FCPO Outlook 30 October 2013

It seem that wave 3 has become extension wave (the longest).
Wave 2 is simple zig zag; so wave 4 will take alternate as flat pattern ? Not sure whether correct or not. I just read from the book.

Harmonic Pattern, - Since all the previous guessing of potential animal had been breach, at the moment, there is no obvious pattern appeared.

BULL shall continue until year end with some correction in the middle. Maybe...who knows?

FCPO Outlook 21-25 Oct 2013

I see the harmonic pattern probable setup on FCPO.
and I'm still learning to count EW correctly. yup. Still struggling.
For me, those 2 are forecasting technique. I'll still trigger a trade based on my preferred trading plan.

from Q & A with elliotician, we are in the wave of 12345.....not ABC; Primary trend is wave 4 (flat pattern 3-3-5)
Ok thats all.

Till then, happy trading

UPDATE 25/10/2013
It hit my target on upper side and blow away....
Will it happen like what i draw (shark pattern) previously? Let see....
Harmonic Pattern and EW (Forecasting Method); Triggering - my own method.

Testing Counting Elliot Wave

I just testing the basic knowledge of EW.
by the way, I'm not an elliotician.

saja saja test.

I'll start re-calculate Uptrend as 12345 if the downtrend 5 wave formation broken completely i.e the start of wave 1 broken.

The start (beginning) of wave 1 in downtrend has not broken since 2011.
I guess, it will happen sometimes in 2014 or faster....by end of November 2013.
-learning from books completely with some assistance from fizi and wafi.....

FX updates EOD 4/10/2013

Updates:

In daily chart - it is a waiting game.

Follow religiously your trading plan.

This system is based on trendline breakout + 1 custom indicator (combination of 2 basic indicators)

Trade is triggered when price break the trendline and indicator showing bearishness / bullishness.

AUD/USD ; GBP/USD; USD/CHF - showing new signal, but in weird move - GU and UC in tandeem - showing USD strengthening , however, different case with AU. Is AU move a fake one? We will see.