Archive for June, 2007

Elliottwave off topic : Malaysian Blogger List

Today I got an email from Daryl that said he has finally completed his MyList project today.


He has announced about this final list at his recent email.

In his email he giving an instruction for participants to completed their Mylist project with a topic of the final Mylist list.

Here are the instruction given in his email  :-

First,download the final list as stated at Daryl email ,you can choose either one from the two format given.

Second ,make a new post regarding this completed MyList.There is 3 ways you can post the final list on your blog or blogs,refer to Daryl email to view each one of them.

Finally,publish the final list then inform about in Daryl new Forum.

Below are the final list of Daryl Mylist project.

Kitchen Experiments
Elliottwave Signal Read the rest of this entry »

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Currency pair = USD/JPY

 

ElliottwaveSignal:

Short term trade.

TimeFrame = 4 Hours.

Signal = Market sell advise.

Risk Reward Ratio = < 2.0

This is a high risk trade on taking advantage of the remaining counter trend.

Possible of next Elliott wave pattern :-

Corrective ZigZagC.

Market are now should forming a correction after reached a new four month high last week.We could see this correction is expanding utill end of the month.

Ranges for this corrective ZigZag pattern would be between 121.50 to 119.50 area.

Regards.

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