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$HG_F (Copper) 1 Hour Elliott Wave Analysis (5.16.2014)
Read MorePreferred view is that dip to 3.003 completed wave B of X and metal is now trading higher in wave C of X which can reach as high as 3.265 before the decline resumes. Short-term, a cycle from 3.003 low looks to have completed , we have labelled this as wave (( w )) as […]
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$USDCAD 1 Hour Elliott Wave Analysis 5.12.2014
Read MorePreferred Elliott wave view is that pair has ended a cycle from 1.0853 low and wave (( B )) high is in place at 1.1054. Wave ( A ) is over at 1.0809 and wave ( B ) bounce is in progress, it can reach as high as 1.0959 – 1.0995 to complete wave ( […]
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SPX bullish Elliott Wave Setup
Read MoreUS Indices remain bullish and dips have been presenting buying opportunities. Let’s take a look at a recent buy setup in SPX and INDU. Using Elliott Wave Principle we knew that initial drop in SPX from 1891 – 1866 was in 3 waves, so we were expecting this high to break once the correction finished. […]
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$USDCAD 1 Hour Elliott Wave Analysis (5.8.2014)
Read MorePair has been declining since forming a peak @ 1.1054 on 4.23.2014. Initial decline to 1.0938 was in 3 waves which we have labelled as wave A. According to Elliott Wave Principle, wave B would normally end between 50 – 76.4% area of wave A, that’s exactly what we saw here. Pair is now approaching […]
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$AUDJPY 5.6.2014 NY Elliott Wave update
Read MoreAUDJPY Elliott wave analysis suggested that drop from 96.50 was in 7 swings and pair should find buyers in equal legs – 1.236 ext area.Pair tested the area many times and took it’s time but has made the move that we were expecting. Below is a chart presented to members on 5.6.2014 during NY update. […]
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$GBPUSD Analysis using NEW Elliott Wave Theory
Read MoreMarket dynamics have changed since Elliott Wave Principle was originally discovered and applied in 1930’s. Market doesn’t trade based in crowd psychology any more. It follows patterns with validation and invalidation levels. After years of research, we have created a trend following pivot system to help us stay on right side of the market. We […]