Elliott Wave - Day Trader

USD/JPY we are seeing divergence with possible triple top waiting for uptrend line to break. We see here in this larger wave V that we have in extended 1st wave which gradually gets smaller. I tend to see this happen when a trend reversal happens. Also it usually forms a wedge like pattern. Let's hope it is true. This will be an awesome trade to get into.

We believe also the USD/JPY is a running flat so PA should fall below 100.73 according to the charts. We believe that the Greenback needs to take a pause before continuing higher.

Lets see what happens to usdjpy. anyways Welcome back MeinGray.

Keep your eye on Aussie Long...

Waiting for a good break from the wedge.

This is why you need to wait for the break for confirmation...a little bit higher still. Condensing nicely!

We thought AUD/USD might need to extend it's larger wave C. We are looking at this closely and would like to see a,b,c waves down where larger A=C.

We are still looking a some slight elevation in the USD/CAD before we expect the drop.

We have retraced 61.8% FIB on the DAILY AUD/USD we believe larger B wave has hit bottom look for a climb in the AUD/USD.

Hey GraySuit, I recently started studying elliot wave and though I'm very intruiged, I'm finding it dfficult to know whether I'm doing it correctly or not. Can you look at this and tell me if my count is accurate and how or whether you would take this trade? Do you still trade and post to your thread? I was hoping to find someone who uses elliott wave to follow trading ideas that could be useful in shortening my learning curve. Thanks .

Great thread, i wonder why the analysis sadly stopped??