Richard is a market analyst and holds the role of Senior Account Manager at XGLOBAL Markets. He is passionate about technical analysis and has been exploring the charts for years. When it comes to his trading insights and how he analyses the markets he focuses on both fundamental and technical analysis. His strength is within the technical side and when he finds something that works for him he puts a lot of effort into more exploring more analysis in that area. The strategy Richard uses could be considered complex or advanced but reliable. He relies mostly on leading analysis, Elliott Wave cycles (bullish or bearish) and combines it with divergences (differences in price action that are linking his wave counts). He spices things up with consolidation areas/vibration levels, Fibonacci lines or extensions for waves mathematical measurements. He also uses candlestick formations, structure types, channels, break-outs and flag formations.
