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

EURJPY H4 | Heading towards key resistance
EURJPY H4 | Heading towards key resistance

TitleEURJPY H4 | Heading towards key resistanceTypeBearish reversalPreferenceThe price is rising toward the pivot at 184.62, an overlap resistance level that aligns with the 145% Fibonacci extension....

GBPUSD H1 | Pullback resistance ahead
GBPUSD H1 | Pullback resistance ahead

TitleGBPUSD H1 | Pullback resistance aheadTypeBearish reversalPreferenceThe price is rising toward the pivot at 1.3371, which is a pullback resistance that aligns with the 50% Fibonacci retracement. ...

USDJPY H1 | Bearish reversal off 78.6% Fib resistance
USDJPY H1 | Bearish reversal off 78.6% Fib resistance

TitleUSDJPY H1 | Bearish reversal off 78.6% Fib resistanceTypeBearish reversalPreferenceThe price is rising toward the pivot at 159.43, a pullback resistance level that aligns with the 78.6% Fibonacci...

XAGUSD H4 | Potential bearish drop
XAGUSD H4 | Potential bearish drop

TitleXAGUSD H4 | Potential bearish dropTypeBearish reversalPreferenceThe price could make a short-term pullback towards the pivot at 72.34, a pullback resistance. A reversal from this level could lead...