Tag Archives : Elliott Wave Principle


High Confidence Trade Strategy

High Confidence Trade Strategy What is this High Confidence Trade Strategy is all about? Well, I get two major reactions from people when it comes to Elliott waves. The first reaction is that it is too difficult to learn and practice as it can be quite subjective. The second reaction I get is that a [...]

High Confidence Trade Strategy Using Elliott Wave Principle

USDJPY Resistance Daily Price Chart - 22 Nov 2013

USDJPY Completion of Wave 3 – 22 Nov 2013

USDJPY Completion of Wave 3 – 22 Nov 2013 The wave 3 of the bullish run up has likely completed and USDJPY resistance zone has appeared. The implications of these is explained in this USDJPY Technical Analysis. As you know, we have been bullish on USDJPY for sometime now. But the price never goes up [...]


Elliott Wave Analysis and Candlesticks

Elliott Wave Analysis and Candlesticks In this article on Elliott Wave Analysis and Candlesticks, some of the shortcomings of Elliott Wave Analysis is presented as well as how these shortcomings can be overcome by using Candlesticks chart analysis. First up, one of the major shortcomings of Elliott Wave Analysis is identifying quickly the turning points [...]

Doji Reversal

Crude Oil Technical Analysis - 24 Sep 2013

Crude Oil Technical Analysis – 24 Sep 2013

Crude Oil Technical Analysis – 24 Sep 2013 In this article, we bring another crude oil technical analysis from where we left off previously. Crude oil has moved higher in an impulsive fashion for the past few weeks. But, the move is looking lethargic. Crude oil is also approaching the top of the trend line [...]


US Dollar Index Technical Analysis – 11 May 2013

US Dollar Index Technical Analysis – 11 May 2013 The US Dollar Index has surged upwards as we had forecast. Our target was 83.75 and it has thus far reached as high as 83.51. Here’s the updated Hourly US Dollar Index Chart. In yesterday’s review, we said that the US Dollar Index needs to break [...]

US Dollar Index Hourly Chart 11 May 2013