In this blog, I want to discuss the retreat in the COT Sentiment Net long position in the GBPUSD and what effects it can take. First off let me start explaining what the COT report is all about. The Commitments of Traders Report, short COT is a weekly market report which is issued by the Commodity Futures […]

Hello fellow traders. Another trading opportunity we have had lately is Natural Gas (NG #F). In this technical blog we’re going to take a quick look at the past Elliott Wave charts of NG #F  published in members area of the website. In further text we’re going to explain the forecast and trading setup. Natural […]

The Hang Seng Index Larger Bullish Cycles. Firstly the Hang Seng index larger bullish cycles has been trending higher with other world indices. In April 2003 it put in a huge degree pullback low. From there the index rallied with other world indices again until October 2007. It then corrected the rally as did most […]

GBPUSD Elliott wave view in short-term cycle suggests that the decline from 4/17/2018 high (1.4377) is unfolding as an impulse Elliott wave structure where bounce to 1.3607 high ended Intermediate wave (4). Down from there, intermediate wave (5) remains in progress as Elliott Wave ending diagonal structure. Ending diagonal usually appears in the sub-division of wave (5) of […]