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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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Is it time to buy Indices yet? China may provide an answer
Read MoreGlobal Market Selloff Global Indices sold off strongly to start 2016 in a risk off sentiment. Shanghai Composite Index led the global index selloff with the catalyst being the PBOC (People’s Bank of China) setting a much weaker than expected Yuan fixing from 6.49 to 6.56 through Thursday in the first week of 2016. Below is the weekly market performance […]
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$USDCAD Short Term Elliott Wave Analysis 01.13.2016
Read MoreShort term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X ended at 1.406, and pair has resumed higher in wave Y towards 1.44 area. Near term, rally to 1.431 ended wave ((w)), wave ((x)) pullback is proposed complete […]
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USDCAD Trade Setup Jan 10, 2016
Read MoreHere is a quick look at the areas that we highlighted for buying USDCAD in Daily Elliott wave setups video from 1/10. USDCAD found buyers in 1.4112 – 1.4096 area and turned higher. Plus members should be long and have a risk free trade with the pair. To find out precise targets and to get access to our […]
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$USDCAD Short Term Elliott Wave Analysis 01.12.2016
Read MoreShort term Elliott Wave cycle suggests rally from wave (X) low at 1.38 is unfolding in a double three structure where wave W ended at 1.417, wave X FLAT ended at 1.406, and pair has resumed higher in wave Y towards 1.44 area. Near term, rally to 1.423 ended wave (a), and pair is in wave […]