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 […]

The market, as we see it in Elliotwave-Forecast, is as a whole. Consequently, we are always looking for instruments that provide us with an edge and provide us with hints about direction of the market. For us, correlations are a huge part of our forecast and we combine them with Sequences, Cycles and Elliott Wave. The […]

The Elliott wave Theory was developed in 1930 and of course the most popular pattern is the 5 waves advance and 3 waves back to correct the advance or decline.  Since the Theory was developed the Marketplace has changed some as well as the charting tools we have at our disposal now. Consequently the main idea has […]

Trend: Applying the concept the trend is your friend Many traders like to trade every single swing in the market. In reality, unless you trade as a High Frequency Trading machine or you are a market maker, it is almost impossible to trade every single swing. After years of trading and suffering shallow bounces and losing some money, I realized it is better […]

Chess is a game which is played by many around the world, it is a game of strategy when the player tries to outsmart the opponent. Playing chess is not an easy game to play and the higher the level of completion, the better the strategy the player needs to use. A chess player can foresee […]

The USDNOK is ending a possible 5 waves structure from the lows at 2011 and consequently a possible Elliott Wave FLAT (3-3-5) structure since the lows at 2008. Either way, the time and size of the sequence suggest that in even the most bullish $USDX case the Index needs time and price to call the […]