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Attached are the charts for the 5 currency pairs. No material changes in the Wave Counts.
EURJPY: As long as Wave C is still below Wave A, we can continue to BUY, as the minimum pattern it will churn out to be will be a Flat where Wave C = Wave A.
EURUSD: For me, I still prefer to Stay Aside.
GBPJPY: I will watch this pair closely today. Prices are now near the top boundary of the down price channel. If it breaks through this channel, then it will be changing its direction and its wave counts.
I am turning cautious on this pair as it can be either way.
GBPUSD: I like to see a decisive breakthrough ABOVE the level of the previous Wave [5] before I do anything. So, this pair will be a good future potential to buy.
USDJPY: A Wave A/B/C/ in its initial formation will be an excuse to Stay Aside.
General: Today I shall be focusing on EURJPY. As it has moved up for the last 2 days, we would expect some reaction, then I shall move in to buy.
Good Trading
Kenneth
EURUSD: Sold at 1.4974 at GMT 06:18 and Bought back at 1.4985 at GMT 08:25 making a loss of 11 pips within 2 hours 7 minutes.
GBPUSD: Bought at 1.6657 at GMT 9:17 AND Sold at 1.6688 at GMT 11:53, making a gain of 31 pips within 2 hours 37 minutes.
Total net gain for the day was 20 pips a R/R of 2.8x
My Order size was 0.5 lot;
Later shall attach details of the transactions.
Kenneth
Addendum: Since posting the above, GBPUSD has now gone down to 1.6678; It is important that once you hit your TP, you should close your trade. Achieve your mission objective and get out - that is my motto. No point to stay around - Kenneth
hello kenneth37
my advanced get sofwtare use realtime datafeed from globarserver.
This is free...
So, get can be run realtime.
If you like, download full software in below
http://rapidshare.com/files/249150302/get-globalserver.part02.rar
http://rapidshare.com/files/249160263/get-globalserver.part03.rar
http://rapidshare.com/files/249173301/get-globalserver.part04.rar
http://rapidshare.com/files/249190101/get-globalserver.part05.rar
http://rapidshare.com/files/249201108/get-globalserver.part06.rar
http://rapidshare.com/files/249216374/get-globalserver.part07.rar
http://rapidshare.com/files/249221301/get-globalserver.part08.rarpls help for downloading part 8 (it is dead part)
plz help out
I finally get to download (Advance Get) today, but after installation, I try opening the program, what pop-up is this--(security Key SP not found). plz I what should I do .
thank you.
Due to lack of time as I have to focus on the Malaysian stock market today, I can only attach herewith the EW charts from GET for GBPUSD and USDJPY.
These will be the 2 pairs I shall be focusing on to do my day trading.
GBPUSD - BUY (It is in Primary Wave [3] Up
USDJPY - SELL (Although it is in CORRECTIVE A/B/C, the Wave [C] is likely to go beyond Wave A level or at least to the level of Wave A.
Good Trading
Kenneth
I just notice this nice setup over a perfect channel. Couldn't resist but to share...
As per this morning's postings, I did two trades viz:-
USDJPY: Sold at 90.33 and Bought back at 90.42 making a loss of 9 pips or US$99.54;
GBPUSD: Bought at 1.6586 at GMT 1:27 and Sold at 1.6677 at GMT 10:17, making a gain of 91 pips or US$910.00 within 8 hours 50 mins.
Total gain for the day - 82 pips; Risk/Reward Ratio: 10x - minimize your loss and maximize your gains.
In the case of USDJPY, when I saw prices are not moving the way as per the charts, I quickly cut off the trade thereby minimizing my loss.
Later shall attach details of transactions.
Kenneth