One of the common challenges to practicioners of Elliott Wave principle is that the technique is subjective. There’s a saying that if you put 10 different Ellioticians together in the same room, they will all come up with a different Elliott Wave count. During our 20 years of experience with Elliott Wave Theory, we find […]

In either a bullish or bearish market,  whether the Elliott Wave trend is up, down, or the cycle and degree of the wave is either bullish or bearish, wave five targets can be obtained these following three ways in any degree of trend. This list is not definitive in any particular order of preference because […]

Preferred view is  that cycle from 22.17 high is over i.e. wave ( A ) and wave ( B ) bounce is in progress. Following a pull back in wave B (which can reach as low as 19.09 – 19.25) metal is expected to turn higher in wave C which can reach as high as […]

NZDUSD has been moving higher against USD for the last few days. Yesterday (11 June 2014), pair made a spike lower followed by a sharp move to the upside and then we heard people saying it was due to the rate decision from the Bank of New Zealand (and we still don’t know what they […]