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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Time, Price and Distribution
Read MoreTraders, usually, have been told that Price is the most important aspect of the trading dynamic. We have been told to look at the charts all day and follow every swing the Market does, sometimes even dropping down to the 1 minute chart and using a range of indicators to try and decode the price action. […]
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GBPCAD Short Term Elliott Wave Update 10.8.2015
Read MoreBest reading of the cycle suggests that rally to 2.057 ended wave X. From this level, the pair resumed the decline in wave ((w)) as a double three structure wxy where wave w ended at 2.0168, wave x ended at 2.04, and wave y of ((w)) completed at 1.98. Wave ((x)) bounce is currently in progress […]
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EURCAD WXY Elliott Wave Structure
Read MoreIn this video, we take a look at the decline in EURCAD since 8/24 peak which we think is taking the form of a double three (WXY) Elliott Wave structure. WXY is a 7 swing structure and we think pair is close to ending the 5th swing i.e,. wave ((w)) of Y and is in […]
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GBPCAD Short Term Elliott Wave Update 10.7.2015
Read MoreBest reading of the cycle suggests that rally to 2.057 ended wave X. From this level, the pair resumed the decline in wave ((w)) as a double three structure wxy where wave w ended at 2.0168, wave x ended at 2.04, and wave y of ((w)) completed at 1.98. Wave ((x)) bounce is currently in progress […]