Elliot Wave Theory

A quick post on the basics of the Elliot Wave Principle.   The Elliot Wave Principle (also known as the Elliot Wave Theory) was developed by Ralph Nelson Elliott in the 1930’s. It claims that crowd behaviour produces patterns and trends we see in markets and the wave pattern is the result of mass psychology in […]

War On Cash – India Voids Bank Notes

  The Indian government announced a ban on large cash notes on November 8th. The reason given was the same one touted by governments around the world looking to ban cash – to crack down on crime. The government called it a ‘strike’ against those who keep unaccounted-for cash in India, where many jobs are […]