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.
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...
Daily Forex Analysis – May 31, 2012
USDCAD Analysis. Being supported by the upward trend line on 4-hour chart, USDCAD rebounds from 1.0206, suggesting that a cycle bottom has been formed, and the uptrend from 0.9799 has resumed. Further rise could be seen over...
Daily Forex Analysis – May 30, 2012
AUDUSD Analysis. AUDUSD is in consolidation of the downtrend from 1.0474. Range trading between 0.9689 and 0.9934 would likely be seen over the next several days. As long as 0.9934 resistance holds, one more fall towards 0.9500...
Daily Forex Analysis – May 28, 2012
EURUSD Analysis. EURUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.3283, and the fall extends to as low as 1.2496. Another fall would likely be seen after a minor consolidation,...
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Daily Forex Analysis – May 25, 2012
AUDUSD Analysis. AUDUSD stays below a downward trend line on 4-hour chart, and remains in downtrend from 1.0474, the rise from 0.9689 is treated as consolidation of the downtrend. As long as the trend line resistance holds,...