Avoid the ‘Big Promise’

Step up to the plate, and swing for 10% net gains per month.

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Avoid the ‘Big Promise’

Step up to the plate, and swing for 10% net gains per month.

Click Here!

Education

Unique Three River Bottom

The Japanese Candlesticks Unique Three River Bottom Pattern is an average 3 candlestick bullish reversal pattern occurring during a downtrend.

The Unique Three River Bottom is a bullish pattern, somewhat similar to the Morning Star Pattern.

Its first candlestick is a long black candlestick that is part of the downtrend.

The second day opens [...]

Education

The Basis of the Wave Principle

by R. N. Elliott
First published on October 1, 1940

Civilization rests upon change. This change is cyclical in origin and characteristics. A rhythmic series of extreme changes constitutes a cycle. When a cycle has been completed, another cycle is started. The rhythm of the new cycle will be the same as that of [...]

Forex Signals Latest Post

May 21, 2012 Forex Signals

After near two weeks of risk aversion and US Dollar gains, the markets have begun this week on slightly firmer ground. Noises from the G8 about boosting economic growth combined with words conducive to a similar theme from Chinese Premier Wen Jiabao helped the Euro poke its nose through 1.2800 for the first time in nearly a week. Faltering at first, the single currency unit fell back to 1.2735 however Wall Street took on Monday with gusto and in doing so lifted risky assets across the board. The safe haven Japanese Yen faced a double-edged sword yesterday, not only a recovery in sentiment but noises from its own central bank hinted policy makers would be stepping in this week to weaken the Yen and boost local growth. The central bank is due to meet for its monthly policy meeting on Wednesday. Opening levels this morning have the Euro trading at 1.2810 against the Greenback and the Yen is selling at 79.30 per dollar. Apart from swings in sentiment markets will be keeping a close eye on tonight’s existing home sales data out of the US.

Now, on to our open positions and new trades. Lets take a look at the specifics:

…more on May 21, 2012 Forex Signals