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USDCAD bounces from equal legs
Read MoreFrom the last week of the June we were telling our clients to take the profits from the short positions in USDCAD and to start looking for buy entries because preferred Elliott wave structure was suggesting price was approaching the inflection area between 1.06345-1.05349 .Let’s take a look at some charts from members area to see […]
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7 swings Elliott Wave Structure in GBPCHF ( Asia update )
Read MoreOne of the most common patterns in New Elliott Wave theory is 7 swings structure (double three). We spot it in the market every day in many instruments. It’s a very reliable structure by which we can make good analysis and what is most important it’s giving us good trading entries with clearly defined invalidation […]
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EURGBP: Trend is your friend
Read MoreEURGBP cycles have been clearly negative since February 25/2013. We, at EWF, always advise our members to trade with the trend and not against it. The charts below clearly shows how we continue advising our members that EURGBP will continue with the down trend. No matter how many times EURGBP kept creeping higher we continued telling […]
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GOLD – XAUUSD – A Technical Look at Elliot Wave
Read MoreHere 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 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]
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$USDCAD: Elliott Wave Analysis & Turn Lower
Read MoreFor the whole month of May we been telling our members to SELL the rallies for USDCAD as that is what our preferred Elliott Wave Analysis was calling for. When June came along our view did not change. We continued telling our members to only look to sell USDCAD based on the idea of Elliottwave […]
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NZDUSD: Forecasting the bounce
Read MoreNZDUSD has been moving higher against USD for the last few days. Yesterday (11 June 2014), pair made a spike lower followed by a sharp move to the upside and then we heard people saying it was due to the rate decision from the Bank of New Zealand (and we still don’t know what they […]