Saturday, July 9, 2011


Our Trailing Stop Loss has been hit. As shown above, Euro has probaly completed wave ii. Now is the most exciting part that most elliot wave trader has been waiting for, wave iii.

If all the current wave count is valid, we can take advantage and ride the 3rd wave of the smaller degree.




TRADING PLAN : Place Limit Order to short Euro above 1.4300 area. Place Stop Loss for 200pips. 1st Take Profits level is suggested at Fibo Expansion at 61.8. Same as our previous strategy, use Trailing Stop Loss! Take Profits level will be updated after we are very clear with the price direction


*Beware, our prediction is not guaranteed to be accurate. Always control your risk and don't be greedy.


THESE SIGNALS/ ANALYSIS ARE PURE FROM OUR TEAM. PLEASE APPRECIATE OUR HARD WORK AND DON'T BE A COPYCAT.


To Our Success,

Elite Bisnes Team