Wed, Feb 08, 2023 @ 17:56 GMT
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Elliott Wave Trade Ideas Performance Update

The long position entered in AUD/USD earlier at 0.7645 was stopped at 0.7605 and the pair has continued heading south throughout last week, we then ventured long again at 0.7525 in anticipation of a possible rebound and the position is still holding at the moment.

We entered another long position in USD/CAD at 1.3375 but in view of the retreat occurred late last week, we exited the position around break-even.

In short, 3 positions were entered with total loss of 40 points and the positions are listed below.

22 Mar : AUD/USD – Long at 0.7645, exited at 0.7605 (- 40 points)
  7 Apr : AUD/USD – Long at 0.7525,
  7 Apr : USD/CAD – Long at 1.3375, exited at 1.3375 ( 0 point)

|                 AUD        EUR/JPY          EUR/GBP          CAD
Jan             – 15             -275                – 35            -120
Feb           + 140            -17                  – 40             +11
Mar            – 20            +115                +132           – 19
Apr                  
May          
Jun           
Jul            
Aug          
Sep              
Oct           
Nov         
Dec                                                                                                                                               
Y-T-D        + 105           – 177               + 57            + 38

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