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Elliott Wave Trade Ideas Performance Update

Although aussie did rebound after finding support at 0.7473 (we entered a long position earlier at 0.7525), the pair met resistance at 0.7611 and has retreated, the position was then exited at 0.7555 with small profit.

A short position was entered in USD/CAD at 1.3320, however, as the greenback found decent demand at 1.3262 yesterday and staged a strong rebound, we exited the position at 1.3360.

No position was entered among other currency pairs.

In short, 2 positions were entered with total loss of 10 points and the positions are listed below.

  7 Apr : AUD/USD – Long at 0.7525, exited at 0.7555 (+ 30 points)
18 Apr : USD/CAD – Short at 1.3320, exited at 1.3360 (- 40 points)

 

|                 AUD        EUR/JPY            EUR/GBP         CAD
Jan             – 15             -275                – 35            -120
Feb           + 140            -17                  – 40             +11
Mar            – 20            +115                +132           – 19
Apr             + 30                                                    – 40
May          
Jun           
Jul            
Aug          
Sep              
Oct           
Nov         
Dec                                                                                                                                               
Y-T-D        + 135           – 177               + 57             – 2

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