Yet another DXY analysis

When I look at the dollar index isolated I see a clear strength with plenty of room to the next resistance level. When the USD back in march/april was ...

New Analysis of DXY – Dollar index

DXY the index scaled 95.000 to hit its highest level since Q3, partly on a healthy US Q3 GDP beat, but also on strong earnings and benefiting indirectly from Eur weakness ...

Playing the Gap

In this article, we will look at the term “gap”. We will look at what a gap is, how to deal with gaps and some statistics about gaps in the ...

Corrective Waves

In Elliot Wave theory, one distinguishes between Corrective Waves and Impulsive Waves. A Corrective Wave is defined as a movement against the primary trend. That is, a so-called pull-back. An ...

Action/Reaction Lines

Action / Reaction Lines (called A/R) is one of the secret concepts of technical analysis. It’s hard even from a Google search to find correct information about the concept. ...

Webinar – Support and Resistance

We have had a successful webinar about support and resistance levels. Thanks to all of you who participated, it’s good with all the many questions you’re coming along ...

What does Price Action mean?

You often hear daytraders say something like “I’d like to see some bullish price action before I go long” – but what does that mean? We will try to cover ...

Daytrading with fractals

When we teach daytrading around the country, fractals are always a constituent part of the curriculum. Fractals help make it easier and more objective where to draw the trend lines, ...