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<?xml-stylesheet href="http://xml.fxstreet.com/styles/rss2.xsl" type="text/xsl" media="screen"?><?xml-stylesheet href="http://xml.fxstreet.com/styles/itemcontent.css" type="text/css" media="screen"?><rss version="2.0" xml:base="C:/FXstreet/Sites/English/Web/technical/forex-strategy/daily-majors-technical-analysis/index.xml"><channel><title>Daily Majors Technical Analysis</title><description /><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/</link><image><title>Technical Analysis</title><link>http://www.fxstreet.com/technical/</link><url>http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif</url></image><ttl>7</ttl><item><title>NZD/USD Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-07-01.v02.html</link><description>Hello. Our analysis brought up the NZD/USD Hourly chart. As you can see, we're looking at a completed 2nd wave of a Zig Zag (ZZ) and we're starting the 3rd wave down. The invalidation point is where we have placed the completion of the "C" wave. If it goes above that point, then it will invalidate this forecast. If the pair heads down and breaks the "B" wave, then look for a continued move downward. We are also proud to announce that we will start our blog with FX Street very shortly. I know</description><pubDate>Tue, 01 Jul 2008 05:34:20 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-07-01.v02.html</guid></item><item><title>EUR/GBP Trade Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-26.html</link><description>Hello. Our analysis brought up the EUR/GBP on a shorter term trade. As you can see from the screen capture, we have a bullish sentiment. The invalidation point is marked by the black line - meaning if the currency goes below this point, it will invalidate this forecast. Good luck. We are also proud to announce that we will start a blog with FX Street soon. We will use the blog to help explain and breakdown our analysis and both fundamental and technical analysis.</description><pubDate>Thu, 26 Jun 2008 09:01:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-26.html</guid></item><item><title>USD/ZAR Trade Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-20.html</link><description>Hello. The scan of our charts brought us to a USD/ZAR analysis. Although not as widely followed as other pairs, the USD/ZAR can be very profitable. We just saw a good move up and am looking at a retracement. The retracement has a little more to go before it makes it move back up again. The big question is: when will the 2nd wave end? Well, you (as well as us) will need to focus in on that wave and do an analysis on it. Watch for trend changing signals. Also, you must get it out of your head</description><pubDate>Fri, 20 Jun 2008 08:21:33 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-20.html</guid></item><item><title>EUR/GBP Analysis </title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-13.html</link><description>Hello. Our scan of the charts have picked up a EUR/GBP set up. Look for the pair to head up back up to the June 9 high of .8030+. Looking at the European announcements, we have a pretty busy day with some good announcements/reports coming out. We have the CPI coming out for both Germany and Italy. Be sure you're aware of announcements that are coming out so you can monitor your trades. We hope everyone has a great weekend this weekend. Father's Day is this weekend in the United States and we'd</description><pubDate>Fri, 13 Jun 2008 07:15:57 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-13.html</guid></item><item><title>USD/ZAR Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-11.html</link><description>Hello. We are looking at the Elliott Wave analysis of the USD/ZAR on a daily chart. Keep in mind that this is an analysis and not a trade - primarily because the invalidation is too far away. We don't want to lose that many PIPs in case the pair goes against us. However, with that, you can plainly see the nice ZZ (Zig Zag) formation of the pair. Always use stops and good money management when placing trades. Never forget that it's okay to not trade if there is not a good trade presented to us.</description><pubDate>Wed, 11 Jun 2008 05:43:26 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-11.html</guid></item><item><title>Pre Non Farm Payroll Analysis - USD/CHF</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-06.html</link><description>Hello. Looking at the USD/CHF, we are giving our analysis before the release of the opening of the European session and well before the NFP, which will come out later on today. If you look at the attached chart, we are actually in 3 waves deep. We are in the 3rd wave, of the larger degree 3rd wave of an even larger degree 3rd wave, which you can't see from the graphic, but it starts back from late April. As you can see, we formed the top of the smallest degree wave 1 and am now comleting wave</description><pubDate>Fri, 06 Jun 2008 07:44:42 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-06.html</guid></item><item><title>USD/SEK Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-04.v02.html</link><description>Hello everyone. If you look at our chart of the USD/SEK, you'll see that our analysis indicates we're in a 3rd wave of an Impulse wave. We trade these waves quite frequently with nice results - when you can accurately determine it is indeed a Wave 3 Impulse. You see the completion of Wave 1 and the 3 wave correction (a, b, c) to complete wave 2. Look for the pair to move up. The invalidation point is quite a ways away and that is something you need to take into consideration. You don't want to</description><pubDate>Wed, 04 Jun 2008 07:28:20 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-04.v02.html</guid></item><item><title>Update Coming Soon</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-03.html</link><description>Hello. We are analyzing the charts and will have an update before the open of the European session.</description><pubDate>Wed, 04 Jun 2008 03:08:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-06-03.html</guid></item><item><title>GBP/USD - A Conservative Look and Trade Example</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-30.html</link><description>Hello. A little different analysis before we head into the weekend. Here is an example of a very conservative entry for the GBP/USD. We have drawn in a trend line to help show the stop level that would make this trade invalid. Although our analysis shows that the May 28 bottom (1.9673) is the technical invalidation point for a buy trade, we're also looking at other factors. Our Fibonacci analysis gives us our very conservative entry along with a stop price. At this entry point, we'd only be</description><pubDate>Fri, 30 May 2008 08:19:57 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-30.html</guid></item><item><title>Will USD/CAD hit parity?</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-29.html</link><description>Hello. The USD/CAD is currently at around .9910 range and the question is - will it go to parity? Our analysis shows that we are in a Impulse Wave 3 down and the top on May 28 was where Wave 2 ended. So, we are in a Wave 3 move down. It looks like we completed the first wave and we're heading into a Wave 2 retracement. The invalidation point for this trade is the high of May 28 (.9958) - although we put our stops a little higher to avoid getting taken out on a whipsaw. Look for a shorter term</description><pubDate>Thu, 29 May 2008 07:32:15 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-29.html</guid></item><item><title>Short Term USD/NOK Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-28.html</link><description>Hello. Here is a short term analysis on the USD/NOK (Norwegian Krone). Although many people may not trade this pair, it is still a pretty good short term set up. Look for the short term to be bullish. We're forming a Wave 3 of an Impulse Wave. As many of you know, we love trading Wave 3 of Impulse waves due to their strong movements. Don't forget this is a 30 minute chart so we are looking at a shorter term here. Remember to apply your own money management to this trade, if you decide to take</description><pubDate>Wed, 28 May 2008 06:37:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-28.html</guid></item><item><title>Happy Memorial Day &amp; European Markets</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-25.html</link><description>Hello. We'd like to wish everyone in the U.S. a happy Memorial Day weekend. We will be analyzing the charts later on today and be posting an update before the opening of the European markets. Thank you.</description><pubDate>Sun, 25 May 2008 21:30:57 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-25.html</guid></item><item><title>AUD/USD Wave Count &amp; Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-20.html</link><description>Hello. Our analysis came up with a shorter term trade set up on the AUD/USD. We are in a Wave 3 of a larger Wave 3 up. If it goes below our "ii" level on the chart, then this forecast would be invalidated. Remember to apply your money management to all your trades and analyze your Risk vs. Reward. There is not much in solid wave formations on the larger time frames and we do NOT trade when all of our criteria for a trade is not met. Although tough, you must resist the temptation to trade. Good</description><pubDate>Wed, 21 May 2008 02:08:12 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-20.html</guid></item><item><title>USD/CHF Short Term Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-16.html</link><description>Hello. We have a short term set up on the USD/CHF. We are in the 3rd wave of an Impulse on the hourly chart. We completed Wave 1, did a 3 wave retracement to complete Wave 2 and now we're heading up to complete a 5-wave move up to Wave 3. You will have to use your shorter time frames to gain an entry point. You can also draw in some good trend lines and Fibonacci analysis to get an entry price. Good luck and we hope everyone has a very nice, relaxing weekend. Stay safe.</description><pubDate>Fri, 16 May 2008 06:02:41 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-16.html</guid></item><item><title>EUR/JPY Long Term Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-14.html</link><description>Greetings. As mentioned in our Sunday update, we're looking at a long term chart here for the EUR/JPY. This pair has actually been on our radar for a very long time now as the pattern is very strong. You can't see it from the chart but we have a ZZ forming that starts way back in 2005. We see it hits a top to complete Wave 1, then goes down to Wave 2. We are now in the 3rd Wave of a ZZ which is a good wave to trade. As far as the inner workings go, you can see we went up to create a Wave 1 and</description><pubDate>Wed, 14 May 2008 07:19:36 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-14.html</guid></item><item><title>EUR/JPY Summary - More To Follow</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-11.html</link><description>Our daily analysis is showing a bullish trend in the EUR/JPY. We will complete our chart analysis and post a graphic with explanation shortly. Good luck.</description><pubDate>Sun, 11 May 2008 22:30:43 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-11.html</guid></item><item><title>USD/CHF Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-07.html</link><description>Hello everyone. Our analysis has brought a set up on the hourly charts of the USD/CHF. We are in the 3rd wave of an Impulse wave. 3rd waves of Impulse waves are very strong so we're looking for a good, strong run up. Because our analysis shows the low of May 6 as the completion of Wave 2, our invalidation point lies at that price. If it goes below that price, then that would invalidate this forecast. However, if you look at the low of May 6, it shows a long wick down but comes back up and</description><pubDate>Wed, 07 May 2008 07:34:35 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-07.html</guid></item><item><title>USD/CHF Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-04.html</link><description>Hello everyone. Our analysis has brought a set up on the hourly charts of the USD/CHF. We are in the 3rd wave of an Impulse wave. 3rd waves of Impulse waves are very strong so we're looking for a good, strong run up. Because our analysis shows the low of May 6 as the completion of Wave 2, our invalidation point lies at that price. If it goes below that price, then that would invalidate this forecast. However, if you look at the low of May 6, it shows a long wick down but comes back up and</description><pubDate>Sun, 04 May 2008 05:59:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-05-04.html</guid></item><item><title>CHF/JPY Wave Count and Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-28.html</link><description>Hello. Happy Tuesday! We hope everyone had a relaxing and peaceful weekend. We have a 3rd wave of a ZZ forming on the CHF/JPY hourly chart. As you know, we like trading the 3rd wave of a ZZ. We also re-analyzed this and it can also be interpreted as the 3rd wave of an Impulse, which is the other wave we love to trade. So, being that our analysis is showing this as both the 3rd wave of a ZZ and Impulse, there is a good probability for this trade to go down. If it goes above the high of 4/28/08</description><pubDate>Tue, 29 Apr 2008 02:16:38 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-28.html</guid></item><item><title>EUR/CAD Wave Count</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-24.html</link><description>Hello. We are looking at the 3rd wave of an Impulse in the EUR/CAD. We completed Wave 2 of the larger degree with the low on 4/18/08. We saw a good 1st wave movement up to complete the first wave on 4/23/08. Look for the pair to come down to complete Wave 2 and head up in a bullish Wave 3 movement. This is one where you'll want to wait for the market to retrace down to complete the Wave 2. We suggest you do NOT trade the Wave 2 down as it is a retracement wave. We will monitor the pair and</description><pubDate>Thu, 24 Apr 2008 07:50:33 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-24.html</guid></item><item><title>DKK Wave Analysis and Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-21.html</link><description>Hello. Our analysis has picked up the USD/DKK (Danish Kroner). We are looking at a short term Impulse Wave 3 down. We like trading Wave 3 of Impulse waves as they have strong directional movement. Good luck and we'll see everyone again shortly.</description><pubDate>Tue, 22 Apr 2008 02:46:44 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-21.html</guid></item><item><title>NZD/JPY Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-17.html</link><description>Hello everyone. Our analysis brings us to the NZD/JPY. We didn't add the trend lines in, but there are some good trend lines that can implemented on the hourly chart. Here is what we're looking at: The major trend is up, however, it may come back down before heading up. We're just going to sit and watch this one as it develops. Our Entry 2 - 79.63 is a really conservative long entry. Another potential entry point going long is 79.92. At this point (of course, after watching how it plays out,</description><pubDate>Thu, 17 Apr 2008 08:39:27 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-17.html</guid></item><item><title>Pro Pipper Trading :: GBP/CAD Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-13.html</link><description>Hello. Today is April 15, 2008 and we hate to remind everyone but taxes are due for residents of the United States. We have a good set up in the GBP/CAD forming. The general trend is down. Look for it to eventually hit into the 1.9500 area. If it goes above the high of April 14 (2.0350) then that will invalidate this forecast. Our analysis is showing a short entry price of 2.0191. Be sure to consider your Risk vs. Reward ratio when entering a trade and always practice good money management. We</description><pubDate>Sun, 13 Apr 2008 21:23:45 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-13.html</guid></item><item><title>Pro Pipper Trading &gt; GBP/USD Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-08.html</link><description>Hello. We hope everyone had a great weekend. Before we get to today's analysis, we wanted to go back to last Friday for the NFP. We gave everyone 4 entry points to go long. The first one we gave was triggered (by 5 pips) and it never looked back from there. If you are currently long the EUR/USD, be sure to use protective stops. If you haven't already, lock in some profits. Today we look at the GBP/USD - another favorite for many. We're looking at short term trade here. We're in the 3rd wave of</description><pubDate>Tue, 08 Apr 2008 07:14:30 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-08.html</guid></item><item><title>USD/SEK Trade Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-23.html</link><description>Hello. We hope everyone had a happy and safe Easter weekend. Although not a widely traded pair, the USD/SEK (Swedish Kronor) is showing a good Ending Diagonal formation. Fact is, it doesn't really matter if this isn't considered a major pairing - our goal as traders is to make PIPs. When you make PIPs, the money will follow. We see that we completed a Wave 3 (low) and am heading up for a Wave 4. Look for it to come close to the trend line drawn in. From there, look for it to retrace. The 5th</description><pubDate>Mon, 24 Mar 2008 00:47:23 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-23.html</guid></item><item><title>GBP/CHF Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-28.html</link><description>Hello. We are looking at the GBP/CHF. The overall trend is forming a good wave down, however, our shorter term analysis shows that a shorter term retracement is in order before heading back down. Look for the pair to go up and then head back down. Fibonacci analysis will help guide you on how far up the pair will go to enter in short. We will conduct our detailed Fibonacci analysis to try and pinpoint the entry price. Good luck and have a great weekend.</description><pubDate>Fri, 28 Mar 2008 08:56:10 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-28.html</guid></item><item><title>EUR/JPY Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-01.html</link><description>Greetings. Our analysis takes us to the EUR/JPY on a hourly chart. The major overall trend is down but we are looking at completing a shorter term 2nd wave of a Flat to the March 28, 2008 high of 158.33. After it nears that point, look for a short entry. We do not suggest trading against the overall trend, even if it looks like an easy 200 pips. These pairs move quickly and can margin you out just as quickly. This is where you need to learn patience and demonstrate discipline. We are back from</description><pubDate>Tue, 01 Apr 2008 07:48:54 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-01.html</guid></item><item><title>NFP - EUR/USD Trade Set Up</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-04.html</link><description>Hello. Here is our NFP update on the EUR/USD. We are in a 3rd Wave of a Zig Zag movement upward. Because this is during the NFP, you must proceed with absolute caution. During the NFP, we like to play it safe and this EUR/USD trade is a great scenario for us. We know that if it goes well below the low of April 3 (1.5508) that it will invalidate our forecast. We have four levels we're looking at for potential buy trades. Entry 1 - 1.5630 Entry 2 - 1.5608 Entry 3 - 1.5584 Entry 4 - 1.5538 Again,</description><pubDate>Fri, 04 Apr 2008 08:59:31 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-04-04.html</guid></item><item><title>USD/MXN Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-20.html</link><description>Hello. We are forming the 4th wave of an Ending Diagonal. Look for the short term be bullish (completing Wave 4), go down to a Wave 5 and then break the trend line strongly going up. The shorter term charts also show a Wave 2 flat moving up, giving us more confirmation of the movement. Ending diagonals is another wave we like to trade. Good luck with this trade we'll see everyone again shortly. If there is no update tomorrow, we would like to wish everyone a happy and safe Easter weekend. As</description><pubDate>Thu, 20 Mar 2008 08:23:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-20.html</guid></item><item><title>Outlook on USD/CAD </title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-17.html</link><description>Hello again. We are providing an analysis for the USD/CAD. Our analysis shows some good wave structure in various time frames to indicate there is a good possibility for a strong move up. Depending on which time frame you're looking at, you are in a Wave 3 of a Zig Zag on your daily charts and in Wave 2 of a Flat on your hourly. We like Wave 2 of flats as well because they indicate that Wave 2 will hit near the start of Wave 1. As you can see, we have quite some movement to go. Also, trend</description><pubDate>Mon, 17 Mar 2008 06:12:00 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-17.html</guid></item><item><title>AUD/USD Wave 3 Short Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-11.html</link><description>Greetings. We hope everyone had a restful weekend after the NFP last Friday. As posted on our websie, the AUD/USD had formed a triangle at the top showing a sell trade. Now that it has broken that trend line, what next? As you can see, we added a trend line showing you a potential point where the currency could go back up to. However, the overall trend is down. Look for a nice downward movement. Also, you can see that we are in a Wave 3 downward movement in an Impulse wave. These are the waves</description><pubDate>Tue, 11 Mar 2008 07:13:08 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-11.html</guid></item><item><title>Pro Pipper EUR/GBP Analysis</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-05.html</link><description>Greetings. Our analysis takes us to the EUR/GBP. We are posting this right before market opening. Look for an uptrend to the .7800 area and above. As always, be sure to utilize your protective stops. Also, be sure to monitor any news announcements that may be coming out in the near future. Good luck and we'll see everyone again shortly.</description><pubDate>Wed, 05 Mar 2008 09:30:04 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-03-05.html</guid></item><item><title>Pro Pipper USD/ZAR Wave 3 Trade</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-26.html</link><description>Greetings. Here is a currency that we don't talk about everyday. The USD/ZAR (South African Rand) looks to be in a good movement down. We're looking at the 3rd wave of a Zig Zag (ZZ) correction. Among our love for trading Wave 3's of Impulse waves, we like trading these waves as well. We completed the 1st wave in November 2007, then up to complete Wave 2 on February 20. We are now heading down to a Wave 3. Refer to the chart. Good luck.</description><pubDate>Tue, 26 Feb 2008 07:11:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-26.html</guid></item><item><title>Pro Pipper EUR/JPY Update</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-18.html</link><description>Greetings. We have yet again found an impulse wave in our analysis. Analyzing the EUR/JPY, we see that we are in the 2nd wave of the Impulse wave. Look for the pair to go up to the 159.40 area and above before heading back down in a Wave 3. As many of you know, that is our absolute favorite wave to trade due to its very impulsive move in a direction. As we get closer to the high probability area, we will update everyone with our analysis. We are also watching the USD/JPY. A couple weeks ago we</description><pubDate>Mon, 18 Feb 2008 06:39:01 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-18.html</guid></item><item><title>Pro Pipper USD/CAD Analysis - Wave Completion Close</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-14.html</link><description>Hello. This is a chart showing the USD/CAD. This is the short term wave count as we must keep in mind this is a part of a larger wave count. We are looking to complete the 3rd wave of a 3 wave Double Zig Zag movement. Once the 3rd wave is complete, the currency will reverse. This is the time when you start watching the currency closely for any breakouts or "wicks" in the candles. Look for it to come down a little further, hit a bottom (completing Wave Y) and then head up. Going back to our JPY</description><pubDate>Thu, 14 Feb 2008 08:42:45 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-14.html</guid></item><item><title>ProPipper.com USD/JPY Elliott Wave Count</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-10.html</link><description>Greetings. We hope everyone had a restful weekend. We're posting this right before the opening of the Tokyo markets. Our analysis a few days back showed us that we're in an impulse wave within another impulse wave. As you recall, we're forming Wave 2 of the smaller impulse wave. Once Wave 2 is completed, then we will start heading down to Wave 3. Wave 3 is our favorite wave to trade because of it movement. We also provided some potential target points where you can short the pair. Depending on</description><pubDate>Sun, 10 Feb 2008 22:41:07 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-10.html</guid></item><item><title>Pro Pipper EUR/CHF Wave Count</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-06.html</link><description>Hello. For those of you that watched the Superbowl, what a game it was. I have already been emailed articles on how trading the FX market relates to the Superbowl. Rather interesting. We have a Double 3 (D3) forming in the EUR/CHF. In the smaller degree wave, we have a Flat (FL) forming. As you can see, it went down to complete Wave A, then back up to just above the starting point (thus why it is called a Flat) to complete point B. Now, we are headed down to a Wave C. I would expect to see a</description><pubDate>Wed, 06 Feb 2008 08:02:52 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-06.html</guid></item><item><title>ProPipper.com USD/JPY Elliott Wave Count</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-03.html</link><description>Greetings. We hope everyone had a nice weekend. For those of us in the United States, we hope you enjoyed the Superbowl. We are posting this before the game has started. Too bad there was no Elliott Wave analysis to forecast the probabilities of the winner. Well, I guess that's why we all love the markets! We keep talking about Elliott Wave practitioners having their favorite wave to trade. Some like the impulsive Wave 3 and 5 while others like to trade the retracements waves. Well, we enjoy</description><pubDate>Sun, 03 Feb 2008 23:17:11 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-02-03.html</guid></item><item><title>ProPipper.com GBP/JPY Update</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-01-30.html</link><description>Hello. Here is a nice wave count on the GBP/JPY showing a Flat. Look for it to go a little higher to complete Wave B of the flat before heading back down to complete Wave C. If you're trading the majors, be sure to use caution as we head into two major announcements. We have the&amp;nbsp; Fed announcement later today and NFP on Friday. Be sure to use protective stops if you're currently in profit in a trade. Good luck.</description><pubDate>Wed, 30 Jan 2008 14:06:16 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-01-30.html</guid></item><item><title>EUR/USD Update</title><link>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-01-28.html</link><description>Greetings. This is our short term EUR/USD count. You can see we are in a 2nd wave of a flat, which means it should come very close to the bottom on 1/21/08 to complete the 2nd wave of the flat before going back up. Good luck.</description><pubDate>Mon, 28 Jan 2008 06:14:56 GMT</pubDate><source url="http://www.fxstreet.com" /><category domain="http://www.fxstreet.com/technical/forex-strategy/">http://www.fxstreet.com/technical/forex-strategy/</category><author>ross@propipper.com (Pro Pipper Trading)</author><guid>http://www.fxstreet.com/technical/forex-strategy/daily-majors-technical-analysis/2008-01-28.html</guid></item></channel></rss>