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Suggested Predictions
Ziibos (5)
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I'm an Elliotician Trader, the AUD/USD is following ALL of the rules for being in a Wave B of 2. Wave 1 lasted from April 2001 (0.4775) to July 2008 (0.9865). Wave 2 (correction/retracement) began July 2008 (0.9865). Wave A ended October 2008 (0.60). Wave B began from that point.
Predicitons: By end of June 2009, the currency will reach a bottom of 0.7400. Then by mid to late october 2009, the currency will follow a trending channel up to 0.8400 with a max of 0.8700. At this point it will spend from november 2009 to November 2010 in a Wave C (downward) reaching a Max bottom of 0.6800. Shape of Wave A, B, and C will form a Symmetrical Triangle. Wave A will be the longest, Wave B will be shorter, and Wave C will be still shorter. Wave C will be the shortest wave by price, but it will be the longest wave by time....so it will take the form of a downward trending channel. I have never lost a trade! :-)
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