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 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these […]

For 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 […]

NZDUSD 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 […]

Using Elliott Wave Theory, we knew that drop from 1.3968 had a corrective structure and Elliott wave analysis on higher time frames was suggesting that pair was poised to make new highs.  Therefore, we forecasted that drop from 1.3968 will provide another buying opportunity. Let’s take a look at some charts from members area to […]

Since April 2/2014 we were expecting a bounce after the dip. Take a look at some charts from members area below and see how we forecasted Elliott wave structure in NZDUSD pair.   NZDUSD April 2/2014 (Asia Update)   NZDUSD April 3/2014 (New York Update)   NZDUSD April 4/2014 (London Update)   NZDUSD April 5/2014 […]

The Equal Legs is a term used in the technical analysis to indicate that the magnitude of a movement is equal to another movement joined by a correction. It is represented as follows:     Where the magnitude of the swing A is equal in magnitude to the swing C (A = C) and B is the correction. This method is widely used in Elliott Waves identifying targets or […]