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William Gann was born in 1878. Trying hand at stock exchange where he used his own funds, he released that a special expertise is required to trade. He researched the market and could calculate a precise time of reversals even for the year before.

Elliott waves for Forex correlation analysis

2016 EURUSD GBPUSD USDJPY
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Wave Analysis Euro is currently trading with an increasing bearish momentum. Yesterday, the pair crushed to the lower side and is still pretty much bearish on the daily chart. As long as USD/CHF remains bullish, we expect a possible bearish wave count towards $1.084 or even lower in Euro. The curre

Wave Analysis Yesterday, the Cable sustained the breakout above the consolidation zone, 1.2394-1.24384, and is still trading with an increasing upward momentum. We expect a possible bullish wave count towards $1.2701 or even higher. In the meantime, we sit on the fence and wait for a breakout above

Wave Analysis Earlier today, the corrective wave (c) traded short as anticipated but could not go beyond the the end of the impulsive wave (a). The just witnessed three wave cycle is a flat correction, with the impulsive wave (c) not going beyond the end of wave (a), there is less momentum to the l

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