Archive for March, 2008
Elliott Wave Theory Tutorial – “Bullish Market Scenario”
Wednesday, March 5th, 2008by Christian Shepard
I am writing this tutorial to show the basics of Elliott Wave Theory. I will not
show all the different variations of corrective waves and some other more advanced
charting of Elliott Wave Theory. I recommend reading more complete
Elliott Wave Theory material that will show all the intricacies involved in the
Theory. I have listed other [...]
Reviewing the Charts I – Elliott Wave Theory
Wednesday, March 5th, 2008by John Piper
Elliott is my primary method of analysis and it allows me to make most of my forecasts. It is a fairly simple theory and consists of two basic principles:
• Impulsive action consists of five waves – see figure X.1 below
• Corrective action consists of either three waves or a more complex pattern
But in [...]
Lost in Translation: Foreign Exchange Tax Codes (Part III)
Wednesday, March 5th, 2008Section 1256: Lovable Tax Savings for Futures Traders. It’s not often in the complex world of trader tax accounting that we stumble upon an out-and-out gift from the Internal Revenue Service with no strings attached, but just such a friendly St. Bernard of a tax break may be found in Section 1256 contracts.
What is a [...]
Lost in Translation: Foreign Exchange Tax Codes (Part II)
Tuesday, March 4th, 2008Section 988: Worst Case for Gains, Best Case for Losses. The world ’round, life seems to come in twos: Heads and tails. Regular and premium. Standard and deluxe. Coach and first class. Gold and platinum.
The same is true when it comes to forex trading and the tax rules that pertain to it.
There are [...]