In this Blog, we will have a look at the bigger picture of EURUSD pair. One of the reasons why retail traders fail in trading is because they stick to one time frame, analyse that and trade that accordingly. However, traders with this approach will not last long in this business. One of the key elements […]

Consumer Staple Sector (XLP) is Underperforming Consumer Staples Select Sector SPDR ETF (XLP) is a basket of 34 companies in the consumer staple sector from the S&P 500. The fund’s holdings are nearly all large-caps. This sector usually shows comparative strength during period of market turmoil. They have also been a popular choice for income […]

USDX Elliott Wave view in short-term cycle suggests that the decline to 89.22 ended Intermediate wave (B) as Elliott Wave Zigzag correction. Above from there, Intermediate wave (C) remains in progress as Elliott Wave Impulsive sequence with extension looking for further extension higher. The internal distribution of each leg consists of 5 waves structure with […]

Straits Times Index (STI) is regarded as the benchmark index for the Singapore stock market. It tracks the performance of the top 30 companies listed on the Singapore Exchange. It is jointly calculated by Singapore Exchange (SGX), Singapore Press Holdings (SPH) and FTSE Group (FTSE). Applying the One Market concept , we know that major world […]