DAX Index is showing 5 swings up from ((X)) low at 8904 (10.30.2014)  which is an incomplete sequence so we expect the Index to do a pull back in 6th swing & make another push higher to complete 7 swings to end a 7 swing cycle from 8904 low. Wave ( W) ended at 9469 […]

We will talk about a 5 wave move in this Educational Video which doesn’t happen very frequently. When one finishes reading an Elliottwave book, they would try and look for a 5 wave move everywhere. Wave 1 is nothing more than a fight between old trend & a new trend. Wave 2 is when old […]

HG_F (Copper) has been trading sideways since 11.5 (2.964) low. We have seen multiple rejections in 50 – 61.8 fib inflection zone (3.0400 – 3.057) as buyers and sellers try to overcome each other. We expect this consolidation to resolve to the downside as far as 3.116 high remains intact. Preferred Elliott Wave view suggests […]

HG_F (Copper) has been trading sideways since 11.5 (2.964) low. We have seen multiple rejections in 50 – 61.8 fib inflection zone (3.0400 – 3.057) as buyers and sellers try to overcome each other. We expect this consolidation to resolve to the downside as far as 3.116 high remains intact. Preferred Elliott Wave view suggests […]

The point of this article is to help a trader get in position to profit from the expected market move thus the following is related to what to look for and how to trade it without fear or emotion. The first thing that is needed to be known is which direction higher or lower the […]

Elliott Wave Principle Now and Then The Elliott Wave Principle is a form of technical analysis that is used by some traders to analyze cycles in financial markets and based on that forecast the future path by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered […]