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 H4 | Bullish bounce off 61.8% Fib support
XAUUSD H4 | Bullish bounce off 61.8% Fib support

Title:XAUUSD H4 | Bullish bounce off 61.8% Fib supportType:Bullish bouncePreference:The price is falling towards the pivot at 4,694.64, a pullback support that aligns with the 61.8% Fibonacci...

EURUSD H1 | Heading towards key resistance
EURUSD H1 | Heading towards key resistance

Title:EURUSD H1 | Heading towards key resistanceType:Bearish reversalPreference:The price is rising towards the pivot at 11731, an overlap resistance that is slightly above the 50% Fibonacci...

GBPUSD H1 | Bullish bounce off pullback support
GBPUSD H1 | Bullish bounce off pullback support

Title:GBPUSD H1 | Bullish bounce off pullback supportType:Bullish bouncePreference: The price is falling towards the pivot at 1.3508, a pullback support that aligns with the 38.2% Fibonacci...

EURCAD H4 | Bullish bounce off
EURCAD H4 | Bullish bounce off

Title:EURCAD H4 | Bullish bounce off Type:Bullish bouncePreference:The price has bounced off the pivot at 1.59952, a pullback support. A rise at this level could lead the price toward the 1st...