A Four-Chart Lesson in Spotting Trade Setups

by ForexCycle.com | July 12, 2012 03:34
By Elliott Wave International You can find low-risk, high-confidence trading opportunities by trading with the trend. The trick is to find the end of market corrections, so you can position yourself for the next move in the...

Daily Forex Analysis – July 12, 2012

by ForexCycle.com | July 12, 2012 03:30
USDJPY Analysis. After touching 79.14 key support, USDJPY rebounds strongly, suggesting that a cycle bottom has been formed on 4-hour chart. Further rise to test 80.09 resistance would likely be seen, a break above this level will...

How to Become a Better Trader: Know Thyself

by ForexCycle.com | July 11, 2012 01:26
By Elliott Wave International Jeffrey Kennedy has more than 20 years of experience as an Elliottician and trader. As editor of our new Elliott Wave Junctures service, he helps traders and investors improve their trading skills —...

Trading Forex with Elliott Doesn’t Have to be Complicated [VIDEO]

by ForexCycle.com | July 11, 2012 01:24
By Elliott Wave International Understanding the Wave principle doesn’t have to be hard. In fact, as you’ll see in this 5-minute clip, learning from EWI’s Chief Currency Strategist Jim Martens can be downright entertaining.

Daily Forex Analysis – July 11, 2012

by ForexCycle.com | July 11, 2012 01:21
EURUSD Analysis. EURUSD continues its downward movement from 1.2692, and the fall extends to as low as 1.2235. Resistance is now at 1.2335, as long as this level holds, downtrend could be expected continue, and further decline...

Daily Forex Analysis – July 10, 2012

by ForexCycle.com | July 10, 2012 03:33
AUDUSD Analysis. AUDUSD has formed a cycle top at 1.0328 on 4-hour chart. Further decline towards the lower line of the price channel would likely be seen. As long as the channel support holds, the price action...

Daily Forex Analysis – July 9, 2012

by ForexCycle.com | July 9, 2012 01:20
AUDUSD Analysis. AUDUSD breaks below 1.0240 support, suggesting that a cycle top has been formed at 1.0328 on 4-hour chart. Further decline would likely be seen over the next several days, and the target would be at...

Daily Forex Analysis – July 6, 2012

by ForexCycle.com | July 6, 2012 01:44
AUDUSD Analysis. AUDUSD’s upward movement extends to as high as 1.0328. Support is now at 1.0240, a breakdown below this level will indicate that a cycle top has been formed on 4-hour chart, then consolidation of the...

Daily Forex Analysis – July 5, 2012

by ForexCycle.com | July 5, 2012 02:57
USDCHF Analysis. USDCHF is forming a sideways consolidation in a range between 0.9421 and 0.9769. Lengthier consolidation in the range would likely be seen over the next several days. Key support is at 0.9463, a breakdown below...

How to Spot Trading Opportunities — complimentary 47-page eBook

by ForexCycle.com | July 4, 2012 02:56
Free 47-Page eBook: How to Spot Trading Opportunities Elliott Wave International has released a free 47-Page eBook, How to Spot Trading Opportunities. Created from the $129 two-volume set of the same name, it’s available free until July...