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 […]

  • Hawkish Fed may trigger equities correction


    The May 18th FOMC Meeting Minutes contains direct references to a potential rate hike at the next June 14 – 15 FOMC meeting. Recall in March meeting, the Fed Dot Plot chart (see below) suggests that Fed believes two rate hikes this year is the likeliest outcome, albeit with the usual data dependent clause. Since […]

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  • Elliott Waves calling the rally in $USDCAD


    The video below is a short clip captured from London Live Analysis Session held on May 5 /2016 where EWF Analyst Hendra Lau is showing  Elliott Wave count of $USDCAD forecasting the rally from precisely determined technical area: 1.2806-1.2723. The pair has already given nice results, proposed (X) pull back ended as double three structure at […]

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  • How sweet is SUGAR? SB#F


    Global consumption for 2016/17 is forecast at a record 174 million metric tons (raw value), exceeding production and drawing stocks down to the lowest level since 2010/11.  Production is up 4 million tons to 169 million as gains in Brazil and the European Union more than offset a decline in India.  With growing demand, imports […]

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  • $EURAUD Live Trading Room – A Week in Review


    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. EUR/AUD Live […]

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  • $NZDCAD Elliottwave Analysis 5.19.2016


    This is a an Elliottwave Analysis video on $NZDCAD. Short term, the pair looks to have ended cycle from 12/29/2015 peak, and pair should be in larger wave (X) bounce to correct the decline from 0.958 before pair turns lower again. Near term target is 0.889 – 0.893 area, then it should pullback in 3 waves before higher […]

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  • EURGBP: Bullish Possibilities


    Since November 2015 EURGBP has been moving higher and on April 7 it has formed a top and reversed lower. The cycle from November 2015 low to April 2016 high has ended and is now at the moment correcting lower. We still expect another move higher but need to wait for signs that this current correction/cycle […]

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