Elliott Wave International | World's Largest Market Forecasting Firm Since 1979
Please Log In
 
 | What's My Password?
EWI

TAG: CURRENCIES Return to Free Updates Home Page

Forex Trading Vs. Stock Trading: What Are The Advantages? Part II
24-hour trading, liquidity and limited number of markets is what draws EWI's Jim Martens to currencies

by Vadim Pokhlebkin
3/1/2010 8:00:00 PM
Elliott Wave International presents Part II of the interview with its Senior Currency Strategist Jim Martens. -- Vadim Pokhlebkin: I've seen online ads that say, "Trading forex is easy." Do you think it's easy? -- Jim Martens: Well, I’d go back to the question you asked me in Part I of this interview. Easy? No. Easi-er than equities? Yes. In forex, there are fewer markets, so fewer choices and less news to be concerned with -- so, fewer surprises. We just want to find the one currency that looks the strongest against others and one that looks the weakest. Found them -- now pair them together. Sounds easy, but keep in mind that...
Filed Under: forex, Currencies, dollar, volatility, Federal Reserve, discount rate, Robert Prechter
Category: Currencies


Forex Trading Vs. Stock Trading: What Are The Advantages? Part I
24-hour trading, liquidity and limited number of markets is what draws Elliott Wave International's Jim Martens to currencies.

by Vadim Pokhlebkin
2/25/2010 4:00:00 PM
Elliott Wave International presents Part I of the interview with its Senior Currency Strategist, Jim Martens. Vadim Pokhlebkin: Jim, readers often tell us that they want to make money trading the markets. There are lots of options out there. Can you tell me why I'd want to look at forex and not, say, the more "traditional" stock trading? -- Jim Martens: First, currency markets are much larger than equity markets...
Filed Under: forex, Currencies, euro-dollar exchange rate, eur/usd, Usd/chf, u.s. dollar, euro, volatility, selling short
Category: Currencies


Trade Forex Using Elliott Waves

by Jeff Reckseit
2/19/2010 12:45:00 PM

Currency traders: How often have you woken up, read the news, put on a trade -- only to see it go the “other way”? A recent example was the debt problem in Greece. Trading off of that was like trying to catch a greased pig.

Filed Under: Currencies, euro, greece
Category: Currencies


Forex (Video): How to Use Elliott Wave to Forecast U.S. Dollar
Currencies often display beautiful Elliott wave patterns

by Vadim Pokhlebkin
2/10/2010 4:15:00 PM

On November 26, 2009, the U.S. dollar did "the impossible": It stopped falling, reversed, and staged a strong rally -- to the complete surprise of the mainstream financial world. At the time, making a bullish call on the USD was all but laughable, to most investors -- yet EWI's Senior Currency Strategist Jim Martens did it anyway. Watch this free video clip to find out why.

Filed Under: u.s. dollar, forex, elliott wave, Currencies
Category: Currencies


EUR/USD Falls Hard: What's Next? Find Out FREE
You can forecast currencies without relying on the news and economic reports.

by Editorial Staff
2/4/2010 1:15:00 PM
On February 4, the EUR/USD fell hard. The mainstream forex analysts blamed it on Mr. Trichet's statement, but Elliott wave patterns in the EUR/USD foretold the euro weakness way in advance. Here's your FREE chance to read latest Elliott wave forex analysis now. 
Filed Under: forex, Currencies, Trichet, Greek sovereign debt, euro, u.s. dollar
Category: Currencies


Latest Forex Forecasts, Yours FREE Now: Here's How
You get 7 days of free currency market forecasts with Feb. 3-10 FreeWeek!

by Editorial Staff
2/3/2010 12:00:00 PM
Free Forex Forecasts from Bob Prechter's Elliott Wave International! Now through 12 noon on February 10. You know how confusing it can be to gauge forex market trends by watching news reports. Tired of the guesswork? Then try something different right now, free, with EWI's most popular Specialty Service, Currencies. Get instant FREE access now.
Filed Under: forex, Currencies, u.s. dollar, euro, forex news, forex forecasts, msci
Category: Currencies


EUR/USD Breaks Below Major Price Point
Just when everyone thought the U.S. dollar was a goner, it rebounds!

by Vadim Pokhlebkin
1/28/2010 1:00:00 PM

On January 27, the EUR/USD (exchange rate between the euro and U.S. dollar and the most widely trade forex pair) slipped below $1.40 for the first time in six months. In other words, the dollar, considered by most analysts all but doomed a short while ago, now stands at a 6-month high against its main competitor. Ironic? Paradoxical? You bet. Here's more on that from Robert Prechter.

Filed Under: eur/usd, euro, u.s. dollar, Currencies, forex, Robert Prechter, t-bills, Treasury bonds, Fed, greece, portugal
Category: Currencies


Forex: How to Trade Around Fed's Decisions on Interest Rates
You can navigate volatility on big news days with Elliott wave analysis

by Vadim Pokhlebkin
1/27/2010 4:30:00 PM

Around data releases, forex; traders often buy the U.S. dollar -- but then sell it just as quickly (or vice versa). Trading at such moments can be dangerous, but it helps if you know Elliott wave analysis. Watch this classic free 8-minute video where the editor of EWI's intensive Currency Specialty Service Jim Martens explains how.

Filed Under: Federal Reserve, interest rates, u.s. dollar, FOMC, forex, Currencies
Category: Currencies


Forex (VIDEO): Elliott Wave Pattern "With A Twist"
Another free lesson in applying Elliott wave to currencies.

by Vadim Pokhlebkin
1/19/2010 11:45:00 AM

In this classic 5-minute video, the editor of Elliott Wave International's Currency Specialty Service Jim Martens tells you about so-called flat corrections -- a common Elliott wave pattern that sometimes comes "with a twist," as Jim explains using charts of the U.S. Dollar Index and the GBP/USD (cable).

Filed Under: forex, Currencies, U.S. Dollar Index, GBP/USD, cable
Category: Currencies


EUR/USD: What Moves You?
It's not the news that creates forex market trends -- it's how traders interpret the news.

by Vadim Pokhlebkin
1/14/2010 2:45:00 PM

What moves currency markets? "The news" is how most forex traders would undoubtedly answer. Economic, political, you name it -- events around the world are almost universally believed to shape trends in currencies. Today's (Jan. 14) new story, for example, is high up on the roster of events that supposedly have a major impact on the euro-dollar exchange rate. But let's take a closer look at it.

Filed Under: Currencies, forex, eur/usd, euro-dollar exchange rate, european central bank, ECB, Trichet
Category: Currencies


EUR/USD: Look at Wave Structure to Know Trend
You don't need to over-complicate Elliott wave analysis to make use of it.

by Vadim Pokhlebkin
12/29/2009 2:30:00 PM

Wave structure is the very basis of Elliott wave analysis. To an Elliottician, every seemingly "random" wiggle on a market chart fits into an Elliott wave pattern. The 13 known patterns are divided into two broad groups: impulsive and corrective. Simple enough, right? Now let's look at the recent action in the EUR/USD, the most widely-traded forex pair, as an example of how you can put this information to practical use in currencies.

Filed Under: dollar, euro, forex, eur/usd, Currencies
Category: Currencies


3rd Waves (Forex): Sounds Good, But How Do You Trade Them?
Like the Energizer Bunny, third waves "just keep going and going."

by Vadim Pokhlebkin
12/22/2009 12:45:00 PM

There’s one wave in the Elliott wave sequence that you as a forex trader don't want to miss: the third wave. We've recently witnessed a real-life third wave in the U.S. Dollar Index, which measures the strength of the dollar against a basket of six foreign currencies -- take a look at this chart.

Filed Under: U.S. Dollar Index, forex, Currencies, three rules of elliott, prechter
Category: Currencies


U.S. Dollar: From Panic to Embrace
How the love/hate sentiment toward the dollar can help you pinpoint major turns.

by Vadim Pokhlebkin
12/16/2009 2:45:00 PM
My mother lives in Moscow. I call her often, and every once in a while the conversation turns to the economy -- specifically, the strength of the U.S. dollar. Usually this happens when the dollar gets weaker. Then our conversation goes something like this...
Filed Under: u.s. dollar, ruble, Currencies, forex, eur/usd, euro, yen, Swiss franc, Crude oil, reserve currency
Category: Currencies


U.S. Dollar "Flies": A Blip or Start of Something Big?
Bernanke wants to ensure strong dollar; Trichet concurs. What do Elliott wave patterns say?

by Vadim Pokhlebkin
11/17/2009 2:30:00 PM

The Fed's chairman Bernanke said on Monday they were watching currencies markets to "help ensure that the dollar is strong"; the ECB's Trichet said that Bernanke's statement was "very important." Apparently, forex traders interpreted both comments as bullish for the dollar... but if you've been watching the EUR/USD's Elliott wave patterns, you didn't have to wait for the morning news to tell you that. See this chart...

Filed Under: Bernanke, Trichet, u.s. dollar, euro, forex, foreign exchange, Currencies
Category: Currencies


EUR/USD (Forex): How to Forecast Market Moves Before They Occur
Not every Elliott wave forecast works out. But the method's objectivity still trumps most discussions about "market fundamentals."

by Vadim Pokhlebkin
11/4/2009 7:15:00 PM

News stories move the markets -- that's what just about every investor believes. But can you predict what the market will do before the news is released? Let's look at a fresh example: the actio in the EUR/USD on November 4, when the Federal Reserve Bank announced its latest decision on the U.S. interest rates.

Filed Under: Currencies, forex, eur/usd, Federal Reserve, interest rates, u.s. dollar
Category: Currencies


If Stocks Tank Shouldn’t Gold Soar?
In a word: No.

by Jeff Reckseit
11/2/2009 4:15:00 PM

Large banks and more recently pension funds have suddenly become infatuated with gold.  They chant the mantras that gold bugs have known for years:  gold is a store of value; owning gold is financial insurance;  an ounce of gold will always buy a good suit.  The idea is that if the economy continues to weaken and share prices decline, a strategic allocation of the precious metal will hedge and offset some of the losses in the financial sector.

Filed Under: Banks, pension funds, Gold, Currencies, oil, Grains, Meats, softs, collectible cars, dollar rally
Category: Precious Metals


EUR/USD (Forex): Big Moves, But What's the Reason?
Despite all odds, the U.S. dollar is showing serious strength.

by Vadim Pokhlebkin
10/27/2009 3:00:00 PM

Early on October 26, the exchange rate between the U.S. dollar and the euro (and the most widely-traded forex pair) began an out-of-the-blue slide from near $1.50. If the dollar's dramatic show of strength in the midst of all the doomsday scenarios surprised you, you're not alone. Anyone looking at the Monday morning forex headlines was likely caught off guard. What's behind the dollar rally?

Filed Under: u.s. dollar, Currencies, forex, eur/usd, euro, china, foreign exchange reserves
Category: Currencies


VIDEO (Forex): Which Elliott Waves Are Best For Trading?
Nothing helps you learn faster than watching a good teacher.

by Vadim Pokhlebkin
9/29/2009 8:00:00 AM

We have many resources at elliottwave.com that help you learn Elliott wave analysis -- but nothing helps you learn faster than watching a good teacher. Watch this free 6-minute clip from a live webinar Elliott Wave International's Senior Currency Strategist Jim Martens held for his subscribers last year. Here's what Jim talked about...

Filed Under: Currencies, forex trading, George Soros
Category: Currencies


EUR/USD (Forex): And So, We Wait
Do you have the discipline to stand aside for days between forex trades?

by Vadim Pokhlebkin
9/18/2009 4:30:00 PM
Trading the EUR/USD has not been easy lately. The exchange rate between the euro and the U.S. dollar (the most widely-traded currency pair) hasn't made much net progress, but it's made up for that in spades by choppy, volatile, sideways-moving market action. When the going gets tough, the tough get going, right? Before you say yes, read these thoughts...
Filed Under: dollar, euro, forex, Euro dollar exchange rate, Currencies, trading
Category: Currencies


U.S. Dollar: Another Piece of the Puzzle?
Individual investors can be wrong about a market trend. But countries?

by Vadim Pokhlebkin
9/15/2009 10:30:00 AM
Unless you're a financial professional with a keen interest in international bond markets, you probably didn't even notice an obscure news item from Germany last week. Yet it may speak volumes about the coming trend change in the U.S. dollar.
Filed Under: Currencies, forex, u.s. dollar, dollar Index, euro, eur/usd, foreign exchange
Category: Currencies


FREE Report: Discovering How to Use the Elliott Wave Principle
Categories
Most Recent Articles
- 3/12/2010 5:15:00 PM
2010 Tea Parties and 1970s Anti-War Rallies: Polar Opposites but Same Mood
- 3/12/2010 4:15:00 PM
If The NASDAQ Leads, Will The Rest Of The Stock Market Follow?
- 3/11/2010 5:15:00 PM
What Can Movies Tell You About the Stock Market?
- 3/11/2010 3:15:00 PM
Is Perception Reality?
- 3/11/2010 3:15:00 PM
How Safe Is Your Bank, Really?

The Mania Chronicles 
Save 20% Now Through March 12! 

With 700 pages and a large, 8-1/2" x 11" format, it's only a "book" in name. In fact, it's an encyclopedic reference that covers every twist and turn of the rise and (initial) fall of the historic financial bubble - all observed and anticipated in real time via The Elliott Wave Financial Forecast and The Elliott Wave Theorist.
 
 

To access EWI's valuable Q&A message board, all you need is a free Club EWI profile. Create Yours Now >>
> "Improving" the Wave Principle: What's your take on attempts to do that?
> Keynesian economics: It was discredited in the crash, so why is it making a comeback?
> Debtors' prisons: Could they return in this bear market?
> Cash vs. futures: Which market tells "the real story"?
> News: It may not set large trends, but doesn't it cause short-term volatility?
> Quantitative easing and stimulus money: If they stopped the crisis, won't they keep stocks rallying?
> Individual stocks: Where do I start the wave count?
> Mentor in wave analysis: Does EWI offer a service like that?
> U.S. deficits: Aren't they inflationary?
> U.S. dollar: "No fiat currency has ever survived more than 40 years"?

Club EWI Members: Click Here

 
Press Room
IN THE MEDIA
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts

As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.
 
|
|
|
|
|
|
|
|
|
|
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.