Short term Elliott Wave view in EURJPY suggests that cycle from 3/12 peak (122.89) is unfolding as a double three Elliott wave structure where Minor wave W ended at 119.28 and Minor wave X ended at 120.45. Minor wave Y is in progress and the internal is unfolding also as a double three Elliott wave […]

Hello fellow traders. In this technical blog we’re going to take a quick look at the another nice trading opporunity we have had lately. The instrument we traded is $CHFJPY.  In further text we’re going to explain price structure and reasons why we forecasted the decline. Let’s start explanation by taking a look at past Elliott […]

The Importance of Trend Trading As many traders know, one of the most important aspects of the Trading profession is understanding the trend and how to develop a trend trading system. Many traders wants to trade every single line or move in the Market and that is the major reason why 95%-97% of the traders […]

In this Technical blog we’re going to take a quick look at the past Elliott Wave chart of IBEX chart from March 22,2017, which were presented to the clients at elliottwave-forecast.com. We are going to explain the structure & see how the index continued the rally afterwards. IBEX 1 Hour March 22 London Updated Chart Above […]