11USDCAD-DAILY20161117125239

Many traders overlook the process of selecting the right instruments to trade. Trading is a process which requires a lot of discipline and a good technique to be consistently profitable. Selection is one of the aspects which can define the life of a trader because without the right selection process, most traders are going to […]

  • AUDUSD – Possible 5 waves move in making

    AUDUSD – Possible 5 waves move in making


    AUDUSD move up from 12/23 low is extending and as pair keeps extending higher with shallow pull backs, it looks like the move up from 12/23 low is unfolding as an Elliott wave impulse when pair is still in wave 3. Rally to 0.7356 is labelled as wave 1 and dip to 0.7283 is labelled […]

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  • NZDUSD – Possible diagonal move in making

    NZDUSD – Possible diagonal move in making


    NZDUSD move up from 12/23 low is extending and it looks like the move up from 12/23 low is unfolding as an Elliott wave diagonal when pair is still in wave 3. Rally to 0.7028 is labelled as wave 1 and dip to 0.6945 is labelled as a FLAT wave 2. Up from there wave 3 […]

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  • Top Financial Companies Performance

    Top Financial Companies Performance


    Financial Companies Review In our previous article we made an Overview of the financial sector and we mentioned that the overall performance was below average as most of the Top Financial Companies stocks were in the negative territory since the start of 2016. The acceleration to the upside came during the 4th quarter of the year after the US Election which […]

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  • NZDCAD Elliottwave Analysis 1/17/2017

    NZDCAD Elliottwave Analysis 1/17/2017


    For more analysis in other Forex, Indices, and Commodities, take our 14 days FREE trial and get access to Elliottwave charts for 52 instrument in 4 time frames, live sessions, live trading room, 24 hour chat room, and more.   Weekly Chart NZDCAD is showing a bullish sequence in the weekly time frame with the break […]

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  • GBPUSD Elliott Wave Forecast 1.17.2017

    GBPUSD Elliott Wave Forecast 1.17.2017


    GBPUSD is showing a 5 swing bearish sequence from 12/6 peak (1.277) which favors more downside. The decline from 12/6 peak is unfolding as a double three where wave W ended at 1.2198 and wave X ended at 1.2432. Internal of wave (Y) is unfolding as a double three where wave ((w)) ended at 1.2037 and wave […]

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  • GBPUSD Elliott Wave Forecast 1.13.2017

    GBPUSD Elliott Wave Forecast 1.13.2017


    GBPUSD is showing a 5 swing bearish sequence from 12/6 peak (1.277) which favors more downside. The decline from 12/6 peak is unfolding as a double three where wave (W) ended at 1.2198 and wave (X) ended at 1.2432. GBPUSD has since broken below wave (W) at 1.2198 which suggests that the next leg Wave (Y) […]

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