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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

USOSD M30 | Potential bullish bounce
USOSD M30 | Potential bullish bounce

Title:USOSD M30 | Potential bullish bounceType:Bullish bouncePreference:The price is falling towards the pivot at 97.22, a pullback support that aligns with the 61.8% Fibonacci retracement. A bounce...

EURCAD H1 | Bearish continuation setup
EURCAD H1 | Bearish continuation setup

Title:EURCAD H1 | Bearish continuation setup Type:Bearish reversalPreference:The price is rising towards the pivot at 1.60486, a pullback resistance that aligns witht he 38.2% Fibonacci retracement. A...

EURNZD H4 | Heading towards key resistance
EURNZD H4 | Heading towards key resistance

Title:EURNZD H4 | Heading towards key resistanceType:Bearish reversalPreference:The price is rising towards the pivot at 1.99678, an overlap resistance that is slightly above the 61.8% Fibonacci...

GBPUSD H1 | Could we see a reversal from here
GBPUSD H1 | Could we see a reversal from here

Title:GBPUSD H1 | Could we see a reversal from here?Type:Bearish reversalPreference: The price is falling towards the pivot at 0.7150, a pullback support. A bounce from this level could lead the price...