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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Winning or Misery and the Market Psychology
Read MoreWinning or Misery and the Market Psychology As everyone knows, the market has two sides and is very hard to forecast with a higher degree of acceptances. Market participants sometimes tend to forget the simple ideas that there are two sides trying to make money and been winners. The reality is that most traders lose […]
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EURCAD Short Term Elliott Wave Analysis 10.29.2015
Read MoreShort term Elliott Wave view suggests decline to 1.4439 ended wave (w) and bounce to 1.4668 ended wave (x) as a FLAT. Pair has since resumed in wave (y) lower with the internals unfolding as a zigzag. The first leg of the decline wave (a) is in progress as 5 waves. From 1.4668 high, the […]
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EURAUD Short Term Elliott Wave Update 10.28.2015
Read MoreRevised short term Elliott wave view suggests decline to 1.515 ended wave (X)) and pair has resumed the rally. Wave ((w)) is unfolding in a double three structure where wave (w) ended at 1.5378, wave (x) ended at 1.532, and wave (y) is in progress towards 1.5532 – 1.5582 before a 3 waves pullback. Near term, pair […]
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EURAUD Short Term Elliott Wave Analysis 10.27.2015
Read MoreBest reading of Elliott wave cycle suggests decline to 1.545 ended wave “A” and bounce to 1.582 ended wave “B”. Wave “C” is in progress as 5 waves where wave ((i)) ended at 1.549, wave ((ii)) ended at 1.579, wave ((iii)) ended at 1.516, and wave ((iv)) is in progress towards 1.53 – 1.539 area before turning […]