Daud Bhatti

By Daud Bhatti    May 12, 2014    - 2 min read

SPX bullish Elliott Wave Setup

US 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…

By Daud Bhatti    May 8, 2014    - 1 min read

$USDCAD 1 Hour Elliott Wave Analysis (5.8.2014)

Pair 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…

By Daud Bhatti    May 8, 2014    - 1 min read

$AUDJPY 5.6.2014 NY Elliott Wave update

AUDJPY 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…

By Daud Bhatti    May 7, 2014    - 1 min read

$GBPUSD Analysis using NEW Elliott Wave Theory

Market 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…

By Daud Bhatti    April 30, 2014    - 1 min read

GBPUSD Elliott Wave Long Setup

GBPUSD spent a lot of time consolidating between 1.6842 - 1.6758 before breaking higher. Let's take a look at some Elliott Wave Analysis charts from members area to see how…

By Daud Bhatti    April 29, 2014    - 1 min read

$IBEX 1 Hour Elliott Wave Analysis 4.29.2014

Preferred view now is that dip to 9655 completed wave ((B)) and wave ( X ) low is also proposed to be in place at 9984. Wave (( a ))…

By Daud Bhatti    April 28, 2014    - 1 min read

$IBEX (IBC-MAC) 1 Hour Elliott Wave Analysis (4.28.2014)

Preferred view now is that dip to 9655 completed wave ((B)) and wave ( X ) low is also proposed to be in place at 9984. Wave (( a ))…

By Daud Bhatti    April 22, 2014    - 1 min read

$EURGBP 1 Hour Elliott Wave Analysis 4.23.2014

Break of 0.8227 low opens another extension lower in the pair and 0.8310 becomes wave (( x )). Preferred Elliott wave count is that wave (( a )) has almost…

By Daud Bhatti    April 21, 2014    - 1 min read

$GBPCHF 1 Hour Elliott Wave Analysis 4.21.2014

Recovery from 1.4468 low is still in progress. 1.4828 was the end of wave A and dip to 1.4630 was wave B. Pair can reach as high as 1.4864 –…