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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

USDCAD H4 | Bullish bounce off key support
USDCAD H4 | Bullish bounce off key support

Title:USDCAD H4 | Bullish bounce off key supportType:Bullish bouncePreference:The price is falling towards the pivot at 1.3779, a pullback support that aligns with the 61.8% Fibonacci retracement,...

USOUSD H1 | Pullback resistance ahead
USOUSD H1 | Pullback resistance ahead

Title:USOUSD H1 | Pullback resistance aheadType:Bearish reversalPreference:The price is rising towards the pivot at 100.35, a pullback resistance. A reversal from this level could lead the price...

GBPAUD H4 | Potential bearish drop
GBPAUD H4 | Potential bearish drop

Title:GBPAUD H4 | Potential bearish dropType:Bearish dropPreference:The price has rejected off the pivot at 1.9100, an overlap resistance that aligns with the 38.2% Fibonacci retracement. A drop from...

AUDNZD H4 | Bearish reversal off pullback resistance
AUDNZD H4 | Bearish reversal off pullback resistance

Title:AUDNZD H4 | Bearish reversal off pullback resistanceType:Bearish reversalPreference: The price is rising towards the pivot at 1.21353,  which is a pullback resistance that aligns with the 61.8%...