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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5 wave move in Elliott Wave Theory
Read MoreIn this video we take a look at 5 wave structure. We take a look at rules to label a move as an impulse and also highlight the fact that wave 1, 3 and 5 of an impulse need to further sub-divide in 5 waves and wave 5 should provide divergence in RSI with respect […]
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Elliott Waves forecasted the break lower in AUDUSD
Read MoreSince 2011 AUDUSD is on a corrective WXYZ Elliott Wave structure on the weekly chart. On the bigger time frames (Weekly, Daily and 4h) AUDUSD has been moving on a clear down trend. So to enter a trade you must ask yourself, which side would you trade this pair. Would you BUY or SELL it? […]
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$DAX Short-term Elliott Wave Analysis 3.17.2015
Read MorePreferred Elliott Wave view suggests rally to 11455 completed wave (( w )) and dip to 11186 completed wave (( x )) as a FLAT correction. Wave ((y)) ended at the top and best reading of the cycles suggests that this pull back would turn out to be another wave ((x)) finding buyers in 3, 7 […]
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Expanded / Irregular Flat Elliott Wave Structure
Read MoreAn Elliott Wave Flat structure is a 3-3-5 structure and has three different types: Regular Flat, Expanded / Irregular Flat, and Running Flat. In this blog, we will take a look at an example of expanded / irregular Elliott Wave structure with $GBP/USD chart. Let’s take a look at the 4 hour chart below: […]