AUD.USD

[arco]

max reckons .86 so hes in pretty close agreement with your projected chart arco.
not hard to see that 5 waves up on your chart either (with the projection included) .... tho I am not sure that we are meant to see 5 waves

Yes, I'll have to check to see if there are any possibly irregularities on B waves. DB might assist.

[arco]

This B wave looks vaguely similar

http://www.market-harmonics.com/elliott_wave1.htm

[peat]

oh dear
arco
what are you saying !!

I've been reading the EWI stuff I've subscribed to last week over the weekend and I've now asked the girl to hide all the sharp instruments in the house as I am starting to feel a bit suicidal.
They really are super bearish and subscribe to the 'Its All One Market' theory (including gold , tho they do admit it may hold up better than other commodities), so theres nowhere to hide except cash.

[peat]

looks like a hammer about to form. already have a big position from .79

[peat]

kept adding in to the retracement tonight , now starting to pay off.

[dumbass]

Yes, I'll have to check to see if there are any possibly irregularities on B waves. DB might assist.

hi guys , corrections are always bitches to count but it looks to me like a big B/2 wave.

without wanting to confuse here's how im counting it and maybe a top is in on this wave.

flat correction labelled wave W then X wave then Y wave zig zag.

A bit more simple TA indicates trend line break and looks like 77.28 is under pressure.

close to a short ?

Max is still picking a final leg higher !

[macduffy]

Interesting take on the AUD here.

http://www.kitco.com/ind/dorsch/jul222009.html

[peat]

Interesting take on the AUD here.

http://www.kitco.com/ind/dorsch/jul222009.html

respekt to the RBA
they made 20c, thats 2000 pips , on 3 bill.

[dumbass]

hi arco , saw your post on elliot thread .
try this as a possibilty one more wave higher into 85 -86 for completion.

[arco]

hi arco , saw your post on elliot thread .
try this as a possibility one more wave higher into 85 -86 for completion.

Thanks DB - the action seems to be on its last legs, ready for a nice fall.

arco