We bought USDCAD at 1.3030 on Oct 19 in the Live Trading Room based on the Elliott wave structure and sequence and as of Nov 8 hit our trailing stop loss at 1.3308 for 272 pips profit. Below is the trade journal we provided to the member Below is a short clip when we proposed […]

In our last video about Gold (XAU/AUD) on 8/21/2016, we forecasted a pull back in the instrument towards 1673 – 1595 area. We have now reached that area and we take another look at the instrument to see where it can go next from here and also explain what the next 1 hour cycle move […]

The Elliott wave trading setup below comes from Oct 4 Live Trading Room session. We sold GBPNZD at 1.773 and made 500 pips profit. We also sold GBPAUD at 1.683 for a 200 pips profit. Journal Video   Find more information about Live Trading Room by watching the video below or click –> Live Trading Room   Take our […]

The Elliott wave trading setup below comes from Sept 28 Live Trading Room session. $NZDCAD is showing a 5 swing sequence from 4/27 (0.8597) low and more upside is favored. Near term, pair is correcting cycle from 7/21 (0.9085) low towards 0.935 – 0.941 area before the rally resumes. We want to buy the pullback in 3, […]

Majority of Elliott wave practitioners believe trend is only in 5 waves and correction in 3 waves. We believe that assumption is wrong and a market can trend in both 5 and 3 swing sequences. In this video, we take a look at the example of NZDUSD and prove how the instrument has been trending […]

EURNOK is showing an incomplete Elliott wave sequence from the peak at 1.11.2016. We believe the pair is close to ending 3 waves down from 9.1.2016 peak and would soon bounce in 3 waves to correct the decline from 9.1.2016 peak and continue lower towards 8.9871 – 8.8478 area to end the cycle from 1.11.2016 […]