Decline from wave ((X)) at 2.21 unfolded in a double three structure WXY where wave W ended at 2.167, wave X ended at 2.193, and wave Y of (W) ended at 2.151. Wave (X) bounce is currently in progress and may reach as high as 2.181 – 2.194 (50 – 61.8 back from 2.21) before turning lower. We […]

  We have seen a sharp sell off in the Russell 200 Index since the 23rd of June, 2015 however think it is a corrective double three decline from the 129.13 high down to the 108.26 lows of August 24th . We think this is most likely a wxy structure and part of a larger […]

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. GBP/USD Live […]

Another instrument which has given us nice trading opportunity is EURJPY. As we forecasted,the pair reached important technical area at 139.849-139.924 that was marked as Red Box on EWF charts (Red Box presents sell recommendation). Now, let’s take a quick look at H4 charts from 8.9.2015. $EURJPY H4 Weekend Update 8.9.2015 The chart suggests the pair is […]