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 […]

  • NZDUSD Elliott wave structure & swing sequence

    Majority of Elliott wave practitioners believe trend is only in 5 waves and correction in 3 waves. We believe that assumption is wrong and a market can trend in both 5 and 3 swing sequences. In this video, we take a look at the example of NZDUSD and prove how the instrument has been trending […]

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  • AAPL (Apple) Elliott Waves showing the path & buying the dips

    The Video below is a short capture from the Plus Daily Technical Video from September 8th, where EWF Technical analyst Hendra Lao presented Elliott Wave chart of AAPL (Apple), explaining the view and the swings sequences. AAPL (Apple) was proposed to be in incomplete Elliott Wave 5 wave structure from the May 5th low, suggesting […]

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  • A technical look at $GBPCHF

    Hello fellow traders, in this technical blog we’re going take a look at the short term Elliott Wave analysis of $GBPCHF currency pair. In the larger time frames we see the pair reached the extreme area in the daily cycle from the last year’s peak (19th November). It hit the important tech zone at 1.2444 and […]

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  • Elliott Wave Theory Structure : A Double Three Combination

    Double three structures are common occurrences 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 within the larger degrees and time frames. As pointed out here before, it is simply impossible in some markets to get a legitimate […]

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  • Trend Trading with Elliott Wave

     The first thing needed to be accepted in a traders mind is by itself, Elliott Wave as a trading method is not enough. There are always several “valid” Elliott Wave counts. As we know, some markets as shown here at our site for quite a while have been proven to “trend” in 3, 7 or […]

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  • The importance of a Trading Journal

    One of the best practices when it comes to trading is to have a trading journal. Think of a trading journal as your battle plan / strategy. Traders should spend time to analyze the market ideally during the quiet period, such as the Asian session and plan trades for the coming session. When I get to know new traders and […]

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