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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 H4 | Falling towards key support
USOUSD H4 | Falling towards key support

Title:USOUSD H4 | Falling towards key supportType:Bullish bouncePreference:The price is falling toward the pivot at 78.80,  an overlap support that is slightly below the 61.8% Fibonacci retracement. ...

USDJPY H4  | Heading towards Fib resistance
USDJPY H4  | Heading towards Fib resistance

Title:USDJPY H4  | Heading towards Fib resistanceType:Bearish reversalPreference: The price is rising toward the pivot at 160.62, which is an overlap resistance that aligns with the 145% Fibonacci...

AUDUSD H4 | Bullish momentum to continue
AUDUSD H4 | Bullish momentum to continue

Title:AUDUSD H4 | Bullish momentum to continueType:Bullish bouncePreference:The price is falling toward the pivot at 0.7128, a pullback support that aligns with the 50% and the 23.6%  Fibonacci...

USDCAD H4 | Bearish continuation setup
USDCAD H4 | Bearish continuation setup

Title:USDCAD H4 | Bearish continuation setupType:Bearish reversalPreference:The price has rejected the pivot at 1.3862, an overlap resistance that aligns with the 38.2% Fibonacci retracement. A drop...