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by
Vadim Pokhlebkin
6/22/2009 11:00:00 PM
What creates trends in all liquid, freely-traded markets? That depends on whom you ask. To a conventional market analyst, the answer is news stories and events -- political, economic, you name it. The Elliott Wave Principle, on the other hand, teaches that trends are shaped by the collective mood of the market participants. This quick example may help you decide who's right.
Filed Under:
u.s. dollar, euro, social mood, risk-averse, forex, currency trading
Category:
Currencies
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by
Vadim Pokhlebkin
6/16/2009 2:00:00 PM
When market players' sentiment reaches an optimistic or pessimistic extreme, more often than not you can expect prices to reverse. Ironically, those also are the moments when almost everyone (everyone who is not paying attention to sentiment measures) is convinced that the trend will continue. The latest action in the U.S. dollar is a good example of that...
Filed Under:
u.s. dollar, Euro dollar exchange rate, market sentiment, forex
Category:
Currencies
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by
Vadim Pokhlebkin
6/5/2009 5:00:00 PM
The U.S. dollar, beaten badly since late April, took the upper hand on June 5 and broke below a psychologically important price point of $1.40 against its main competitor, the euro. But whatever you read in the financial press regarding the "reasons" for the dollar strength, they all pale in comparison with this one: market sentiment. take a look at this chart to understand why.
Filed Under:
u.s. dollar, euro, dollar strength, sentiment, daily sentiment index, forex
Category:
Currencies
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by
Vadim Pokhlebkin
6/1/2009 2:30:00 PM
The Japanese yen has been gaining against the U.S. dollar since April. As for the reasons why, fundamental analysts quoted in the press cite anything from the positive economic news from Japan to GM bankruptcy. Watch this free 4-minute clip from a video that EWI's Senior Currency Strategist Jim Martens recorded for his intensive Currency Specialty Service subscribers on April 21, when the yen was just picking up speed.
Filed Under:
japanese yen, u.s. dollar, usd/jpy, gm bankruptcy
Category:
Currencies
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by
Vadim Pokhlebkin
5/22/2009 12:45:00 PM
Jim Martens, Elliott Wave International's Senior Currency Strategist, regularly posts thoughts on the business of forex trading for his subscribers. Below is Jim's latest Market Insight, posted on the morning of May 22.
Filed Under:
u.s. dollar, eur/usd, Usd/chf, sterling, money management, forex, Currencies, china, u.s. debt
Category:
Currencies
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by
Vadim Pokhlebkin
5/19/2009 2:30:00 PM
Since early May, the U.S. dollar has been losing. Trying to find the cause of the weakness, conventional forex analysts have been citing various reasons -- all of the explaining it really well...after the fact. Watch this free May 8 video for an example of how Elliott wave analysis saw the current dollar weakness before it occurred.
Filed Under:
u.s. dollar, euro, brazil, china, forex, Currencies
Category:
Currencies
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by
Vadim Pokhlebkin
5/14/2009 2:30:00 PM
Elliott wave analysis is all about looking at charts, in different time frames, in search of clear Elliott wave patterns. What does that mean in practice? Here's a good example. (Don't forget: Forex FreeWeek at elliottwave.com continues through noon on May 20.)
Filed Under:
u.s. dollar, yen, sterling, gbp, EURGBP, British pound, Swiss franc, new zealand dollar, forex
Category:
Currencies
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by
Vadim Pokhlebkin
5/6/2009 10:30:00 AM
If you trade forex, you've probably noticed that some markets have behaved erratically in recent weeks. The EUR/USD, for example, the most widely-traded currency pair, would go sideways for days -- but then start swinging wildly from hour to hour. What's going on? Here are some thoughts on this from Jim Martens, EWI's Senior Currency Strategist.
Filed Under:
forex, Currencies, eur/usd, prechter
Category:
Currencies
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by
Vadim Pokhlebkin
4/30/2009 4:00:00 PM
In 2004, former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests." Fair? No? You decide...
Filed Under:
forex, currency trading, Greenspan, market wizards
Category:
Currencies
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by
Vadim Pokhlebkin
4/20/2009 4:00:00 PM
Here's a Monday puzzle for you: On the morning of April 20, the dollar pushed the exchange rate with its main "competitor" (the euro) below the "psychologically-important" $1.30 level. Why is the dollar getting stronger when "everyone knows" it should be crashing, considering the exploding debts of the U.S. government?
Filed Under:
dollar, euro, exchange rate, Currencies, froex
Category:
Currencies
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by
Vadim Pokhlebkin
4/16/2009 4:00:00 PM
This is a good week to talk about clarity of Elliott wave patterns in forex market charts. For example, take a look at the messy patterns the euro-dollar exchange rate (EUR/USD) has been showing since Monday, April 13...
Filed Under:
eur/usd, euro-dllar exchange rate, forex, Currencies
Category:
Currencies
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by
Vadim Pokhlebkin
4/13/2009 6:00:00 PM
Any experienced forex trader will tell you that trading currencies when a major economic report gets released can be treacherous. Probably the most infamous of all scheduled news releases -- infamous for its treachery, that is -- are the U.S. interest rate announcements by the Federal Reserve Bank. But market action on those days can also mean opportunity for a forex trader who is properly positioned BEFORE the announcement. Here are some thoughts on how to do that...
Filed Under:
forex, Currencies, Federal Reserve, eur/usd, FOMC, interest rates
Category:
Currencies
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by
Vadim Pokhlebkin
4/9/2009 3:15:00 PM
Today (Thu., April 9) gave us a classic example of why you cannot rely on "fundamentals" to predict which way the U.S. dollar and other currencies will go. Here's why...
Filed Under:
forex, Currencies, eur/usd
Category:
Currencies
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by
Vadim Pokhlebkin
4/2/2009 5:30:00 PM
It's safe to say that there's a persistent belief among most investors that trends in one market will affect trends in another. We often get sked, "When U.S. stock rally, the U.S. dollar falls, and vice versa -- right?" Take a look at this chart and see the answer for yourself.
Filed Under:
u.s. dollar, DJIA, forex, Currencies
Category:
Currencies
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by
Nico Isaac
3/31/2009 5:00:00 PM
These days, the U.S. dollar is about as popular in the financial world as a fur coat at a PETA convention. From China’s Premier calling for a new global reserve “super” currency, to Russia suggesting a return to the gold standard -- faith in the dollar’s ongoing leadership ability is fading fast...
Filed Under:
u.s. dollar, U.S. currency, dollar, bailouts
Category:
Currencies
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by
Vadim Pokhlebkin
3/27/2009 7:00:00 PM
Only now do I realize that when I first learned the basics of the Elliott Wave Principle, I knew just enough to be dangerous, as the saying goes. For example, in my rookie naiveté, for some time I believed that by studying wave patterns in the euro-dollar exchange rate charts (EUR/USD) before a major economic news release, I could predict whether the report would be positive or negative. Are you laughing yet?
Filed Under:
forex, Currencies, eur/usd/ euro-dollar exchange rate, industrial orders
Category:
Currencies
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by
Nico Isaac
3/25/2009 4:15:00 PM
In last night’s (March 24) televised Presidential press conference, the air of tension surrounding the ongoing economic crisis grew hotter than a habanero pepper in Hades. One of the most burning questions put to President Barack Obama was this: Is China right in calling for the creation of a new “super-sovereign” reserve currency to replace the currently dominant greenback?
Filed Under:
u.s. dollar, greenback, Barack Obama, china, super currency
Category:
Currencies
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by
Vadim Pokhlebkin
3/13/2009 11:00:00 AM
On Fridays, Elliott Wave International’s Senior Currency Strategist Jim Martens records a weekly video for his subscribers. In this February 27 video you are about to watch, he answers a frequent question: “What is your favorite wave pattern for trading currencies?” using the Swiss franc, USD/CHF, as an example.
Filed Under:
forex, eur/usd, Currencies, Swiss franc, Usd/chf
Category:
Currencies
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by
Vadim Pokhlebkin
3/10/2009 10:00:00 PM
Conventional explanations of the action in the forex markets are very good at showing how one news story or another has "moved the markets.” Trouble is, as convincing as those explanations are, all too often they give you zero edge in helping to anticipate what the market will do next. Well, here's one method that DOES -- and here is proof.
Filed Under:
euro-dollar exchange rate, eur/usd, forex
Category:
Currencies
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by
Nico Isaac
2/25/2009 5:30:00 PM
Let's get one thing straight: The "safe-haven" status of a financial market cannot change as suddenly as a runway model's designer duds. Meaning: A certain asset cannot provide shelter from the credit storm raging across Wall Street one minute -- only to lay battered and broken among its list of casualties the next.
Filed Under:
u.s. dollar, dollar, safe-haven
Category:
Currencies
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 In this exciting new 34-page eBook, Jeffrey Kennedy shows you — using real-life market examples — how you can use simple, yet powerful, moving average techniques to better your own trading. *Includes Jeffrey's own unique Moving Average technique!
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© 2009 Elliott Wave International
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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.
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