This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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Sunday, November 28, 2010
AuDUsd : Trading the Head and shoulder
30 minute chart.
Unless prices trade through without correction and knife thru
0.9620
If not try to sell at higher prices. Considering the alternate corrective rule
if wave 2 and wave 4 alternate between complex and simple correction.
If Wave 2 is simple then wave 4 is complex.
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