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Here is an update of theUsd/Yen Wave-count ( Short term )
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Longer-Term ( Usd/Yen )
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- Is the Usd/Yen going to hell in a hand basket ?...........
How much lower do you think ............?
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CHART UPDATE :
from last night post in here .........Sell 0645 Stop
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Price broke down this morning ......... !
-Now waiting the approach of the targets ..........
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( Double Click on chart to enlarge )Oh Well, this one didn't work out --------
( Although at one point on Wendsday there awas a profit of 120 pips )
Price simply did not reach the intended targets
Moving along ,
The Gbp /Usd appears that the 50 % Retracement line is still holding as resistance
Still watching this Gap ...........
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Will we close it in the coming days ? .............. I really don't know
I'm just pointing out to everyone is that it is there starring at all of us !
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Adrian ,
Here is a video I just found about trading Gaps ...........
( FXCM produced this video )
So I think that Jamie knows him .......... Please see this video .....
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Profiting with Forex (PFX) - Watch Forex Professionals Currency Trade
Click here
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Usd/Cad -Targets are reached today ! ..... Gain of a whopping 420 pips ! ..........
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Eur/Usd
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( Channeling all day yesterday )
thats a sales pitch and not a explaination of anything
Market, where do you come up with these things.You have the eye an eagle...lol. K, enlighten me please. What is the significance of a diamond bottom?
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Eagle Eye ...........?
No Way, I am not .
I only consider myself a humble student of the markets
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I, too have to lick my wounds at times , just like anyone else !
and I most definitely don't get it right every time so to speak .
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My training was in Commodity Futures , and the Indexes............
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The metal markets may be one of the best places to learn Elliott Waves
and hone ones skills , probably because of all the volatility ........
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Here is a look at the Dow Jones Industrial Average !
-It had a " Diamond Top " in it from earlier this year and rallied
into an end of a " Wave 5 " which ended last month November 07 .....
" IT"S ALL IN THE CHARTS "