Thursday, June 20, 2019
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Home Authors Posts by Edu Vargas

Edu Vargas

48 POSTS 3 COMMENTS
Eduardo is a technical analyst and independent trader based in Buenos Aires, Argentina. He is an Industrial Engineer and holds a Master in Finance degree. In 2008 began to trade Chilean stocks listed on IPSA. From 2013 started to trade CFDs in Forex, Commodities, Indices and ETFs markets. He analyses different markets combining the Elliott Wave analysis with Fibonacci tools. He provides a market mid-long term vision.

US Dollar Index Moving as Expected after FED’s Decision

In our previous analysis, we commented on the lower probability of a new rate hike. Also, we expected a marginal upward move from the...

Agro-Commodities Price Action Update

On May 01, we commented the exhaustion signals of the bearish cycle in the agro-commodities group. In this post, we'll review what to expect...

EURUSD Finds Support In The Confluence Area

In our last educational post, we introduced the confluence concept. In this short-term analysis, we'll analyse what to expect regarding the EURUSD pair. The confluence...

Watch Out These Confluence Zones in The NZDUSD Cross

In this educational post, we'll introduce the confluence concept. After this, we'll apply to analyse the NZDUSD cross. The confluence concept A confluence is a convergence...

DXY – Short-term wave analysis

The Dollar Index (DXY) has moved bullish in the last days, correcting the decline it had in the first week of June. In this...

Understanding Motive Waves – Part II – Extensions

In our previous post, we discussed the fifth wave and its importance in the Elliott Wave Theory. In this educational post, we'll review the...

Yen Group – Long-Term Wave Analysis – Will JPY’s Strength Continue?

The Japanese Yen (JPY) is known as a risk-off currency. It means that when stock markets decline, investors tend to move to JPY as...

EURGBP – An example of a speedy market!

Sometimes the price moves at high speed which doesn't allow to analyse or to enter in this market. R.N. Elliott in his Treatise "The...

DAX 30 – Short-Term Wave Analysis

After the five ascending moves, the DAX index has found s short-term top. In this post, we'll review what could the next move be in...

GBPUSD Short-term Wave Analysis – Hints of a Recovery?

In our previous post, released on May 28, we talked about the long-term ascending channel (read more.) The upward structure suggests more upsides for...

GBPCHF – Long-term wave analysis

This week the volatility will be driven by Pound Sterling and Swiss Franc. In this post, we'll review what could be the next path...

What to expect from DXY after the US Employment Data Release?

The US labour market is at historical maximal levels, but the upcoming employment data release will be enough to strengthen to the Greenback? In...

Understanding Motive Waves – Part I – The Fifth Wave

The motive wave is the most profitable movement because it is the trend's direction. Elliott, in his Treatise "The Wave Principle," give special attention...

Euro Group Analysis – Weakness against Commodity Currencies

In this post, we'll make a short-term review of the euro group, and we'll look for the upcoming trade opportunities. Panoramic vision The euro currency index...

A stock company can predict the next path of Bitcoin?

Bitcoin, the most traded cryptocurrency and a stock company, what have in common? In this educational post, we'll apply two concepts, divergence and correlation,...

Understanding Corrective Waves – Part IV – Combinations

In this four-part series, we'll expand the complex corrective sequence concept. In particular, we'll present here a different corrective pattern combination. The double and triple...

Understanding Corrective Waves – Part III – Strength and Complexity

In our previous posts, we presented the alternation principle, different simple corrective structures. Also, we showed different trading setups for each corrective pattern. In...

USDCAD – An example of alternation and speed

In previous posts, we discussed the alternation in corrective waves. In this post, we'll show an example of alternation and the speed of price...

GBPUSD – Building an Ascending Channel?

The pound sterling after its flash crash on October 2016, has been developing a sequence of higher lows. In this post, we'll review what...

Dollar Index – Developing a Bullish Wedge

The Dollar Index (DXY) is the basket that covers the six major currencies against the US Dollar (USD). The basket includes the Euro (EUR),...

AUDNZD Scenarios in View of its Long-Term Triangle

In March 2011, once the AUDNZD cross reached its all-time high level at 1.37954 starting a bearish sequence which drove to 1.00279 on March...

Understanding Corrective Waves – Part II – Triangles and Trading Setups

In our previous post, we presented the first part of corrective waves. We discussed three basic corrective structures: zigzag, flat, and irregular. We also...

NZDUSD Long-term Outlook. Are Kiwis Ready to Drop?

In this post, we'll review the long-term perspective for the NZDUSD cross. From a technical standpoint, we can expect the price action to drive...

Photo & Video Stocks, is it a Good Sector for Investors?

What to expect From Photo & Video Stocks? The constant growth of web content requires strikingly attractive media. According to a content creation study, there...

Understanding the Corrective Waves is Key to Succeed

In this post, we'll talk about the basic concepts of corrective waves. The importance of corrective structures comes from the fact that price consolidates...

Goldman Sachs – Will follow the JPM path?

Goldman Sachs (NYSE: GS) is a financial company founded in New York in 1869 and is a component of the Dow Jones 30. The...

JPM Running in the Fifth Wave, What’s Next?

J.P. Morgan Chase Co, (NYSE: JPM) is a financial company listed on Dow Jones 30. JPM has its origin in New York City by...

Aerospace & Defense Sector Overview

Aerospace and Defense (A&D) is a robust industrial sector. The main drivers that boosted this sector are commercial aircraft and defence. In one hand,...

What to Expect from the Cannabis Sector?

The cannabis industry has been growing in the last years. This is why we are starting to consider it an attractive sector to analyse....

AUDUSD Elliott Wave Analysis Prior to the RBA. What does it...

Tonight in the overnight trading session, the Reserve Bank of Australia (RBA) will release the interest rate decision. The analysts' consensus expects the RBA...

Easy Guide to Wave Terminology and Labelling

In previous posts, we identified waves following the criteria commented in our post "Waves in Financial Markets." This approach allows us to have a...

Water – A Technical Overview using the Elliott Wave Theory

In this opportunity, we won't talk about the importance of water for life. This time we will apply some Elliott Wave Theory concepts to...

GE – Preparing for a New Rally?

General Electric (GE)  lost its historic place in Dow Jones Industrial Average on June 19, 2018. After its departure, GE made a new lower...

Agro-commodities, Free Fall or Exhaustion?

This week the agro-commodities ETF DBA has dropped to 16.03, the lowest level since its creation in 2007. Is this bearish sequence a sign of...

How to Use Channels to Identify Waves

To differentiate a market movement is necessary to segregate the different waves. The price channelling allows us to identify each wave while the market...

Waves In The Financial Markets

In our previous post, we talked about the laws that govern nature and how observation and experience allow making predictions. We also comment that...

Understanding the Nature of the Wave

The Elliott Wave theory is a popular method currently applied to the analysis of the financial markets. In this articles series, we will explain...

Is the end of the bullish road approaching for DXY?

Since February 2018, and during this year Dollar Index (DXY) has been developing a rally. The upward cycle has advanced over 11%, from the...

Gold – In a Complex Corrective Structure, which will be its...

In our last Silver analysis (read more), we talked about the potential rally and the corrective sequence that should finish soon. This time, we...

Trend Assessment Using Price Action, do you know how?

Recognising a Trend Probably you've heard the following phrases "Follow the trend", or "The trend is your friend." It may sound trivial, but the question...

Is Oil Group Losing Momentum? – Part 3

In our previous two posts, we've discussed Crude Oil and Brent Oil, two popular commodities for retail and professional traders alike. In this third...

Is Oil Group Losing Momentum? – Part 2

In the first part of this three-part series posts, we review what means the sideways Crude Oil structure and what to expect for the...

Is Oil Group Losing Momentum? – Part 1

The Oil Group has been moving sideways during the last trading sessions, but the question is: is it losing momentum? In this three-part articles...

IBEX 35 – Long-Term Outlook

The Spanish index Ibex 35 is running inside a long-term consolidation structure. In this analysis, we review the index sequence and how it can...

Silver – A New Rally Could Start Soon?

Silver is developing a corrective structure as an A-B-C pattern from the impulsive sequence started on November 2018, when found bottom at $13.860. From...

Trading the Momentum

  In the broad class of trading strategies, it is possible to generate profits when the price gains "momentum". When we talk about momentum, we...

Revisiting Support, Resistance and Breakouts

Talking about Price Action, the first concept a trader should grasp when doing market analysis is the notion of Support and Resistance. In this...

Orders and their Properties

An order execution at the market may seem simple; in fact, you can limit yourself to just selecting between to buy or sell. However,...