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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Test Your Elliott Wave Knowledge
Read MoreHello fellow Traders, we challenge you to Take this Quiz and test your knowledge. On the chart below you can see our h4 Elliott Wave analysis of $GBPJPY from 11.21.2015 date. Take a close look at the labeling and see if you’re able to answer 3 questions given below… 1. Rally from the 180.63 up to […]
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CADJPY Short Term Elliott Wave Analysis 12.24.2015
Read MoreShort term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, wave 4 bounce unfolded as a double three structure where wave ((w)) ended at 87.05, wave ((x)) ended at 86.5, and wave ((y)) of 4 is proposed to be complete at 87.4. Pair should now try to at least correct the rally from […]
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SILVER – GOLD VS US DOLLAR | Predicting the Reversal
Read MoreIntroduction | SILVER:XAG and GOLD:XAU Let’s start from what we know so far. Gold:XAUUSD has been devaluated by approximately 42% since 2011’s all times highs 1.920 level and Silver:XAGUSD has been devaluated by almost 73% respectively from 2011’s all times high 49.780 level. Plain and simple Gold has lost almost half of its value while […]
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CADJPY Short Term Elliott Wave Analysis 12.23.2015
Read MoreShort term Elliott Wave cycle suggests decline to 86.35 ended wave 3. From this level, pair has started wave 4 bounce in 3 swing towards 87.3 – 87.75 before the decline resumes. As far as wave ((iv)) pivot at 88.9 stays intact, expect sellers to appear from the above area and pair to resume lower once wave 4 […]