Nikkei Short Term Elliott wave cycles suggests that decline to 16140 ended wave (X). Rally from there is unfolding as double three where wave W ended at 17635 and wave X ended at 17291. Near term focus is on 18207 – 18427 area to complete wave ((w)), then it should pullback in wave ((x)) in 3, 7, or 11 […]

Many traders overlook the process of selecting the right instruments to trade. Trading is a process which requires a lot of discipline and a good technique to be consistently profitable. Selection is one of the aspects which can define the life of a trader because without the right selection process, most traders are going to […]

In this technical blog we are going to take a quick look at the $EURGBP 4 hour chart dated: 7th of November 2016. Pair since the October 7th peak (0.9224) was showing lower lows & lower highs, also was missing the extreme from the peak favored another push lower in the pair to happens to […]

Amazon is one of the fewest company that kept a strong portfolio during the recent decades even after 2 stock market crises . The company issued its initial public offering of stock on 1997, trading under the NASDAQ stock exchange symbol AMZN, at a price of $1.50 per share and since then the price just kept rising […]