Every trader around the World relates trading XAGUSD with XAUUSD. Most of the time, they trade in what we call direct correlation, which means they agree in both swings and overall direction. Since 2015 something very interesting has happened. Gold has rallied and provided a nice impulse rally. But on the other hand, Silver has been sideways […]

Expedia is showing a well-defined Elliott Wave pattern across the market place. The Elliott Wave Principle is a form of technical analysis which we use to analyze price action and forecast the future path. Ralph Nelson Elliott proposed that market prices unfold in specific patterns which alternate between impulsive and corrective phase. The most popular structure […]

From wave ((x)) low in May 2012, Apple moved in 5 impulsive waves. Wave I ended at 82.16 and is subdivided into 5 waves. Wave II ended at 70.51 and unfolded in 3 waves. Wave III unfolded in 5 waves and ended just beyond 1.618 ext of wave I-II ending at 119.75. and is subdivided into […]

7.16.2014 GBPUSD Ending a Cycle GBPUSD made a strong push higher after a double correction lower from 1.7177 high. While above 1.7055 low, pair is expected to make another push higher toward 1.7228 (equal legs up from March low) to complete a cycle and then it should pull back in 3 waves. Last push higher […]