Juan Maldonado
Elliott Wave Street
Would you like to enter the market at the right time—when the risk is low and the potential reward is high?
In this article, we’ll show you how to achieve that using one of the most powerful technical tools: Elliott Wave Theory, enhanced with volume and momentum to reach what we call professional precision trading.
When you understand the current price cycle, you can anticipate the next one. But that’s just the beginning. The real challenge lies in timing your entry precisely, where the stop is tight, the risk-to-reward ratio is favorable, and the odds are clearly in your favor.
That’s when you need more than a wave count. You need to see how the market is absorbing liquidity, how volume is drying up, and how momentum is diverging, especially between price and the MACD. That’s where the Big Player is loading up—and the other side of the market is running out of steam.
In this video, we walk through Gold (XAU/USD) step by step to show you exactly how to combine these tools in real-time and spot high-probability reversals.
DISCLAIMER: No Earnings Projections, Promises or Representations
Trading currencies, stocks, futures, and options implicate significant risk of loss and is not suitable for every investor. The quotes of financial markets may fluctuate, and, as a result, clients could lose more than their investment. The highly leveraged of futures trading means that modest market movements will have a greater shock on your trading account, and this can go against your trading capital, that can result in considerable losses or can benefit your trading capital, resulting in significant gains.
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Editors’ Picks
EUR/USD remains below 1.1750 ahead of ECB policy decision
EUR/USD remains on the back foot below 1.1750 in the European session on Thursday. Traders move to the sidelines and refrain from placing any fresh directional bets on the pair ahead of the ECB policy announcements and the US CPI inflation data.
GBP/USD ticks north following BoE’s announcement
The Bank of England decided to cut the benchmark interest rate by 25 basis points as expected. The MPC voting was tight, with just 5 out of 9 officials backing the decision. Sterling Pound advances on relief as investors anticipated a more dovish outcome.
USD/JPY rises to near 156.00 ahead of US CPI data, BoJ policy decision
USD/JPY moves higher to near 156.00 in the countdown to the US inflation data. Fed’s Bostic sees inflation more worrying than the job market. The BoJ is expected to raise interest rates by 25 bps to 0.75% on Friday.
Editors’ Picks
ECB announces its decision after the BoE trimmed rates, US CPI comes next – LIVE
The European Central Bank is expected to hold rates unchanged, but also offer fresh economic projections. The Bank of England trimmed rates earlier in the day as expected. An US inflation update scheduled for later may rock the FX board.
GBP/USD ticks north following BoE’s announcement
The Bank of England decided to cut the benchmark interest rate by 25 basis points as expected. The MPC voting was tight, with just 5 out of 9 officials backing the decision. Sterling Pound advances on relief as investors anticipated a more dovish outcome.
Gold holds losses below $4,350 ahead of US CPI report
Gold struggles to capitalize on the previous day's move higher and holds its pullback below $4,350 in the European session on Thursday. The downtick could be attributed to some profit-taking amid a US Dollar bounce. All eyes now remain on the US CPI inflation data.
US CPI set to grow at stable 3.1% in November, further complicating the Fed’s dilemma
The US Consumer Price Index is forecast to rise 3.1% YoY in November, a mild uptick compared with September. The inflation report will not include monthly CPI figures.
Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure
Bitcoin price hovers around $87,000 on Thursday, stabilizing after declining earlier this week. US-listed spot ETFs recorded $457.29 million in inflows on Wednesday, the highest single-day inflows since November 11.
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