Short term Elliottwave structure suggests cycle from 7/9 low is unfolding as a double three where wave W ended at 1.884 and wave X ended at 1.839. Rally from 1.839 is in progress as a double three where wave ((w)) is expected to complete at 1.894 – 1.9026 area, then it should pullback in wave ((x)) […]

Let’s start by getting one thing straight: trading is not easy. There are so many pitfalls and traps that people create for themselves, even before they look at a chart. That’s right; most traders are setup to fail before even considering the validity of their system, or their style of trading. This is mainly because, […]

As Humans, we tend to form a worldview about everything. For generations, many great individuals have fought wars and lost lives because they have a firm belief in a particular worldview. The same thing can be applied in trading. In the world of trading, we too tend to have particular view about the direction of the market. However, as […]

Short term Elliottwave structure suggests rally from 7/6 low is unfolding as a double three where wave (w) ended at 6703.09 and wave (x) pullback is in progress towards 6587.2 – 6609.45 area before turning higher one more leg towards 6810.46 – 6845.1 area to complete wave (W) and end cycle from 2/11 low. Index has reached […]