GBP/JPY Elliot Wave Count Update 12/3/201 4:00PM
Update of my earlier chart. We've tested the 38.2% retracement of the impulse three times and were unable to close above it on an hourly chart. The last test was rejected strongly and we are now sitting in a range between the 38.2%'s (bold lines).
I'm looking for a (b) wave to be put in and then more upside as...
AUD/USD Elliot Wave 1 minute 12/1/2011 802AM
Quick count from early this AM - if this is an 5-3-5 correction more downside, look to retrace
some more of the move from yesterday...if not we're entering (iii) of 3 and should be off to
the races. I think the first scenario is more likely, but it is 45 degrees in my house and I may not
be thinking clearly...i...
AUD/USD Elliot Wave Count 11/30/2011 4:13PM - Hourly Updated
We've blown through the initial targets I was calling for at 1.0 in the AUD/USD and it appears we have
completed another 3 wave move. That makes 2, 3 way moves from the low in early October. I expect
a pullback before more upside. We've completed an initial 5 waves up and after a run like we've had...