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I think that these fundamentals give confirmation that the larger, long term trend of U/CAD is basically over and despite high commodity prices the large bias for the U/CAD pair is a rebound up from 11/07/2007. I think that the probably count for the pair since then is ABC up with A having been...

Elliot Wave is very helpful, took some time to get used to but wouldn't want to be without it now. I prefer the 3rd wave because even if ones Count is wrong and the 12345 you think is actually an ABC then at least you can expect to do some trend catching. The trick for me is how to find...

I've followed the aspect of automated news trading systems however with Elliot Wave analysis one can often enter the trade well before news and be correct on where the news will take the price. Time permitting I'll attempt to consistantly place some well chosen trades in the forum here...

A trader friend knows and has spent time with someone who has purportedly made a fortune and all he does is focus on the EUR/USD, knows it's every move or tries to, trades purely technically and could retire from what he has made in the last 3 years. He averages over 300 pips per week... a...

U/Cad currently 9940, if not near newstime I'll think of buying if it hits 9900 or near there for another pulse up to double top recent or possibly higher. It's late in the trend pattern though so could fail to exceed recent top if I'm reading the Elliot Waves well enough. A clear breakout above...

At the moment, the Elliot Wave pattern is interpretive, either an ABC up complete or a larger A up of bigger ABC up yet to be completed. Which I'm not sure although careful study of fundamentals may help determine. Trend down could continue from here to quoted target or move up first to...

A much closer target is in the 9300 area for a short term trade from 9275.

AUD has broken down and expected to bounce at about 9270-75 finishing a larger ABC down from the high of last week. The expected bounce area is worth leaving a partial position in for much higher possibilities than current levels... target possibly eventually above 9450.

As of 1/2 and hour ago the AUD/USD dropped rapidly on interest rate news and EUR/AUD shows an confirmed unfinished Elliot Pattern up to go further after pullback is finished, currently still above 6300. The AUD USD appears to have hit serious resistance at about 9300 and likely target of 9345...

Yes, thanks. I wanted to check the Elliot Wave progression on Oil and a few other things and the links have helped given a basic idea of that. Still being mainly a technical trader, I continue to gravitate towards considering fundamentals although reading commodity charts to determine the...

Not as much airtime off 105.07 as I thought it might. Good for 30 pips for those who caught it. I was trading other pairs so missed the bounce. The drop to 104 55 has given another good bouncepoint. One of these is going to be the big retracement...

Nice picture. At this point my best guestimate is for a double top of about 9970 then drop to possibly below 9800 before breaking for 2000. At least that's where I'd be watching closely for larger bounce down. Depends on what hour of the day because if the fundamentals are deviant from current...

Double bottom for 30 day chart 105.00. Bounce could be 120-50 pips Tripple bottom on 10 year chart is 101.75

120 moving average? Getting close to the big double bottom of 105.00 Will start watching for possible setup of large upswing soon.:cool:

U/J did bounce but only a dozen and now is lower confirming the trend is a trders friend.:)

So on AUD, A down was actually ABC down in a less than clear pattern. Caugth the breakout up while waiting to see if it was going to double top and come down in C. Target of 4500 unless the pattern stalls. With the strength of this trend there is no sign of stalling for a major reversal at the...

Another pulse up is probable but need to rest before re-analysis. I liked the breakout down on the G/CHF today. Caught some depreciation tonight after missing it earlier in the day. I exited then missed the rapid bounce back up. Trying to kick the multitasking habit. I miss too much movement...

Noteworthy... but how to gain precision from that I'm not quite sure ATM. Follow the trend until it clearly hits the wall and bounces up indicating trend reversal if one can't find precision I guess. Fundamentals are sure influencing the trend currently. Technicals still indicate an...

In case anyone is interested... http://www.wave-dynamics.com/ http://www.elliottwave.com/ http://www.investopedia.com/article...ical/111401.asp http://www.youtube.com/watch?v=0PufPdUfhKA

Missed the re-sell on CAD/JPY but am ready for another sell if it hits 50 again. Target 109.00 Majors did an unusual thrust further during what often is a quiet time for trading. Was stopped at - 3 pips on EUR/U and missed higher re-entry sell possibility at 5045. The U/CHF provided a good...