Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]
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USDX forecasting the decline after Flat
Read MoreHello fellow traders. In this technical blog we’re going to take a quick look at the past Elliott Wave charts of Dollar Index published in members area of www.elliottwave-forecast.com. We’re going to take a look at the price structures of USDX , count the swings and explain the forecast. USDX 4 hour update 05.09.2017 As our […]
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Elliott Wave Theory: Is Elliott’s Theory enough?
Read MoreUnderstanding Elliott Wave Theory As many traders know, The Elliott wave Theory is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Elliott’s Theory was developed by Ralph Nelson Elliott and […]
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EURNZD Double Three Elliott Wave Structure
Read MoreEURNZD rally this week failed as pair found sellers in 1.5355 – 1.5399 area and made new lows below 1.5149 low. With the new low seen today, pair is now showing 5 swings sequence down from 3/24 (1.5485) peak. 5 swings means the sequence is incomplete and pair is in need of another swing lower to […]
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How to map the Market using Elliott wave Theory
Read MoreThe Importance of Trend Trading As many traders know, one of the most important aspects of the Trading profession is understanding the trend and how to develop a trend trading system. Many traders wants to trade every single line or move in the Market and that is the major reason why 95%-97% of the traders […]
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US Dollar Index: Elliott Wave Forecasting the Decline
Read MoreOne of the most popular consensus in 2017 among the analysts is a stronger U.S. Dollar due to the Fed in rate hiking cycle and also Donald Trump promising infrastructure spending, tax reform, which are all supposedly US Dollar positive. At Elliottwave Forecast, we listen to the market through our technical analysis using Elliott Wave, […]
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Check your Elliott Wave knowledge
Read MoreHello fellow traders. As you may have noticed, we were doing a lot of free educational blogs, explaining various Elliott Wave Patterns through real Market examples. Now we challenge you to Take this short test and check your Elliott Wave knowledge. Test your Elliott Wave knowledge Chart below is our Elliott Wave forecast of NZDJPY […]