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Was in the trade at 160.45, a bit early, should have been paying atention and sold again at 160.75 but nice to have a bit of profit anyway... target is 160.15 to be safe although that may just be the A down of an ABC Elliot Wave pattern down. Good Thread, got you on email to help pay...

U/J basically double bottomed and is rising again and is at 102.10 which could be the finish of an ABC up before further descent. "If in doubt stay out" is the moto coming to mind at the moment. It may go up higher to finish larger trend pattern. G/J seems to be confirming that an upwards move...

Overnight News Recap: IMF Cuts Global, U.S. Growth Forecasts 06:46 04/02 (CEP News) - The IMF continued to trim growth forecasts for several major global economies on Wednesday morning, citing a 25% chance of a global recession, while markets received falling money supply data from Japan and...

Overnight News Recap: IMF Cuts Global, U.S. Growth Forecasts 06:46 04/02 (CEP News) - The IMF continued to trim growth forecasts for several major global economies on Wednesday morning, citing a 25% chance of a global recession, while markets received falling money supply data from Japan and...

What numbers do you used for Bollinger Bands Galactisol? And are the charts weekly candlesticks that you refer to? I don't use the Bol. Bands so am not used to them. I do use EMAs but the rest of what I focus on tends to be Tech tools that give future readings(Fibs, Elliot Waves, trendline...

Partial position is out at 5842 with the rest having a 0 stop and target of 5972 conservatively. Buying the EUR/USD at below 5550 would have worked as well however the EUR/CAD had an easier to read Elliot Pattern that looked more complete. It's bouncepoint was easier to pinpoint. USD/JPY...

Nailed it at 5889 after spread which is actually floating between about 6-11 pips. moving stop close now as price is 5914 and shows interest in climbing more, time will confirm.

The EUR/CAD has just dropped further and is nearing an expected bouncepoint of 1.5885-95 with a bounce potential exceeding 75 pips.

Stopped out on U/CAD at 0 after it bounced up from about 0250 to 0270 earlier today. I tried a EUR/CAD buy but stepped away from computer without moving stop up to 0 and it came back to hit the stop after giving 30 pips of positive movement. CAD/JPY came up to 99.85 and seems to be doing...

The trend on most pairs seems to be fading for now, and in the case of the U/CAD retraced quite a bit. I'm buying it in mid 50's with upward trend, target above recent high of 0320. G/J seems unfinished for upward move after doing an ABC down on minute charts to 201.25ish EUR/CHF and...

The EUR/GBP trade concept worked, currently the price being 7957 and probably ready to take a rest soon. From 7750 to current price there is a potentially complete pattern up with 12345 waves as seen well using 1hr 30 day charts, the last pulse up having its own 5 wave set, smaller scale. This...

Stopped at 0 on 7908 EUR/GBP entry and would have probably re-entered a buy at 7900 area had I been at computer. The pair is being largely driven by the GBP/USD activity at this point so if GBP/U comes down once more before larger correction up and EUR/USD doesn't drop a lot then E/G should hit...

Target nearterm is 7940, now 7923 with stop to 0

Good to have you back. I've been quite distracted this week so didn't post. EUR/GBP seem like it's going to continue upward again, currently at 7908 Sometime next month I think the U/J is going to drop and help unwind carry trades a bit further... Bank of Japan has kept their interest...

The pattern for EUR/CAD seems higher longterm as well after pullbacks... U/CAD current retracing from above 0170, at 0119 destined for higher levels after pulback is complete. An eventual target is 0300 at this point confirmed it it pushes past 0200 strongly after next proposed upthrust...

Canadian Dollar Plummets as Prices of Export Commodities Drop By Haris Anwar March 19 (Bloomberg) -- Canada's dollar dropped by the most in more than four months as commodities tumbled and investors speculated the nation's central bank will follow the U.S. in cutting interest rates...

Confirmed uptrend in Elliot Wave pattern breakout up with Wave 3 of larger 5 wave set happening it appears so buying on dips with trend makes the most sense.

The G/U seemed to be pulled up by fundamentals last night and a large ABC down although showing an incomplete C down is typical of a scrunched E.W pattern against a stronger trend.

Note how the rise of the GBP/U in relationship to EUR/U pushed EUR/GPB down of triangle top. G/J is quite high at above 198.51 so will look for pullback opportunity as one sell attempt has resulted in a stop at 0 already. Larger trend seems like it could remain for up so will also look to...