Hi Folks,
Just a quick update. My entry for EURJPY and GBPJPY were trigged last night, and I'm also expecting Equities which usually have a positive correlation with the two pairs to be dropping.
I'm experimenting with the SP500 Index (currently triggered short too) for now and seeing how it goes. First experiment using EW on an Index.
Here are some articles by DailyFX which supports my trade direction.
Yen Crosses: Tops in Place?
DOW Warning: Risk of Sharp Decline Increased
Good luck with your trades!
Technical Analysis of the Forex Spot Markets using Elliott Waves, Chart Patterns, Candlesticks and other tools. Disclaimer: None of the comments in this blog shall be construed as professional trading or investment advice.
