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 […]

  • $USDNOK Short-term Elliott Wave Analysis 9.9.2016

    $USDNOK Short-term Elliott Wave Analysis 9.9.2016


    Short term Elliott wave count suggests that rally to to 8.403 ended wave X. Decline from there is unfolding as a double three where wave ((w)) ended at 8.11 and wave ((x)) bounce is in progress towards 8.275 – 8.305 area to correct the decline from 9/1 peak (8.403). As far as 9/1 pivot at 8.403 stays intact […]

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  • $EURJPY Live Trading Room Setup from 9/6

    $EURJPY Live Trading Room Setup from 9/6


    We issued a scalping short order for $EURJPY at market on Sep 6 Live Trading Room. We took profit on Sep 7 for a +95 pips profit. Each day in Live Trading Room, members attending the session will receive a similar trading journal like the one below The short clip below from our Live Trading Room on September 6 provides the setup for $EURJPY short trade. We have […]

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  • $AUDNZD Short-term Elliott Wave Analysis 8.30.2016

    $AUDNZD Short-term Elliott Wave Analysis 8.30.2016


    Preferred Elliott wave count suggests that decline to 1.0384 on 8/26 ended wave X. While pair remains above the level, expect further upside to 1.0488 – 1.051 area to complete wave w before ending the cycle from 8/26 low. Afterwards, a pullback in wave x is expected to take place to correct the rally from 8/26 low […]

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  • $NZDUSD Live Trading Room Setup from 8/17

    $NZDUSD Live Trading Room Setup from 8/17


    We issued a market buy order for $NZDUSD on Aug 17 Live Trading Room. We adjusted the target profit on Aug 23 to 0.738 and took profit on Aug 26 for a +144 pips profit. Each day in Live Trading Room, members attending the session will receive a similar trading journal like the one below for 26 instrument we cover   […]

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  • Elliott Waves forecasting the path in NZDJPY

    Elliott Waves forecasting the path in NZDJPY


    Hello fellow traders, the Video below is a short capture from the Plus Daily Technical Video from July 11th , where EWF Technical analyst Hendra Lao presented Elliott Wave chart of $NZDJPY, explaining the view and the swings sequences. Back then, $NZDJPY made a fresh new high above the 07/04 peak (74.24) and our Elliott […]

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  • $CADJPY Short-term Elliott Wave Analysis 8.26.2016

    $CADJPY Short-term Elliott Wave Analysis 8.26.2016


    Preferred Elliott wave count suggests that rally to 78.79 ended wave X. Decline from there is unfolding as a double three where wave (w) is proposed complete at 77.31. Wave (x) bounce is currently in progress towards 78 – 78.15 area, then pair is expected to extend lower or at least pullback in 3 waves to correct rally […]

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