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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

USDCHF H1 | Pullback resistance ahead
USDCHF H1 | Pullback resistance ahead

Title:USDCHF H1 | Pullback resistance aheadType:Bearish reversalPreference:The price is rising towards the pivot at 0.7873, a pullback resistance that aligns with the 61.8% Fibonacci retracement and...

CHFJPY H4 | Bullish bounce off
CHFJPY H4 | Bullish bounce off

Title:CHFJPY H4 | Bullish bounce offType:Bullish bouncePreference:The price has bounced off the pivot at 200.14, a pullback support. A bounce at this level could lead the price toward the 1st...

XAUUSD H1 | Bearish continuation
XAUUSD H1 | Bearish continuation

Title:XAUUSD H1 | Bearish continuationType:Bearish reversalPreference:The price is rising towards the pivot at 4,561.81, a pullback resistance that aligns with the 38.2% Fibonacci retracement. A...

USDCAD H1 | Bullish bounce for the Loonie
USDCAD H1 | Bullish bounce for the Loonie

Title:USDCAD H1 | Bullish bounce for the LoonieType:Bullish bouncePreference: The price is falling towards the pivot at 1.3598, a pullback support that lines up with the 38.2% Fibonacci retracement. A...