Stock Market Update – April 4, 2010

Today’s Elliott Wave Signal Analysis – For more, please visit: masteringthemarket.blogspot.com Market Update – Looking at the SP500, Dow and Nasdaq and latest Elliott Wave counts + looking at APPL, US Dollar and EURO…

FOREX Trading Review Video 31 MAR 10 EUR/USD +70 pips

Today’s Elliott Wave Signal Analysis – EUR Long trade based on momentum created by the ABC Elliot wave: -4H Morning star showing upward momentum. -4H Strong level of support from 23.6 fib monthly line. – Entry made on 5M re-trace. – Exit based on failing to making a higher high on 5M….

FOREX Trading Review Video 17 FEB 10 GBP/USD +391 pips

Today’s Elliott Wave Signal Analysis – GBP/USD short trade based on the 5th wave & MACD showing strong downward momentum: -4H showing lack of conviction to the upside -4H channel resistance line together with doji formations. – Price has found strong resistance off the 50% retracement level. – 1H chart showing confirmation with a lower [...]

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