The 80/20 Trade: "Pounce Like a Cat"
By Elliott Wave International Copy the tiger when stalking and capturing a "pounce-ready" trade. Tigers know the prey they covet is elusive: they show great patience and care when stalking the target.
Month: June 2012
Daily Forex Analysis – June 6, 2012
AUDUSD Analysis. AUDUSD breaks above the downward trend line from 1.0474 to 0.9897, suggesting that lengthier consolidation of the downtrend from 1.0474 is underway. Range trading between 0.9581 and 0.9897 would likely be seen over the next...
Daily Forex Analysis – June 5, 2012
USDCHF Analysis. USDCHF breaks below the upward trend line from 0.9043 to 0.9367, suggesting lengthier consolidation of the uptrend from 0.9043 is underway. Range trading between 0.9500 and 0.9769 would likely be seen over the next several...
Daily Forex Analysis – June 4, 2012
USDCHF Analysis. USDCHF has formed a cycle top at 0.9769 on 4-hour chart. Key support is a the upward trend line from 0.9043 to 0.9367, as long as the trend line support holds, the fall from 0.9769...
Daily Forex Analysis – June 1, 2012
EURUSD Analysis. EURUSD’s downward movement from 1.3283 extends to as low as 1.2323. Further decline could be seen after a minor consolidation, and next target would be at 1.2200 area. Initial resistance is at 1.2430, a break...