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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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EURCAD Short Term Elliott Wave Analysis 11.03.2015
Read MoreShort term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a double correction. The first leg of the decline wave (a) ended at 1.4374, wave (b) bounce ended at 1.455, […]
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$DAX : Elliott Wave Zig Zag Pattern
Read MoreZig-Zag is the most famous corrective pattern in Elliott Wave Theory, but in reality we don’t see it very often. These days we could see very nice zig zag pattern that forming in DAX h1 chart. Before we take a look at real example we will explain the Elliott Wave pattern first. Zig zag iz 3 wave corrective […]
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Winning or Misery and the Market Psychology
Read MoreWinning or Misery and the Market Psychology As everyone knows, the market has two sides and is very hard to forecast with a higher degree of acceptances. Market participants sometimes tend to forget the simple ideas that there are two sides trying to make money and been winners. The reality is that most traders lose […]
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EURCAD Short Term Elliott Wave Analysis 10.29.2015
Read MoreShort term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a zigzag. The first leg of the decline wave (a) is in progress as 5 waves. From 1.4668 high, the […]