Short-Term.....Swing Trade (Set-Ups)

[marketwavez]

The Yen has now turned to this
Here is price action of today .....

----------------------------------------

[marketwavez]

Usd Yen

Now Here's a Wave- count ...............
( as you requested )

If you don't agree That's o.k.

-Just post your chart state your case !

Time will tell all ......

/////////////////////////////////////////////////////////

[ronnimar]

this is how the gbp/jpy looks to me.

[G550]

Ronnimar-

I like your GBPJPY chart. I'm expecting to see 250. I'd like to see a retrace so I can take a buy for the ride up to 250 level. I'm basing this expectation off a weekly chart where wave 5 will equal wave 1. That should come around the 250 mark.

Looks like GBPUSD is in a 3rd wave approaching 1.618 at around the 9910'ish (going memory off this could be a bit off). Nice chart on the pound o!

[ronnimar]

g550 can u post a chart ?

[marketwavez]

Gbp/Usd

2st Target is reached today !.......( then some )
////////////////////////////////////////////// /////////////////////

Buy Zone.............Long at 9790

Stop line ............9750 .........................Risk 40 pips

1st Target............9822.............. 2nd Target .............9870
--------------------------------------------------------
UPDATE ............TIME

////////////////////////////////////////////////////////////////////////////////
-----------------------------------------------------------------

............Gain of 80 points today .....

--------------------------------------------------------------------

NO HINDSITE NO OSCILLATORS NO NEWS & NO MEETINGS

-----------------------------------------------------------------
It's all in the chart's ...............

[G550]

Originally Posted by ronnimar

g550 can u post a chart ?

Hey Ronnimar-

I am currently at work I cannot post let alone create the appropriate chart. o had posted a chart a couple pages back which looks pretty clear.

I will see what I can do when I get home but that will not be for another 4 or 5 hours. Sorry.

[G550]

Here are a couple charts. GBPJPY on the weekly GBPUSD on the H4. The GBPUSD is a copy of o. I want to make it clear that I am not trying to take credit for it! I read his post did my own analysis traded with my own decisions. Thanks o for a great post!