Tag: TRADING

In our previous analysis on the Russian MICEX index we stated that the drop-off in the Russian stock market would have happened with or without...

Gold could slow down after 11 weeks of steady rise. The chart below suggests that gold has completed three out of five possible waves...

In our opinion GBPUSD could provide two opportunities. The first one is to sell. On the 15-minute chart we have to wait for wave...

An impulsive advance in combination with a flat correction, suggests that USDCAD could go higher. If we add the 38.2% Fibonacci level to the...

China’s economic health is represented by the Shanghai index. Since the 2007-2008 crash China has been having huge difficulties standing up. There has been...

That five-wave decline on the 5-min chart means that Crude Oil is heading lower. Now could be the time for an upside movement, but...

Industrial copper is a leading indicator of the economy’s health and moreover the strength of the world’s industry. The uptrend in copper coincides with...

On the 1-hour chart of General Electric’s shares we have something that looks like a perfect Elliott Wave 5-3 cycle. Prices fell impulsively from...

We are detecting a possible impulsive rally for Bitcoin, which started on 21st of February after falling more than 92% and bottoming at 95...

Crude Oil extended its five-wave decline, dropping by more than 5$, from 105,25 to 100,10, despite the Russia-Ukraine conflict. So, from a fundamental point...

Not many changes since our last post on USDJPY, except the better entry, which we now have for a long-term position. On the 4-hour...

The shares of Alcatel-Lucent SA have been dropping significantly from 13.80 to 0.70. As shown on the weekly chart, this decline is in impulsive...

Nikkei is a stock market index on the Tokyo Stock Exchange. It is the most quoted index in Japan, similar to Dow Jones Industrial...

Crude oil is confirming our bearish outlook on the 10 min chart. A complete impulse to the downside means that we have to prepare...

After a long and steady rise in wave 3 from September 2011 to January 2014, during which prices soared from 35 to 104 ,...

Siemens AG’s shares are looking bearish on the 1-hour chart. A 10 $ drop-off in five waves from 101 to 91, followed by a 3-wave...

The first chart below was posted on our Facebook page on November 27th 2013. Bitcoin was at its record highs around 1100-1200 back then,...

Infographic representation of the history of the financial markets since the ancient times through the Wall Street establishment until now.

In order to make a reliable analysis, based on the Elliott Wave Principle, one has to be able to find the different patterns that...

Gold could afford interesting selling opportunity, if price falls below 1340. If this happens, the first target of 1320 offers a risk/reward ratio of...

On the chart of McDonald’s below you can see a clear 5-wave impulse to the upside with a fifth wave extension. 5th wave extensions...

EURUSD has been very annoying with all those new lows and new highs since the middle of January. “New lows and new highs”, is...

In terms of position of occurrence, wave structure and consequences the expanding triangle is the same as the regular contracting triangle. It can occur...

Gold is looking bearish on the 5-minute chart. An intraday trading idea is shown on the chart below. Risk/reward ratio is at least 2,5:1.

A very clear 5-wave decline can be counted in USDJPY, starting from the orthodox top at 104.92, where the fifth wave truncation ended. The...

Crude oil is in its seventh straight week of steady rise, but is it now the time to be a buyer? In order to...

It looks like the recent rally on AUDUSD could be limited to the 0.9150 area. If this happens, we will have a complete expanding...

The decline that started from 1.2391 seems to be at its final stages now. The chart of EURCHF depicts a complete 5-wave impulse to...

The chart below was posted on our Facebook page on January 2, when the price of gold was 1210 $. We would like to...

The US dollar has been behaving quite well despite of the bad fundamentals, because the market is driven by social mood, not economic news....