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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$EURAUD (9.12.2013)
Read MorePair is in a 5 wave decline from 1.5033 peak Wave (( iv )) appears to have completed as a FLAT and a swing lower is now expected to complete wave (( v )). In case of new highs above 1.4402, wave ( c ) of (( iv )) can take the form of an […]
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TASI 4H Analysis 08/27/2013 – Elliott Wave Forecast
Read MoreIn our previous Elliott wave analysis of TASI published on 8.27.2013, we were expecting a 3 wave pull back in the Index to complete wave “b” before rally resumed. Initial leg down was in 5 waves which we have labelled as wave (( A )) of correction. Following a recovery to 61.8 fib (8004), Index […]
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$AUDUSD (9.11.2013)
Read MorePair is in wave 4 which can completed between 0.9186 – 0.9237 before wave 5 higher. Expect price to stay above 0.9120 during this wave 4 for the idea to remain valid. Hourly cycles remain positive and hence we don’t like selling the pair into wave C of 4 If you would like to see […]
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$AUDJPY (9.10.2013)
Read MorePair is in wave ( v ) of (( iii )) which is extending and can reach as high as 94.06 before a pull back in wave (( iv )) and higher again. We don’t like selling the pair in proposed wave (( iv )) as hourly cycles remain positive. If you would like […]