In today’s video we present Elliott Wave Analysis of the yellow metal which has reached 100% extension down from 1255 peak. Trend is down but it’s in an area where initiating new short positions is a dangerous proposition. Analysis based on market correlation allows for another push lower toward 1189 – 1184 area to end the […]

USDCHF held 0.9447 – 0.9429 inflection area as expected & has shown a strong reaction higher. Traders long from inflection area should already be in a risk free position. New high above 0.9560 would make it 5 swings up from 0.9356 low moving invalidation higher to 0.9438. Ideal area for 5th swing to end is […]

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 from 12:30 PM  EST (5:30 PM BST), join Dan there for more insight into these proven methods of trading. AUDUSD 240m Before […]

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 from 12:30 PM  EST (5:30 PM BST), join Dan there for more insight into these proven methods of trading. USDJPY […]

At the last days of September our Elliott Wave analysis for OIL suggested that we were doing double three corrective structure from the 89.56 low. The analysis was calling for more strength toward equal legs area (95.05-96.15) to complete wave ((B)) recovery, before further decline takes place in next bearish cycle – wave ((C)). Let’s […]

EUR/GBP is a pair that moves nearly all in corrective sequence of double three (WXY) or triple three (WXYXZ). That makes the pair to be very predictable and a pair to look for high probability setups. In this blog, we will take a look at how to trade a double corrective Elliott Wave Structure Double three structure […]