Jeremy Wagner, CEWA-M

Head Forex Trading Instructor

Swing trading, chart patterns, breakouts, and Elliott wave
Jeremy is an active trader and Head of DailyFX Education. He began trading in 1998 with stocks and options, then converted into forex trading. He currently specializes in forex using technical analysis and namely chart pattern set ups. He writes forex training and analysis articles for Mr. Wagner has presented forex training on 3 continents from beginner to advanced strategies. He has been heard on radio broadcasts and television including Sky News Business TV and CNBC. He holds the Certified Elliott Wave Analyst Master (CEWA-M) designation from Elliott Wave International.



Dow Jones Industrial Average Struggles to Hold the Gap Higher

The Elliott Wave model we are following in DJIA calls for a mild retracement back towards 20,440 before embarking upon a quest for a new high.

DJIA Enters Zone of Wave Relationships, EUR/USD Pattern Points Higher

The DJIA push above 21,471 pressures wave relationships. EUR/USD may sell off to near 1.10-1.11.

Long EUR/USD on a Dip

EUR/USD grinds sideways in a consolidative type of pattern. We anticipate support may emerge before new highs above 1.13.

Patterns Point to Bulls in DJIA, Crude Oil Prices and EUR/USD

In today's US Opening Bell webinar, we discussed technical patterns on key markets for this anticipated volatile week.

Dow Jones Industrial Average Tries for New All-Time Highs

The pattern we are following in DJIA calls for a mild retracement back towards 20,440 before embarking upon a quest for a new high.

Long CAD/JPY on a Break Higher

The downward trend in CAD/JPY from December 2016 to April 2017 provides some bullish symptoms. We prepare for a breakout higher.

4 Step Guide to Trading Breakouts in Forex

Market volatility has increased recently due to central bank intervention and political unrest. One strategy that tends to thrive in volatile conditions is a breakout strategy.

Is GBP/USD Carving a 2017 Top?

Cable appears to be topping or may have already topped on the daily chart. The 200 day simple moving average is the next level of support.

Though Gold Prices Bounce Higher, Wait For a Dip

The higher probability Elliott Wave models suggest the up trend that began December 2016 is incomplete. We are looking to buy a dip back towards $1230-$1240.

USD/CAD Appears to Resume a Longer Term Downtrend

USD/CAD appears to have completed the upward correction that began May 2016. We are looking to initiate short positions to position for the longer term trend.

$43.79 is Key Level for Crude Oil Prices

Crude oil prices have powered higher for the past two weeks. The larger pattern still looks incomplete to the upside.

USD/JPY Vulnerable to Retest 110.60

USD/JPY has recovered nicely since last week's sell off. We think a continuation of the sell off may resume soon.

Dow Jones Industrial Average Consolidates in a Holding Pattern

DJIA grinds sideways in a triangle pattern. This pattern calls for another bull run to emerge above 20,491.

Are We There Yet? EUR/USD Closes Higher 6 of the Last 7 Days

The EUR/USD price break higher has caught many traders off guard. Using Elliott Wave Theory, we study the waves and project higher probability patterns.

Triangles in Dow Jones, Gold Prices, EUR/GBP Suggest Consolidation

Triangle patterns appearing in Dow Jones Industrial Average, Gold prices, and EUR/GBP imply sideways trading this week followed by a breakout.

Weekly Trading Forecast: US Politics, Economic News Flow Clash

Financial markets were consumed with shaky US politics last week. Upcoming news-flow from Washington DC may be no less potent even as top-tier economic event risk returns.

Gold Prices Resume Bull Trend After Halting a 4 Week Slide

One development from this past week that pulled the yellow metal higher was the Fed interest rate expectations slowing down into the remainder of 2017.

GBP/USD Terminal Wave Matures

Cable pressed into a potential reversal zone yesterday increasing the risk of a longer top forming nearby.

Will AUD/USD Be a Late Bloomer to the USD Correction?

US Dollar weakness has not filtered over into AUD/USD yet. Our Elliott Wave models suggest the next big move is higher for AUD/USD.

USD/JPY Down Day Largest Since July 2016 - More to Come?

USD/JPY stumbled nearly 230 pips today. The Elliott Wave picture shows the uptrend that began in April appears incomplete to the upside suggesting a bottom forms soon.