My Forex Prediction using Advanced GET - page 91
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Trading Wave 3 with GET
There has not been any changes in the Wave 3 patterns.
The only 2 currency pairs which display Wave 3 are EURUSD (Wave 3 Down) and USDCHF (Wave 3 Up).
Maybe because of the coming Xmas season, there does not seem to be much push in these 2 pairs, and they seem to be staying put where they are.
No GET charts are attached, as they are the same as yesterday.
Joe
EURUSD & USDCHF - Hit the Nail
There has not been any changes in the Wave 3 patterns.
The only 2 currency pairs which display Wave 3 are EURUSD (Wave 3 Down) and USDCHF (Wave 3 Up).
Maybe because of the coming Xmas season, there does not seem to be much push in these 2 pairs, and they seem to be staying put where they are.
No GET charts are attached, as they are the same as yesterday.
JoeI am glad that these 2 pairs are moving as per their Wave 3 patterns - with EURUSD dropping 94 pips from the Opening and USDCHF rising 68 pips from its Opening.
At least for those reader users of GET who follow these 2 patterns would have hit their day trading TP of 40-60 pips.
Good Trading
Joe
Wave 3 Trends to continue for EURUSD and USDCHF
From the GET charts for EURUSD and USDCHF, their Wave 3 trends will continue with EURUSD - Wave 3 Down and USDCHF - Wave 3 Up.
Their PIVOTS for Wave 3 have NOT completed yet, so we can expect continuation of their existing trend.
Attached is a doc file showing their PIVOT charts. No wave patterns are shown as these have previously been attaached.
Good Trading
Joe
From the GET charts for EURUSD and USDCHF, their Wave 3 trends will continue with EURUSD - Wave 3 Down and USDCHF - Wave 3 Up.
Their PIVOTS for Wave 3 have NOT completed yet, so we can expect continuation of their existing trend.
Attached is a doc file showing their PIVOT charts. No wave patterns are shown as these have previously been attaached.
Good Trading
JoeAt tihis point, EurUsd target have been encountered as several fibonacci ratios have been hit, i would expect some consolidation. Also a perfect ab=cd bullish Gartley also showing on EURGBP. I would wait for a bounce up before selling.
Well done on eurusd. This trend is strong, and it did just breakout a monthly support.. I was wrong in my previous statement. Funny that gold doesn't seem to want to bend down.
Trading Wave 3 with GET - EURUSD and USDCHF
Today, of the 8 currency pairs I am monitoring, these 2 pairs still display Wave 3 patterns.
There is however a change in the wave structure of USDCHF which is now having a Wave 3 UP pattern in all of GET's 4 alternate wave counts ie Original, Aggressive, Short Term and Long Term settings.
Attached is the doc file showing these 2 pairs together with their PIVOT charts.
At the time of posting, EURUSD has gone down by 61 pips and USDCHF has gone up by 39 pips.
Meanwhile I have SHORT EURUSD and making a gain of 40 pips. My Order Size is 0.5 lot.
Good Trading
Joe
MyTrade on EURUSD - Dec 17, 2009 (Wave 3 Down)
Thanks, GY. This is my first winner since I started posting in this thread, using GET with all their alternate wave counts and Pivot charts.
I have only the courage and the funds to trade one currency pair only, and I like to thank Kenneth for sharing with us reader users of GET his techniques in using this software. I do not expect 100% accuracy but if I can make it 60% of the time with a R/R of 2x I shall be very happy indeed.
At GMT 03:14 I sold at 1.4514 and bought back at Gmt 04:02 at 1.4467 making a gain of 47 pips on 0.5 lot.
Attached are details of my trade.
Joe
No Changes in EURUSD and USDCHF Wave 3 charts
Both the EURUSD and USDCHF have the same chart patterns as yesterday with the EURUSD showing a Wave 3 DOWN and USDCHF showing a Wave 3 UP.
At time of posting, the EURUSD seems to be consolidating whilst USDCHF is moving down (by 47 pips) retracing from its yesterday's rise.
I would not want to trade under such conditions.
There is however one currency pair GPBUSD which is now displaying a Wave 3 Down in 3 alternate wave counts ie Original, Aggressive and Short Term settings BUT unfortunately its PIVOTS are pointing contrary to one another, making the situation UNCLEAR.
Where there is UNCLEAR patterns, better to stay away.
No attachment of charts today.
Joe