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EWFHendra

By EWFHendra    September 5, 2016    - 1 min read

Gold $XAUUSD Short-term Elliott Wave Analysis 9.5.2016

Short term Elliott wave count suggests that decline to 1302.33 on 9/1 low ended wave (W). Rally from there is unfolding as a triple three where wave ((w)) ended at 1315.23,…

By EWFHendra    September 2, 2016    - 1 min read

Gold $XAUUSD Short-term Elliott Wave Analysis 9.2.2016

Short term Elliott wave count suggests that rally to 1342.26 ended wave ((x)). Decline from there is unfolding as a double three where wave (w) ended at 1318.2 and wave (x)…

By EWFHendra    September 1, 2016    - 1 min read

Gold $XAUUSD Short-term Elliott Wave Analysis 9.1.2016

Short term Elliott wave count suggests that rally to 1342.26 ended wave ((x)). Decline from there is unfolding as a double three where wave (w) ended at 1318.2 and wave (x)…

By EWFHendra    August 31, 2016    - 5 min read

The importance of a Trading Journal

One of the best practices when it comes to trading is to have a trading journal. Think of a trading journal as your battle plan / strategy. Traders should spend time to analyze the…

By EWFHendra    August 31, 2016    - 4 min read

Elliott wave: The probability behind trading

Elliott wave is a pattern-based forecasting tool. The Theory was developed in 1930 and it is known for the idea that the Market advances in 5 waves and pullback in…

By EWFHendra    August 31, 2016    - 1 min read

Gold $XAUUSD Short-term Elliott Wave Analysis 8.31.2016

Short term Elliott wave count suggests that rally to 1342.26 ended wave ((x)). Decline from there is unfolding as a double three where wave (w) ended at 1318.2 and wave (x)…

By EWFHendra    August 30, 2016    - 3 min read

How far will USD rally? Gold may provide the answer

Fed Chairwoman Janet Yellen and other Fed members gave hawkish comments at Jackson Hole meeting last week, boosting the U.S. dollar against several currencies. Janet Yellen suggested that in light of the…

By EWFHendra    August 30, 2016    - 1 min read

$AUDNZD Short-term Elliott Wave Analysis 8.30.2016

Preferred Elliott wave count suggests that decline to 1.0384 on 8/26 ended wave X. While pair remains above the level, expect further upside to 1.0488 - 1.051 area to complete wave w…

By EWFHendra    August 29, 2016    - 1 min read

$NZDUSD Live Trading Room Setup from 8/17

We issued a market buy order for $NZDUSD on Aug 17 Live Trading Room. We adjusted the target profit on Aug 23 to 0.738 and took profit on Aug 26 for a +144 pips…