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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Did he fall or was he pushed? The true story of GBPJPY
Read MoreWe all think we know the story of “Humpty Dumpty”. We all have heard the tale of the Wall and his Great Fall. We know how hard the soldier tried but couldn’t get Mr. Dumpty back together again. Similarly keeping that story on mind on previous Thursday April 28th, when Bank of Japan showed up […]
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The Disease of Me: Reason behind failure of many traders
Read MoreThe Market is the king of all kings when it comes to trading. Many traders enter the Market with the belief that they will become multi-millionaires in a very short period of time and start disrespecting the Market. As we have always said, the Market is very mysterious and most trader experience a higher degree of success during […]
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New Zealand Dollar Outlook in Q2 2016
Read MoreIn the last Monetary Policy Statement (MPS) in March, Reserve Bank of New Zealand (RBNZ) is not happy with the currency’s continued appreciation. They cited the New Zealand Dollar trade-weighted exchange rate is more than 4% higher than projected in December. In subsequent meeting in April 28, RBNZ decided to stay put with the OCR (Official Cash Rate) but RBNZ Governor Graeme […]
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Sugar $SB_F Short-term Elliott Wave Analysis 5.5.2016
Read MoreShort term Elliottwave structure suggests that decline to 13.99 ended wave X. Rally from there is unfolding as a zigzag where wave (a) ended at 15.71, and wave (b) ended at 15.01. Wave (c) of ((w)) is expected to complete at 16.72 – 17.12 area, then it should pullback in wave ((x)) to correct the rally […]