Fran's GAZETY

[francisrama]

Fran, I love your Elliot wave analyses! I have been trying to learn Elliot wave myself, because when I get it right, it is like a signpost to the markets. When used with AIMS, it is extremely powerful.

I wonder if you could share with us your source of Elliot wave knowledge? Can you recommend a book or a website? I have studied a few different resources (mostly stuff by Robert Prechter). Can you recommend any others?

Thanks!

Awesome trading by the way!

Thx so much Kris!
I started learning EW on my own, then seeked some help...The best resource for me is a video done by a guy named Sid (to be clear I don't know him, have no connection at all with them...) "Sid's Elliott Wave" (priced $7.50). It's been "upgraded" now; with incredible explanation of how to use MACD, and has been renamed to "Early detection of trend change..." (priced @12.50). Along with AIMS videos, this one is one of the best I've ever studied!!! It's here ---> http://elliottwavepredictions.com

KR

[francisrama]

Feb 5, missed GU SHORT trade...

- I was on GU to SHORT it. Price moved down "too early", due to GBP bad news...Well as Immy used to say "next time..."
- Chart below

GU.png

- Two possible trades "soon", AU and / or UJ
- Charts below

AU.png

UJ.png

KR

[francisrama]

Feb 5, ADD to my EU SHORT TRADE

- Very bad news for USD = "ADP non farm employment change" really ugly...
- EU spiked, then made a wonderful FRUIT
---> ADD to my SHORT TRADE
- Chart below

EU H1.png

KR

[francisrama]

Feb 5, UCHF Ripe for a LONG Trade

- UCHF is ready to move up into wave 3
- I did not take it since UCHF is very correlated to EU
- Chart below

Capture d’écran 2014-02-05 à 15.58.15.png

KR

[KrisL]

Thanks Fran! Much appreciated. I will check these out today.

Cheers
Kris

[francisrama]

Jan 6, EU trades stopped out...but managed to capture EU spike

- "Thx to M.Draghi's speech", EU trades stopped out with 40PIPS loss
- BUT thx to IMMY (his news trading system), managed to capture EU spike for 60PIPS...
- Chart below...

Capture d’écran 2014-02-06 à 15.23.05.png

- Still believe that EU will drop at some point...so looking for a good SHORT entry "again" ...Chart below

Capture d’écran 2014-02-06 à 15.43.44.png

KR

[francisrama]

Feb 7, UCAD trade

- Lucky enough to capture wave C of UCAD, right upon NFP announcement...
- Chart below

Capture d’écran 2014-02-07 à 15.21.09.png

- Have a wonderful WE all!!!

KR

[francisrama]

Feb 10, SHORT GU

- GU seems to be ready to move into wave 5:
> Price is already in wave 4 target zone
> Strong reversal candle pattern
> EW change of momentum (from UP to DOWN)

---> Drop down to M15, find a good AIMS entry, SHORT GU

H1 and M15 charts below

Capture d’écran 2014-02-10 à 10.38.36.png

Capture d’écran 2014-02-10 à 10.39.29.png

KR

[francisrama]

Feb 12, SHORT EU. plan to LONG UCAD

- Price in wave C target zone
- Double FRUIT
- EW pointing SOUTH
---> drop down to M15 for a good AIMS entry set-up
---> SHORT EU upon BO of current BOX
- H1 and M15 charts below

Capture d’écran 2014-02-12 à 19.13.28.png

Capture d’écran 2014-02-12 à 19.12.00.png

What's next ---> plan to LONG UCAD "shortly"...H4 chart below ---> expect price to move into wave 3

Capture d’écran 2014-02-12 à 19.25.05.png

KR

[francisrama]

Feb 13, EXIT EU trade with quite good profits + LONG UCAD

1/ EU trade
- Exit EU SHORT trade with quite good profit
- Price is now in wave 2 (dark turquoise) correction
---> Await end of correction, then plan to SHORT EU once more...
- Chart below

Capture d’écran 2014-02-13 à 07.13.52.png

2/ UCAD trade
- LONG UCAD
- H1 and M15 charts below

Capture d’écran 2014-02-13 à 07.21.03.png

Capture d’écran 2014-02-13 à 07.21.19.png

KR