A 5-wave trend can be reversed by a 3-wave countertrend that is full of corrective wave patterns in Elliott Wave Theory. The Elliott... Continue reading
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Trading Blog
Introduction to Elliott Wave Theory Elliott Wave Theory was developed by Ralph Nelson Elliott — a professional accountant who went to work trying to... Continue reading
MON: Eurogroup Meeting, New Zealand Inflation Forecasts (Q2) TUE: OPEC MOMR, German Final CPI (Apr), UK Jobs Report (Apr/Mar), German ZEW Survey (May), US PPI... Continue reading
As I watch the forex market continually get jerked around, including news algos, which react to headline keywords rather than the substance of a... Continue reading
Is Scalping Right for You? Scalping is a trading style that focuses on taking small profits in the shortest period. Scalpers can place up... Continue reading
A trading plan is a critical component of success for any forex trader. Without a trading plan, it is very easy to make rash... Continue reading
Truly professional traders know that it is their responsibility to trade with the best and most useful tools possible in order to achieve the... Continue reading
After weeks of so many speculations and questions : “ Is BoJ going to intervene and where “ we got a simple answer –... Continue reading
Yesterday we have seen a strong move Up , driven by the data . Resistance at 1.06700 was taken out ( now acts as... Continue reading
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that... Continue reading
The types of breakouts in trading that you are looking for in the Forex market tend to fall into three categories. They are: Â Continuation... Continue reading
Volatility is something that traders always need to keep an eye out for. It can create opportunities in the market to take advantage of... Continue reading
Showing 37–48 of 91 posts