By Bob Stokes
5/24/2012 5:00:00 PM
One great advantage of becoming a Certified Elliott Wave Analyst is that you can promote your expertise to potential employers and clients, and help advance your career as a financial professional...
Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, Traders
Category: Education
By Vadim Pokhlebkin
5/23/2012 6:15:00 PM
On May 22, the DJIA had a solid intraday rally, but closed 1 point lower. On May 23, the index had the opposite experience: a deep intraday decline that got all but erased by a rally into the close. As a result, the "fear index" VIX for the S&P 500 moved from the 24.64 high on Monday to 20.07 low on Tuesday -- and then back to 24.61 on Wednesday.
Filed Under: Elliott wave, Elliott Wave trading, futures trading, S&P 500
Category: Stocks
By Nico Isaac
5/22/2012 6:00:00 PM
In the world of fundamental market analysis, inconsistency exists all the time. The reason being, mainstream analysts use external events to determine the near-term trend in financial markets. Their interpretation of the events is always changing, and so the outlook is always changing, too. Take, for instance, the pair of news items regarding lean hog futures found in today's article.
Filed Under: Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy, lean hog futures
Category: Commodities
By Bob Stokes
5/22/2012 4:45:00 PM
Elliott wave practitioners know their discipline requires work. Yet that work can yield timely money-making insights...
Filed Under: Dow Industrials, Elliott wave, Elliott Wave Theorist, Elliott Wave trading, Fibonacci, market forecasts, Nasdaq Composite, New York Stock Exchange (NYSE), Prechter's Perspective, Robert Prechter, S&P 500, technical analysis, Traders
Category: Classic Prechter
By Vadim Pokhlebkin
5/21/2012 4:30:00 PM
Between May 1 and May 18, the euro lost to the U.S. dollar over 600 pips, or 6 full cents. "Sell in May," indeed. We've shown you in a recent article how Elliott wave analysis helped forex traders capture the bulk of that selloff. But what about now? EUR/USD has gained about 150 pips already off that May 18 low...is that a dead cat bounce, or the start of a move to new highs?
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
Do You Know What A "High-Probability" Trade Setup Looks Like?
Elliott Wave Junctures latest video lesson shows you the 4 simple steps to identifying a high-probability, low-risk trade -- in ANY liquid market
By Nico Isaac
5/21/2012 3:15:00 PM
Does your method of market analysis reveal whether the larger trend in a financial market is a bearish or bullish? If bearish, does it identify how far prices will fall, where the optimum place to enter a trade is, or where to place your protective stop? If you answered "no" to ANY one of these questions, then your trading may be like driving a car with no brakes.
Filed Under: Elliott wave, Elliott Wave trading, Jeffrey Kennedy, Traders, trading lessons
Category: Trading Lessons
By Nico Isaac
5/18/2012 4:45:00 PM
Since the start of May -- in just 3 weeks! -- crude oil prices have fallen 12% to land at their lowest level in 6 months. Great time to be an oil bear for sure, but now oil bears want to know whether their gravy train has reached its destination. Well, according to the mainstream experts, the answer to that question is a very confident Yes... and, an equally confident No. Today's story has the riveting details.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, oscillators, Relative Strength Index (RSI), technical indicators
Category: Energy
By Nico Isaac
5/17/2012 4:45:00 PM
For Elliott wave analysts, 5 is the magic number. The 5-wave structure is one of the bedrocks of this market-forecasting method. Its rules and guidelines help you determine the depth and duration of developing waves. If you stay its course, the 5-wave form will lead you, like a hound dog leads a hunter, straight to opportunity.
Filed Under: Daily Futures Junctures, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy, soybean futures
Category: Commodities
By Nico Isaac
5/16/2012 5:30:00 PM
What did 91% of gold traders have in common back in late February-early March? Answer: They were all positioned on the wrong side the market; i.e. they were bullish. But on February 29, the uptrend in gold ended, and since then gold prices have seen a $240-plus freefall to a new low for 2012. As for the 9% who saw the drop in gold coming beforehand -- we can name at least ONE member of that minority group: EWI's Metals Specialty Service.
Filed Under: Elliott wave, Elliott Wave trading, Gold, gold futures
Category: Gold and Silver
By Vadim Pokhlebkin
5/15/2012 9:15:00 PM
Today, EUR/USD, the exchange rate between the euro and U.S. dollar -- and also the world's most-traded forex market -- fell to near $1.27, a low not seen since January. Just two weeks ago, it stood almost 600 points (or pips, in forex lingo) higher. What if someone asked you back in April -- before this month's news from Europe -- where the euro would trade in May? For many forex traders, the answer would be...
Filed Under: debt crisis, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, forex, forex trading, Greek debt, online trading, sentiment, technical analysis, technical indicators, U.S. dollar
Category: Currencies
Options Traders: Why "Ending Diagonals" Should Be Your New Best Friend
Elliott Wave Junctures' video lesson shows how an Elliott wave chart pattern called "ending diagonal" takes the guesswork out of options timing
By Nico Isaac
5/15/2012 5:00:00 PM
Trading options is not for the faint of heart. The stakes are sky high. You're not just buying or selling a security. You're also doing so with the expectation that said security reach a specific price by a specific time. That's why with options trading, most traditional forms of technical analysis fall short. At their best, they can identify WHAT the trend at hand is. Elliott wave analysis, however, goes the full distance...
Filed Under: diagonal, Elliott wave, Elliott Wave trading, Jeffrey Kennedy, options trading, technical analysis
Category: Trading Lessons
By Vadim Pokhlebkin
5/14/2012 3:30:00 PM
The European single currency, the euro, was introduced in 1999. Today its report card -- and that of the eurozone -- looks impressive. Why, then, is the euro also quickly becoming one of the most suspect currencies in the world?
Filed Under: Elliott Wave trading, Elliott wave, European Union (EU), euro, euro stoxx 50, eurozone, euro/USD exchange rate, europe, european central bank, European debt crisis, socionomics
Category: Global Markets
EUR/USD: 2 Weeks of Declines. Now What?
Our Currency Specialty Service's new video update tells you where EUR/USD, USD/CHF and USD/CAD should go next week
By Vadim Pokhlebkin
5/11/2012 4:30:00 PM
Google "euro" in the news, and the headlines you get all sounds pretty negative. In fact, today's sentiment towards the euro brings to memory the summer of 2010. The euro had been falling for 6 months, and the headlines read...
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, U.S. dollar
Category: Currencies
Know to the Tick Where to Place Your Protective Stops? Hubba-Hubba
Elliott Wave Junctures' newest video trading lesson shows you how the rules and guidelines of the Wave Principle allow you to manage risk
By Nico Isaac
5/11/2012 1:45:00 PM
What does the Wave Principle have that fundamental analysis, quantitative analysis, and most technical analysis does not? Answer: A set of rules and guidelines that allow you identify precise [price] levels to the tick -- to the pip [in forex] -- where your trade is wrong and right; these are excellent points where you can actually put protective stops. Read on to learn more.
Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Jeffrey Kennedy, technical analysis
Category: Trading Lessons
By Nico Isaac
5/10/2012 6:00:00 PM
One of the biggest flaws of mainstream financial analysis is that it baits traders with a specific fundamental "hook." And once snared, they are forced to go wherever the reel draws them in, powerless to resist. If prices should go the other way (as they often do) the trader is caught. The Wave Principle, on the other hand, is founded on a number of key rules and guidelines that enable you to adjust your Elliott wave counts as price action sees fit.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, Fibonacci, fundamental analysis
Category: Energy
By Vadim Pokhlebkin
5/10/2012 5:00:00 PM
When you trade stocks, the question is always the same: What's the trend? Looking at the market's "fundamentals" today, you'd probably agree that it's a tough call. Europe is tanking, but maybe it's not so bad; U.S. jobs market is improving, but not as well as we'd like. Is the Fed done "stimulating"? Will the ECB lower interest rates? And on, and on. Here's how Elliott wave analysis helps you cut through the guesswork...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Interest Rates, Nasdaq Composite, S&P 500, stock indexes, technical analysis, trade targets, trading lessons, trendlines
Category: Stocks
By Vadim Pokhlebkin
5/10/2012 3:30:00 PM
Quick story. Back in 1998-1999, when a gallon of regular at a local QT gas station cost 67 cents (I kid you not), a colleague of mine here at the office was talking to an old buddy, who told him this: "When a barrel of oil costs less than a 12-pack of beer, you know it's time to buy." Boy, do I wish I had listened.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, futures trading, natural gas, online trading, options trading
Category: Energy
By Bob Stokes
5/9/2012 5:00:00 PM
Elliott wave trader Jeffrey Kennedy had individuals like you in mind when he said "I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way." The Best of Trader's Classroom offers 14 trading insights that you can use now...
Filed Under: Club EWI, contracting triangle, diagonal triangle, Elliott Wave trading, Fibonacci, futures trading, Jeffrey Kennedy, technical analysis, technical indicators, Traders, trading lessons
Category: Trading Lessons
Sugar’s Decline Is Right On Elliott Wave Schedule
What helped EWI’s Daily Futures Junctures to stay one step ahead of the near-term trend changes in sugar futures
By Nico Isaac
5/9/2012 4:45:00 PM
Since mid-March, sugar prices have gone from sweet-to-sour in a powerful sell off to 20-month lows. In the March 19 Daily Futures Junctures "Weekly Wrap-up," EWI's senior analyst and Futures Junctures Service editor Jeffrey Kennedy drew a bold arrow pointing DOWN in sugar's future. A third wave was about to start...
Filed Under: Daily Futures Junctures, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy, sugar futures
Category: Commodities
By Vadim Pokhlebkin
5/9/2012 3:15:00 PM
About once a week , the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. The goal of each video is two-fold: to deliver a fresh market update, but also to teach a valuable lesson in Elliott wave analysis. Watch this 7-minute Aussie dollar video.
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, online trading, Swiss franc, trading lessons, U.S. dollar, usd/jpy
Category: Currencies