Tag Archives : Elliott Wave Theory


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

Doji Reversal

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 [...]


US Dollar Index Technical Analysis – 16 May 2013

US Dollar Index Technical Analysis – 16 May 2013 In yesterday’s review of US Dollar Index we said that the bias is to the downside but US Dollar Index went up instead. When we published the article, US Dollar Index was trading at 83.81 and it went down a bit to 83.67 before heading higher [...]

US Dollar Index Hourly Chart 16 May 2013

US Dollar Index Hourly Chart 15 May 2013

US Dollar Index Technical Analysis – 15 May 2013

US Dollar Index Technical Analysis – 15 May 2013 Primary View Our target of 83.75 for US Dollar Index has been reached. The 83.75 level is 1.618 times of wave 1 as shown in the below Hourly US Dollar Index Chart. This is a normal relationship according to Elliott Wave Theory. This paves the way [...]


Elliott Wave Analysis of OCBC Bank

Elliott Wave Analysis of OCBC Bank This is the Elliott Wave Analysis of OCBC Bank listed on the Singapore Stock Exchange. OCBC share price has formed a rounding top as can be seen in the below daily chart. The OCBC share price hit a high of 9.93 on 03 Jan 2013 and has come down [...]

OCBC Bank Price Chart - 19 Jan 2013