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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

USOUSD H1 | Bearish reversal off pullback resistance
USOUSD H1 | Bearish reversal off pullback resistance

TitleUSOUSD H1 | Bearish reversal off pullback resistanceTypeBearish reversalPreferenceThe price is rising towards the pivot at 63.55, which is a pullback resistance that is slightly below the 50%...

USDCHF H4 | Falling towards pullback support
USDCHF H4 | Falling towards pullback support

TitleUSDCHF H4 | Falling towards pullback supportTypeBullish bouncePreferenceThe price is falling towards the pivot at 0.7740, a pullback support that aligns with the 38.2% Fibonacci retracement.  A...

GBPUSD H4 | Falling towards 61.8% Fib support
GBPUSD H4 | Falling towards 61.8% Fib support

TitleGBPUSD H4 | Falling towards 61.8% Fib supportTypeBullish bouncePreferenceThe price is falling towards the pivot at 1.3549, a pullback support that aligns with the 61.8% Fibonacci retracement. A...

XAUUSD H4 | Bullish bounce off overlap support
XAUUSD H4 | Bullish bounce off overlap support

TitleXAUUSD H4 | Bullish bounce off overlap supportTypeBullish bouncePreferenceThe price is falling towards the pivot at 4,541.80, which is an overlap support that aligns with the 78.6% Fibonacci...