Hello fellow Traders, we challenge you to Take this Quiz and test your knowledge. On the chart below you can see our h4 Elliott Wave analysis of $GBPJPY from 11.21.2015 date. Take a close look at the labeling and see if you’re able to answer 3 questions given below… 1. Rally from the 180.63 up to […]

Elliott Wave FLAT structure is one of the most common corrective patterns nowadays, after Double Three WXY. As you might already know, there are 3 types of Flats: Regular,Running and Expanded. In todays lesson, we’re going to explain Expanded flat pattern. Before we continue, short reminder: check out New EWF blogs and Free Elliott Wave charts. […]

We have 2 important news events for British Pound on Wednesday 12.16.2015 -Average Earnings Index at 9:30 AM GMT (UK Time) -Claimant Count Change at 9:30 AM GMT (UK Time) Both news events could bring some volatility into GBP pairs on Wednesday morning, however $GBPUSD will be more affected by the $USDX reaction on the FOMC events at evening […]

We have 2 important news events for Canadian Dollar tomorrow on 12/08 2015 : -Building Permits  at 1:30 PM GMT(UK  Time) / 8:30 AM EST -Bank Of Canada Governor Stephen Poloz Speaks at 5:50 PM GMT(UK Time)/ 12:30 PM EST Both news events should ideally bring some volatility into CAD pairs, so they could finally complete current cycles. […]

Services PMI December 3 at 9:30 AM GMT/ UK  Time PMI (Purchasing Managers’ Index ) is one of the leading indicators of economic health and this announcment could bring some volatility in the GBP pairs on Thursday. Many retail traders will be looking the announcment at 9:30 AM GMT/ UK  Time. As we know so […]

In this blog we’re going to take a qucik look at the $OIL Elliott Wave chart from the 11.10.2015 to explain the structure and our view. We were forecasting the decline in $OIL from marked 50-76.4 fib ret zone: 44.37-77.78 toward h4 equal legs (W)-(X) :  40.13 area $OIL 11.10.2015 London As we can see […]