Elliott Wave InternationalmyEWISocioniomics.Net

The Dispossession of Silver Prices
The price rout of the white metal followed its Elliott wave pattern a 'T'

By Nico Isaac
5/20/2013 6:00:00 PM

The recent selloff in silver kicked into high gear on April 15, when prices plummeted 11% to a two-year low. A strong rebound followed with prices rallying within spitting distance of $25 in early May. And then the floor fell out from under silver once again. In early Asian trading on May 19, silver sank 9% to an intraday low of $20.24, a 32-month nadir...

Filed Under: contracting triangle, Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


The Gold U.F.O.: Unexplainable Falling Object?
There is no conspiracy behind the persistent weakness in gold

By Nico Isaac
5/17/2013 5:15:00 PM

According to a growing number of well-respected sources, the downtrend in gold is a great and artful conspiracy. Yes, they're serious. The 'I smell a rat' notion stems from the widely-held belief that prices in major financial markets do not suddenly fall off cliffs. Gold is not supposed to be as volatile as lesser commodities, but instead be an insurance against panic.

Filed Under: Elliott wave, Gold, gold futures, precious metals, Traders

Category: Gold and Silver


Three Things Crude Oil MUST Do to Wake the Bear
Don't get caught in the demand data crosshairs.

By Nico Isaac
5/15/2013 3:00:00 PM

"News is irrelevant to trends." This revelation comes straight out of the pages of Robert Prechter's 2004 book "Prechter's Perspective." This notion completely goes against the gospel of mainstream economic wisdom. It also happens to be true, as the recent media storm surrounding crude oil makes plain.

Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, Traders

Category: Energy


What Trading Elliott and Flying a Plane Have in Common
Both skills can be tested with a simulator: Part 2 of our interview with Wayne Gorman.

By Jill Noble
5/13/2013 4:45:00 PM

Watch over a senior Elliottician's shoulder to see every aspect of his techinical approach; from wave counts and fibonacci targets to specific trade management techniques.

Filed Under: Elliott Wave Education, Elliott Wave trading, technical analysis, Traders, trading lessons, Wayne Gorman

Category: Trading Lessons


The 2 Most Important Keys to Successful Trading
Examples from Whole Foods Market (WFM) and Reynolds American, Inc (RAI) show you what to do (or not) to trade successfully with Elliott.

By Jill Noble
5/10/2013 11:00:00 AM

Avoid two common trading pitfalls: educate yourself with a valuable lesson from Elliott Wave Junctures editor Jeffrey Kennedy.

Filed Under: elliott wave junctures, Elliott Wave trading, Jeffrey Kennedy, risk management, technical analysis, Traders, trading lessons

Category: Education


The End of A Multi-Month Holding Pattern in Crude Oil?
EWI's Metals Specialty Service uses pattern analysis to a potential post-triangle thrust in crude oil prices.

By Nico Isaac
5/8/2013 4:30:00 PM

For many traders, a long sideways trend in prices chart is akin to getting stuck on a one-lane road behind a very slow car. Those are the times when patience wears thin. The mainstream financial media cloaks words that would be spoken in anger into family-friendly phrases like, "Equivocal price action" and "Waiting on a fundamental catalyst to provide direction."
 

Filed Under: crude oil, Elliott wave, Traders

Category: Energy


Learn Real-Time Trading from a Competitive Elliottician
Trading with the Wave Principle is no game: Wayne Gorman is keeping score. Read Part 1 of this exclusive Q&A.

By Jill Noble
5/6/2013 5:15:00 PM

Learn how Senior Analyst Wayne Gorman spent two weeks recording live trades in a simulated account, "going all-out as if it were real money" so that YOU can learn from his wave analysis and trading decisions.

Filed Under: Elliott Wave Education, Elliott Wave trading, technical analysis, Traders

Category: Trading Lessons


Crude Oil's Near Term Trend: Does Every Millisecond Count?
The ultimate head start in navigating crude oil is Elliott wave analysis

By Nico Isaac
5/2/2013 11:00:00 AM

When it comes to trading commodity markets, time is not a sensitive issue, it's the sensitive issue. That truth was reinforced by a recent Wall Street Journal article titled "High-Speed Traders Exploit Loophole."  That loophole is the time lag between when high-speed computer traders receive order confirmations on the Chicago Mercantile Exchange, vs.when the public receives confirmations -- specifically, a lag of "one-to-ten milliseconds"  (a thousand milliseconds equals one second.)

Filed Under: crude oil, Elliott wave, Elliott Wave trading, online trading, Traders

Category: Energy


EURUSD: Big Week Ahead
Will the euro rally or fall on the news from the European Central Bank meeting on Thursday?

By Vadim Pokhlebkin
4/29/2013 5:15:00 PM

Two news stories from Europe hit the headlines Monday morning (Apr. 29). One: Italy finally ended its political chaos and swore in the new government. Two: The eurozone economic confidence fell more than expected. EURUSD, the euro-dollar exchange rate and the most traded forex market, rose on Monday. But pretend for a second that you didn't know that. Try this instead...

Filed Under: consumer confidence, currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, eurozone, forex, forex trading, Traders, U.S. dollar

Category: Currencies


Elliott Wave Rules and Guidelines Come Alive in Facebook's Price Chart
3 chart examples from FB to help increase your odds of a successful forecast

By Jeffrey Kennedy, Senior Commodities Analyst
4/26/2013 4:00:00 PM

A FREE lesson adapted from the April 11 Elliott Wave Junctures educational video service.

Filed Under: Elliott Wave Education, elliott wave junctures, Fibonacci, Jeffrey Kennedy, Traders, trading lessons

Category: Education


Watch a Top Analyst Trade Elliott in Real Time
Look over the shoulder of 25-Year Professional Trading Veteran Wayne Gorman, and his 10+ hours of trades.

By Jill Noble
4/25/2013 11:30:00 AM

We are pleased to announce the launch of an unprecedented 3-part Online Video Course for experienced technical traders...

Filed Under: Elliott Wave Education, Elliott Wave trading, technical analysis, Traders, Wayne Gorman

Category: Education


What Must Prices Do to Confirm A Bottom In Gold & Silver?
And what (or who) is responsible for the April 12-15 crash in precious metals?

By Nico Isaac
4/24/2013 6:00:00 PM

From April 12 through 15, gold and silver prices fell 14% and 18% respectively, in the largest such decline in precious metals in three decades. In the aftermath, the mainstream speculation about why gold and silver plunged has shifted from what to whom. Here, the recent news items below name several people of interest in a possible conspiracy to take the bullish wind out of precious metals' sails

Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Gold, precious metals, silver, Traders

Category: Gold and Silver


Did a Divided Fed Cause Gold's Decline?
The answer is in central bank charts of gold prices and stimulus initiatives since September 2011.

By Nico Isaac
4/10/2013 7:00:00 PM

Ask a mainstream economist about the relationship between central bank monetary policy and precious metals, and you'll probably hear something like: Stimulus is to gold prices what doping is to Lance Armstrong's cycling speed. Stop the money printing and low interest rates, and you slow down gold's gains.

Filed Under: banks, central banks, Elliott wave, Federal Open Market Committee (FOMC), Gold, inflation, precious metals, quantitative easing, Traders, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


The Near-Term Bases are Loaded in Gold and Silver
EWI's Metals Specialty Service intraday analysis reveals whether precious metal bulls or bears will soon come out ahead

By Nico Isaac
4/10/2013 3:15:00 PM

Since April 1, precious metal bears should have been happier than a baseball fan sitting behind homeplate on Opening Day. Because, while that date did begin the 2013 Major League season, it also marked the start of a sizable downtrend that saw gold and silver prices plunge to nine- and eight-month lows, respectively.

Filed Under: Elliott wave, Gold, gold futures, precious metals, silver, silver futures, Traders

Category: Gold and Silver


Do Alcoa Shares Face An Uphill Battle?
And why the company's performance isn't driving its price.

By Nico Isaac
4/8/2013 8:30:00 PM

Alcoa Inc. is the first member listed on the Dow Jones Industrial Average and the world's largest aluminum producer. What's more, Wall Street tends to see Alcoa as the groundhog of corporate America -- meaning, if Alcoa's Q1 earnings see a negative shadow, winter will continue to limit economic growth in general. Yet if Alcoa's Q1 earnings look good, economic spring is upon us.

Filed Under: aluminum, Elliott wave, fundamental analysis, precious metals, Traders

Category: Gold and Silver


Is Peak Palladium Upon Us?
Plus what happened last time mainstream pundits said palladium was in short supply.

By Nico Isaac
3/27/2013 3:30:00 PM

When it comes to precious metals, palladium's volatility makes gold and silver look downright sleepy. The lesser-known silvery-white metal is 30-times more rare than gold. Two countries -- South Africa and Russia -- produce 80% of the world’s palladium. What's more, Russia considers its palladium reserve figures a state secret. (So if we tell you, we’ll have to – well – you get the point).  

Filed Under: Elliott wave, platinum futures, precious metals, supply and demand, Traders

Category: Gold and Silver


Crude Oil Analysis Without the 800-pound Swinging Cyprus Gorilla on its Back
On March 1, Energy Specialty Service outlined a near-term bullish scenario in crude oil

By Nico Isaac
3/26/2013 5:45:00 PM

According to the mainstream experts, crude oil prices are "struggling to find direction due to the confusing position taken by authorities in reaction to Cyprus." Yet if you look elsewhere regarding crude's price trend -- like a basic chart of crude like the one below -- you can easily see that the market has had no problem finding a direction...

Filed Under: crude oil, Elliott wave, Elliott Wave trading, europe, eurozone, Traders

Category: Energy


A Personality Test for the Markets - 3 Examples from DTV
It's a far cry from Freud, yet Jeffrey Kennedy's method of "market personality" diagnosis can help you learn to make more accurate trades.

By Jill Noble
3/21/2013 11:45:00 AM

"The more you know your market's patterns and rhythms [personality], the easier it will be for you to set up for a high-confidence trade, because when you recognize a wave pattern, you know where you are, and you often know what comes next."

Filed Under: Elliott Wave Education, elliott wave junctures, Elliott Wave trading, Jeffrey Kennedy, technical analysis, Traders, trading lessons

Category: Trading Lessons


Could Copper Prices Be Headed to Below $3?
EWI’s Metals Specialty Service video reveals critical price levels to confirm a bearish near-term scenario is on tap

By Nico Isaac
3/19/2013 7:00:00 PM

Copper futures saw a  2.6%  selloff on March 18, to its lowest price in seven months. In no time, mainstream financial commentators took copper’s downturn and ran with it... straight into this line of fundamental fire: “Copper Prices Plummet As Investors Fret Over Cyprus Bailout.” (Associated Press)

 

Filed Under: copper futures, Elliott wave, european markets, eurozone, fundamental analysis, precious metals, Traders

Category: Gold and Silver


Gold Bulls Cry Inflation, Again
Here's what the evidence says about gold as an 'inflation hedge'

By Nico Isaac
3/15/2013 6:15:00 PM

Conventional economic wisdom says that inflation is to gold prices what rabbit is to a dog on a leash. In other words: The one causes the other to break loose and run wild. This notion was all-too apparent on March 15. That day, a Labor Department report revealed a .7% rise in US consumer prices in February, the sharpest increase in four years. When gold prices shot higher at the open, the usual experts put two and two together...

Filed Under: Elliott wave, Gold, gold futures, inflation, monetary policy, precious metals, quantitative easing, silver, Traders

Category: Gold and Silver


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© 2013 Elliott Wave International

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.