Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]
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Was SPX rally from 2009 lows based off of QE?
Read MoreQuantitative easing mainly known as “QE program” was the biggest emergency economic stimulus in the history. The U.S. Federal Reserve’s once-in-a-lifetime program to buy immense piles of bonds, month after month, in an extraordinary effort to restart a recession-deadened economy came to an end in October 2014 after adding more than $3.5 trillion to the Fed’s balance […]
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Revisiting Shanghai Index for the Path of Global Indices
Read MoreLast year, in our video dated November 2, 2015 we warned our viewers that the Chinese stock market still has more downside to go. We argued that Shanghai Composite Index may retest the 2008 low towards 1944 – 2370 area. The forecast proved accurate and the Chinese stock market resumed a strong selloff in the first one and half months in 2016. The […]
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Elliott Wave Quiz: Could you recognize the structure ?
Read MoreLately we were doing a lot of educational blogs, explaining various Elliott Wave Patterns through real Market examples. Now we invite you to take this short Quiz in order to test your Elliott Wave knowledge. $USDCAD chart below shows our forecast from 16. March 2016 .It’s calling x red connector completed at 1.3347 and suggesting further […]
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How Sustainable is USD Weakness post FOMC
Read MoreIn our past article “US Dollar Outlook into FOMC Meeting on March 16“, we argue that the Fed is likely going to stay put and temper the rate hike expectation and this action should cause U.S. Dollar weakness. It happened as expected with the Fed last Wednesday lowers the median 2016 dot to two hikes from four hikes. The Fed cited […]
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$EURAUD Elliott Waves Forecasting the decline
Read MoreIn this technical blog we’re going to take a quick look at $EURAUD price structure we had on 2.19.2016 to explain Ellott Wave Forecast we had back then. 1 Hour chart below presents New York Update from Februar 19. 2016 date. It suggests the cycle from the 02.09. date ( 1.6150 high) ended at 1.5538 […]
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US Dollar Outlook into FOMC Meeting on March 16
Read MoreWhen the Fed raised the rate last year, the minutes suggest that they were relatively hawkish and expected 4 more rate hikes in 2016, as December Fed’s dot plot shows. Subsequent events after the December meeting however have seen oil, commodities, and indices selling off sharply, giving pressure to the headline inflation rate. Central banks around the […]