Trade Of The Week

[dumbass]

i thought if anyone is interested may take a more detailed look at a possible trade coming up

for the week. maybe a bit more detailed than normal with some sl, profit considerations as

well as short and long term perspective charts.

so ill have first go then maybe take it in turns to post something

may keep a running total of pips won lost as a team

just a bit of fun really

[dumbass]

long term andrews pitchfork

cable in well defined up trend from early 2006

[dumbass]

long term elliot wave

[dumbass]

long gbp usd

from elliot count probably in 5th wave of a larger 3

also butterfly in flight

[dumbass]

on shorter time frame

entry at 2.0320 and 2.0300

sl 20236

target 2.0510

[miner]

Eur/jpy to test 168.84ish (daily) if so then usd/jpy north also.

Cheers
Miner

[arco]

Some pairs that have potential for this week IMO...

Eur.Chf - Tweezer Top / BF PRZ

Chf.Jpy - Action in Gartley PRZ

Euro - Butterfly PRZ

[dumbass]

morning , im in agreement miner , i ve been trying out my elliot wave counts which

suggest gbp usd in a corrective wave 2 on smaller time frame 15 min i think

so if im right that wave 2 can not exceed the wave 1 low 20236

those entrys are just a bit of a standard fib level retacement so could wait and see for reversal would make a lot more sense ,

all bets off 20236 breached

[miner]

If you look at usd/jpy(daily) there are some nice potential U's that would tie in with the eur/jpy U which has done what I thought for the last few weeks,as in hitting U targets,so the U is getting bigger.

Cheers
Miner

[miner]

If we close ok above 117.80 then on the daily 119.82ish is a good U target for usd/jpy.

Keep in mind someone with a brick between there ears would be more onto it than me at the moment,so head on the block calls.

Cheers
Miner