Forex Daily Podcast

Yesterday provided the reversal we were looking for. We waited until the 4th wave encroached upon the 2nd wave indicating that the down move was complete and jumped in for some handsome profits. Once this current move is complete we should get another reversal providing an impulsive move in the opposite direction. The currencies have already cleared our initial targets. But with the hourlies overbought on the EUR and the GBP we would like to see a bit of a correction here. The question again becomes does this finish our correction or do we have one more move up. I think we'll be patient for a final move up. However, we will jump in if it becomes obvious the move is finished. Our ideal target for the EUR is 1.2000. The EUR trades at 1.1940 Our ideal target for the GBP is 1.7600. The GBP trades at 1.7566 Our ideal target for the CHF is 1.3020. The CHF trades at 1.3075 The JPY either completed it's move down or also has one final push and trades at 116.10 The CAD trades at 1.1386 and looks to be correcting here, probably to about 1.1425. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Yesterday provided the reversal we were looking for. We waited until the 4th wave encroached upon the 2nd wave indicating that the down move was complete and jumped in for some handsome profits. Once this current move is complete we should get another reversal providing an impulsive move in the opposite direction. The currencies have already cleared our initial targets. But with the hourlies overbought on the EUR and the GBP we would like to see a bit of a correction here. The question again becomes does this finish our correction or do we have one more move up. I think we'll be patient for a final move up. However, we will jump in if it becomes obvious the move is finished. Our ideal target for the EUR is 1.2000. The EUR trades at 1.1940 Our ideal target for the GBP is 1.7600. The GBP trades at 1.7566 Our ideal target for the CHF is 1.3020. The CHF trades at 1.3075 The JPY either completed it's move down or also has one final push and trades at 116.10 The CAD trades at 1.1386 and looks to be correcting here, probably to about 1.1425. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Yesterday provided the reversal we were looking for. We waited until the 4th wave encroached upon the 2nd wave indicating that the down move was complete and jumped in for some handsome profits. Once this current move is complete we should get another reversal providing an impulsive move in the opposite direction. The currencies have already cleared our initial targets. But with the hourlies overbought on the EUR and the GBP we would like to see a bit of a correction here. The question again becomes does this finish our correction or do we have one more move up. I think we'll be patient for a final move up. However, we will jump in if it becomes obvious the move is finished. Our ideal target for the EUR is 1.2000. The EUR trades at 1.1940 Our ideal target for the GBP is 1.7600. The GBP trades at 1.7566 Our ideal target for the CHF is 1.3020. The CHF trades at 1.3075 The JPY either completed it's move down or also has one final push and trades at 116.10 The CAD trades at 1.1386 and looks to be correcting here, probably to about 1.1425. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Is this the reversal we've been waiting for? Right now it's a bit hard to tell. We we're expecting a final push yesterday that never materialized which makes the patterns had to read right now. we will be on the sidelines until it becomes clearer. Don't force a bad trade, rather wait for the next good one. Our targets for the EUR remain at 1.1915 and 1.2000. The EUR trades at 1.1872 Our targets for the GBP remain at 1.7490 and 1.7600. The GBP trades at 1.7469 Our targets for the CHF remain at 1.3100 and 1.3020. The CHF trades at 1.3188 The JPY trades at 116.35 The CAD trades at 1.1392 Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Is this the reversal we've been waiting for? Right now it's a bit hard to tell. We we're expecting a final push yesterday that never materialized which makes the patterns had to read right now. we will be on the sidelines until it becomes clearer. Don't force a bad trade, rather wait for the next good one. Our targets for the EUR remain at 1.1915 and 1.2000. The EUR trades at 1.1872 Our targets for the GBP remain at 1.7490 and 1.7600. The GBP trades at 1.7469 Our targets for the CHF remain at 1.3100 and 1.3020. The CHF trades at 1.3188 The JPY trades at 116.35 The CAD trades at 1.1392 Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

Is this the reversal we've been waiting for? Right now it's a bit hard to tell. We we're expecting a final push yesterday that never materialized which makes the patterns had to read right now. we will be on the sidelines until it becomes clearer. Don't force a bad trade, rather wait for the next good one. Our targets for the EUR remain at 1.1915 and 1.2000. The EUR trades at 1.1872 Our targets for the GBP remain at 1.7490 and 1.7600. The GBP trades at 1.7469 Our targets for the CHF remain at 1.3100 and 1.3020. The CHF trades at 1.3188 The JPY trades at 116.35 The CAD trades at 1.1392 Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The EUR, GBP, and CHF came in as ugly 3's on Friday. We started trading for a reversal, then decided to wait to see if the moves become 5 waves which they have. The currencies should have 1 final push this morning to finish the 5 wave moves towards a stronger USD. This leads us to believe 2 alternative scenarios. The first is the currencies are starting their next move and this completes wave 1. In this alternative we would expect a 3 wave corrective move towards a weaker USD. The 2nd scenario is we've just completed a smaller level flat, where we would expect a 5 wave corrective move towards a weaker USD. Therefore, we are fairly certain that we should have a trade towards a weaker USD once we see a final push this morning. Our targets for the EUR are 1.1915 and 1.2000. The EUR currently trades at 1.1841. Our targets for the GBP are 1.7490 and 1.7600. The GBP currently trades at 1.7389. Our targets for the CHF are 1.3100 and 1.3020. The CHF currently trades at 1.3207. The JPY started it's final push down overnight and then some. It travelled farther than we expected which gives it the potential for further downside. The JPY currently trades at 116.09. The USD/CAD currently trades at 1.1485. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The EUR, GBP, and CHF came in as ugly 3's on Friday. We started trading for a reversal, then decided to wait to see if the moves become 5 waves which they have. The currencies should have 1 final push this morning to finish the 5 wave moves towards a stronger USD. This leads us to believe 2 alternative scenarios. The first is the currencies are starting their next move and this completes wave 1. In this alternative we would expect a 3 wave corrective move towards a weaker USD. The 2nd scenario is we've just completed a smaller level flat, where we would expect a 5 wave corrective move towards a weaker USD. Therefore, we are fairly certain that we should have a trade towards a weaker USD once we see a final push this morning. Our targets for the EUR are 1.1915 and 1.2000. The EUR currently trades at 1.1841. Our targets for the GBP are 1.7490 and 1.7600. The GBP currently trades at 1.7389. Our targets for the CHF are 1.3100 and 1.3020. The CHF currently trades at 1.3207. The JPY started it's final push down overnight and then some. It travelled farther than we expected which gives it the potential for further downside. The JPY currently trades at 116.09. The USD/CAD currently trades at 1.1485. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The EUR, GBP, and CHF came in as ugly 3's on Friday. We started trading for a reversal, then decided to wait to see if the moves become 5 waves which they have. The currencies should have 1 final push this morning to finish the 5 wave moves towards a stronger USD. This leads us to believe 2 alternative scenarios. The first is the currencies are starting their next move and this completes wave 1. In this alternative we would expect a 3 wave corrective move towards a weaker USD. The 2nd scenario is we've just completed a smaller level flat, where we would expect a 5 wave corrective move towards a weaker USD. Therefore, we are fairly certain that we should have a trade towards a weaker USD once we see a final push this morning. Our targets for the EUR are 1.1915 and 1.2000. The EUR currently trades at 1.1841. Our targets for the GBP are 1.7490 and 1.7600. The GBP currently trades at 1.7389. Our targets for the CHF are 1.3100 and 1.3020. The CHF currently trades at 1.3207. The JPY started it's final push down overnight and then some. It travelled farther than we expected which gives it the potential for further downside. The JPY currently trades at 116.09. The USD/CAD currently trades at 1.1485. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The JPY dropped right down into our target last night which provided an excellent exit if you were in a trade and an entry in the opposite direction. We'd had a very good week this week on the Forex Daily Podcasts, we've hit nearly all the turns in the market. The EUR, GBP, and CHF came up a bit short as we were expecting 5 wave moves up and they only delivered 3 waves. Therefore, we are expecting 3 wave moves from yesterdays extremes and then a reversal. Therefore, we will likely see one more push before the reversals. The reversals should be 5 wave impulsive moves. The EUR currently trades at 1.1892. The GBP currently trades at 1.7487 The CHF currently trades at 1.3121. The JPY ran just below our 116.50 target and provided nice trades in each direction. The JPY may be correcting to the 117.00-117.20 level before one final push down, or it may run up from current levels. The JPY currently trades at 116.87. The USD/CAD currently trades at 1.1510. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The JPY dropped right down into our target last night which provided an excellent exit if you were in a trade and an entry in the opposite direction. We'd had a very good week this week on the Forex Daily Podcasts, we've hit nearly all the turns in the market. The EUR, GBP, and CHF came up a bit short as we were expecting 5 wave moves up and they only delivered 3 waves. Therefore, we are expecting 3 wave moves from yesterdays extremes and then a reversal. Therefore, we will likely see one more push before the reversals. The reversals should be 5 wave impulsive moves. The EUR currently trades at 1.1892. The GBP currently trades at 1.7487 The CHF currently trades at 1.3121. The JPY ran just below our 116.50 target and provided nice trades in each direction. The JPY may be correcting to the 117.00-117.20 level before one final push down, or it may run up from current levels. The JPY currently trades at 116.87. The USD/CAD currently trades at 1.1510. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The JPY dropped right down into our target last night which provided an excellent exit if you were in a trade and an entry in the opposite direction. We'd had a very good week this week on the Forex Daily Podcasts, we've hit nearly all the turns in the market. The EUR, GBP, and CHF came up a bit short as we were expecting 5 wave moves up and they only delivered 3 waves. Therefore, we are expecting 3 wave moves from yesterdays extremes and then a reversal. Therefore, we will likely see one more push before the reversals. The reversals should be 5 wave impulsive moves. The EUR currently trades at 1.1892. The GBP currently trades at 1.7487 The CHF currently trades at 1.3121. The JPY ran just below our 116.50 target and provided nice trades in each direction. The JPY may be correcting to the 117.00-117.20 level before one final push down, or it may run up from current levels. The JPY currently trades at 116.87. The USD/CAD currently trades at 1.1510. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The internet's first and most profitable podcast on the Foreign Currency Markets. Yesterday was another good day to be a Forex Daily Podcast listener. The currencies turned as we anticipated and are now fast approaching our targets. The currencies look like they need one more push up to complete this move, then they should reverse. So be on the lookout for signs of reversal. We are targeting 1.1985 on the EUR and it currently trades at 1.1955. We are targeting 1.7600 level on the GBP and it currently trades at 1.7536. The CHF hit our 1.3040 target and should run further down, it trades at 1.3047. The JPY is approaching our 116.50 target and currently trades at 117 The USD/CAD turned at the 1.1510 level as anticipated and trades at 1.1480. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The internet's first and most profitable podcast on the Foreign Currency Markets. Yesterday was another good day to be a Forex Daily Podcast listener. The currencies turned as we anticipated and are now fast approaching our targets. The currencies look like they need one more push up to complete this move, then they should reverse. So be on the lookout for signs of reversal. We are targeting 1.1985 on the EUR and it currently trades at 1.1955. We are targeting 1.7600 level on the GBP and it currently trades at 1.7536. The CHF hit our 1.3040 target and should run further down, it trades at 1.3047. The JPY is approaching our 116.50 target and currently trades at 117 The USD/CAD turned at the 1.1510 level as anticipated and trades at 1.1480. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading

The internet's first and most profitable podcast on the Foreign Currency Markets. Yesterday was another good day to be a Forex Daily Podcast listener. The currencies turned as we anticipated and are now fast approaching our targets. The currencies look like they need one more push up to complete this move, then they should reverse. So be on the lookout for signs of reversal. We are targeting 1.1985 on the EUR and it currently trades at 1.1955. We are targeting 1.7600 level on the GBP and it currently trades at 1.7536. The CHF hit our 1.3040 target and should run further down, it trades at 1.3047. The JPY is approaching our 116.50 target and currently trades at 117 The USD/CAD turned at the 1.1510 level as anticipated and trades at 1.1480. Forex Currency trading is very risky, please read the disclaimer on our web site. Visit us on the web at www.elliottexchange.com or at forex.podomatic.com. Good Luck and Good Trading