A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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How to use cross pairs to get an edge in Trading
Read MoreMany traders are of the mind set that they should follow only one or a very few instruments and therefore, you would come across many traders who trade just EURUSD, GBPUSD, ES_F or Gold (XAUUSD) for example. We at www.elliottwave-forecast.com believe that market works as a whole and as a forecaster we need to analyse […]
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Not a good time to buy iRobot shares !
Read MoreiRobot Corporation is an American advanced technology company which designs and builds military, police and home robots . However in April 2016, the corporation sold off its Defense & Security unit, with a new company being formed called Endeavor Robotics . So now it’s only focusing the work on the development of home and medical robots . iRobot started being traded on the NASDAQ stock […]
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Will the new policy by OPEC reverse oil’s price trend?
Read MoreIn a significant shift of Arab Saudi’s oil policy since 2008, on Wednesday Sept 24, the kingdom has reached an understanding together with other members of the oil cartel to cut oil’s output to reduce the world’s supply glut. This is in contrast to Arab Saudi’s persistent policy to flood the oil market in the last few years to wage […]
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Daily Elliott Wave Technical Analysis for TLT
Read MoreIt 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 […]