Daud Bhatti

JPY (USDJPY) made a new high above last Friday's peak and now seems to be pulling back. Move up from 113.53 ((x)) low could be viewed as a 5 swing…

EURUSD Elliott Wave Sequence from 2/2 peak doesn't support the idea of 5 wave impulse or even a series of 1,2's. Decline from 2/2/2017 high to 2/15/2017 low was a 7…

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.…