Elliott Wave Free Forex Signal

Elliott Wave Signal Currency pair = USD/JPY

Time Frame = Daily for short Term Trades.

Signal = Pending Sell Stop at 110.40 area and Buy Stop at 111.30.

Target Profit at 109.50 area for short entry and 113.50 for buy entry.

Stop Loss = above 111.25 area for sell entry and 109.50 for long entry.

Calculated Risk Level = 0.83+ (Very High Risk) for Short signal and 2.91 (Medium Risk) for Buy Signal.
Additional Strategy = This is 1st time we provided dual signal for one currency pair.We assume two signal have more profitunity than one for that is why we provided two.One sell signal for trade the wave ii and Buy Signal is means for wave iii.
Latest Illustrated USD/JPY Elliott wave signal Chaos analysis :-

Latest Elliott Wave Signal Update Progress :-

Latest AUD/USD Elliott Wave signal - Sell Stop at 0.8650.
Stop loss= at 0.8710 area
Target profit = 0.8550 area
Position=Pending Sell Stop
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 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 Wednesday, December 5th, 2007 at 4:35 pm and is filed under Elliott Wave Signal USD-JPY.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.