AUD/USD H4 Update

Trend line test from the upside and three waves down suggest more strenght comming if trend line not broken through.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update_4141.html

AUD/USD H4 Update

So far, so good.
Buy the dips on the way to 1.0500 trend line test, median line test and supply-turned-to-demand area test.

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update_13.html

AUD/USD H4 Update

So far, so good.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update_12.html

AUD/USD Daily Update

Supply area need to be broken before any futher advance in this pair.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-daily-update.html

AUD/USD H4 Update

Finally some impulsive action!

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update_11.html

AUD/USD H4,D1&Weekly Update

IS THIS IT?

First supply area breakout will give the answer.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4d1-update.html

AUD/USD H4 Update

Still waiting for wave C to the downside.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update_5.html

AUD/USD H4 Update + TPI

Rationale:

Still expecting wave C to the downside to develop as per count.
New high voids the count.

Entry:
Sell Market @ 1.0470
SL: 1.0491
TP: 1.0390

R/R: 10:1

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update-tpi_5.html

AUD/USD H4 Update + TPI

Rationale:
Selling wave B in anticipation of wave C to the downside to complete the cycle.

Entry:
Sell Limit @ 1.0455
SL: Above green trend line.
TP: Below wave A low.

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update-tpi.html

AUD/USD H4 Update

Alternative impulsive count invalidated.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4-update.html

AUD/USD H4,Daily&Weekly Update + TPI

Rationale:

On Weekly chart I present Bullish option for more upside progression in this pair as wave (e) might be finished after ABC Irregular Flat Correction.

The sdame count is one of Daily Chart for Bulls and Bears. Please Bear in mind I still have a daily chart with Bullish opition in it.

On H4 chart we are missing one more wave to the upside (purple count) after this rather deelp pullback in wave 4. This bullish option for a niw high is still in play because wave 4 did not overlapse wave 1 yet. Nevertheless, lack of impulsive progression to the upside will sooner then later void the count. If it is so, then selling into 61%FiboRet would be possible as we can assume that  wave (d) has topped @ 1.0490 in three ABC waves where wave C is in three waves as well (or my count is wrong).

In anticipation of wave (e) to bottom at typical for a triangle 61%Ret we can set buy limit orders into orange rectangle area of 1.0286 - 1.0280 with a tight stop. This set-up provides the gratest R/R ratio.

Take care,

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/12/audusd-h4daily-update-tpi.html

AUD/USD H4 Update

Just noticed that wave (d) might have finished in only three waves:red ABC where wave C is in three waves as well. If it is so, we now should see somehow more evident bearish pressure to the downside. but so far 50% and 61% provide the support so I will stick with the orginal count idea: wave (d), wave C have not finished the move to the upside just yet.

From this point of view any move below Fibo support makes Bullish development less probable.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_30.html

AUD/USD H4 Update

Buy Limit order has been activated into this Fibo Ret.
Stop is just below wave 4.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_29.html

AUD/USD H4 Update + Trading Plan Idea

Rationale:
Still expecting final push to the upside as a wave 5.

Entry:
Buy Limit @ 1.0455 (23%FiboRet)
SL:20pips
TP: 1.0500 min.
R/R: 2:1

Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update-trading-plan-idea.html

AUD/USD H4 Update

My Buy Limit order has been missed by 1 pip.


Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_28.html

AUD/USD H4 Update + Trade Plan Idea

Rationale:
Wave 5 has not yet been finished. Looking to buy into dips of wave 4, as close as possible to Weekly Pivot, 50% and 61% Fibo Ret and former support level.

Entry @ 1.0425 and 1.0404
TP: 1.0500
SL: 1.0399
R/R: about 3:1


Take care,
Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update-trade-plan-idea.html

AUD/USD H4 Update

Alternative count in play due to the red line have been broken through.

Looking for longs.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_27.html

AUD/USD H4 Update

Bullish option still in play.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_24.html

AUD/USD Daily Time Analysys

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-daily-time-analysys.html

AUD/USD H4 Update

Still a possibility of an impulsive wave 5 to the upside.

Seb

Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/audusd-h4-update_22.html