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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Bull Market Could Have Arrived to Swiss Index (SMI)
Read MoreThe Swiss Market Index (SMI) is one of the other Capital Markets worldwide that was building a motive wave from the lows of March 2020. That impulse we called wave I and we believe correction as wave II could be done already after reach a blue box in Daily chart. SMI October 22nd Daily Chart […]
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CHFJPY – Taking Advantage of Weakening Yen
Read MoreWe saw a surge in the market in CHFJPY last week. First time since 2007, SNB have increased their interest rate by 50 basis points. This occurred as soon as the FED raised their interest rates. Therefore, the next step was us to wait for a 3 or a 7 swing correction. A good way […]
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Elliott Wave View: GBPJPY Correction Can Extend
Read MoreShort term Elliott Wave in GBPJPY suggests cycle from 12/3/2021 low has ended as wave ((1)) with the rally to 168.7. Wave ((2)) pullback is currently in progress to correct cycle from December 2021 low. Internal subdivision of wave ((2)) is unfolding as a double three Elliott Wave structure. Down from wave ((1)), wave A […]
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USDNOK – Dollar Sees a Reaction from Blue Box
Read MoreWe have been pretty bullish on the USDNOK throughout the year and Dollar has more strength to come to support this pair. Recently, we posted a trade idea on USDNOK that the market was correcting in a 3 or 7 swing structure and we took advantage of this. This has been a pretty successful trade […]