Economic Trends

Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.

Elliott Wave Forex Trading Video: It’s Not The News That Matters

By Jim Martens How to apply the Elliott Wave to Forex Trading The standard explanation mainstream financial analysts and some forex trading “experts” use when talking about a market move is, “The market did that because of such-and-such news report.” But if you’ve been forex trading long enough, you know that all too often, the […]

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Forex – A Snappy Way To Make (or Lose) Serious Bucks

$1.3 Trillion; Safe estimates peg it as the amount of currency that’s traded on the Forex every single day. Trading on the forex capital markets is one of the fastest growing income generating opportunities in the world. All it takes to start is a small investment (many dealers will start you off with as little as

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Trend Reversal And Trend Continuation Profitable Candlestick Patterns

Enhance your trading confidence with this lesson on how the top technical tools  Japanese Candlesticks, RSI and MACD “Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or sell signal. Moreover, you

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Understanding Robert Prechter’s ‘Slope of Hope’

By Elliott Wave International
Almost everybody who follows financial markets has heard about climbing the “wall of worry”: the time when prices head up bullishly, but no one quite believes in the rally, so there’s more worry about a fall than a rise.

What’s the opposite condition in the market?

Bob Prechter named it the “slope of hope,” meaning that as prices head down, no one wants to believe the market really has turned bearish, so there’s more hope for a rise than fear of a fall.

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