Trading Gold 1 Hour Chart CFD Report
Elliott Wave / Technical Analysis / Gold extended rally from recent lows, which means that wave iii) is definitely done and that market now trades in wave iv), which in fact may already be in final stages of a recovery. Notice that prices are trading very close to area of a wave four of one lesser degree, and also near to 38.2-50% Fibo retracement levels of wave iii) distance. As such, wave iv) may reach highs in the coming sessions, from where a sell-off into a new low is epxected. Meanwhile price must not rise above highest base channel resistance line.

Wednesday, 23 November 2011 at 6:37:00PM AEST

CFD Trading Gold Technical Analyst Report Elliott Wave Trading Strategies
Elliott Wave Gold 1 Hour Chart
1666 support held very well during Euroepan trading hours, from where is market now reversing quite strongly, so its obvious that wave iv) is still underway. We are looking now again, at the incomplete zig-zag pattern with wave c now headed into 1710/1720 area from where we expected another sell-off.
Base channel, 38.2% retr. and wave iv territory of one lesser degree will tend to react as a strong resistance in current wave iv).
Larger trend clearly down, its just a matter of time, when prices will collapse

CFD Trading Gold Technical Analyst Report Elliott Wave  1 Hour Chart     

Friday, 25 November 2011 at 7:13:00PM AEST

Elliott Wave Oil 1 Hour Chart
Technical Analysis CFD Strategy Report
Oil moved nicely higher in the past few sessions, for around $2.5 since we called end of a corrective red wave b) at the end of the past week. As such, our interpretation of an expanded flat in wave (ii)/(b) is still in play, which however must now show us some sings of a top at current 50-61.8% retracement around 100 mark. If we are on the right track with our bearish forecast, then we need an impulsive fall and daily close somewhere around 97.60, In such case we would be very confident that wave (ii)/(b) is done and that market is headed below 94 region.
Dont try to  get ahead of the market, wait on a confirming price action!

For now, price must not rise above 103.30 critical/invalidation region!

Monday, 28 November 2011 at 7:35:00PM AEST

Code: SPI CFD ASX 200
Date: 5 December
Chart: 30 Minute Chart
The move down from the intraday high on Friday night is in five waves so expect an abc correction across 4300 with 4272 SG2 as supports
EarlyBird Report Comments:
SPI CFD 4290
TradingLevels: Support SG2 (4265 | 4272 | 4280)
Elliott Wave: The Wave structure is still unfolding higher, however a wave four corrective pattern is unfolding across 4300, see the chart on the SPI. As you may be aware we are working two wave counts on the US markets and one of those counts has a top in place now, this can reflect back here, this count with the top in place is being confirmed be the US Dollar, any way just be careful here at the 4300, at minimum expect a corrective pattern at mTL3 4300. The move down last night is in five waves, this will produce another five waves after a bounce off the SG2 4272
SPI ASX200 CFD Trading Strategy: Corrective price action expected

SPI CFD ASX 200 CFDs Index Trading - Elliott Wave Technical Analysis

CFD Trading Report Gold 1 Hour Chart
Friday, 9 December 2011 at 7:15:00PM AEST
Elliott Wave Theory
Gold fell sharply in recent sessions, about we warned 24hours back.A fall from 1756 is clearly impulsive, so it must be part of some larger bearish structure, which should continue once wave ii is done. But before weakness will continue, we want to see pull-back for at least 38.2% compared to wave i.

Currency Trading US Dollar CFD Trading Strategy Elliott Wave

Dollar Index 4 Hour Chart Elliott Wave
-corrective pull-back
On dollar index we are still monitoring a corrective, incomplete price action in wave 2, as recovery from Nov 30 appears to be very slow and choppy, so its probably just another corrective leg of wave 2. Our latest interpretation for wave 2 is a flat correction, currently in (b) wave with wave (c) yet to come.

Currency Trading US Dollar

Technical Anlaysis: Elliott Wave Gold CFD Trading Report
Gold 1 Hour Chart
Tuesday, 13 December 2011 at 6:40:00PM AEST
Elliott Wave, Gold was sharply lower yesterday, with a very strong momentum, so we suspect that a recent fall was a third wave price action. So if that’s the case, then we know that further weakness should be seen, as current recovery is just a wave iv pull-back, which will ideally find a top around 1670 area. From there intra-day traders will look for a fall on the short side again, while market trades below 1703.

Gold 4 Hour Chart
Tuesday, 13 December 2011 - downtrend acceleration

A strong Elliott Wave acceleration has occurred yesterday after the support line of a corrective channel from September lows was broken. we can see A very sharp move here, which has a personality of a third wave. As such, it seems that we are in wave (C) leg headed now towards 1530. Short-term critical region is at 1724!

GOLD Daily Chart
11 December 2011  Gold - looking for a fall into 1530 area

We believe that Elliott Wave  top is in place on gold, after an impulsive fall from 1920 followed by a corrective rally from 1530, which already shows first signs of completion around 1800 zone, labelled as wave (B) on the chart! Notice that prices found the resistance in the past few weeks at 61.8-78.6% retracement area, which is also a very typical Fibonacci reversal zone. A break of 1662 will be trigger for wave (C) weakness into 1530 zone!

Code: SPI CFD / ASX200 XJO
Date: 16 December
Chart: 1 hour Chart
Looking for another low into 4100 then a bounce.
Trading be on the right side of 4150
EarlyBird Report Comments:
SPI CFD 4150
TradingLevels: The 4200 is the pivot within Minor Group1 and while the price is under this then the bias is weaker and above as support we would need to be long. From that we can continue to break bias down to the point within your trading time frame, if you’re a sublevel trader you would consider the 4100 as support and the 4150 the Midpoint you would simply be long or short from this number, drilling down you would look at the pattern and volume at the midpoint, you would use your skill of pattern recognition including your understanding of the retest checking the price and confirm that with the volume, then you would scale in accordingly and you know the levels where you have to exit.
Elliott Wave: There are two counts as mentioned in the DJI SP500 but also consider the Elliott wave count on the AUDUSD because the current price on the ASX200 SPI has support off the 4000, so long trade are fine too, you just need to know the price that’s supports the market in your trading time frame you can’t trade without know that price
Trading Strategy: While the price is under the 4172 SG2 the pressure is down, the Midpoint is next, the move up off the 4100 appears to be corrective (three waves) but its early yet. It’s all about the Midpoint being long or short from this price point.

Elliott Wave EURUSD 4 Hour Chart
Tuesday, 31 January 2012 at 5:33:00PM AEST

-impulsive recovery

Elliott Wave Eur/Usd is still supported by Long traders, now testing 1.3200 resistance area. We are monitoring an impulsive rise of a red wave A), which however is still not showing us any strong signs for a top in place and potential wave B) weakness.

As already said many times in the past week; "current trend remains up as long as price trades above lower support channel line"! Next stop for wave A) will be 1.3300 if highs from Friday will give way.

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Elliott Wave Forex USDCHF

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Elliott Wave USDCHF 1 Hour Chart
Tuesday, 31 February 2012

Looks like USD is also ready to recover even more against the Swiss Franc after a slow, but still impulsive rise from 0.9113 low which appears to be wave (a). Only first leg of a three wave pull-back, which is the minimum structure of corrections.

Wave (a) may be near completion but still enough room for a potential push close to 0.9230 resistance before wave (b) pulls lower.

4Hour

Elliott Wave USDCHF 4 Hour Chart
Tuesday, 31 January 2012 at 5:50:00PM AEST

-wave A)/1) searching for a support

Elliott Wave USDCHF fell well below 0.9240 support in the past few days, so wave A)/1) is obviously still underway. But our views however did not change, we will still be on the watch for a completed wave A)/1) in the near future and bullish reversal signs. So only a break through the falling resistance line will suggest that wave B)/2) is underway. For now trend is still down, while 0.9339 holds.

Daily

Elliott Wave USDCHF Daily
29 January 2012

-wave II flat

Elliott Wave USDCHF reversed lower as expected in recent weeks, and is now accelerating lower after a break of the lower support channel line of a (B) wave. As such, we believe that wave (C) is now in progress which will be looking for a test of a wave (A) extreme around 0.8560 in weeks ahead. After that we will look for a potential bottom of a wave II flat formation!

Weekly

Elliott Wave USDCHF Weekly
28 August 2011

-significant low in place!?

Elliott Wave USDCHF made a very sharp reversal in this month from 0.7067 region, where we suspect that bottom-at least temporary has been reached. The first reason is of course the wave structure, which is impulsive on the lower time frame, and the next quite important evidence for a complete bearish cycle from 1.1733 is a very high volume that was seen when prices fell into a new all-time low, just before they bounced higher.

We also need to consider that there was a triangle placed in wave IV) as shown on the chart. Well, in Elliott Wave theory triangle occurs just prior to the final move of the larger pattern, so from that perspective, we know that leg from 1.1733 was a wave five. With this being said, pair may reach much higher levels in coming months if not years!

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Elliott Wave: NASDAQ Comp
Date: 12 March 2012

Chart: Daily Chart
The price is at Major Tradinglevels 3 (TL3) 3000 as it the Dow at Major Tradinglevel TL13 13,000 The Nasdaq has been stronger than the DJI beacue of tech stocks like Apple which is also now at 500 a Major TradingLevel TL5 so we can expect these market to stick to these large numbers partly for pychological reasons, when you think about it there's not a lot the price can do at large price points, they can fail or move up straight through, however 90% + of the time we can expect a corrected pattern to work across the level, there are two basic patterns the Classic and the Overshoot and in this case becasue the price has already been in a long trend its likley to rest, so the Classic pattern is likley however in the case of Apple the Overshoort pattern is already under way.

Elliott Wave Forex

Elliott Wave EURUSD  1 Hour Chart
Tuesday, 13 March 2012 at 7:17:00PM AEST

On Euro we adjusted the count, after recent extended recovery from 1.3077 low. The price retraced for around 50% of previous fall, where wave (ii) may form a very important swing high for coming sessions. We will look for evidences of an impulsive fall below 1.3100 that will confirm a bearish outlook for the Euro!

For now, critical region remains at 1.3290.

Elliott Wave EURUSD  4 Hour Chart
Tuesday, 13 March 2012 at 6:30:00PM AEST

-downtrend continuation

Despite some Euro recovery in recent sessions, our outlook remains unchanged. A fall on Friday from 1.3295 was impulsive, which could be  only first leg of a larger black wave 3. So if that’s the case, then current recovery is only a blue wave (ii), which must not exceed a former swing high. Traders should patiently wait on impulsive fall, below 1.3070 that will confirm out bearish outlook.

Current wave count will be invalidated if 1.3295 is broken, but even then, the larger bearish wave count would not be threatened. we will just re-adjust it then.

Elliott Wave EURUSD  Daily Chart
11 March 2012 

-downtrend continuation

In the past two months we were tracking a three wave of recovery from 1.26 lows, which for now has unfolded nicely. Primary, we labelled the move as a wave (2), which means that bears may send Euro much lower in weeks ahead. In fact, a sharp sell-off in the past two weeks suggests that wave two has already reached a top at 1.3480, or that we have at least a temporary top. We expect more weakness in coming week after sharp sell-off on Friday. Short-term critical resistance is at 1.3290.

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