Daud Bhatti

USDSEK move up from 2/22/2017 (8.9543) low could be viewed as 5 swings and hence we are labelling it as a leading diagonal Elliott Wave structure in wave (i). In the…

DAX Index has recovered most of the losses that it saw between 1/26/2017 and 2/7/2017. Index continued the rally today and made a new high above 2/15 (11846) which makes it…

AUDUSD 5 wave cycle from 12/23 low is proposed to be over at 0.7608 and pair is now turning lower. Yesterday, we mentioned that a break below 0.7511 would negate…

AUDUSD 5 wave move up from 12/13 low can already be counted completed at 0.7609. However, while above 0.7511 low, another high to 0.7631 - 0.7699 area can't be ruled out…

DAX extend the rally today and broke to a new high above blue (3). Index has reached 2.618 - 3.236 extension area where black wave ((iii)) can complete and we…

EURAUD has been in a steady downtrend since forming a peak on 8/24/2015 (1.6585). Although, pair is very close to 100% Fibonacci extension down from 8/24/2015 peak, Elliott wave sequence…

In the video seminar below, we talk about what trading really is and how to do a proper risk management. Below is an excerpt of the video from the opening.…

NZDUSD move up from 12/23 low is extending and it looks like the move up from 12/23 low is unfolding as an Elliott wave diagonal when pair is still in wave…

GBPUSD preferred Elliott wave structure suggests pair is in an Ending Diagonal structure where wave ((4)) completed on 12/6 at 1.2775. Each sub-wave of a diagonal pattern sub-divides in 3,…