Tag: elliott wave international

Abenomics: From Faith to Failure

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Why the biggest monetary stimulus effort in the world did NOT stop deflation in its tracks

By Elliott Wave International

When Shinzo Abe became the Prime Minister of Japan in December 2012, he was regarded with the kind of reverence that politicians dream about. He was featured in a hit pop song ("Abeno Mix"), hailed as a "samurai warrior," and featured on the May 2013 The Economist cover as none other than Superman.

But in the two short years since, Abe as Superman has been struck down by the superpower-zapping force of economic kryptonite. On November 17, government reports confirmed that Japan's brief respite from a 20-year long entrenched deflation was over as the nation's 2nd & 3rd quarter GDP shrank 7.2% and 1.6% respectively.

In the words of a November 20, 2014 New York Times article: Continue reading "Abenomics: From Faith to Failure" →

Every Day Is Black Friday In The World Of Forex

Posted on by The INO.com Team

Gain the ultimate advantage with our FREE eBook "How to use the Wave Principle to Boost Your Forex Trading"

By Elliott Wave International

The foreign currency exchange market, known as forex, is the most liquid financial market on the planet -- liquid to the tune of $5.3 trillion traded per day!

That basically means every single day in forex is the day after Thanksgiving -- a.k.a. "Black Friday" -- with a stampede of traders pounding at the front door come opening bell, and then frantically racing up and down the market aisles in search of opportunities.

It's madness. Market turns are lightning fast. You have to be faster. You have one single goal: Get there before they're gone.

That goal, however, is difficult to attain if you're following the blueprint of mainstream financial analysis; which tells you to look outside the market for clues as to where prices will go next. The trouble with this strategy is that when you have your eyes focused outside the markets, you often miss high-confidence trade set-ups developing on the price charts themselves.

Take, for instance, the recent near-term performance in the euro/Canadian dollar exchange rate, forex name EURCAD. On November 20, the EURCAD took a nasty fall and continued slipping to a one-month low on November 21. Mainstream analysis identified the "cause" of the move after prices had already started to reverse: Continue reading "Every Day Is Black Friday In The World Of Forex" →

Forex Trading: Perspective, Trends & Finding New Opportunities

Posted on by The INO.com Team

Jim Martens shares key insights into trading currencies with the Wave Principle

By Elliott Wave International

In this brand-new video interview, EWI Senior Currency Strategist Jim Martens shows you his approach to the forex markets -- and how the "simplicity" of Elliott wave analysis has guided him through 23 years of forecasting.

Watch this new interview -- and follow the link below the video to learn how to get a full week of his currency forecasts - FREE - during Forex FreeWeek (Nov 4-11).

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Forex FreeWeek is a 7-day event where you get unrestricted, 24/7 access to intraday, daily, weekly and monthly forecasts -- including charts and videos from our premium-grade Currency Pro Service.

Currency Pro Service's team of four currency experts brings you forecasts for these popular FX pairs:

  • EUR/USD
  • USD/JPY
  • GBP/USD
  • USDX, the Dollar Index
  • More...

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This article was syndicated by Elliott Wave International and was originally published under the headline Forex Trading: Perspective, Trends & Finding New Opportunities. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.

Don't Get Ruined by These 10 Popular Investment Myths (Part III)

Posted on by The INO.com Team

Interest rates, oil prices, earnings, GDP, wars, terrorist attacks, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By Elliott Wave International

You may remember that during the 2008-2009 financial crisis, many called into question traditional economic models. Why did the traditional financial models fail?

And more importantly, will they warn us of a new approaching doomsday, should there be one?

That's a crucial question to your financial well-being. This series gives you a well-researched answer.

Here is Part III; come back soon for Part IV.

Myth #3: "Expanding trade deficit is bad for economy -- and bearish for stocks."

By Robert Prechter (excerpted from the monthly Elliott Wave Theorist; published since 1979)

Over the past 30 years, hundreds of articles -- you can find them on the web -- have featured comments from economists about the worrisome nature of the U.S. trade deficit. It seems to be a reasonable thing to worry about.

But has it been correct to assume throughout this time that an expanding trade deficit impacts the economy negatively?

Figure 8 answers this question in the negative: Continue reading "Don't Get Ruined by These 10 Popular Investment Myths (Part III)" →

Don't Get Ruined by These 10 Popular Investment Myths (Part II)

Posted on by The INO.com Team

Interest rates, oil prices, earnings, GDP, wars, terrorist attacks, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By: Elliott Wave International

You may remember that during the 2008-2009 financial crisis, many called into question traditional economic models. Why did the traditional financial models fail?

And more importantly, will they warn us of a new approaching doomsday, should there be one?

That's a crucial question to your financial well-being. This series gives you a well-researched answer.

Here is Part II; come back soon for Part III. Continue reading "Don't Get Ruined by These 10 Popular Investment Myths (Part II)" →