The MACD Indicator and Price Divergence

Divergence provides clues not answers Charts are merely graphical representations of the price of an asset over a defined period. Some novice traders get things...

Simple Correction

The key to trading with the main trend A simple ABCD correction appears in trends and in the movements opposed to the main trend. This can...

An Example of a Simple Trading Strategy

Breakout from the “night channel” One of the more  simple trading strategies is the so-called “breakout from the night channel”. This system works well for...

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 Details The appearance of one of these patterns: Retracement measured by “Fibonacci Measurement”: Retracement: 0.236, 0.382, 0.5, 0.618, 0.786, 0.886; Extension: 1.272,...

Elliott Wave Theory – Description

Many people look at Elliott Wave theory and think they understand it but cannot use it in a practical manner. The issue tends to be...

EURUSD Weekly

System Description Start with a weekly chart. We treat two neighbor candles as the setup. The height of the candles doesn’t matter. It is only...

NEWS

EURUSD – Bearish Engulfing Heralds Correction ? 19/02/2018

EURUSD is in a clear upward trend since the beginning of the year. From January...

EURJPY – Break Out from Ascending Wedge Heralds Declines – 12/02/2018

EURJPY - on Thursday last week, the price broke out from a ascending wedge build...

EURNZD – Head & Shoulders Heralds Declines ?

EURNZD - the current situation on this pair confirmed the downward scenario described in the...

EURUSD – Bearish Engulfing – 18/01/2018

EURUSD - pair over a year is in an uptrend. Today, it set a maximum...

EURNZD – Leaves the Channel and Attacks Neckline of H&S -08/01/2017

EURNZD - The pair has been growing since the first days of February last year....

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...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 22/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 20/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY – 13/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 12/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, GBPUSD 08/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

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 – potential ABCD pattern on EURUSD and USDCAD

USDCAD and EURUSD look very interesting when we have harmonic trading in our minds. On...

Harmonic Trading – ABCD on EURAUD and EURPLN

Trading based on harmonic patterns mostly depends on proper measurement of Fibonacci retracement in relation...

Harmonic Trading – GBPJPY, EURPLN

Last week I pointed to a potential harmonic formation on the EURPLN pair. If the...

Harmonic Trading – Bullish Gartley on AUDUSD

Trading based on harmonic formations mostly depends on proper measurement of Fibonacci retracement in relation...

Harmonic Trading – BAT Pattern in Progress on USDCHF

Trading based on harmonic formations mostly depends on proper measurement of Fibonacci retracement in relation...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 22/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 20/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY – 13/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, USDJPY, GBPUSD 12/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...

“Search, Analyse, Trade” Sentiment EURUSD, GBPUSD 08/02/2018

"Search, Analyse, Trade" is a series of Price Action and Elliott Waves analyses. Its detailed step-by-step...