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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SPX RSI Analysis Suggests the Sky Isn’t Falling – Yet
Read MoreTo be kind, it’s been quite a challenging couple of months for the emotional health of all of us, including traders. There’s been state sponsored attempted cover-up of a murder that could threaten the geo-political environment depending upon what the strong hand of the U.S. considers toward a so called “ally”, world record lottery jackpots […]
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Elliott Wave Analysis: Further Downside Expected in EURUSD
Read MoreEURUSD has broken below Nov 1 low (1.13) and now the pair shows a 5 swing bearish sequence from Sept 24 high (1.1815), favoring further downside. Short term Elliott Wave view suggests that the move higher to 1.15 ended wave ((2)) in Primary degree. Internal of wave ((2)) unfolded as a double three Elliott Wave […]
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Palladium Bullish Elliott Wave Sequence: Buyers Awaiting Pull back
Read MorePalladium recently broke above January 2018 peak which has brought about a new wave of optimism in the commodity but is it the right time to jump into the longs or there could be a better time and levels to buy the commodity. In June 2018, Palladium was in a pull back to correct the […]
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Knowing Your Identity is Important to Trading Success
Read MoreIt’s important for financial market players to know their identity to be successful in the world of trading. A mistaken identity is often the cause of a failure for new aspiring traders. There are at least 3 distinct categories of financial market players and some combination of them: Investor Speculator Gambler 1. Investor An investor […]