Hi All, Since the last post, we've seen EUR surge to make a new high and I've adjusted the count to reflect this. I am now looking for a short entry to a) close the gap from the top which closed it around the 0.618% mark b) make a corrective structure as there have been a clear 5 wave impulsive up. Key levels to look out for now is 1.0975, 1.09150, 1.0850 and...
Hi All, Most people have been posting the same count and I am no different as I am I have a wave C now in play to close the gap before moving up for a BIG Long. Please see the updated count. Cheers Don
Hi All, Interesting moves this week and based on the count, I think Looney is looking like it is about to fall and start wave 3. Please see my count update below. Count update: Big picture: From the screenshot below, I have been tracking the final wave 5 of wave C of an ending diagonal which has hit a key fib level where wave A = C at 100%. This is followed...
Hi All, Great to finally see EUR make some moves over the past couple of weeks and great to see Macron win as the world doesn't need more 'Trump like' people in office - (Thats just my opinion) Anyways, the count I had in my previous post is on track but the 5th wave extended further than anticipated but that just means extra pips were made. Now the impulsive...
Great Pip gains last week and have closed my shorts and looking at a long opportunity as I don't think the CAD is quite ready for the big drop as EUR and the DXY still has gaps to close so there is some strength in the USD in my counts. Overall, the count for wave C is showing that there are some upward momentum as per below's count summary Wave 1: Impulse...
Hi All, This pair has been very frustrating of late and from what I have seen, it is a bit of a rouge pair as it doesn't follow the DXY basket movements even though it accounts for 9.1% of it's movements. With that in mind, CAD must be the corrective pair in the DXY as it does the opposite to EUR and CHF which explains the rouge / corrective nature that the...
Hi All, The Looney is really being a Looney over the last couple as it is massively rallying despite massive MASSIVE divergencies. I have this count as follows. Wave 1: Standard impulse Wave 2: ZZ retraced 61.8% Wave 3: Extended to 2.618% Wave 4: Flat retraced 23.6% wave 5: Looney high marked with the blue line. As you can see, there are 5 key high's that...
Hi All, We've seen some nice moves from EUR over the last few days giving support that EUR BULL's are definitely in play. However, looking at the updated count, a retracement is due after an impulse which plays out nicely with a gap due to close. Updated count: Count update (Big Picture): Wave 1: From the bottom, a leading diagonal impulse. Wave 2: ...
Hi All, A lot of anxious and undecided trading in the market towards the end of last week which is expected pre elections. However, the predictions/counts I have posted on here has been bang on and I anticipate this to continue with a surge by EUR Here's a quick recap of my wave count from the running flat I posted. Starting from the low of wave C of a...
Hi All, I've been looking at EUR, DXY, Cable, and Swissy for a while now and my counts are all pointing to USD falling. (Please review my previous posting) - This also tells me that the looney will be falling as well. Revised count: Wave 1 - From the top labelled as (c), A clear 5 wave impulse down Wave 2 - Flat correction Wave sub 1 of 3 - from the...
Big Picture: USD Index look like it is ready to fall based on the fib and the wave pattern. The only question i'd like to know is 'is it ready?' Wave breakdown: 1. From the top, there is a clear and clean 5 wave impulse down. 2. From the bottom, I have marked out a fairly clear corrective Flat (5-3-5) wave structure. 3. Of the corrective ZZ, A vs C ratio...
Hi All, I'm working through all the USD pairs and I have also spotted yet another fall from USD similar to a post I shared with DXY and EUR/USD. I have 2 counts in my head with this being my primary: 1. 5 wave Impulse down from the top for a wave 1 or A 2. Corrective wave 2 or B which has a ZZ shape but with an ending diagonal wave C 3. Of the C wave, wave 4...
Hi All, This update is going to be short and sweet. I've tracked 2 X triangles with this pair and now trying to find an entries. 1) On a larger timeframe, a triangle in wave 4 if a bigger impulse with wave E of the triangle complete - please see below 2) Of the wave E of the bigger triangle, I have also seen yet another triangle in wave 4 of C of the bigger...
Hi All, I think the end is near for this pair as USD rallied despite the massively low employment figures. I seems like the remaining USD buyers are closing their orders which has creating an even bigger divergency across the board so a rally from EUR should happen imminently. Here's a quick recap of my wave count of the final wave C which looks...
Hi All, As forecasted, I was expecting a final USD fight back for the next few weeks and it has definitely started turning with a sharp fall which I have labelled as wave C. Below is a quick update of my count and summary of what I am expecting this pair to do over the coming weeks. Forecast : Starting from the low at 1.03411 Wave 1: Leading Diagonal...
Hi All, Cable is looking very very interesting for the next few weeks as I have seen a triangle complete; similar to EUR-USD triangle breakout we saw with Trump Presidential win last November. In addition, the timing with Theresa May triggering article 50 UK to leave the EU on the 29th March is impeccable as I anticipate this could be the news that pushes Cable...
Hi All, Interesting week so far with USD finally showing weakness as I have been predicting. I am expecting a final USD fighting back for the next few weeks as summarised below. Forecast for next week: Starting from the low at 1.03411 Wave 1 : Leading Diagonal impulse move to the upside Wave 2: This move is still unfinished but wave A and B looks...
Hi All, The market has been in a pivotal place since the US elections last November but how long will this decline last for... or is it all over? I wanted to highlight some key facts that I have spotted supporting that EURUSD is on the way up and Not going to fall below 1:1 mark as lot of people are expecting. KEY FACTS: 1: 9 year Flat correction looks...