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GBPJPY Discuss market action in the British Pound versus the Japanese Yen.

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Old 02-21-2008, 09:36 AM
VulcanClassic's Avatar
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Location: Cayman Islands
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Default Elliot Waves?

Hello,

Does anyone have a reliable method for finding elliot waves in the GBPJPY?

I find it difficult to spot them as this currency can be choppy.

Thanks
Jeff
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Old 02-22-2008, 12:52 PM
topchess's Avatar
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Default

Try dailyfx.com they provide elliott waves readings on crosses. They are good.
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Old 02-22-2008, 04:40 PM
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Default

Quote:
Originally Posted by VulcanClassic View Post
Hello,

Does anyone have a reliable method for finding elliot waves in the GBPJPY?

I find it difficult to spot them as this currency can be choppy.

Thanks
Jeff
Elliot Wave counts make my head spin. I have a colleague who uses them and when he gets going I have to fight against glazing over.
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Old 02-23-2008, 01:59 PM
VulcanClassic's Avatar
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I know what you mean, It's very subjective.
I prefer straight up candlesticks with Sup/Res and Fibs.

I think I'm going to leave this pair alone anyway until it breaks into a trend again, I've been grinding for about 3% a week. Very frustrating.
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