Crosses blog20161002194739

Many traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD, GBPUSD, ES_F or Gold (XAUUSD) for example. We at www.elliottwave-forecast.com believe that market works as a whole and as a forecaster we need to analyse […]

  • $GBPAUD Elliott Waves forecasting the decline & selling the rallies

    $GBPAUD Elliott Waves forecasting the decline & selling the rallies


    Hello fellow traders, the video below is short capture from the London Live Analysis session held on 10/04 by EWF Senior Analyst Daud Bhatti. Back then, Daud presented Elliott Wave count of $GPBAUD, suggesting further decline due to a fact the pair was showing incomplete bearish swings sequences in the cycle from the September peak. […]

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  • $FTSE Short-term Elliott Wave Analysis 10.7.2016

    $FTSE Short-term Elliott Wave Analysis 10.7.2016


    Short term Elliott wave count suggests that pullback to 6640.3 at 9/15 ended wave (X). The rally from there is unfolding as a double three where wave (w) ended at 6899.5, wave (x) ended at 6728.5, and wave (y) of ((w)) is proposed complete at 7091. Near term, while bounces stay below 7091.5, expect the Index to […]

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  • GBPNZD Setup from Live Trading Room Oct 4

    GBPNZD Setup from Live Trading Room Oct 4


    The Elliott wave trading setup below comes from Oct 4 Live Trading Room session. We sold GBPNZD at 1.773 and made 500 pips profit. We also sold GBPAUD at 1.683 for a 200 pips profit. Journal Video   Find more information about Live Trading Room by watching the video below or click –> Live Trading Room   Take our […]

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  • Fear of Hard Brexit and Poundsterling

    Fear of Hard Brexit and Poundsterling


    Since the Brexit vote in June, Poundsterling has fallen 13% against the U.S. dollar and it is now worth 22% less than a year ago. Today the pound worths around $1.27 while a year ago it was worth $1.55. The currency was further under pressure this week after the U.K Prime Minister Theresa May provided more […]

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  • US Dollar outlook post FOMC

    US Dollar outlook post FOMC


    The Federal Reserve once again pushed back plans to raise interest rates at the September meeting, a widely expected after a series of mixed economic reports and various signals Fed officials measure. After its policy meeting two-day Federal Open market Committee voted to keep the federal funds rate from 0.25% to 0.50%, citing progress in […]

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  • How to use cross pairs to get an edge in Trading

    How to use cross pairs to get an edge in Trading


    Many traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD, GBPUSD, ES_F or Gold (XAUUSD) for example. We at www.elliottwave-forecast.com believe that market works as a whole and as a forecaster we need to analyse […]

    Read More