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SPX bullish Elliott Wave Setup
Read MoreUS Indices remain bullish and dips have been presenting buying opportunities. Let’s take a look at a recent buy setup in SPX and INDU. Using Elliott Wave Principle we knew that initial drop in SPX from 1891 – 1866 was in 3 waves, so we were expecting this high to break once the correction finished. […]
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The GBPJPY – Equal Legs Inflection
Read MoreHere 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 to your advantage. The Live Trading Room is held daily from 11:30 AM EST until 1:30 PM EST, join Dan there for more insight into these proven methods of […]
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EURUSD: Tracking using NEW Elliott Wave Theory
Read MoreUsing Elliott Wave Theory, we knew that drop from 1.3968 had a corrective structure and Elliott wave analysis on higher time frames was suggesting that pair was poised to make new highs. Therefore, we forecasted that drop from 1.3968 will provide another buying opportunity. Let’s take a look at some charts from members area to […]
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$USDCAD 1 Hour Elliott Wave Analysis (5.8.2014)
Read MorePair has been declining since forming a peak @ 1.1054 on 4.23.2014. Initial decline to 1.0938 was in 3 waves which we have labelled as wave A. According to Elliott Wave Principle, wave B would normally end between 50 – 76.4% area of wave A, that’s exactly what we saw here. Pair is now approaching […]