Three months ago a posted this idea that suggested a low was just around the corner. This turned out to be right. We are now in the process of completing wave X in a complex correction or wave (A) in a flat. This market should trade a bit higher into the 11.10-25 area before dropping. A break above 11.55 (wave C=A*1.618) would invalided this idea. Follow all...
This is an update for my previous idea The alternative count I showed in the end of the video is playing out. We should see a top very soon and reverse lower.
Another idea in the EUR-crosses series. EURNZD: EURCAD: It looks like we are in the last leg of the complex double zigzag correction. We should see another low near 1.38-1.36 area before getting a bounce for wave xx or the start of a new impulse that should make new highs above 1.58. Follow all my demo trades at www.myfxbook.com Disclaimer:...
The EUR-crosses are poised to make new lows against the Forex commodities currencies (AUD, NZD and CAD). Here is my EURCAD idea: and I will be posting a EURAUD idea after this one. The next low should complete a bullish pat pattern, which is valid as 1.4960 holds. It looks like we are in a complex wave (b) of wave B or X. If it's wave B, we are doing a flat...
In my previous idea I have shared an idea that we were doing a triangle wave B. This recent rally have invalided this idea, but this price movement is still very corrective. Short again, stops at 105.50. Follow all my demo trades at www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail:...
I went short his pair yesterday via twitter twitter.com It looks like we have completed a zigzag, where wave B was a flat. A extension above 1.1270 (C=Ax1.618) would make this count unlikely to play out. Follow all my demo trades at www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail:...
This is an update for my previous idea We have a bearish engulfing that is telling us that a downside correction is probably underway. We have completed five waves up and should see a buyable dip towards 1.0850/00. Follow all my demo trades at www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail:...
This is an update for my previous idea: We got a reaction lower as expected, but because of bad timing and lack of time for trading, I only got 70 pips of that trade. I guess that's better than a loss... In my previous idea, I suggested that we were on the verge of completing a 11 swings correction for wave B. After making a high at 1.543, we got an overlapping...
This is an update for my previous idea where I commented " Wave (e) looks like a 5 wave impulse, so as long as the wave (d) low hold, we could see another push higher", and that is probably what is happening now. The flat completed and we got a move lower. After making new lows we have seen a five wave advance. This current wave structure is telling us the we...
This is a trade setup for my latest USDJPY idea We are still in the triangle, and it looks like we have complete wave (a) of D, which was a leading diagonal. Wave (b) was a triple complex correction and wave (c) should now be under way to complete wave D. I'm short against 102.72 looking for a move below wave (a) and towards the 101 level. Twitter:...
I will look to sell the NIKKEI225 as it stays below 15778 Follow all my forex trades at MyfxBook: www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail: traderwgun1@gmail.com Good luck!
This is an update for my preivous idea www.tradingview.com We have completed wave A impulse to the downside and are now in a corrective wave B that should reach .8580-.8620 area before another leg lower. Follow all my forex trades at MyfxBook: www.myfxbook.com Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com Mail:...
It starting to look like the FX Commodities are about to get bid. Wave (A) was a flat. Wave (B) was a zigzag. Wave (C)=(W) was in five waves. After that we got a wave A zigzag, and a complex wave C. The complex wave C could be done, but as 1.9565 holds we could see another three legs higher to complete a triple zigzag correction for wave C. Wave C should complete...
I have just added to my JPY long exposure by selling this pair. We should see a drop to 111-110 before we get a decent bounce. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com MyfxBook: www.myfxbook.com Mail: traderwgun1@gmail.com Good luck!
We got 7 swings drop from march highs. After that we got a 5 wave advance to complete wave (A) of (X). Wave (B) of (X) was a flat that ended at 27th of june. Wave (C) of (X) is made up of 11 swings, and we are in now the last of those swings. We should see a high below 1.8650 Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview:...
We should end a leading diagonal below .9200. Stop loss should be at .9220 Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com MyfxBook: www.myfxbook.com Mail: traderwgun1@gmail.com Good luck!
This is an update for my previous idea We reached equal legs target, but we are extending lower. Next target is .9247, which is Ax1.272=C. We are on the verge of completing a three legged move to the downside. The question now is if this correction is over or not. Disclaimer: www.traderwgun.com Twitter: twitter.com Tradingview: www.tradingview.com MyfxBook:...
My previous idea suggested that a the triangle was complete, but the impulsive price action has showed us that the market was doing a flat wave C. We are close to completing wave C flat with a five wave advance, and should see another test of the 100.80 level for wave D before another and final upswing to complete the triangle and begin wave C to the downside....