I’m watching for signs of a possible Euro Weakness against the number of currencies, such as USD, CHF, JPY, AUD and NZD. EURUSD currently seems to be forming a typical 5 waves pattern, might be a good chance if the pattern is validated during NY Open …
Jan
25
2010
25
2010
Jan
22
2010
22
2010
Ichimoku EW Combo: EURAUD
If the Wave Count is correct, it might become a good opportunity to go Long for a couple of hundreds pips on EURAUD …
Jan
20
2010
20
2010
Ichimoku Learning: Combined with Elliott Wave
I’m experimenting usage of Ichimoku with EW Counts these days and so far its providing great results … here is one example …
Jan
13
2010
13
2010
USDJPY: Ichimoku Analysis with EW Count
I’m not an expert on Elliott Wave and would love to hear the feedback for this Count …
Dec
15
2009
15
2009
Trade Updates: Microsoft and Oracle
As you can recall, I’ve been adding my Long Positions in Microsoft and Oracle since the mid of October 2009. Oracle just reached to Profit Booking level today at 23.35$ while Microsoft has made a Double Top at 30.00$, however the Daily and 4H timeframes are all Bullish for Microsoft and I’m willing to hold [...]
Nov
8
2009
8
2009
Ichimoku Analysis with EW Count for EURUSD
As discussed earlier, I’m currently shorting EURUSD but in the longer run I still feel there is another Bull Run due for this pair. I’ll be watching 1.472 (50+- pips up or down) level quite closely and look for the Reversal signs. If the Wave-5 starts from there, 1.53xx is the longer term Profit Target [...]
Oct
18
2009
18
2009
Ichimoku Weekly: Long Term Bias – 18th Oct 2009
Getting back from an overseas trip and catching up Flu and Cold is nothing new for me, I usually get this whenever I change my environment. But this also gives me an opportunity to just stay at home and focus on preparing Long Term Bias by combining the Ichimoku Analysis with Elliott Wave Counts. PS: [...]
Oct
18
2009
18
2009
Trading Idea: Shorting GBPJPY – 18th Oct 2009
I’ve stayed away from the Monster (GBPJPY) for quite a long time now and havent traded it since almost a couple of months. However, just now when I had a look at the potential weakness coming up in GBP Index, this pair was my second choice to look at in detail after GBPUSD. Similar to [...]
Oct
18
2009
18
2009
Trading Idea: Shorting GBPUSD – 18th Oct 2009
Picture is much clearer now, GBPUSD has confused many during the last week and people have been making calls in different directions. I somehow survived with the last week’s fast bull rally and closed my Shorts much earlier to book the profits, however it seems that there is another Longer Term Short Selling Opportunity might [...]
Oct
15
2009
15
2009
MT4 Indicators: EW Counts with Ichimoku
Feeling bit of excitement as I’ve been working on this Indicator since quite a long time now and I’ve had a great difficulty to get a grasp of the basic idea about where to start from. The idea was to have an indicator which can draw a possible EW Count based on the Input provided [...]
Aug
18
2009
18
2009
Market Sell Off
Guys, I would recommend extreme caution during this Sell-Off and suggest that we should only take Trades as per the Market’s Main Trend. Just do not try to drive on the wrong side of the road. What we’ve seen today is a perfect example of Sell-Off, where the Greenback is back and beating all the [...]
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