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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Gold-to-Silver Ratio (AUG) Has Resumed Lower
Read MoreGold-to-Silver ratio (AUG) overshot to 126.43 during the Covid-19 scare in March 2020. This is an all-time high and arguably unsustainable when measured by many different matrices. The current ratio of 78-79 is still considered to be elevated by historical average. Below are several matrices to measure the proper level of the ratio: The pre-1990 […]
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High Frequency Trading: Has The Market Really Changed?
Read MoreThe stock market has been around for centuries. Movement in stock market is influenced by the demand vs supply factor. The simple way to explain equity market is the aggregation of buyers and sellers of stocks. It represents a percentage of claims on businesses. These may include securities listed on a public stock exchange as well as […]
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USDSGD: Wave ((iv)) Found Sellers At Equal Legs Area
Read MoreHello Traders, in this article we will go through how USDSGD reacted lower after reaching an equal legs area. Here at Elliott Wave Forecast we have in place a system that allows us to measure an area in which we can expect a react to take place. We call it equal legs area or blue […]
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TSLA: Weekly Blue Box May Lead Tesla Towards New Highs
Read MoreHello Traders, in this article we will analyze the Weekly cycle of TSLA ( Tesla ) and explain how might be calling for new highs. Tesla, Inc is an American multinational automotive and clean energy company headquartered in Austin, Texas. It designs and manufactures electric vehicles (electric cars and trucks), battery energy storage from home […]
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SPY ETF: Wave ii Pullback Found More Buyers In Blue Box
Read MoreHello Traders, in this article we will analyze our forecast for SPY ETF in the short term cycle. Since the short term peak of SPY from 05.30.2023 to end wave i of (iii) we have been expecting a pullback within wave ii to take place. Thereafter, we were expecting more upside within wave iii. Here […]
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META: Wave (iv) Found Buyers Within Blue Box Area
Read MoreHello Traders, in this article we will analyze our forecast for META in the short term cycle. Since the short term peak of META from 05.22.2023 to end wave (iii) we have been expecting a pullback within wave (iv) to take place. Here at Elliott Wave Forecast we have in place a system that allows […]