On May 19th, I have received a dubious email from a forexfactory member who said that his company is looking for experienced traders to hire. I was enthusiastic as you can imagine. As I've chatted with this dubious guy Snir Achiel, numerous ...

Scammers - Hall of Shame

The Brent Crude Oil just hit the 51.95 level target!

Trading using two pivots

0.75 - I think it is too much for a correction. Let's see if it is over!

AUD/USD

The upside potential I think is limited - I agree with your scenario and it fit perfectly (time wise) with the and interest rate decisions, remaining less than 11 hours remaining from now. It reminds me of the previous aud rate decision when aud/usd ...

AUD/USD

Yeah but even so, I don't like the pace of the downside movement and its structures.

AUD/USD

How about a failing bearish view too?

AUD/USD

And it sky-rocketed - ha-ha. )

AUD/USD

The (4) in yellow is it a 4 (larger degree) because has made overlaps with the (3) so I thought that there where you have the b should be the (3), what do you say about that?

AUD/USD

And this whole fall this A-B-C that you have drawn is a piece of a larger wedge or something?

AUD/USD

I worry about the possible upside move, cause I am fully loaded with shorts, but...what I can I do. The only thing I can do is deleveraging. And waiting. It's a pleasure, have a great weekend too!

AUD/USD

It will fall if doesn't touch 0.7209 level, but a higher degree of conviction will be only when will go below the 0.7144. And for upside, even tough I don't recommend entering it, even if the price goes to 0.7210 because the potential is limited and ...

AUD/USD

If the price will sky-rocket to the upside then is certain a triangle (expansive triangle) and only after the completion of wave E will have a major downside movement, possible to 0.7000. 0.7209 level has to remain intact to not to be a triangle. ...

AUD/USD

I haven't figured it out if this fall was, in fact, an impulse, cause it doesn't look like one, from the Elliot wave perspective. image

AUD/USD

It needs to develop at least one leg to the upside, from an Elliot wave perspective. I expect 0.7250, at least. Lock your trade on profit when it hits that level!

AUD/USD

It cannot be an impulse over there. I have measured the waves from that alleged wave 1 from the 0.7144 level. It's something else not a leading diagonal.

AUD/USD

Is anyone sharing the idea that this whole upside move is a Flat pattern (3-3-5)? If true the things can get very ugly in the European session. image The C-wave already constructing in 5-wave structure so...

AUD/USD

So, what formation does that iv in yellow has? double zig-zag? image

AUD/USD

Commodities: Brent Crude Oil, short term analysis The oil just confirmed the upside bias by closing barely above the 49.9 confirmation level. Given the fact that the two conditions for an entry are met, the long trade is expected to go towards 51.95 ...

Trading using two pivots

The level of 0.72052 has been invalidated so the ending diagonal scenario is out, it only remains 3 scenarios. image image

AUD/USD

What is your opinion regarding my Elliot wave theories from this post: url

AUD/USD