SteveNixon
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Nice short setting up

FX:USDJPY   美元 / 日圓
334 5 23
The last chart I posted on this pair I was looking for a long trade but price wasn't finished correcting. It now looks like we'll get another trade down to the channel bottom. Once there we'll be looking for a long trade with the possibility of a channel breakout.

I'll update my analysis as price develops so remember to follow to receive them. You can also follow updates via twitter (link from my TV profile)

Always wait for an entry set up before risking your money.

This is not investment advice - it is purely for educational and discussion purposes.
Your Ideas, comments and questions welcome

Good luck Steve
評論: I'm looking for a short trade once this correction line is broken
i use your method . i use Elliott wave method too but i m still beginner and need to learn a lot
just u short break of this correction that is going to done a bit later or may be Monday or you wait for divergence for big correction on wave 2?
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@mehdisdt, We have to wait to see if the breakout is simply correcting or is going to retreat back and go long. Wait for price to break down from here - if it does then we have a high probability short trade. Hope this helps
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mehdisdt SteveNixon
@SteveNixon, got it ty
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nice idea .
i should go for it .
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@mehdisdt, Wait to see if it breaks short - the correction may not be over yet
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