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 […]

  • A Lesson from the Maze


    Have you ever played a maze when you were a kid? In Hong Kong Disneyland, there’s a maze located at the garden outside the hotel which has a shape of a Mickey Mouse head if seen from a distance above. The height of the bushes is designed so that little children’s sight would be blocked when they go inside […]

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  • New to Elliott Wave? This is the first thing you should learn


    Hello fellow traders, welcome to Elliott Wave Forecast. In this technical blog we’re going to get through some basic stuff of Elliott Wave Theory in order to help you get started with it. Many of you probably already know that Elliott Wave is the most powerful form of Technical Analysis used to forecast financial market […]

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  • $INDU (Dow) Elliott waves forecasting the decline


    In this blog we’re going to take a quick look at Dow 1 Hour chart from 10th May 2016. We can see Index broke the descending trend line from the peak suggest it most likely ended the cycle from 18173.54 high. Move up from 17580.38 to 17783.16 is a 5 wave move and hence we have labelled […]

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  • XAUAUD Elliott Wave Update and targets


    In February 2016, we published a blog called Gold: Will the rally extend or fail? in which we had a look at Gold cycles against major World currencies and then presented an in-depth Elliott Wave Analysis of XAUAUD (Gold – Australian Dollar) instrument. Our preferred view called for a dip towards 1606 – 1565 area followed […]

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  • $GBPUSD Live Trading Room – BOE Live Trading


    Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. Inflection zones […]

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  • The Market correlation and the game of Chess


    Chess is a game which is played by many around the world, it is a game of strategy when the player tries to outsmart the opponent. Playing chess is not an easy game to play and the higher the level of completion, the better the strategy the player needs to use. A chess player can foresee […]

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