Archive for November, 2007

Currency Pair = USD/CHF

Time Frame = Daily for Short Term Trade

Elliott Wave Signal = Sell market price = 1.1200 area

Target Profit = 1.1050 area

Calculated Risk Level = 6.87+ ( medium Risk )

Stop Loss at 1.1290  area.

Additional Strategy = will update on next signal.

Latest illustrated Elliott wave USD/CHF analysis :-

elliott wave

Latest Elliott Wave Signal Update Progress :-

Latest AUD/USD Elliott Wave signal - Sell Stop at 0.8650
Stop loss= 0.8700 area.
Target profit = 0.8550 area
Position=Pending Sell Stop
Additional Strategy = Ride the c wave for the rest of corrective wave down.Move stop to break-even or few pips below entry when market move below 50 points below entry.

Latest EUR/USD Elliott Wave signal - Sell stop triggered at 1.4745 area.
Stop Loss= 1.4835 area.
Target profit = 1.4545
Position= Loss 90 pips when  stop loss been hit.
Additional Strategy = Signal still valid for medium term,so we put a sell stop signal again at 1.4745 with stop and target point same as latest EUR/USD signal.

Latest GBP/USD Elliott Wave signal - Sell Stop at 2.0513 area.
Stop loss = 2.0565 area.
Target profit = 1st Target profit between 2.0435-2.0413.
Position= pending sell signal.
Additional Strategy = none.

Latest NZD/USD Elliott Wave signal - Buy at 0.7740 triggered.
Stop loss= Last stop has been trailed to 0.7770 when market reached 0.7800
Target profit = target at 0.8000.
Position= closed with 30pips profit when market hit last stop at 0.7770
Additional Strategy = waiting for next signal

Latest USD/CAD Elliott Wave signal - Buy at market Price at 0.9960 area.
Stop loss= above 0.9890 area.
Target profit = 1.0080 area for first target and 1.0200 area for second.
Position= Position stopped out at 0.9890 for 70 pips Loss.
Additional Strategy = Wait for next Signal.

Latest USD/CHF Elliott Wave signal - Sell market price = 1.1050 area
Stop loss= Last Stop trailed to 1.0940 when market reach 1.0890.
Target profit = 1.0800 area
Position = Position stopped out at last stop at 1.0940 with 110 pips profit .
Additional Strategy =wait for next elliott wave signal.

Latest USD/JPY Elliott Wave signal - Pending Buy Stop at 109.50 area.
Stop loss= above 108.65 area
Target profit = 111.50 area for first target.0
Position= Pending buy stop triggered at 109.50 on 28 Nov 2008.Current position float with 65 pips+ (market price = 110.15).
Additional Strategy = As expected in last signal USD/JPY continue its bearishness and moving towards our target at end of wave v of wave c.As current market has pass half way to end of wave v so we just have to wait next cycle wave to be formed.So today we set a pending buy signal in order to trade possible next impulsive wave iii.Anything happen to market we will update this signal on our next elliott wave signal.

Popularity: 18% [?]

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Latest USD/CAD Elliott Wave Signal :-

Currency pair = US Dollar vs Canada Dollar

Time Frame = Daily for Medium term trade.

Signal = Buy at market Price at 0.9960 area.

Target Profit at 1.0080 area for first target and 1.0200 area for second.

Stop Loss = at 0.9900 area

Calculated Trade Risk Level = 1.3+(high risk)

Additional Strategy = Seem that market continue to form upward waves towards wave a.That makes 5 wave up to complete wave a.On today’s elliott wave signal we target end of wave a between 1.0080 to 1.0200 area.

Latest illustrated USD/CAD Elliott Wave analysis :-

elliott wave signal

 

Latest Elliott Wave Signal Update Progress :-

Latest AUD/USD Elliott Wave signal - Sell Stop at 0.8650
Stop loss= 0.8700 area.
Target profit = 0.8550 area
Position=Pending Sell Stop
Additional Strategy = Ride the c wave for the rest of corrective wave down.Move stop to break-even or few pips below entry when market move below 50 points below entry.

Latest EUR/USD Elliott Wave signal - Pending Sell stop at 1.4745 area.
Stop Loss= 1.4835 area.
Target profit = 1.4545
Position= Pending Sell signal
Additional Strategy = Get ready when EUR/USD break entry point and move stop to break even when market goes 50-80+ points below entry.Then trail stop with 35 point step.

Latest GBP/USD Elliott Wave signal - Buy Stop triggered at 2.0580 area.
Stop loss = below 2.0500 area at entry and move to 2.0550 after market reached 2.0650.
Target profit = at 2.0690 area
Position= We take profit at 2.0680 with 100pips + profit.
Additional Strategy = wait for next elliott wave signal update.

Latest NZD/USD Elliott Wave signal - Buy at 0.7740 triggered.
Stop loss= Last stop has been trailed to 0.7770 when market reached 0.7800
Target profit = target at 0.8000.
Position= closed with 30pips profit when market hit last stop at 0.7770
Additional Strategy = waiting for next signal

Latest USD/CAD Elliott Wave signal - Sell at market Price at 0.9800 area.
Stop loss= above 0.9890 area.
Target profit = 0.9550 area wave end of wave b down.
Position= Current market price = 0.9810 - Position Stopped out at with -90pips
Additional Strategy = Wait for next Signal.

Latest USD/CHF Elliott Wave signal - Sell market price = 1.1050 area
Stop loss= Last Stop trailed to 1.0940 when market reach 1.0890.
Target profit = 1.0800 area
Position = Position stopped out at last stop at 1.0940 with 110 pips profit .
Additional Strategy =wait for next elliott wave signal.

Latest USD/JPY Elliott Wave signal - Pending Buy Stop at 109.50 area.
Stop loss= above 108.65 area
Target profit = 111.50 area for first target.
Position= Pending buy stop.
Additional Strategy = As expected in last signal USD/JPY continue its bearishness and moving towards our target at end of wave v of wave c.As current market has pass half way to end of wave v so we just have to wait next cycle wave to be formed.So today we set a pending buy signal in order to trade possible next impulsive wave iii.Anything happen to market we will update this signal on our next elliott wave signal.

Popularity: 21% [?]

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