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 before ending the cycle from 8/26 low. Afterwards, a pullback in wave x is expected to take place to correct the rally from 8/26 low […]

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 profit. Each day in Live Trading Room, members attending the session will receive a similar trading journal like the one below for 26 instrument we cover   […]

Preferred Elliott wave count suggests that rally to 78.79 ended wave X. Decline from there is unfolding as a double three where wave (w) is proposed complete at 77.31. Wave (x) bounce is currently in progress towards 78 – 78.15 area, then pair is expected to extend lower or at least pullback in 3 waves to correct rally […]

Preferred Elliott wave count suggests that rally to 78.79 ended wave X. Decline from there is unfolding as a double three where wave (w) is proposed complete at 77.31. Wave (x) bounce is currently in progress towards 78 – 78.15 area, then pair is expected to extend lower or at least pullback in 3 waves to correct rally […]

We issued a buy order for $GBPJPY on Aug 18 Live Trading Room and got filled on Aug 19 at 130.97. We took profit on Aug 24 at 132.6 for a +163 pips profit. Here’s the trade setup at 8/18 Live Trading Room Journal. Each day in Live Trading Room, members attending the session will receive a similar journal like the […]

Preferred Elliott wave count suggests that rally to 78.79 ended wave X. Decline from there is unfolding as a double three where wave (w) is proposed complete at 77.31. While near term wave (x) pullback stays above there, expect the pair to turn higher in wave y of (x) before the decline resumes again. We don’t like buying the […]