At the middle of September our Elliott Wave analysis for GBPUSD  suggested that cycle from the 1.6062 low isn’t completed at 1.6278 , just only the first leg W. The price had given us decline in wave X and reached our potential reversal area. Another 3 wave rally from marked zone 1.6170-1.6145 was expected. Let’s […]

In today’s trading environment, market seldom moves in 5 impulsive waves and 3 waves corrections like in the past. Today’s market is driven by High Frequency Trading and algos, and it moves in corrective manner most of the time with equal leg ABC or WXY ruling the market. In this blog, we will take a look at equal […]

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 from 12:00 PM  EST (5:00 PM BST), join Dan there for more insight into these proven methods of […]

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 from 12:30 PM  EST (5:30 PM BST), join Dan there for more insight into these proven methods of trading. USDJPY […]