Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. CL – […]

The Bank of Japan (BOJ) will have a meeting this week on Friday, Jan 29 to decide on monetary policy and they are going to have a tough decision to make. Having introduced asset purchase program in 2013, dubbed as QQE (Quantitative and Qualitative Easing) and then in 2014 expanded the program to 80 trillion Yen ($665 billion) per year, […]

For the last few months Canadian Dollar is one the weakest currencies in the market.  It has been constantly showing the weakness against the all other currencies and our cycle analysis were suggesting the same – furhter collapse of Canadian Dollar.  At the same time Indexes were doing pull backs in weekly charts, and we were […]

Revised short term Elliott Wave cycle suggests cycle from 12/18 peak has ended with with (Y) at 115.96.  From this level, pair has bounced in 3 swings so far. Wave W is expected to complete at 117.96 – 118.32 area, then it should pullback in wave X before potentially another leg higher to finish wave (X) for a […]