Daud Bhatti

By Daud Bhatti    February 4, 2014    - 1 min read

$NZDUSD: Wave B nearing completion

Pair has broken 0.8078 low and we believe wave A completed at 0.8059. Wave B is in progress as FLAT and can get rejected between 0.8202 – 0.8245  area for…

By Daud Bhatti    January 31, 2014    - 1 min read

$TNX (US 10 year yields) showing 7 swings down

Preferred view suggests a cycle from 7.25.2012 has ended and 10 year yields are correcting the entire cycle now. Another swing lower to 2.56% could  still be seen to complete…

By Daud Bhatti    January 30, 2014    - 1 min read

$HG_F (Copper) Triangle thrust looks completed

Preferred view suggests metal has thrust lower from the triangle and wave B appears to have completed with a test of 3.223. Metal is now expected to turn higher. In…

By Daud Bhatti    January 28, 2014    - 1 min read

$TNX (10 year yields) 1 Hour Elliott Wave Analysis

Preferred view suggests a cycle from 7.25.2012 has ended and 10 year yields are correcting the entire cycle now. Expect a test of 2.634 – 2.687% to complete 7 swings…

By Daud Bhatti    January 27, 2014    - 1 min read

$HG_F (Copper) Triangle thrust in progress

Preferred view suggests metal has thrusted lower from the triangle and is currently in wave ( b ) of triangle thrust. After wave ( b ) completes, expect more downside…

By Daud Bhatti    January 23, 2014    - 1 min read

$IBEX wave ( B ) still in progress

Index is breaking below the channel support but more importantly 1.3.2014 (9723) pivot has given up in our  system due to which we believe Index has completed a cycle from…

By Daud Bhatti    January 22, 2014    - 5 min read

Bias in Trading

  Bias is a word many traders use in the daily trading. Bias has a very wide definition but the most important one related to trading is (mental tendency or…

By Daud Bhatti    January 14, 2014    - 1 min read

$GC_F (Gold) 1 Hour Elliott Wave Analysis Jan.14.2014

Cycles from 1363 & 1434 highs have ended and yellow metal is trading higher. Initial move up from 1182 - 1248.50 was in 3 waves which we have labelled as…

By Daud Bhatti    January 13, 2014    - 1 min read

$EURAUD breaks lower as expected

Preferred view suggests wave (( B )) has completed at 1.5355 and pair has resumed the decline in wave (( C )). Wave B pull back is expected to fail…