Color Scheme of the Charts to Differentiate the Various Wave Degrees is:
{ Supercycle / Cycle / Primary / Intermediate / Minor }
{By clicking on any chart, it will enlarge for ease of viewing. Commentary at the top of each chart is more easily read, also.}

Monday, November 21, 2011

CHFJPY (urgent)

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1 comment:

John A. Shalvey said...

Initial stop has not be hit. A new interpretation of the data has been posted on 11/25/2011. If you can afford to hold the current position with the new lower stop loss, then do so. Otherwise, exit the current position for a small loss (perhaps use a modest trailing stop just in case this thing takes off to the upside) and prepare to reenter at a more favorable price after the 5th wave down finishes.

November 25, 2011 at 7:53 PM

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