The Commodity Markets Take No Prisoners

by ForexCycle.com | August 21, 2012 03:25
By Elliott Wave International How many losing trades can you tolerate each year and still be successful in the markets? How many consecutive losing trades? How many losing weeks, months, or even years would it take to...

Daily Forex Analysis – August 21, 2012

by ForexCycle.com | August 21, 2012 03:24
GBPUSD Analysis. GBPUSD stays above a upward trend line on 4-hour chart, and remains in uptrend. As long as the trend line support holds, uptrend could be expected to continue, and another rise to test 1.5767 resistance...

Daily Forex Analysis – August 20, 2012

by ForexCycle.com | August 20, 2012 02:49
USDCAD Analysis. USDCAD remains in downtrend from 1.0083, the rise from 0.9859 is treated as consolidation of the downtrend. Resistance is now at 0.9930, as long as this level holds, we’d expect downtrend to resume, and another...

Sentiment Measure Shows No Fear of Major U.S. Stock Decline

by ForexCycle.com | August 18, 2012 04:54
By Elliott Wave International The stock market’s recent rally has seemed to ignore Europe’s debt crisis and the weak U.S. economy, and in turn commentators have dusted off an old Wall Street phrase: wall of worry.

Daily Forex Analysis – August 17, 2012

by ForexCycle.com | August 17, 2012 02:56
USDCAD Analysis. USDCAD’s downward movement from 1.0083 extends to as low as 0.9859. Resistance is now at 0.9930, as long as this level holds, the downtrend could be expected to continue, and next target would be at...

Daily Forex Analysis – August 16, 2012

by ForexCycle.com | August 16, 2012 02:48
EURUSD Analysis. EURUSD is facing the support of the upward trend line from 1.2042 to 1.2134 again, rebound could be expected after touching the trend line, and another rise to test 1.2442 would likely be seen. On...

Trading Psychology: Don’t Trade With Your Ego

by ForexCycle.com | August 15, 2012 03:20
By Elliott Wave International Senior Analyst Jeffrey Kennedy is a busy man. Along with his regular duties at Elliott Wave International, he prepares 3-5 video lessons each week that teach technical traders how to anticipate — and...

Daily Forex Analysis – August 15, 2012

by ForexCycle.com | August 15, 2012 03:18
EURUSD Analysis. EURUSD stays above a upward trend line on 4-hour chart, and remains in uptrend from 1.2042, the price action from 1.2389 is treated as consolidation of the uptrend. Another rise to test 1.2442 resistance could...

Download Your Free Price Bars and Chart Patterns Trading eBook

by ForexCycle.com | August 14, 2012 02:50
Sometimes understanding the most basic elements of a chart can improve your trading success. That’s why Elliott Wave International (EWI) created a new eBook, Learn to Identify High Probability Trading Opportunities Using Price Bars and Chart Patterns,...