Thursday, November 29, 2012

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

S&P500 Futures H4 Update + Trading Plan Idea

Rationale:
Buying into support  in anticipation of futher expansion of wave (c) or 3 to the upside.

Entry: Buy Limit 1407.
SL:1399
TP: 1421 min
R/R: 3:1


Take care,
Seb



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

Silver XAGUSD H4 Update + Trading Plan Idea

Rationale:
Still waiting for wave 5 to complete. Buying dips.

Entry: Buy Limit @ 33.65 (fibo Support)
SL: 33.40
TP: 33.90 min.


Take care,
Seb



Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/silver-xagusd-h4-update-trading-plan_29.html

Wednesday, November 28, 2012

EUR/JPY H1 Update + Trading Plan Idea

Rationale:

Impilsive wave 1 from yesterday low has not been finished yet so I'm buying the dips in anticipation of wave 5 to the upside. When the big wave 1 will be completed I will buy the dips on the Fibo Retacements  or Pivot Points again in anticipation of strong wave 3 to develop.

Entry:
Buy Limit @ 106.08
SL:105.97 ( below that line bullish count will be invalidated)
TP:106.55 min.

Take care,
Seb



Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurjpy-h1-update-trading-plan-idea.html

EUR/USD M30 Update + Trade Plan Idea

No impulsive wave following so called (a) wave indicates more downside risk instead of end of a wave 4.

Seb

EDIT: Orginal plan:
Chart Update: nice five waves movement in last wave down.

Rationale:
I'm looking for wave c to finish in 5 waves @ 1.2920 - 1.2905 ara and buy there a small amount in case this will not be the end of wave c.

Entry @ 1.2920, 1.2905, and 1.2890
SL:1.2885
TP: above 1.30000
R/R: average is min 2:1



Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-m30-update-trade-plan-idea.html

S&P500 Futures H4 Update

So far I got abc Flat Correction as a wave (b).

Seb


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

EUR/USD H1 Update

My buy limit order ha snot been activated.

Seb



Source | Elliott Wave NYSE And Forex Blog | http://elliottfxtrader.blogspot.com/2012/11/eurusd-h1-update_28.html