Back in 2012, the yen looked like the strongest monetary unit in the financial universe, standing at an all-time record high against the mighty U.S. dollar, the world’s “reserve” currency. Flash ahead to now (circa September 2015), and the yen is down 30% whilst clinging to its lowest level against the dollar in 12 years. So, what changed?
Technical vs. Fundamental Analysis? The Winner is…
Technical versus fundamental analysis: Which approach yields better investment results? A new study by three finance professors offers an answer.
The focus of their study were a thousand pairs of recommendations made between November 2011 and December 2014 on the TV show “Talking Numbers” … The first half of each pair was a recommendation from a top technician about a stock in the news; the second half was a recommendation about that same stock from a leading fundamental analyst.
Elliott Waves Point to Market Probabilities
The “personality” of a third wave shows itself in recent market action. Third waves are wonders to behold. They are strong and broad, and the trend at this point is unmistakable. … Third waves usually generate the greatest volume and price movement … .
Global Stocks Slide
“When the alarm goes off and the dreamers awake, it will be pandemonium in the stock market.” — Bob Prechter
How to Use the Stochastic Oscillator
The stochastic oscillator is a popular tool for analyzing a market. Watch the video to learn how you can use this indicator in your trading. Another way to use Stochastic is as a trend analysis tool. In the following video Jeffrey gives a good explanation of the terms “overbought” and “oversold”. He says these two terms are responsible for more lost money among rookie traders than anything else. So watch the video and get some great tips on using stochastics in your trading.
The U.S. Dollar’s 2014-2015 Rally
Let’s look at the 2014-15 Dollar rally and how the Elliott Wave Principle applies to Currencies and Foreign Exchange (Forex). I always say trading forex markets is like riding a bike — except that said bike has one flat tire and the ground beneath it is covered in ice.
So why is Forex so popular, you might ask? In fact, forex is the most liquid market on earth, where trillions of dollars change millions of hands every day.
The reason people are so willing to ride that bike — so to speak — is because if you can stay on, the rewards are often unmatched. The trick, of course, is staying on.
EURUSD: Why Recent Ups and Downs Are NOT Random
How do you know what “your” forex market will do tomorrow? You don’t. All anyone can do is guess. But some guesses are more “educated” than others…
“Markets are doing what they are supposed to be doing: inflicting the most pain on the most number of people. Markets fool the most number of people at the most unexpected moments, but by tracking Elliott wave patterns, sentiment (and the news) you can prepare yourself.”
The Basics of Corrective Waves
The first distinction in Elliott Wave Analysis is between “motive” and “corrective” waves. The primary focus of this lesson is the corrective waves. Corrective waves can be either “ZigZag”, “Flat” or “Triangle”.
What Stock Market Bulls Might Be Overlooking- Video
A growing economy is not necessarily bullish — see for yourself. If a strong economy means a strong stock market, then stocks should have continued higher in 2007 when GDP expanded at 2.7%, unemployment was 4.6% and Consumer confidence was very strong, . They didn’t, instead the Dow fell more than 50% over the next year and a half: