Short Term Gold Elliott Wave suggests that the rally from 8/15 low is unfolding as a zigzag. The first leg Minor wave A is subdivided as an impulse. Minute wave ((i)) of A ended at 1300.83, Minute wave ((ii)) of A ended at 1274.45, Minute wave ((iii)) of A ended at 1326, and Minute wave ((iv)) […]

GBPJPY Short Term Elliott Wave suggests that the decline to 8/23 low at 139.26 ended Minor wave W. Up from there, the rally is unfolding as an Diagonal structure . Which we are viewing as part of Minute wave ((a)) of an Elliott wave zigzag structure. Where Minutte wave (i) ended at 141.40 and Minutte wave (ii) ended at 139.99 […]

In May 17th Live Trading Room, we issued a trading idea for AUDNZD . The trade was to buy AUDNZD at 1.0565 and the entry was filled on May 25th. Below is the trading journal we presented to members on May 17th Live Trading Room We subsequently put a limit target of 1.102 and the pair […]

GBPJPY Short Term Elliott Wave suggests that the decline to 8/23 low at 139.27 ended Minor wave W. Minor wave X bounce is currently unfolding as a double three Elliott Wave Structure. Minute wave ((w)) of X ended at 141.47, Minute wave ((x)) of X ended at 139.98, and Minute wave ((y)) of X is subdivided into a […]

Oil Short Term Elliott Wave suggests that the decline from 8/1 peak is unfolding as a double three Elliott Wave Structure where Minute wave ((w)) ended at 46.46 and Minute wave ((x)) ended at 48.76. Oil has since made a new low below Minute wave ((w)) at 46.46 suggesting the next leg lower has started. Wave […]

SPX S&P 500 Long Term Elliott Wave view suggests that the Index has reached the minimum target at 2234.35 to end a big cycle from an all time low. If we assume the Index starts from all-time low of 0, then the rally can be labelled as a zigzag Elliott Wave structure. The first leg […]