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 at 8:00 AM  EST , join Dan there for more insight into these proven methods of trading. EUR/AUD Live […]

Here is a quick video update on XAUAUD (Gold-Australian dollar) structure to see what progress we have made since the last video update. Instrument made a new high above 1759.73 as expected and now has minimum number of swings in place to call the cycle from 4/19 and hence 4/1 lows completed. However, while above […]

Short term Elliottwave structure suggests wave “b” is proposed over at 1156.07. Decline from there is unfolding as a double three structure where wave (W) ended at 1101.57, and wave (X) bounce ended at 1129. Wave (Y) of ((W)) is in progress as a triple three where wave ((w)) ended at 1101.26, wave ((x)) ended at 1119.68, […]

Trend: Applying the concept the trend is your friend Many traders like to trade every single swing in the market. In reality, unless you trade as a High Frequency Trading machine or you are a market maker, it is almost impossible to trade every single swing. After years of trading and suffering shallow bounces and losing some money, I realized it is better […]