The new year is a reset of trading; we should establish trading goals and plan to achieve them. The best job in the world is trading. You can make money from anywhere and enjoy all its benefits. Of course, reaching a level where enough money is made constantly requires effort. I found that the Elliott Wave theory is a good shortcut in the learning process because it provides the most critical piece of the mechanism, the market structure, which acts as the primary filter to get the bias, and simple price action strategies can be applied to decide if we should go short or long.

I spent the last 13 years showing traders how Elliott Wave can improve their trades and lives with outstanding results. The best teacher is the same market, so the best way to teach trading is by showing the concepts in real-life situations, and when we teach with live trading, the traders accelerate their learning and reach their goals faster.

Join me in the weekly analysis video below to showcase the benefits of applying the Elliott Wave theory in charts and why 2023 is likely the best year!

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NZD/USD has trimmed gains to reverse near 0.5850 early Wednesday. The New Zealand Dollar found fresh buyers after the RBNZ announced 50 bps interest rate cut to 4.25%, as widely expecteed but RBNZ Governor Orr's prudent remarks check the pair's upside. 

NZD/USD News
USD/JPY stays pressured below 153.00, US data eyed

USD/JPY stays pressured below 153.00, US data eyed

USD/JPY slides to over a two-week low below 153.00 early Wednesday as Trump's tariff threats continue to drive haven flows towards the JPY and exert pressure on spot prices. That said, doubts over the BoJ's ability to tighten its monetary policy further should cap gains for the JPY. US data eyed. 

USD/JPY News
Gold price consolidates amid mixed cues; holds comfortably above $2,600

Gold price consolidates amid mixed cues; holds comfortably above $2,600

Gold price struggles to capitalize on the overnight bounce from the $2,600 neighborhood or over a one-week low and trades with a mild negative bias on Wednesday. The prevalent risk-on environment, expectations for a less dovish Fed, elevated US bond yields and the underlying bullish sentiment surrounding the USD act as a headwind for the commodity.

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Bitcoin remains short of $100K as long-term holders capitalize on recent price rise

Bitcoin remains short of $100K as long-term holders capitalize on recent price rise

Bitcoin (BTC) trades below $95K on Tuesday following increased selling pressure among long-term holders (LTH) after a series of new all-time highs (ATH).

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Eurozone PMI sounds the alarm about growth once more

Eurozone PMI sounds the alarm about growth once more

The composite PMI dropped from 50 to 48.1, once more stressing growth concerns for the eurozone. Hard data has actually come in better than expected recently – so ahead of the December meeting, the ECB has to figure out whether this is the PMI crying wolf or whether it should take this signal seriously. We think it’s the latter.

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Best Forex Brokers with Low Spreads

Best Forex Brokers with Low Spreads

VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.

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