My technical and Elliott wave analysis

Hi,

I'll post here my point of view about the price action of some financial instruments that I follow. I will not use long comments, but some labeled charts.

I'll be happy if you share your analysis and forecasts here with me.

Good luck

 

An example how to manage your trades using Elliott wave Principle. Part one - analysis and forecast.

 

An example how to manage your trades using Elliott wave Principle.
Part two - what actually happened

 

Near a top. I don't think that long positions are appropriate. I already closed mine and I'm waiting for the reversal.

 

Yes. Discard EW and other fluff and consider learning how to trade

 

First signs of a renewed bear market.

 

Spot on, very nice. Target you have there is aggressive, I am looking for it too, but treading lightly in day trades. Keep it coming spell, thx.

 

Nice technical figures. Good bullish opportunity, which in Elliott wave count is expected to e a corrective pattern.

 

COFFEE is making the first steps down of a larger downtrend.

 

The first chart shows our forecast on FTSE from last Wednesday.