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,…
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)…
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)…
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…
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…
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)…
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…
$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…
$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…
