In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NZDJPY. In which, the rally from 24 March 2023 low unfolded as an impulse sequence and showed a higher high sequence. Therefore, we knew that the structure in NZDJPY is incomplete to the upside & should extend higher. So, […]
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Elliottwave forecast 12.2.2011 by EWF
Read MoreAsian Open / European Preview 01.12.2011 11:51 PM EDT Good Morning Fellow Traders A very dull day in the markets with most markets consolidating in tight ranges after aggressive rallies yesterday. SPX500 spent the entire day consolidating between 1250 – 1240. We have been highlighting the importance of SPX500 reaction from current levels, stating that an impulsive decline […]
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Elliottwave forecast for 11.29.2011
Read MoreNew York Open 11.29.2011 09.29 AM EST Good morning traders around the world. Last night we mentioned that a new high above 1197.9 would complete 7 swings and hence a 3 wave corrective move from Nov 25 low. SPX500 futures spiked higher following a better than expect Italian Bond Auction and reached an intra-day high of 1207. […]
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Trades from 11.5.2011 to 2.17.2012
Read MoreDATE (MM.DD.YYYY) CURRENCY POSITION LIMIT/STOP RESULT 11.12.2011 Eurusd buy 13640 13920/13600 +59 pips 11.13.2011 Eurusd Sell 13750 13540/13805 -19 pips 11.28.2011 Eurusd Sell 13356 13250/13400 -47 pips 12.2.2011 Eurcad buy 13640 13700/13600 -40 pips 12.6.2011 Eurusd buy 13340 13700/13357 +17 pips 12.8.2011 Gbpusd Sell 15760 15630/15780 +130pips 12.12.2011 Eurusd Buy 13250 13700/13210 -40 pips 12.20.2011 […]
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Elliottwave Forecast for 11.22.2011 by EWF
Read MoreAsian Open / European Preview 11.21.2011 10:51 PM EDT Good Morning Fellow Traders! USDX spiked higher at London Open after prolonged consolidation during the Asian Session. USDX structure from Nov 16 high (78.46) looks corrective to the downside where it is showing 3 waves down to 77.56 and then 3 waves up to a marginal new high […]
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Forex overview and Technical video for 11.15.2011
Read MoreAsian Open / European Preview 11.14.2011 10:12 PM EDT Good Morning Fellow Traders! USDX found strong support just above previous swing low (76.51) and rallied strongly posting big gains across the board. FX, Commodities & Equities all ended the day lower against USDX. As we have been mentioning for a while that Oil was running into strong resistance and nearin an important top. Oil […]
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Elliottwave forecast for 11.9.2011
Read MoreAsian Open / European Preview 11.08.2011 10:49 PM EDT Good morning traders! It was a Risk On day in the markets and USDX ended the day lower. Equities, Oil and Gold were the best performers on the day whereas commodity currencies heavily underperformed ending the day with small gains. We mentioned yesterday that we expect […]