August 7, 2016

#fxroom Interview with Eric Morera on Price, Distribution, and Time

In this interview video by Dale Pinkert at July 20, 2015, our chief currency strategist and founder Eric Morera explained how the bounces in $EURUSD from March 2015 low is not a wave 4 as many other wavers label it. Eric explained how he used time and distribution to to conclude that the cycle from 2014 in $EURUSD has already ended, and the pair should go to at least 1.17 – 1.18. This call is contrary to most other forecasting services, banks, and analysts who are still calling for a new low (parity) in $EURUSD. Click here to watch video > Play Video
August 7, 2016

New to Elliott Wave? This is the first thing you should learn

Hello fellow traders, welcome to Elliott Wave Forecast. In this technical blog we’re going to get through some basic stuff of Elliott Wave Theory in order to help you get started with it. Many of you probably already know that Elliott Wave is the most powerful form of Technical Analysis used to forecast financial market cycles and trends by identifying extremes in investors’ psychology. Any possible price structure that could be imagined is already defined in Elliott Wave Theory and there’s an adequate Elliott Wave pattern for it. Learning all those various types of patterns is long term process which […]
August 6, 2016

The market, golden ratio, and the sequence

Market Dynamic and Nature Nature is the biggest enigma, that we as Human always try to decode. For Centuries, we have been trying to understand everything and find out many secrets around the Universe. We have come very far from living in caves to being able to travel to the moon. The reality is that Nature is a divine creation and consequently there are many secrets which we have not been able to see or maybe will never be able to decode. The Golden ratio is a special number found by dividing a line into two parts so that the […]