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  1. F

    Trading Excellence

    Australia, New Zealand Dollars Reach 3-Week Highs as Gold Rises By Candice Zachariahs Sept. 23 (Bloomberg) -- The Australian and New Zealand dollars reached their highest in three weeks as prices rose for commodities the nations export and the U.S. currency slid on concern the world's...
  2. F

    Trading Excellence

    Russia, China Lead Emerging Market Decline, Ending Record Rally By Lester Pimentel, Emma O'Brien and Denis Maternovsky Sept. 23 (Bloomberg) -- Stocks and bonds fell in Moscow and Shanghai, halting a record emerging-markets rally, as investors became concerned that the U.S. Treasury's...
  3. F

    Trading Excellence

    The patterns seem to indicate that a anti-USD trend is established for larger swings before any significant return to pro USD sentiment made manifest. I'll watch for a breakout of G/U above 8400 to significantly higher highs for next week over this one. Pairs should retrace a bit first before...
  4. F

    Trading Excellence

    The EUR/AUD rose as expected with conservative target met. The G/J dropped unexpectedly more. It should bounce up higher than current 188.65 before resuming drop to double bottom or lower. AUD/CHF is near a bouncepoint at 9035 and should be good for 30+ pips up before resuming downtrend. I...
  5. F

    Trading Excellence

    EUR/AUD has hit a bouncepoint and the Elliot Pattern shows rise of at least 50 pips from7272 area conservatively although 7400 is a more likely target area. GBP/JPY should work higher long term after correction, an ABC down with "A" already complete, down from today's high. The "B" up is now...
  6. F

    Trading Excellence

    Sold the E/CHF for 24 pips
  7. F

    Trading Excellence

    EUR/AUD has just hit a bouncepoint of 7325ish, target 7400. EUR/USD is reaching for a bouncepoint of 4045-50. then donw in an ABC then further up or at least double top some hours later. EUR/CHF is high as well and should ABC down at about 5945-50
  8. F

    EUR/JPY Evening Trader

    Regards... If you don't already do so, you may want to study the EUR/USD and USD/JPY along with the EUR/JPY. I find that studying cross pairs and related majors help confirm analysis of crosses although not neccessary if one has a good system. E/U currently 1.3926 qnd U/J 107.04 leaving E/J...
  9. F

    Trading Excellence

    Missed the NZD/USD news and subsequent price drop. A bounce up from about 6475 seems worth watching for, currently at 6494. Target above 6550 unless elliot wave indicates a clear finish before that. AUD/USD did an ABC up at newstime and has dropped lower, furthe completing a waveset. a temp...
  10. F

    Trading Excellence

    It seems the best moves are about over for now. NZD/USD news is later today and might prove to propel the NZD upward although a pullback to 6650 may happen first before large upward move. Targeting above 6750 after an ideal entry of about 6650 is to watch for. I've learned on this pair that if...
  11. F

    Trading Excellence

    USD/CAD has neared target close enough to exit. GBP/CHF dropped nicely although only about 50 pips instead of the 100 hoped for. I took a partial profit of 34 and was Stopped at + 10 on the rest. EUR/USD may move up above 4050 and then drop to new lows for the day making a target of about...
  12. F

    Trading Excellence

    USD/CAD target is 0750 despite having hit a bouncepoint for down at 0700. 0675ish might be a buypoint. Buy on dips, exit on peaks is the strategy attempted for this one today. GBP/CHF seems want to drift lower from current of about 9870 with traget about 100 pips lower.
  13. F

    Trading Excellence

    USD/JPY is worth a sell attempt at 108.25-30 if it reaches there before dropping. Stop can be close, 15-20 pips, and target seems likely to be at least 107.45
  14. F

    Trading Excellence

    USD/CAD was sold at 0620 with an entry order, profit 12. Also re-entered the CAD/JPY at 102.36 after spread and did the same for 9 pips. Will wait to see how the pattern evolves before re-entering. EUR/JPY came lower, a bit more than expected and I bought at 159.42 with close stop and...
  15. F

    Trading Excellence

    An attempted buy at 102.72 was Stopped at 102.47 and re-entry at 102.40 with the larger pattern showing possible completion down and upward target higher. Just took 19 pips of as partial profit and stops are now at 0 for the rest. USD/CAD seems high at 0595 area and although perhaps not quite...
  16. F

    Trading Excellence

    Canada's Dollar Falls as Economic Growth Is Less Than Forecast By Chris Fournier Aug. 29 (Bloomberg) -- Canada's dollar fell for a second day after a government report showed economic growth in the world's eighth-largest economy was less than forecast. The Canadian currency has...
  17. F

    Trading Excellence

    CAD/JPY Elliot Wave Count attached.
  18. F

    Trading Excellence

    Oil Rises in New York as Gustav Threatens U.S. Gulf Platforms By Alexander Kwiatkowski Aug. 29 (Bloomberg) -- Crude oil headed for its biggest weekly gain in almost two months and natural gas rose as producers evacuated rigs before the arrival of Gustav, forecast to be the largest...
  19. F

    Trading Excellence

    AUD/CHF buy concept was not fullfilled as entry hasn't been reached. The pair is expected to drop but another likley entry is to be determined. Currently AUD pairs seem to indicate that the AUD/USD will remain bullish for abit higher, currently 7050 and 7150 is a likely target. AUD/NZD...
  20. F

    Trading Excellence

    Buying the EUR/JPY at about 159.50-60 for a swing trade attempt shows a good RRR and, more importantly, good win potential based on strategy. Target is 160.40-50 for 80 - 100 pips with a 25-30 pip stop depending on entry. Target may not be hit until next week. and possibly the entry won't either...
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