SHORT TERM TRADE SET-UPS FOR ALL !

Swing trading is actually one of the best trading styles for the beginning
trader to get his or her feet wet, and still offers significant profit potential
for the intermediate and advanced traders.

THIS THREAD IS BEING SET UP AS REFERENCE TO WHAT IS GOING ON
IN THE 6 MAJOR CURRENCY PAIRS UTILIZING ELLIOTT WAVES
AS A PRIMARY TRADING METHOD TO DETERMINE PROBABLE MARKET TURNS .

Usd/Chf , Usd/Cad , Usd/Yen ----- Eur/Usd , Gbp/Usd , Aud/Usd

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ALL ARE WELCOME.........JUST TRY TO POST A CHART WITH YOUR CALL !

1 Long-Term Chart

Gbp/Usd ...... (Daily Bars)

Here is a Longer- Term updated view of the GBP ......

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Attached Images

	GBP-08-23-2007-#1.gif (22.3 KB, 952 views)
	GBP-08-26-2007-#2.gif (19.3 KB, 851 views)

Elliott Waves trade set-ups for all .......
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-If you don't agree , that's Ok
just post your charts and state your case

No need to argue about who has the right Wave-count .

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TIME WILL THEN TELL ALL ............

Elliott Waves is not about who as the right wave-count !
- There no such thing ........All we have is Probability !

from there, it's about managing the Risk of the trade if and
when you decide to get into that specific trade set-up !

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Let us not loose sight of understanding this ........

We must learn to appreciate all wave counts ...............

HERE ARE LONGER TERM VIEWS

EUR/USD

Here are 2 Longer-Term charts


Here's a probability Longer Term -
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Attached Images

	EUR0-9-17-07-1.gif (21.8 KB, 916 views)
	EUR0-9-28-07-1.gif (18.8 KB, 914 views)

Trading Plan......... ( See Attachment Below )

Euro Usd ---

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This trade has a Risk of about 50 pips
Can You stand to loose 50 pips? and be able to live another day to trade again ? ....
-This is what the experienced trader is concerned with !

All the so called " Professionals " in here and out there are only concerned
about being right on the call ..............................................
Only fools are concerned with being right all the time !

Did you know :
There are people doing well at this being by right only 50% of the time .
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If you want to be successfull at this thing called trading.......
You should get scared every time someone tells you they
are a so called " Professional " . Be very afraid !
and run for the hills when any one talks to you about the news ....

IT'S ALL IN THE CHARTS .............
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- Only then will you begin to see a difference in your trading !

Don't waste your time with these .....

Concern yourself with Risk to Reward and what's called Position Sizing
and also learning sound Money Management skills ..............

Because in the end its all comes down to only this !

Trading is all your ability to analyze Risk and Protect your Assets !

This is more important to understand than any trade system or method
that you can think of to apply to the various markets ........

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Remember the Lessons of Money Management-
In which will ultimately keep you out of trouble especially
when you are wrong about a particular market turn !
Don't over - extend yourself...........
Don't over - leverage yourself............

( Read Attachment Below )

Attached Files

Trade set-up of the day 6-07-07(EurUsd).doc (145.0 KB, 63 views)

UPDATE TIME ,
Here we are now today :
Just look at how price has now blasted through the 50 % Retracement Line
Price action now moving toward an " End of Wave C" ,,,,,, Is It over now?

Attached Images

	YEN-12-13-2007-#1.gif (21.8 KB, 999 views)
	YEN-12-14-2007-#2.gif (22.0 KB, 991 views)

looking good

__________________
regards

Adrazz

For more information about this trading style ……( See links below )
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Trading Strategy Explained :
www.charts-explained.com
( Listen to this free video )
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Best Elliott Wave software for generating automatic trade-setups :
Click here

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Price Entry now triggered
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Price Entry........... 115.00 stop
Protective Stop .........114.65
Targets ........ See charts below

( Risk....35 pips )
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Only a Probability !................ Not Cast in Stone !...........
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TRADE AT YOUR OWN RISK…...................The Purpose of these charts is to point out significant
highs and lows based on Fibonacci Retracement Lines and Elliott Waves which are highly subjective.
This information is for Educational purposes and should not be considered trading recommendations.
All trading decisions are your own sole responsibility .

Attached Images

	YEN-9-28-07-01.gif (21.5 KB, 876 views)
	YEN-9-28-07-02.gif (27.1 KB, 873 views)