Elliott Wave Free Forex Signal

Currency Pair = AUD/USD.

Time Frame = Daily for Short Term Trade

Elliott wave Signal = Sell Stop at 0.8650.

Target profit at 0.8550 area.

Calculated Risk Level=1.23 (high risk)

Exit / Stop Loss = at 0.8710 area.

Additional Strategy = Our view still the same as previous AUD/USD Eliott wave signal.Trade the minor c wave down.Move stop to break-even or few pips below entry when market move below 50 points below entry.
Latest Elliott wave AUD/USD currency pair analysis chart :-

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 Market Price at 0.7650.
Stop loss= 0.7590 area.
Target profit = 0.7850 area for 1st target and 0.7980 for second.
Position= Market Price = 0.7620, position floating with -30pips.
Additional Strategy = Wait for any update on next elliott wave 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 = 1.1200 area
Stop loss= 1.1290 area..
Target profit = 1.1050 area
Position = Position stopped out with 90 pips loss .
Additional Strategy = will update on next signal.

Latest USD/JPY Elliott Wave signal - Pending Buy Stop at 109.50 area.
Stop loss= stop has been trailed 30 point step below market price at 110.95 area
Target profit = 111.50 area for first target.0
Position= Stop has been hit at 110.95.Market closed 145 pips+ profit .
Additional Strategy = Wait for next signal.

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This entry was posted on Tuesday, December 4th, 2007 at 5:00 pm and is filed under Elliott Wave Signal AUD-USD.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.