Hourly candle more bearish. Coming down to retest .2450

EURUSD

Algorithms kicking in from the Quants...

EURUSD

Lets see what the candlestick formation looks like at the top of the hour. Might give us a better clue.

EURUSD

Yeah, I like that better.

EURUSD

My .2490 typing error was a freudian slip.

EURUSD

Sorry I meant to type .2480

EURUSD

.2490 should be a good short IMO

EURUSD

We are just finishing up on this 7th wave E if we get more consolidation look for additional wave 8,9,10 and 11 (they will be very tight if it happens) Remember place trades on 3rd, 7th or 11th waves.

EURUSD

I believe that the Germans hands are tied at the moment. Lower Euro will help but it will take some time to digest. I believe we are eventually coming into a consolidation after one more leg down.

EURUSD

I agree...during slow hours I do a little scalping and it really helps with that type of trading.

EURUSD

They just changed the spreads a couple weeks ago just wondering what traders are thinking of them. I seem to be in the money a lot faster now with the lower spreads. Has increased my percentages.

EURUSD

Anyone use FXCM?

EURUSD

Looking for two more waves up to .2480ish, then short.

EURUSD

We have retraced 61.8% FIB on the DAILY AUD/USD we believe larger B wave has hit bottom look for a climb in the AUD/USD.

Elliott Wave - Day Trader

We are still looking a some slight elevation in the USD/CAD before we expect the drop.

Elliott Wave - Day Trader

We thought AUD/USD might need to extend it's larger wave C. We are looking at this closely and would like to see a,b,c waves down where larger A=C.

Elliott Wave - Day Trader

This is why you need to wait for the break for confirmation...a little bit higher still. Condensing nicely!

Elliott Wave - Day Trader

Waiting for a good break from the wedge.

Elliott Wave - Day Trader

Keep your eye on Aussie Long...

Elliott Wave - Day Trader

We believe also the USD/JPY is a running flat so PA should fall below 100.73 according to the charts. We believe that the Greenback needs to take a pause before continuing higher.

Elliott Wave - Day Trader