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 […]

  • USDCAD: Buying the dips using the Elliott wave Theory

    The Elliott wave theory was developed in the 1930’s and in the theory, the main idea is that the market advances in five waves and corrects in three waves. Since 1930’s, the world has changed a lot now we have computers and we can see multiple instruments and we can measure momentum and many other tools. When […]

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  • EURUSD: Is the decline from 8/18/2016 a 5 wave move?

    The Elliott wave theory explains that in a five waves move, every subdivision has to come in five waves three of which will advance in five waves and two would be pull backs of those against the trend. In this video, we are going to take a look at the decline in EURUSD from the peak of […]

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  • Intermarket Analysis

    The basic premise of intermarket analysis is that there’s a cause and effect of the movement from one instrument to another. For example, the price of gold and the U.S. dollar index ($DXY) generally has an inverse relationship as gold is denominated in US dollars, so any move in the dollar will have an impact […]

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  • FTSE calling the rally & buying the dips

    The video below is a short capture from London Live Analysis session held on 09/30 by EWF Senior Analyst Daud Bhatti. Daud presented Elliott Wave count of FTSE, explaining the swing sequences and calling the short term x red pull back completed at 6769.9 low. The index was showing incomplete bullish Elliott Wave structure in […]

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  • The Right side in Elliott wave

    Many traders come to the Marketplace with the illusion of becoming rich and following the steps of successful people in movies or TV series when they see the private jets, boat, and big houses. Some come with the humble idea of providing for their family using trading as a form of Income. The truth is it is possible […]

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  • Elliott Wave Theory Structure : Double Three with a Contracting Triangle in the connector Wave B or X

     As mentioned here before double three structures are common to see in the market and as it has been pointed out before they can also be the Elliott wave formation that a particular market instrument is trending in the larger degrees and time frames since some markets fail to display an impulsive Elliott wave count. […]

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