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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Elliott wave Theory and the right Execution
Read MoreElliott wave Principle was develop around 1930’s and since then many traders have been following the theory and applying it in their everyday trading. We all know life is not perfect and nothing is 100% correct, same applies to the Elliott wave Theory. We have been trying over the last 11 years to take away the subjective […]
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An Important Lesson on Money Management
Read MoreThere are 3 major key factors in Trading that every professional trader should have: 1. Ability to forecast the market 2. Good Money management 3. Good Psychology. It’s crucial for all three factors to be included in order to succeed. If just one of these 3 mentioned factors is missing, the trader will fail. In […]
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What happens when you don’t follow the 2% rule
Read MoreAs we have mentioned, every trader besides ability to forecast the market well, should also have good psychology and good money management in order to be successful. One of the most important things is to know how to manage the risks well and keep them as low as possible. As the rule says, you shouldn’t […]
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USDJPY Short-term Elliott Wave Analysis 4.15.2016
Read MoreShort term Elliottwave structure suggests that wave W rally from 4/7 low (107.66) is unfolding as a flat where wave ((a)) ended at 108.99, wave ((b)) ended at 107.6, and wave ((c)) is in progress with internals as 5 waves. Wave (v) of ((c)) is currently in progress towards 109.94 – 110.34 area and this […]