I believe that trendlines are one of the simplest, yet most powerful tools an analyst can employ. An early mentor of mine said it best when he pointed out that “a kid with a ruler could make a million dollars” by simply drawing trendlines on price charts. Today, we’re following up with another real-world example, only this time...Why China’s Insatiable Appetite For Coal Has Likely Peaked
A recent report from Greenpeace found that China’s coal consumption declined in the first half of this year and new Chinese government data suggests that the country’s coal imports have dropped. Estimates indicate that by the end of the year, China’s coal imports...Currency crunch looms over Scottish referendum
Traders are now left in a quandary. The cost of taking insurance against a ‘Yes’ vote has risen markedly; two-week GBP/USD implied volatility straddling the date of the vote has tripled to 12%. This means it could be an expensive option to take if the ‘No’ vote wins. If the ‘No’ vote succeeds, GBP could enjoy a relief rally, which makes sterling’s current valuations attractive... Entering the Forex Field When the Bears Have the Ball
For any market, Forex or otherwise, a bear market describes a period when the general feeling about the market is pessimistic. Prices are falling causing investors to get scared and try to sell as fast as they can before they lose any more money. A true bear market is noted by a 20% decline in prices in a key stock market index...
One of the world’s legendary investors is upping his bet on Argentina’s shale oil and gas industry in a show of confidence for shale production in South America’s largest unconventional prize —and a big boost for both supermajors and smaller players making big waves in the heart of new discovery areas...
For the past 15 years, Elliott Wave International’s chief commodity analyst Jeffrey Kennedy has been using trendlines to identify high-probability trade set-ups in close to 20 markets he regularly follows. You might be familiar with one of those markets, cocoa. In his May 2014 Monthly Commodity Junctures...
So what exactly is Twitch and why did Amazon.com Inc. (NASDAQ:AMZN) shell out close to $1 billion to buy this company? Here is my take, young men’s eyeballs. Young men are some of the hardest demographics to track for advertisers. The combination of Amazon and Twitch...
Islamic State’s Ultimate Goal: Saudi Arabia’s Oil Wells
Islamic State — which has its origins in al-Qaeda – knows fully well that in order to sustain itself as a viable and lasting religious, political, economic and military entity in the region, it has to follow the same objectives established by al-Qaeda when Osama bin Laden broke off his relations with the Saudi monarchy and vowed to bring down the House of Saud... 2 Examples of the Forecasting Ability of the Elliott Wave Principle
Some people think the Wave Principle is complicated. But, in reality, all you need to know to find trading opportunities are the five core patterns: impulse waves and diagonals move in the direction of the larger trend; the zigzag, triangle and flat are corrective waves that move against that trend. What is most important to understand about the Wave Principle is that each wave pattern implies a path for future price movement....Sergey Kamenshchikov, IFC Market Analyst talks Forex, Strategy & Risk Control
I expect that geopolitics, not the economy will be the “main hero” of the second half of year. Unfortunately I expect the expansion of the Russian-Ukraine conflict. It will definitely weaken the EU economy eventually and decelerate the recovering. However this is a chance for Asian markets and Japan in particular...Predicting Forex Trends Using Economic Fundamentals
Economics, politics and social factors are all at play when it comes to trying to predict the movement of currency. Most fundamental analysts of Forex trading focus their attention on the economic news that is affecting currency...The Kardashians and Climate Change: Interview with Judith Curry
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...New Technology Could End The Debate Over Pipeline Safety
The surge in North American oil and gas production is arguably the most important development in energy over the last decade. That’s the good news. The not so good news is that North America doesn’t have nearly enough oil and gas pipelines to accommodate its 11-million-barrel-a-day output level... Who Needs Russia? Ukraine Will Destroy Itself With New Gas Tax
Ukrainian President Petro Poroshenko on August 1 signed off on a new tax code that effectively doubles the tax private gas producers in Ukraine will have to pay, calling into question any new investment, as well as commitment from key producers...Jeb Handwerger: Position Yourself for Fall Fireworks
Investors are all too familiar with the KABOOM in precious metals prices in the fall of 2011 and the echo that’s still reverberating. Three years later Jeb Handwerger, founder of GoldStockTrades.com, believes it could be the broad market’s turn - and soon. In this interview with The Gold Report, Handwerger explains why it’s important to position yourself for some fall fireworks and suggests some stocks with booming fundamentals....Five Fatal Flaws of Trading
If you aim to be a consistently successful trader, then you must have a defined trading methodology, which is simply a clear and concise way of looking at markets. 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 can’t even consistently correctly identify the trend. How to overcome this fatal flaw? Answer: Write down your methodology. Define in writing what your analytical tools are and, more importantly, how you use them. It doesn’t matter whether you use the Wave Principle, Point and Figure charts, Stochastics, RSI or a combination of all of the above....Jason Hamlin Says Gold Is Unstoppable, with Stocks Leading the Way
Downward manipulation of gold and silver is real, declares Jason Hamlin, but the longer it continues, the higher prices will go when the free market reasserts itself. In this interview with The Gold Report, publisher of the Gold Stock Bull newsletter argues that rising geopolitical anxiety coupled with endless monetary expansion could lead to explosive growth in precious metals and equities, and lists his favorite royalty/streaming companies and favorite gold and silver miners...The Bigger Oil Story Behind the Headlines: Interview with Michael Levi
Michael Levi, David M. Rubenstein Senior Fellow for Energy and the Environment and Director of the Maurice R. Greenberg Center for Geoeconomic Studies, navigates us through today’s oil headlines, extracting reality from sensation, and discusses his book...“Silent Crash”: Why the Real Value of the Dow Jones Industrials Matters
Stock market investors who glance at their screens see the dollar value of the Dow Industrials. Another way — the way Elliott Wave International (EWI) prefers — is real value, in terms of the things you can actually buy with your Dow shares...5 Industries Worried About Peak Oil
The debate over the impact of peak oil has been raging for decades. Although few deny that the end of mass oil consumption is drawing nearer, educated estimates now range between 2020 and 2030. But more important than the timeframe of peak oil are its consequences...Trending in Forex Trading
We have multiple advantages over other brokers; ranging from some of the most competitive fixed spreads on the market (even during major news announcements), fixed low margin requirements as well as award-winning support. The key focus of everything we do goes back to making the trading experience for our clients as straightforward and convenient as possible...Making Your Forex Enterprise a Success by Mimicking Your Mentor
If you want to stop losing your Forex account money quickly, adopt the attitude of learning from your own mistakes. If you want to learn how to increase the amount in that account, seek a reputable mentor who’s willing to share his years of learned knowledge with you...
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