A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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EURAUD Short-term Elliott Wave Analysis 11.11.2016
Read MoreEURAUD Short Term Elliott wave cycles suggests that decline to 1.418 ended wave W and bounce to 1.4885 ended wave X. Decline from there is unfolding as a double three where wave (w) ended at 1.407. Wave (x) bounce is in progress in 3, 7, or 11 swing to correct cycle from 11/9 peak (1.4885) before turning lower. […]
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EURAUD Short-term Elliott Wave Analysis 11.10.2016
Read MoreShort Term Elliott wave cycles suggests that decline to 1.418 ended wave W and bounce to 1.4885 ended wave X. Decline from there is unfolding as a zigzag where wave (a) is in progress as 5 waves and a marginal low is expected to end wave (a) before cycle from 1.4885 ends. Afterwards, expect a wave (b) bounce […]
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$AUDUSD Elliottwaves forecasting the rally and buying the dips
Read MoreThe Video below is a short capture from the Live Trading Room held on September 13th by EWF Technical analyst Hendra Lau. In the first part, Hendra explained some basic rules of money management that every trader should be aware of, how to avoid overleveraging by spliting the position size within the instruments of the […]
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$CADJPY Elliott Wave Zig Zag pattern
Read MoreHello fellow traders, in this technical blog we’re going to explain what Elliott Wave Zig Zag pattern looks like on real market example CADJPY price structure. Before we take a look at the $CADJPY chart, lets get through some basic EW theory and explain Zig Zag in a few words. Zig zag is the most […]