Archive for the “Elliott wave summary” Category


We want to thanks to all Elliott wave signal reader who are still with us as we had a long-rest few months back.

Before we continue with a new chapter, we want to summarize our last elliott wave signal.

AUD/USD Elliott Wave signal - Buy Stop at market price at 0.9410 area. Sell limit at 0.9500-0.9510 area.
Exit / Stop Loss = 0.9340 area for Buy Signal and 0.9540 for Sell signal.
Target profit for buy 0.9510 and if market extend next target will be at 0.9630. Sell target = 0.9400 for first and 0.9350 for last.
Position= Take profit at 0.9490 for a profit of +80 pips
Additional Strategy = wait for next signal.

EUR/USD Elliott Wave Signal - Pending Sell Limit at 1.4830 area and Buy Stop at 1.4850 area.
Stop Loss for Sell Signal = 1.4900 and Stop Loss for Buy Signal = 1.4780.
Target for sell = 1.4760 for first, 1.4630 for second and 1.4510 for last. Target for Buy Signal = 1.4910 for 1st, 1.4970 for second and 1.5070 for third and 1.5200 for last.
Position = Our Sell position has been dragged up to 1.4870 area for - 40 pips .Our Buy position has reached the final target today for a profit of + 420 pips.
Additional Strategy = Wait for next Eur/Usd Elliott wave Signal Update.

GBP/USD Elliott Wave signal - Buy Stop at 1.9760-1.9780 area and Sell Stop at 1.9330 area.
Stop Loss at 1.9350 area for Buy signal and 1.9550 area for Sell signal.
Buy Signal Target Profit = 1.9960-2.0020 for first, 2.0160 for second and 2.0290 area for last. Sell Target = 1.9270 for first, 1.9195 for second and 1.9050 for last.
Position= Our Buy signal has been taken and the first target has been reached for a profit of +100 pips. As this is a long signal we should give it a time for the next target to archive.
Additional Strategy = Wait till next update.

NZD/USD Elliott Wave signal - Pending Buy Stop at 0.8000 ( Continue from previous NZD/USD Elliott Wave Signal) and Limit Buy at 0.8030-0.8050 area . Pending Sell Stop at 0.7930 area.
Stop Loss for Buy Signal = 0.7960 area and Stop for Sell = 0.8020.
Buy Target = 0.8100 for first and 0.8190-0.8220 for second and 0.8330-0.8350 for last. Target for Sell Signal = 0.7840 for first, 0.7790 for second and 0.7730 for last.
Position= Take profit on last profit taking advice at 0.8180 for + 200 pips.
Additional Strategy = Wait for next signal.

USD/CAD Elliott Wave signal - Buy Stop at 1.0400 area and Sell limit at 1.0320 area.
Stop for Buy Signal = 1.0270 area and Stop for sell = 1.0400 area.
Calculated Trade Risk Level = 8.33+ for Buy Signal (Medium term) and 1.17+ (High Risk) for Sell Signal.
Target for Buy Signal= 1.0520 area for first, 1.0630 area for second and 1.0700 area for last. Target for Sell Signal = 1.0270 area for first, 1.2020 for second and 1.0170 area for last.
Position = Sell limit taken on 1st April and target archived on the  second for a profit of 148 pips+.

USD/CHF Elliott Wave signal - Pending Sell Stop between 1.0920 - 1.0940 area (Continue from previous signal which taken the 1.0940 entry)
Stop loss = 1.1040 area for Sell Signal.
Target point = 1.0800 for first , 1.0750 for second, 1.0670 for third and 1.0580 for Final.
Position = take the last profit taking advice for a total profit of +210 pips. 
Additional Strategy = Wait for next update

USD/JPY Elliott Wave signal - Sell Stop at 104.80 area and Buy at Market price at 105.10-105.15 area.
Stop Loss = Above 106.60 area for Sell Signal and below 104.70 area for buy signal.
Target for Sell Signal = 104.00 for first, 103.60-103.30 for second and 102.80 for last. As for Buy Target = 105.70 for first, 106.00-106.40 for second and 107.10 area for last.
Position= Buy Position being stopped out for -40pips and Sell target archived with a total profit of +200 pips .
Additional Strategy : Wait for next signal.

Popularity: 30% [?]

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Ok back to our Weekly Report Summary.

Below are Elliott Wave Signal Weekly Summary #9

AUD/USD Elliott Wave signal - Buy Stop at 0.9090.
Exit / Stop Loss = 0.9015 area for Buy Signal.
Target profit for buy at 0.9150 1st, 0.9230 2nd and 0.9350 last.
Position= Market has climb towards our second target for a profit of +140 pips.
Additional Strategy = You may follow our advice to take current profit. If you want to wait until the last target, make sure you has locked profit on your open position.

Latest EUR/USD Elliott Wave Signal = Pending Sell Limit at 1.4830 area and Buy Stop at 1.4850 area.
Stop Loss for Sell Signal = 1.4900 and Stop Loss for Buy Signal = 1.4780.
First Target Profit for buy signal at 1.4990 and 1.5050 for second and 1.5130 for last. Target for sell = 1.4760 for first, 1.4630 for second and 1.4510 for last. Target for Buy Signal = 1.4910 for 1st, 1.4970 for second and 1.5070 for third and 1.5200 for last.
Position = Our Sell limit has been triggered and market now stop at 1.4827 area for a floating profit of + 3 pips.
Additional Strategy = Hold current open position and our buy pending signal. Update will be given on the next elliott wave signal.

Latest GBP/USD Elliott Wave signal - GBP/USD Signal = Buy Stop at 1.9760-1.9780 area and Sell Stop at 1.9330 area.
Stop Loss at 1.9350 area for Buy signal and 1.9550 area for Sell signal.
Buy Signal Target Profit = 1.9960-2.0020 for first, 2.0160 for second and 2.0290 area for last. Sell Target = 1.9270 for first, 1.9195 for second and 1.9050 for last.
Position= Hold current pending signal for long term trader.
Additional Strategy = Wait till next update.

Latest NZD/USD Elliott Wave signal - Pending Buy Stop at 0.8000 and Sell Stop at 0.7760
Buy Stop = 0.7860 and Sell Stop Loss = 0.7800
Buy Target = 0.8100 for first and 0.8210 for second and 0.8330 for last.
Sell target = 0.7650 for first and 0.7580 for last.
Position= Market has reached our first target for a profit of +100 pips. If you want to wait for next target make sure you secure your position that are now floating with + 86 pips .
Additional Strategy = If you want to hold any open position, we suggest to move stop above entry for secure profit. Else wait for our next NZD/USD forex signal.

Latest USD/CAD Elliott Wave signal - Buy Stop at 1.0400 area and Sell limit at 1.0320 area.
Stop for Buy Signal = 1.0270 area and Stop for sell = 1.0400 area.
Calculated Trade Risk Level = 8.33+ for Buy Signal (Medium term) and 1.17+ (High Risk) for Sell Signal.
Target for Buy Signal= 1.0520 area for first, 1.0630 area for second and 1.0700 area for last. Target for Sell Signal = 1.0270 area for first, 1.2020 for second and 1.0170 area for last.
Position = This is a Long Term Signal so it may takes time for our signal being triggered and if the signal not being taken we will update with the new one on the next USD/CAD Elliott wave signal.

Latest USD/CHF Elliott Wave signal :-
Elliott Wave Signal for USD/CHF = Pending Sell Stop between 1.0920 - 1.0940 area and Buy Stop at 1.1070 area.
Stop loss = 1.1010 area for Sell Signal and Below 1.0990 area for Buy Signal.
Target point = 1.0860 for first , 1.0750 for second and 1.0680 for final for Sell Signal. Buy target = 1.1120
Position = Our buy position has been stopped out for a loss of -80 pips. Our first Sell position has been stopped out with - 70 pips loss. But Market going bearish again to take the sell signal for the second time, this time market has move to a new low at 1.0835 area. Last market price was at 1.0850 area for a floating profit of 90 pips+.

Additional Strategy = You can take current profit or wait next update for our trading strategy.

Latest USD/JPY Elliott Wave signal - Signal = Sell at market price at 107.80 area and Buy Stop at 108.80 area
Stop Loss = Above 108.70 area for Sell signal and below 108.10 area for buy signal.
Target for sell signal = 107.20 for first, 106.80 for second and 105.80 for last. As for Buy Target = 109.30 for first, 109.70-110.00 for second and 110.70 for last.
Position= Market has move to our second target at 106.80 for a profit of + 100 pips.
Additional Strategy : Take current profit or wait till next signal update. Market still on our trend path and we will closely monitor on the next critical level. If market able to break that level we may expand our target up to end of wave cycle :)

Grand Total Profit = + 283 Pips

Popularity: 53% [?]

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