forexteamwork.com

Before Obama: How Bush Became “The Worst President Ever”
By Nico Isaac - Wed, 05 Nov 2008 19:45:00 ET

In the wake of Democratic senator Barack Obama’s historic rise to the ranks of United States President, it’s difficult not to acknowledge his predecessor George W. Bush′s precipitous fall from that very position.

Fact is, public opinion of Bush has undergone one of the most radical about faces in recent memory: From first-term “Cowboy″ with the highest approval rating in the Gallup Poll′s entire 70-year history — TO — second-term whipping boy with a record-low approval rating of 27%.

In the words of one November 5, 2008 Wall Street Journal: “It seems no matter what Mr. Bush does, he is blamed for everything.” And, according to the experts, “W” will undoubtedly go down in the book as the “Worst President Ever.”

Contrary to popular belief(s), according to socionomics – the new science of history and social prediction based on the Elliott Wave Principle – the REAL reason behind Bush′s fall from grace is not “policy″ (say the leftists), “scapegoating” (say the rightists), or a “breakdown of bipartisanship” (say the middle-ists). It is: A downturn in mass social mood, as reflected by the bear market decline in the Dow Jones Industrial Average.

(more…)

It’s a sign of hard-fought wisdom when you hear yourself say, ‘If only I knew then what I know now.’ In fact, many of us are saying to ourselves right now, ‘If only I knew a few months ago that the stock market would turn so bearish…’

Subscribers to Bob Prechter’s Elliott Wave Theorist often get the flip side of that feeling, as in, ‘Boy, am I glad I was prepared for what’s happening in the economy and the markets today.’ Let’s look at three examples taken from Bob’s Theorist of just over a year ago in September 2007, which he titled, Fasten Your Seat Belt. This is the best way I know to point out that those who got Bob’s message one year ago have been well prepared for the fiasco that the markets and the economy find themselves in now.

Excerpted from the September 2007 Elliott Wave Theorist by Bob Prechter

FASTEN YOUR SEAT BELT

(more…)

Trading the Elliott Waves Winning Strategies for Timing Entry & Exit Moves

The best teachers go beyond mere instruction — they actually make learning fun and easy. Once you’ve watched this DVD, originally recorded at the Trader’s Hall of Fame conference in Las Vegas, you will be saying that about Bob Prechter.

Over the course of two hours Bob tells you most of what he knows about the Elliott Wave Principle – and he does it without a single dull moment.

As Bob himself tells you in this DVD, the Wave Principle “… helps you avoid major investment disasters,” and will often alert you to major opportunities – in the financial markets and beyond.

(more…)

Most of us think the term “deposits” mean funds that you deliver to the bank for safekeeping, but for nearly 200 years, the courts have sanctioned an interpretation of the term “deposits” to mean a loan to your bank.

Elliott Wave International, the world’s largest market forecasting firm, has just released a free report, Discover the Top 100 Safest U.S. Banks.

The free report will show you:

- The Top 100 Safest U.S. banks (two for each state)

(more…)

The following was adapted from Bob Prechter’s 2002 New York Times and Amazon best seller, Conquer the Crash – You Can Survive and Prosper in a Deflationary Depression.

Deflation requires a precondition: a major societal buildup in the extension of credit (and its flip side, the assumption of debt). Austrian economists Ludwig von Mises and Friedrich Hayek warned of the consequences of credit expansion, as have a handful of other economists, who today are mostly ignored. Bank credit and Elliott wave expert Hamilton Bolton, in a 1957 letter, summarized his observations this way:

In reading a history of major depressions in the U.S. from 1830 on, I was impressed with the following:

(more…)

The following analysis was excerpted from Elliott Wave International’s Credit Crisis Survival Kit. The kit, featuring 15 free resources to help you survive and prosper during the credit crisis, is available free: EWI Credit Crisis Survival Kit.

If you’re like most investors, you’ve been nearly brainwashed with conventional market “wisdom” that stocks are the best way to grow your portfolio.

You would be crazy not to have your money in the markets, right?

But when markets drop, as we’ve seen in this credit crisis, it’s amazing how quickly the story changes.

(more…)

The truth about car leasing, especially bad credit auto leasing is that leasing is a choice that’s filled with several pitfalls for the average customer.  Leasing regulations don’t call for as much disclosure as when you’re buying a new or used car. This has brought about numerous leasing frauds that pull a fast one on the customer by making them believe they are into a great deal when, effectively, all they are getting is a bad business deal that only helps the dealer.

Here we look at some of these common scams and how to avoid them:

1. An exceptionally low rate of interest:

(more…)

To win Forex currency trading game it is critical to start the ball rolling by getting the very best Forex education.

Today’s business world is highly competitive and it is vital to know the ropes. In the world of Forex trading this means that you need to know the players, the market and the stakes. You must be familiar with things like the value of the currency you are working with, the things which affect the value of your currency and the strategies for trading and trends in the market.

As a novice to Forex trading this also means that you must start with some form of Forex education. Learning Forex will show you the ins and outs of Forex charting to predict movements of the market as well as the best time to buy and sell a commodity and will aquaint you with the basic terminologies and the method of trading.

Because Forex trading is done in real time and decisions generally need to be made on the spot, a trader should also be emotionally equipped and prepared to cope with the stress, challenges and demands of the marketplace and these will also be included in a good Forex trading course.

(more…)

Learning to Trade Forex Online

If you are ready to launch into online trading on the largest market in the world, you will need to first learn how to trade online, as this is the most commonly utilized method of trading currencies. And, even one step before that, you will need to choose a Forex broker to initiate trades with online.

When learning to trade online, you will need to select a forex broker or trading platform. Due to the growing size of the Forex market, choosing a trading platform can be a daunting task as there are numerous options available.

When choosing a Forex broker or trading platform, consider the following factors:

Deposit Required- Choose a broker or trading platform with a low initial opening deposit requirement. Most individual Forex traders begin with small amounts, so if an institution is requesting significant capital to begin a relationship with them, you should consider strongly before partnering with them.

(more…)

What is Forex?

The Forex market is the largest, most actively traded market in the world, with over $1.9 trillion changing hands daily. Forex trading is transacted in pairs, where two foreign currencies are paired together. And, investors are seeking to profit from movements between the two currencies. There is not a physical trading floor as seen in markets such as the New York Stock Exchange or the London Exchange but rather all Forex transactions are completed over the counter.

One of the most unique features of trading the Forex market is that it is open 24 hours per day during its trading days, allowing investors globally to transact business at any point throughout their day. The fact that this market is open 24 hours per day also lends greater volatility in the market as slight changes in governments or economies internationally can immediately change the foreign exchange rate for a given currency.

Some of the most attractive features of the Forex market to investors include:

(more…)