Elliott Wave Free Forex Signal

There are few Elliott Wave Forecasting service out there, some offer paid service and some just give them for free just like us.One of popular and established elliott wave forecasting service is from www.elliottwave.com.

Elliottwave.com provided a comprehensive market forecasting based on Elliott Wave Analysis for many investment instrument such as stocks, forex , and real estate.But they providing this service for paid members only.

Same goes to www.neowave.com, but neowave is more focused on Forex Analysis only.

One of Elliott wave free forecasting provider is http://www.realtimeforex.com/.Because its a free service, realtimeforex only provide a simple forex signal based on Elliott wave forex daily analysis.

OK, Lets see on how Elliott wave signal has been produce in the last five days of trading :-

AUD/USD Elliott Wave signal - Sell Stop at 0.8650.
Stop loss= at 0.8710 area
Target profit = 0.8550 area
Position= take profit when market reached at 0.8551.profit= + 99 pips.
Additional Strategy = move stop to break even and wait until target reached.

Latest EUR/USD Elliott Wave signal - Buy at Market price at 1.4640 area.
Stop Loss= at below 1.4590 area.
Target profit = 1.4750 area
Position= Target reached with a profit of 110 pips +
Additional Strategy = hold position and wait for next update.

Latest GBP/USD Elliott Wave signal - Pending Sell Stop at 2.0170 area and Buy Stop at 2.0360
Stop Loss for sell signal = 2.0230 area and Stop Loss for buy signal = 2.0310 area.
Target profit = Target profit = 2.0060 area , Buy Target Profit = 2.0460.
Position= Buy stop triggered and target reached : Profit = 100 pips +
Additional Strategy = wait for next signal.

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 = First Target reached with a profit of 200 pips.
Additional Strategy = Wait for any update on next elliott wave signal.

Latest USD/CAD Elliott Wave signal - Sell limit at at 1.0240 and Sell Stop at 1.0150 area.
Stop Loss = at 1.0280 area for Sell limit and 1.0230 for sell stop signal.
Target Profit at 1.0150 area for Sell limit Signal and 1.0080 area for Sell signal.
Position = Sell Limit Triggered at 1.0240 and target archived for profit = 90 pips
Additional Strategy = When one of the signal triggered, remove the other pending signal.

Latest USD/CHF Elliott Wave signal - Sell Stop at 1.1470 area
Stop loss= 1.1510 area.
Target profit = 1.1360 area
Position = Pending Sell Signal .
Additional Strategy = will update on next signal.

Latest USD/JPY Elliott Wave signal - Pending Sell Stop at 110.40 area and Buy Stop at 111.30.
Stop loss= above 111.25 area for sell entry and 109.50 for long entry.
Target profit = at 109.50 area for short entry and 113.50 for buy entry.
Position= Sell stop and buy stop triggered. Sell position got stopped out with -85 pips and buy position win with + 220 pips
Additional Strategy = Wait for Next Signal

Total Pips = + 734 

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