Elliott Wave Conjecture

Market Predictions based on Elliott Wave Theory and Traditional Technical Analysis

Friday, March 12, 2010

GBP/USD Update

Here is an updated GBP/USD chart. I think the pair is forming an Ending Diagonal C wave to complete this correction. I got out of my short from 1.5075 at break even and will look to re-enter higher at around 1.5105.

Jared at 1:16 PM

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Jared: Brisbane, Queensland, Australia; I have been using Elliott Wave Theory for several years now and use it in combination with traditional technical analysis methods to assist me with my trading. My main focus is on currency analysis (FX) however I also analyze commodities and equity markets for their correlational importance. You can reach me on email at ewforex(at)gmail(dot)com.

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