USDJPY Structure to support LowwerUSDJPY has structure in place for the pair to go lower. Next support 109.80 handle.
Rkchartest
Possible Count and Trade Setup GBPUSD 10FEB2016It is possible a wave 2 pullback is now complete. In wave 3 we have a great entry from a wave 2 "blue 2" pull back for a Sell position.
Long-term possible count for EURUSD 07FEB16Here is my long term possible count for EUR/USD. This is a daily count so time will tell. However it gives us something to look forward too as time progresses.
EURJPY Head and ShouldersEURJPY has a nice head and shoulders setup. Also a major trendline is holding the pair down and has been for some time. I'm selling the pair.
AUDUSD Possible wave count and Sell Setup 03FEB2016AUDUSD Wave 2 cant not go past the origin of wave 1. If this does not hold true then we are in a rare triple 3.
Possible Trade setup and beginning of wave 5Here is a possible trade setup if the count holds true. Im expecting this to be wave 5 in C, or wave 5 is about to develop if this is a triangle on wave 4 of C.
Use your own analysis, this is just an idea.
AUDUSD Trade Setup 26 JAN 16AUDUSD Just made our 2 for wave 5. This gives us a good entry point with low risk and high reward. Im conservative and set my Take Profit for 1.618 of wave 1. This allows me to trade the other waves such as wave C in 4 and also wave 5 that will finish this cycle.
USDJPY Trade Setup 26JAN16USDJPY Started a wave 3 by my count. I have entered this trade as a low risk good reward trade. I trade conservatively so I picked the 161.8% of wave 1 as my profit target. This allows us to trade wave C in wave 4 and get into Wave 5 when that time comes.
USDCHF Possible wave count and Long Term Short TradeUSDCHF is starting to complete its corrective structure. If this count holds true it should take half the time to reach its profit target then it took to correct. Zig Zags tend to retrace 100% of the prior wave A or W. The minimum requirement for a C wave or Y wave is 61.8% to be complete. I chose the 61% level to not pick bottoms and have a high probability setup with a reward that is rather good. 2% risk would return around 20% on this trade. This is the kind of trade we look for and use patience.
EURUSD Possible Triangle and Trade setupTriangle has formed on the EURUSD Creating wave B or X. Triangle relationships tend to retrace .618 of the prior alternate wave. This gives us a good Take profit level. Wave E only has to retrace 50% of wave D to become valid. When that happens, keep a close eye for a entry to a new impulse wave to create Wave C or Y.
GBPUSD Possible Completion of 4th wave. Trade: SHORT 24 JAN 2016GBPUSD has completed the 4th wave.. Look at my old charts and you will see that this channel has been posted for a long time to look for the 4th wave completion. It did exactly as expected. I will be trading this on the pull back with1.618 of the wave before the pull back for my take profit. Conservative, and very high probability to reach TP. If the pull back is .618 of the wave 1 of 4, it will make the reward of this trade very very good.
EURUSD Started it down decentEURUSD possible wave structure shows the pair ready to head lower. We are currently in a 3 of a 3 for wave 5.
USDCHF SELL SETUP 20 JAN 16Sell setup. B Wave triangle has completed and Wave C has begun. Conservative trade has been put in chart with good risk to reward.
