Trade Selection Process using Elliott Wave Theory
Many traders overlook the process of selecting the right instruments to trade. Trading is a process which requires a lot of discipline and a good technique to be consistently profitable.…
AUDCAD Strategy of Day 10.27.2016
AUDCAD has been rallying this week and today it broke above the peak at 10.25.2016 (1.0286). Decline from 10.25.2016 peak was pretty sharp and might have shaken some buyers but we…
Cocoa Futures: Technical Picture from 2011 low
Cocoa Futures (CC #F) has ended the cycle from all time low at 3775 (March 2011) and then it made a sharp decline into 12/12/2011 low at 1983. Since then,…
EURAUD Short-term Elliott Wave Analysis 10.19.2016
Best reading of Elliott wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. Pair has got enough number of swings in place to call the…
EURAUD Short-term Elliott Wave Analysis 10.18.2016
Best reading of Elliott wave cycles suggests EURAUD is in a triple three Elliott wave structure from 10/6 (1.4779) high. While below 1.4353 and more importantly below 1.4477 high, pair has scope…
$TNX (10 Year Yields) Short-term Elliott Wave Analysis 10.17.2016
Short term Elliott wave count suggests that pullback to 1.542 at 9/28 ended wave X. The rally from there looks to be unfolding as a 5 wave move and wave ((a)) is…
Gold (XAUAUD) Mid-term Elliott Wave Analysis 10.10.2016
In our last video about Gold (XAU/AUD) on 8/21/2016, we forecasted a pull back in the instrument towards 1673 - 1595 area. We have now reached that area and we…
How to use cross pairs to get an edge in Trading
Many traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD,…
NZDUSD Elliott wave structure & swing sequence
Majority of Elliott wave practitioners believe trend is only in 5 waves and correction in 3 waves. We believe that assumption is wrong and a market can trend in both…
