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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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CADJPY Short Term Elliott Wave Analysis 12.29.2015
Read MoreShort term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, wave 4 bounce is unfolding as a running triangle where wave ((a)) ended at 87.4, and wave ((b)) can still extend to as low as 86.3 before turning higher in further consolidation in wave ((c)). Any bounce is now expected to fail below wave ((a)) […]
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Test Your Elliott Wave Knowledge
Read MoreHello fellow Traders, we challenge you to Take this Quiz and test your knowledge. On the chart below you can see our h4 Elliott Wave analysis of $GBPJPY from 11.21.2015 date. Take a close look at the labeling and see if you’re able to answer 3 questions given below… 1. Rally from the 180.63 up to […]
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CADJPY Short Term Elliott Wave Analysis 12.24.2015
Read MoreShort term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, wave 4 bounce unfolded as a double three structure where wave ((w)) ended at 87.05, wave ((x)) ended at 86.5, and wave ((y)) of 4 is proposed to be complete at 87.4. Pair should now try to at least correct the rally from […]
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SILVER – GOLD VS US DOLLAR | Predicting the Reversal
Read MoreIntroduction | SILVER:XAG and GOLD:XAU Let’s start from what we know so far. Gold:XAUUSD has been devaluated by approximately 42% since 2011’s all times highs 1.920 level and Silver:XAGUSD has been devaluated by almost 73% respectively from 2011’s all times high 49.780 level. Plain and simple Gold has lost almost half of its value while […]