English

Desmond Leong

Market Analyst

Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.

Favorite trading instruments

  • Currency pairs: EUR/USD, AUD/USD, NZD/USD, USD/CHF, GBP/USD, USD/JPY, EUR/JPY, USD/CAD

  • Precious metals: Gold and Silver

Preferred market analysis

Technical analysis combining the correlations across multiple asset classes to draw a ‘big picture’ idea of how the market is flowing. Strong focus on Elliott Wave theory along with price action and Fibonacci.

Trading style

Desmond primarily focuses on scalping setups using Fibonacci confluence. He prefers to get in-and-out of the markets fast.

Always remember you’re here to make money. Don’t trade for the sake of trading, instead, trade for the sake of making money.

Latest Articles

XAUUSD H1 | Bearish reversal off 50% Fib resistance
XAUUSD H1 | Bearish reversal off 50% Fib resistance

Title:XAUUSD H1 | Bearish reversal off 50% Fib resistanceType:Bearish reversalPreference:The price is rising toward the pivot at 4,068.31, a pullback resistance that aligns with the 50% Fibonacci...

NZDJPY H1  | Bullish rebound
NZDJPY H1  | Bullish rebound

Title:NZDJPY H1  | Bullish rebound Type:Bullish bouncePreference: The price is falling toward the pivot at 92.46, which is an overlap support that aligns with the 78.6% Fibonacci retracement. A bounce...

EURNZD H4 | Potential bearish reversal
EURNZD H4 | Potential bearish reversal

Title:EURNZD H4 | Potential bearish reversalType:Bearish reversalPreference:The price is rising toward the pivot at 1.96264, an overlap resistance. A reversal at this level could lead the price toward...

EURGBP H4 | Bearish reversal setup
EURGBP H4 | Bearish reversal setup

Title:EURGBP H4 | Bearish reversal setupType:Bearish reversalPreference:The price has rejected the pivot at 0.8564, a pullback resistance. A reversal from this level could push the price toward the...