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Last week, the US general election took place. The whole world was in the edge about the results. Many headlines have happened since November 3rd. We have been waiting for four days until finding a result that the current president still does not accept. Traders have been at the edge and stay in front of […]
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$INDU (Dow) Elliott waves forecasting the decline
Read MoreIn this blog we’re going to take a quick look at Dow 1 Hour chart from 10th May 2016. We can see Index broke the descending trend line from the peak suggest it most likely ended the cycle from 18173.54 high. Move up from 17580.38 to 17783.16 is a 5 wave move and hence we have labelled […]
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XAUAUD Elliott Wave Update and targets
Read MoreIn February 2016, we published a blog called Gold: Will the rally extend or fail? in which we had a look at Gold cycles against major World currencies and then presented an in-depth Elliott Wave Analysis of XAUAUD (Gold – Australian Dollar) instrument. Our preferred view called for a dip towards 1606 – 1565 area followed […]
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$GBPUSD Live Trading Room – BOE Live Trading
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 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. Inflection zones […]
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The Market correlation and the game of Chess
Read MoreChess is a game which is played by many around the world, it is a game of strategy when the player tries to outsmart the opponent. Playing chess is not an easy game to play and the higher the level of completion, the better the strategy the player needs to use. A chess player can foresee […]