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Watch the AUD_USD hourly chart. If this pair makes a new low then that will be a 5 wave move down from an Elliott Wave perspective. This will mean that on the next larger scale then we should see an ABC correction to the upside and then a very large move to the downside. If this pair can't...

Thanks for the forecasts. I could not agree more with them. Take Care, JahDave

Sorry for the long delay for a post but here is My Aussie update. This will go up to the 1.04 or 1.0450 and then it will go down for a large move. I am attaching my daily chart.

I will say that I shorted the AUD_USD on Thursday night because this should be a pretty large reversal. If this goes up to 1.2115then I am wrong. Going along the lines of my title, Elliott Wave Simple, then you should notice that the last move down was sharp and the move up is gradual and much...

The only answer I can give to you is that Fibonocci time is available, but I have found it to be not that reliable...................

Here is my short or medium term Aussie update, depending on how you trade...................According to all of the things that I track, then the Aussie is going down soon..........It looks like we have just completed an Elliott Wave A,B,C corrective pattern.............This means that this pair...

The wave patterns are confirming my wave counts..........This means very short term USD weakness................Medium and long term USD strength...................I hope you all can understand this.............If you cannot then message me and I will explain it to you. Good Trading Everyone...

Re: CAD/CHF S&R's 2010 decade Just bring it on brother Paul.........Either here or on my personal email..You know by now that I am like a sponge and that I soak up anything that I see and process it................ Jahdave

I am talking about the USD_AUD..................I am looking for this pair to pull back to .9915 and then make a new high between 1.0400 and 1.0500..............After the move up then I think this pair will go down for a while.............to probably the .9250............. Good trading...

Well, I was wrong in looking for a wave 4 and then a wave five on a smaller scale before looking for a larger scale wave 2. We are in the larger scale wave 2 right now...................I don't know when this will be over exactly, but I do know that we will not see any new highs from...

Re: Web design sydney, web design melbourne This is what I have said all along about Elliott Wave Theory............It is very good as a long term indicator, but it is not good as a trading system............... I know that the DOW has to go below the 6500 level to meet the requirements of...

I will post up a few Euro charts here. I have the Euro charted in a multi-year leading diagonal to the downside. I think the Euro will be going up for the next week or so and then have one more drop to about 1.30 or a little lower. After that the next move I think will be up to the 1.4500 area.

That is actually exactly how it works.

I start with the monthly time frame and work down to the 5 minute chart. So my progression is month, week, day, 3 hour, 1 hour and 5 minute. I actually don't know for certain when a wave count is complete until an Elliott Wave rule has been violated. It is impossible for anyone to know with...

The five waves labeled on the chart are not the waves I am referring to on the post. Sorry for the confusion. I am referring to wave 4 on the next larger scale. The five waves I have labeled on the chart comprise a wave 3 on the next larger scale and this demonstrates that I believe that wave...

Here is an Aussie update. I believe that the AUD_USD is in wave 4 and should head up to the .99 area before the wave 5 drop. I am not in long yet but will get long on this pair very soon for hopefully about 200 pips. I think the chart will say it all, but if you have any questions then please...

Things look more clear now after checking my charts..............The GBP_USD is in a triangle............Look at the daily chart I am posting.............It will go up here soon before making a nice move down............

My thoughts on your chart is I don't know why the GBP would be stronger than the Aussie right now, but it is apparently...............and it will go up to your trendline before going down hard.............I will check my USD_GBP charts and post a follow-up......

By the way this is a longer term chart. I do believe that on the 1 hour chart this pair could go up to 1.0550. I am watching this level before I take a short.

Hi Paul, Thanks for the kind words. I hope this thread will benefit some good people.