Daily Elliott Wave Technical Analysis for TLT

2016-10-01-TLT-D

It has been a while since writing an Elliott Wave analysis piece on this instrument and I would like to start by mentioning this view from October 2015 here . Notice the date 6/26/2015  and lows at 114.88 which is shown there as a blue wave (X) . This current analysis shown below at the lower part of the page references this low as one degree larger ((X)) at the 6/26/2015 lows since subsequent price analysis suggests it is of one larger degree. Other than that the price action since the previous … [Read more...]

Elliott Wave Theory Structure : Double Three with a Contracting Triangle in the connector Wave B or X

triangle_connector

 As mentioned here before double three structures are common to see in the market and as it has been pointed out before they can also be the Elliott wave formation that a particular market instrument is trending in the larger degrees and time frames since some markets fail to display an impulsive Elliott wave count. With that said these structures also may be seen in any time frame and degree. In the graphic below is a bullish example which can be applied inversely for a bearish market … [Read more...]

The Progress of Emerging Markets

Emerging markets

Since 2000 emerging markets and developing economies has grown rapidly becoming the driver of global growth , this progress is clearly confirmed in 2013 when emerging markets became the larger contributor in the global GDP and shifting the wheel of the world economy. A study based on projected GDP at purchasing power parities (PPP) for the G7 economies ( United States, Canada, France, Germany, Italy, Japan, and the United Kingdom ) relative to the emerging E7 economies (China, India, … [Read more...]

Intel Slow Growth

Intel blog

Intel Corporation ( also known as Intel ) is one of the world's largest and highest valued semiconductor chip makers around the world and is the inventor of the x86 series of microprocessors, the processors found in most personal computers . Intel stock is traded in The NASDAQ Stock Market which was hit hard in the 2000 dot-com bubble crash , after that INTC kept going lower as the Corporation struggled in front of its major competitors like AMD , Nvidia , Samsung , Toshiba ect ... However … [Read more...]

The rise of Crypto-Currency : Bitcoin

Bitcoin

Bitcoin is a digital currency distributed worldwide in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever : there is no government, company, or bank in charge of Bitcoin. 7 years ago Bitcoin was introduced to the world , many believe it that the world of currency will change and the digital currency will … [Read more...]

$EURJPY Live Trading Room Setup from 9/6

EURJPY Setup

We issued a scalping short order for $EURJPY at market on Sep 6 Live Trading Room. We took profit on Sep 7 for a +95 pips profit. Each day in Live Trading Room, members attending the session will receive a similar trading journal like the one below The short clip below from our Live Trading Room on September 6 provides the setup for $EURJPY short trade. We have a solid system to minimize the risk and protect position when trade is going our way. Check out Live Trading Room daily starting … [Read more...]