TAJ249

Message Follow Following Unfollow
Joined Malaysia
Markets Allocation
79 % forex 7 % stocks 14 % other
Top Mentioned Symbols
USDSGD 21% | 3 GBPNZD 7% | 1 GBPSGD 7% | 1 GLEN 7% | 1
TAJ249 TAJ249 USDCAD, D, Short ,
USDCAD: Long then Short on this pair
23 0 0
USDCAD, D Short
Long then Short on this pair

Although all the talk is another leg up of the US Dollar rally, against the CAD the rally may be short-lived. The five wave move from the high would suggest a zigzag correction which is what I have based my projections on.

TAJ249 TAJ249 GLEN, 240, Long ,
GLEN: Another leg up for Glencore. Jump on after retracement.
33 0 1
GLEN, 240 Long
Another leg up for Glencore. Jump on after retracement.

I believe that Glencore is in the process of a corrective move up with a little bit more to run. I am waiting to see if there is a retracement coming before perhaps jumping on for the ride.

TAJ249 TAJ249 USDSGD, D, Long ,
USDSGD: USD at beginning of larger wave 5 move up against SGD
33 0 1
USDSGD, D Long
USD at beginning of larger wave 5 move up against SGD

Wave count suggests that the USD may have finished wave 4 and beginning major wave 5 up. My analysis suggests that is at present in the 5th wave up of minor wave 1.

TAJ249 TAJ249 GBPNZD, 240, Short ,
GBPNZD: Pound to the ground
20 0 0
GBPNZD, 240 Short
Pound to the ground

Whether this is a zigzag correction or an impulse move down this analysis suggests that the pound will weaken against the NZD in the coming months. The reasoning is on the chart.

TAJ249 TAJ249 USDSGD, 60, Long ,
USDSGD: 5th wave for USDSGD?
16 0 0
USDSGD, 60 Long
5th wave for USDSGD?

Lots of ifs and maybes in this count but the USD may be in a 5th wave up against the SGD here.

TAJ249 TAJ249 USDGBP, M,
USDGBP: A different look at Pound Sterling
40 0 2
USDGBP, M
A different look at Pound Sterling

Looking at Cable from this way round it seems that the 1.30 level will be pretty critical and, whatever the long term direction of the pair, the Pound may be due some sort of rally or correction sooner rather than later. If it doesn't rally upwards from here (in my opinion it would probably be a wave 4 correction rather than a completed wave 5) then I expect the ...

TAJ249 TAJ249 DXY, D, Long ,
DXY: Long Dollar
33 0 0
DXY, D Long
Long Dollar

If May's low was the completion of wave 4 then we can expect another leg up in the Dollar index. The three targets presented would all suggest a mid channel completion for wave 5 of 3. As I expect Gold to run a little longer perhaps the Dollar will correct to test the channel again before shooting up for wave 3 of 5. Alternatively, wave 3 of 5 could have already ...

TAJ249 TAJ249 XAUUSD, 240, Long ,
XAUUSD: Gold - 5th of 5th wave?
55 0 0
XAUUSD, 240 Long
Gold - 5th of 5th wave?

The start of a new bull market or just the an A wave correction. Whichever, I believe that this may be the 5th wave in the 5th wave based on Elliot wave and some parallel channeling.. An end to good run for gold and the subsequent correction could coincide with another leg up in the USD.

TAJ249 TAJ249 USDSGD, W, Long ,
USDSGD: One more leg up?
34 0 1
USDSGD, W Long
One more leg up?

Parallel channels, Elliot Wave and time cycles might all suggest that the US dollar is due on more leg up against the SGD. I have chosen the 61.8% extension of waves 1-3 and a parity with wave 1 as possible target for the completion of wave 5.

TAJ249 TAJ249 GBPSGD, W, Short ,
GBPSGD: GBPSGD dark days for Sterling.
29 0 3
GBPSGD, W Short
GBPSGD dark days for Sterling.

I had initially thought that the end of wave 3 could in fact have been the end wave 5, but alas I appear to be wrong. GBPSGD seems intent on continuing downwards. I have picked the 50% extension of waves 1-3 as the likely endpoint just because it seems to fit the channel.

TAJ249 TAJ249 EURGBP, D,
EURGBP: EURGBP a little higher yet
90 1 3
EURGBP, D
EURGBP a little higher yet

Difficult to say how weak the Pound sterling may become in the coming months but it may at least be due a little respite soon.

TAJ249 TAJ249 GBPUSD, M,
GBPUSD: Pound bottoming?
85 2 3
GBPUSD, M
Pound bottoming?

Although fundamentals, experts and banks forecast the pound a lot lower from here my analysis at least suggests that the pound could be finding a bottom in the nearish future. Of course. my projected wave 5? could just as easily be the end of of wave 3 down.

TAJ249 TAJ249 SPX500, W,
SPX500: Alternative wave counts for SPX500
124 0 2
SPX500, W
Alternative wave counts for SPX500

Although I think it more likely to be a wave 4 correction leading to new highs and a further run up (bracketed in red), the blue count is another possibility that might suggest an almighty smash up is looming, If the completed wave was an extended wave 5 then look out below.

TAJ249 TAJ249 GBPUSD, D, Short ,
GBPUSD: GBPUSD continuation of downtrend wave C
95 0 1
GBPUSD, D Short
GBPUSD continuation of downtrend wave C

GBP possibly to continue downtrend. My count shows currently about to start wave 5 of sub-wave 3 with some possible targets for completion of wave 3 before a smallish correction for wave 4. Pound may have a long way to go down yet.

Last visit
107
1
463
Message Follow Following Unfollow
Last visit United Kingdom
7136
320
52205
Message Follow Following Unfollow
Last visit UK
444
14
1727
Message Follow Following Unfollow
Last visit WORLD
24825
893
143506
Message Follow Following Unfollow
Last visit
367
468
8344
Message Follow Following Unfollow
Last visit
8
0
25
Message Follow Following Unfollow
Last visit The Netherlands
461
32
2242
Message Follow Following Unfollow
Last visit
5
0
23
Message Follow Following Unfollow
Last visit
17
0
86
Message Follow Following Unfollow
Last visit
216
56
1777
Message Follow Following Unfollow
Last visit India
906
218
4086
Message Follow Following Unfollow
Last visit
2629
349
11679
Message Follow Following Unfollow
Last visit
15519
4148
135785
Message Follow Following Unfollow
Last visit Indonesia
31
98
917
Message Follow Following Unfollow
Last visit Maldives
3471
317
25860
Message Follow Following Unfollow
Last visit
1304
209
12233
Message Follow Following Unfollow
Last visit Russia
32208
880
219620
Message Follow Following Unfollow
Last visit Slovenia
2732
534
20159
Message Follow Following Unfollow
Last visit SWITZERLAND
15800
1101
107108
Message Follow Following Unfollow
Last visit UK
39
17
301
Message Follow Following Unfollow
Last visit
5023
1252
51595
Message Follow Following Unfollow
Online United Kingdom
12777
528
83261
Message Follow Following Unfollow
Last visit Singapore
1846
558
16105
Message Follow Following Unfollow
Last visit Buenos Aires, Argentina
6339
1420
65971
Message Follow Following Unfollow
Last visit United States
6178
5711
56294
Message Follow Following Unfollow
Last visit United Kingdom
2617
1405
25869
Message Follow Following Unfollow
Last visit USA, New York
811
445
10493
Message Follow Following Unfollow
Last visit FL
99
38
796
Message Follow Following Unfollow
Last visit
853
44
4289
Message Follow Following Unfollow
Last visit Plano, TX
1298
88
6174
Message Follow Following Unfollow
Last visit Netherlands
691
337
8711
Message Follow Following Unfollow
Last visit Danmark
95
64
877
Message Follow Following Unfollow
Last visit
107
168
587
Message Follow Following Unfollow
Online MY & SG
1165
785
10737
Message Follow Following Unfollow
Last visit
1449
1483
16589
Message Follow Following Unfollow
User has no following symbols
Market
Browse
Type
Browse
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out