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

[G550]

I think you've done quite well with your counts. Your wave 2 is a sharp deep retracement while wave 4 is not as deep a considerably more sideways which is typical. Also you have a triangle forming in wave 4 which is also typical.

As far as I can tell it looks pretty good. I certainly agree with further increases in the Yen ps. I'm going to keep my eye on eur/yen.

Nice work FxKos.
-G

Originally Posted by kosai.

Hi guys

Here's a count on the eurjpy 15 min count with the fib levels i used.

All critiscm more than welcome.

P.S. Let me know if I messed it up golhuntsleep lol !

Cheers.

FxKos

[golhuntsleep]

Well done Kosai...well thought out well planned...I went long this morning on the Euro Yen have an entry buy waiting for the Usd/Yen..... KosaiG550Bearo.......You guys are really doing great work counting using mathamatical projection to confirm you're views........

[ronnimar]

well done kosai took hfull pips
gol do u think w:4 has finally ended ?

[kosai.]

I've relabelled the chart to avoid confusion with the counts but not sure if I should be using "W" or roman numerals.... Price has broken past the first level for W5 it looks like another 5 wave structure up.

I've shown the confluence of the extensions for waves "W1" "1" on the chart as an orange target line which should mark the end of "3".

If anyone has another count or point of view please feel free to share.

Cheers.

FxKos

[G550]

Kosai just out of curiosity why do you focus on shorter time frames? I've noticed you have a liking to the 15m chart .

[Gomer]

First chart didn't work out well for me but maybe the second chart (entry will. I expect a big fall but I keep an open mind.

[Gomer]

Nevermind...I can't seem to upload a chart now.


Time to get back to drinking beer.

[kosai.]

In response to G

I don't actually trade EW atm I was just looking at a euroyen chart the count jumped out at me so I looked at the ratios which were good posted my view.

Golhuntsleep has really motivated me to studying it so I'll be picking up my Prechter book again.

Cheers.

FxKos