the chart hasn't been redrawed several times. So who can cnvince me to learn EW?

Counting market moves with Elliott Wave is one thing, and other is to trade it. You need to find confirmation to trade EW counts e.g. candlestick formations, trendline breakouts etc.
EW shows you possibility what market can do and then you need to confirm it.

Elliott never told how to trade his Theory, he left it to us .

Hey,

Just a quick question on USD YEN

For a daily I have it in a wav4 --
On hourly- chart attached- can I have a d where my x is?

and an e where my a is?

so,you mean I is a triangle. Maybe your analysis is right.

thank you for your share.

you are magical!!

gbp/jpy & gbp/chf hourly chart

yes let me look at it for you and analys it for you with time 6hours.

Cool Thanks!

Yesterday (decided it was a d/e)

German Unemployment Change -20K
as stock market gaining strength
-0.5% HPI gbp , maybe GU struggling to break resistanc 1.5630 level
wave c of wave a not finish yet??

U.S. Dollar Forecast To Fall Further Against Euro, British Pound, and Japanese Yen

EU , GU up , UJ down...........
FX: GDP NOT LIKELY TO HELP DOLLAR

The recent price in the foreign exchange markets indicate that investors really want to sell U.S. dollars. Who can blame them when most economic reports show continued weakness in the U.S. economy, the central bank is sounding dovish while policymakers in other parts of the world are raising interest rates. Despite a better than expected jobless claims report, the dollar weakened against every major currency. In fact, on an intraday basis, the greenback fell to fresh 2 month low against the euro, 5 month low against the British pound and 6 month low against the Swiss Franc. Over the next 24 hours, the dollar could see additional weakness as we expect another round of weaker economic data.

source - 360.com

were counting to upside?

Possible count on EU, this could be the end of this up move...

good day scalp....
UC gc meet correlation....

may somebody write on comments..

w - truncuated w5 to wave a , alt w4
d/4h - wave iv - v , alt c to 4
1h - wave 2 of 3 of 5 , alt c of 4

fundamental CHF Retail Sales y/y 0.9%
GBP Manufacturing PMI 57.3
USD ISM Manufacturing PMI ?
Fed Chairman Bernanke Speaks ? .... i need cigar?

The US Dollar and the Japanese Yen may extend Asian-session losses into European trade as risk appetite remains well-supported, weighing on the safety-linked currencies against the spectrum of their major counterparts.
Key Overnight Developments

 

1. US Dollar, Japanese Yen Slump as Stocks Advance in Asian Trade
2. Australian Inflation Drops to Lowest in 4 Months, Says TD Securitiessour

source daily fx