Hey AT, here is an alternative count.
RegardsAttached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13847&stc=1&thumb=1&d=1209018125
Eur/usd
This is my count.....I am waiting area 15785-90 for close my shorts...
Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13850&stc=1&thumb=1&d=1209022446
USDJPY should accelerate lower soon as per the count shown. This should help out the short EURJPY position as well...so far the EURJPY drop has been all EURO based.Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13858&stc=1&d=1209036959
With respect to the EURUSD. This is a potential count. Under this count the decline from 1.5870 is a 3rd wave that will extend lower quickly. However, expect a rally to end in the 1.5775/1.5815 (as wave ii of 3). Look to get short against 1.5870. I know one would argue that wave 2 is inordinately small...but this is a MAJOR turn (I think) and at major turns, markets typically do not allow many people in. I am sure there will be many traders waiting for the bigger correction before going short...but they will never get the change I could be wrong, but I see this as probable. Besides, risk is well defined.
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13859&stc=1&d=1209037645
:-), Yes thanks. Using your count it looks like we could have finished 1 of 3 here and be in for 2 of 3 now. Any thoughts?Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13860&stc=1&thumb=1&d=1209044326
EURUSD update
3 of 1 may be complete....the 4th wave will probably be capped by 1.5775. Then we'll get a 5th wave and a large bounce where we can sell more! Or of you are of the kind that gets out and sells at higher levels, you can try that. I am not that kind of trader though..once my position is established, there is no turning back unless of course my stop is taken out.
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13861&stc=1&d=1209046251
Here is what I see for Auzzie but I don't like the fact that wave 1 is clearly 5 waves...
Comments?Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13862&stc=1&thumb=1&d=1209048571
Short term look at what I think may be happening. Still keying off Jamie's chart. That's if we don't just see mid 50's right now! :-)
Anyway you cut it it looks like we are going down from 1.60.
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13863&stc=1&d=1209050215
cable
Hi all
This is the count that i am working off on cable!
Anyone got the same?
regards
RAy
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13864&stc=1&d=1209051024
Hi all
this is the count i am following on the USDJPY daily.
regards
rayAttached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13865&stc=1&d=1209052123
EUR/GBP Waves
hi all
another wave count on the "tank"
anyone got the same.
regards
ray
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13867&stc=1&d=1209053638
usd/jpy
Hmm... Looks like bulls are about to have a tea party http://www.learncurrencytrading.com/fxforum/images/smilies/smile.gif
Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13866&stc=1&thumb=1&d=1209052256
Gbp Jpy
Hello guys;
you know that i have been following this pair for a while now.
Here is my take, further to similar chart two days ago, with the recent update.
We are still waiting for the leg C correction to play out, so far we completed wave i and ii of the C wave. It looks like we should see a value of 206.50-207 before the pair will tank.
BTW: at 206.90 leg A = leg C
Mike
Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13868&stc=1&thumb=1&d=1209054865
Here's my take on a possible count I like in a pair that I follow. It may not be too familiar to many of you, but I think it can be a profitable pair once you get to know it. EUR/CHF.
I see strong resistance right here and what could be a completed pattern. So far resistance is holding. There is the possibility of a further breakout to the upside. However, indicators are very stretched and I believe R/R favors a short trade which I have initiated at 162.35.
This is an hourly chart.
Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13869&stc=1&thumb=1&d=1209058473
Here is my chart on cable with my comments.
Funny enough, my conclusions are identical, but some details of wave counting are different.
MikeAttached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13871&stc=1&thumb=1&d=1209061832
I still have the feeling the next move on cable would be up to the green area on my chart. Maybe it's too agressive target but I'm sticking with that count until proven wrong, which by the way is not too far from here.
On the bright side an up move on cable will help EUR/GBP shorts http://www.learncurrencytrading.com/fxforum/images/smilies/smile.gif
Attached Thumbnailshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13870&stc=1&thumb=1&d=1209060878
Usd/cad
Here's what may be happening in the USD/CAD - (be gentle)
http://i26.tinypic.com/2uxx07o.jpg
Here is my updated count for the EURUSD on 15 min. I see 5 down...this should comprise the first wave of a larger decline. Probably i of 1 a of C of 4. The fibo resistance zone is 1.5783/1.5873 and the former 4th is at 1.5774. I know that wave 3 with this count is not the longest but it also is not the shortest. As of now, wave 3 is 151 pips and wave 5 is 137 pips. As long as 5 is bigger than 3, this is my preferred. If the decline extends from here without the wave 2 correction, then we'll obviously alter the count. This is why I like to get in early and let it ride....you never know when you'll get an opportunity to get back in.
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13872&stc=1&d=1209067234
USD/JPY coming down?
Hey all,
I think I might have figured out how to post a chart of proper width using a Mac . Anyway, the chart is my short-term count of the USD/YEN. Obviously, I am following Jamie's count, but worried about how high wave ii went.
I am open to all feedback.
cheers,
Mark
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13874&stc=1&d=1209070937
Gbpusd
Attached are charts starting from the weekly TF down to the 15min chart TF showing how I arrived at my counts. the number of charts may be too much. If the moderators find these as too much, please let me know so I can pull them down or they can remove it from their end.
EGhttp://www.learncurrencytrading.com/fxforum/images/smilies/smile.gif
How's that for a start Market?
Attached Imageshttp://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13884&stc=1&d=1209076535 http://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13885&stc=1&d=1209076549 http://www.learncurrencytrading.com/fxforum/attachment.php?attachmentid=13886&stc=1&d=1209076563