Divergence between prices behaviour and the MACD indicator.

Divergence means a discrepancy, inconsistency. The discrepancies in the prices behaviour can be observed in the relation to any indicator. And even in relation...

SIMPLE CORRECTION – the key to trading with main trend

Simple ABCD correction appears in trends and in the movements opposed to the main trend. You can see it at every time-frame (TF). Ideal...

An exemplary trading system breakout from the night channel

One of the simple trading system is the so-called „breakout from the night channel”. This system works well for the currencies and futures markets....

Overbalance Price Action – Strategy Based on Trend

Overbalance Price Action is a strategy which use classic definition of trend supported by Price Action setups. Below we present exact description with charts. Trend...

Wide View Strategy – WiViSt description

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is enter in transaction at the end of correction which...

Harmonic Trading – System Description

System DetailsThe appearance of one of the described patterns:Retracement measured by “Fibonacci Measurement”:Internal retracement: 0.236, 0.382, 0.5, 0.618, 0.786, 0.886;External retracement: 1.272, 1.5, 1.618,...

Elliott Wave Theory Description

Many beginners people dissecting Elliott wave theory has a problem with the practical application of the knowledge gained. The big problem are numerous alternatives...

EURUSD Weekly S/R Strategy Description

System DescriptionWe start on weekly chart. We treat two neighbor candles as setup. Height of the candles doesn’t matter. It is only important that...

NEWS

GBPJPY – For Patient Traders (SELL)

GBPJPY (M30) According to the EMA 144 Strategy  we wait for the SELL signal. EMA 144 is...

Trading Based On EMA 144

Moving averages are one of the most often used indicators available to traders. What average should...

AUDJPY – Inside Bar On Resistance

On daily chart of AUDJPY was formed an inside bar formation where yesterday's candle is closed in...

Trading Price Action Patterns -GBPUSD 27/02/17

I see great potential for GBPUSD to return to further growth. Price after breaking from...

Trading Inside Bars -NZDUSD 13/02/17

Trading Inside Bars –under this heading you will find analysis made on  basis of one...

March FOMC Fed interest rate hike stopping Trump rally

Monthly S&P500 Emini futures candlestick chart: Buy climax at the Final Bull Flag measured move targets...

Al Brooks Price Action: Emini Island Top And Island Bottom Bull Flag

Monthly S&P500 Emini futures candlestick chart: Bull breakout is losing momentum The monthly S&P500 Emini futures candlestick...

Al Brooks Price Action: Zero Sum Game and Eternal Bull Market

The Dow will break strongly above 20,000, even if it falls to 10,000 first! That...

Al Brooks Price Action: Emini weekly update

Monthly S&P500 Emini futures candlestick chart: Hesitation at the all-time high The monthly S&P500 Emini futures candlestick...

Al Brooks Price Action: Waiting for Brexit

Tuesday was a trading range day. The Emini is trying to be neutral going into...

Ichimoku analysis – GBPUSD, USDJPY, AUDUSD – July 13th

The correction at GBPUSD has reached to support Tenkan-sen and 1.3184 (4/8) line. However, the...

Ichimoku Kinko Hyo – AUDNZD, GBPJPY, EURGBP – July 7th

AUDNZD If we want to join the trend, the best solution is to wait for correction...

Ichimoku Kinko Hyo – GOLD, SILVER, WTI – July 1st

GOLD Fourth session of consolidation, first level of support is set by (2/8) 1312.50 line and...

Ichimoku Kinko Hyo – EURUSD, USDJPY, AUDUSD – June 28th

EURUSD Correction of last decreases stopped at (3/8) 1.1108. The most important resistance is at Kijun-sen...

Ichimoku Kinko Hyo – GBPUSD, USDCHF, USDCAD – May 31st

GBPUSD New week started above Kijun-sen 1.4537 support and the closest resistance is (4/8) 1.4648. If...

WiViSt Strategy Setups – APPLE, BANK OF AMERICA

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is...

WiViSt Strategy Setups – USDJPY, SILVER

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is...

WiViSt Strategy Setups – CADJPY, EURJPY, Coca-Cola

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is...

WiViSt Strategy Setups – BANK OF AMERICA, GOOGLE

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is...

WiViSt Strategy Setups – USDCAD, NZDUSD

Wide View Strategy (WiViSt) is a typical trend following strategy. Purpose of this strategy is...

Harmonic Trading – Bat Pattern on EURGBP

Harmonic trading is mainly a proper measure of price movements using Fibonnacci numbers. Harmonic patterns are...

Harmonic Trading – AUDCHF – Bearish Butterfly

Bearish trend on this pair, I spotted butterfly pattern and opened short position immediately. Point...

Harmonic Trading – CADJPY, EURAUD – October 8th

After a break we come back with harmonic trading. After three months since beginning of...

Harmonic Trading – System Description

System DetailsThe appearance of one of the described patterns:Retracement measured by “Fibonacci Measurement”:Internal retracement: 0.236,...

How to Easily ID Support and Resistance on Your Charts

See an example in the chart of Bank of America (BAC) By Elliott Wave International You've...

How Can The Elliott Wave Principle Improve My Trading?

By Elliott Wave International Answer: Every trader, every analyst and every technician has favorite techniques to...

MACD: Learn to Recognize Trade Setups

See examples in Pfizer, Inc. (PFE) and Intel Corp. (INTC) By Elliott Wave International Just as...

Inflation: Here’s What the Wrong-Way Bet Looks Like

Chart of the Day By Elliott Wave International LimelightPlayerUtil.initEmbed('limelight_player_614899'); Markets all around the world are at a...

3 Ways the Elliott Wave Principle Enhances Your Trading

Learn practical ways in which Elliott wave analysis sets you apart from the herd By...