Elliott Wave InternationalmyEWISocioniomics.Net

Why 2 of U.S. Dollar's Recent Bottoms Have 1 Thing In Common
In 2009 and 2014, a simple chart pattern enabled us to turn bullish the dollar, just in time for HUGE rallies. Learn to use this pattern now.

By Nico Isaac
4/17/2015 12:00:00 PM

In 2009 and mid-2014, mainstream analysis said the collapse of the U.S. dollar was beginning anew. One Elliott wave pattern, however, said it was coming to an end...

Filed Under: banks, central banks, Club EWI, diagonal, Elliott wave, Elliott Wave Education, Elliott Wave Theorist, euro, europe, Fibonacci, financial forecast, Interest Rates, U.S. dollar

Category: Trading Lessons

(Interview, 3:30 min., Part One) The 1st Question to Ask Yourself as a Trader or Investor
Get answers in this new interview with Elliott Wave International's global opportunities expert, Chris Carolan

By Editorial Staff
4/7/2015 12:30:00 PM

Our Asian-Pacific Short Term Update editor Chris Carolan explains (among other things) what every investor or trader should be asking themselves when first looking at a market. (Note: FreeWeek now in progress.)

Filed Under: Asian-Pacific Short Term Update, Chris Carolan, Elliott wave, Elliott Wave Education, Elliott Wave Principle, interview, trading lessons, video

Category: Asian Markets

(Video, 5:42 min.) Learn the Basics of Corrective Waves
Senior Analyst Jeffrey Kennedy outlines three important Elliott wave patterns in three markets

By Editorial Staff
3/18/2015 2:15:00 PM

Learn to spot Elliott wave patterns -- in Cliffs Natural Resources Inc (CLF), iShares Russell 2000 Index (IWM) and Direxion Daily Financial Bull 3X Shares (FAS) -- with this classic 5-minute clip from one of our Trader's Classroom video lessons.

Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, Jeffrey Kennedy, technical analysis, technical indicators, Traders, trading lessons, video, Video - FRUP

Category: Trading Lessons

Just What, Exactly, Is Wrong with "Random Walk" Theory?
Wall Street's preeminent theory under the microscope

By Editorial Staff
3/18/2015 2:00:00 PM

Here's a close look at the popular -- yet deeply flawed -- "random walk" theory, a popular view of market behavior held by many investors. We offer a carefully thought-out solution of our own... see if you agree.

Filed Under: Elliott wave, Elliott Wave Education, fundamental analysis, Random Walk Theory, Robert Prechter, socionomics, technical analysis

Category: Classic Prechter

"Audit the Fed"? We've Already Done That (Well, Kind of)
Our conclusion: The Fed is not in control of the economy -- here's why

By Nico Isaac
2/26/2015 6:30:00 AM

The controversial "Audit the Fed" bill is soon before Congress. But, we at EWI have long since conducted our own "audit" of the Fed -- and the results might shock you.

Filed Under: bailouts, banks, Bob Prechter, central banks, charts, Club EWI, commodities, Conquer the Crash, credit crisis, crude oil, debt, debt crisis, deflation, Elliott wave, Elliott Wave Education, Elliott Wave Theorist, great depression, gross domestic product (GDP), inflation, Interest Rates, market myths, quantitative easing, Robert Prechter, U.S. Federal Reserve (the Fed)

Category: U.S. Economy

How Is a "Bear-Market House" Different from a "Bull-Market House"?
The biggest mistake made by architects and economists alike is extrapolating recent trends into the future

By Alan Hall
2/20/2015 3:30:00 PM

What does a "bull-market house" look like? Here's a clue: It looks like a bull-market car. Socionomic research shows that during periods of rising social mood -- i.e., during a bull market in stocks -- automobile frames are boxier. That's not all...

Filed Under: Elliott wave, Elliott Wave Education, history, , home sales, housing prices, social mood, The Socionomist, U.S. STOCK MARKET

Category: Socionomics

3 Ways to Identify Support and Resistance – 5 Chart Examples

By Editorial Staff
12/30/2014 5:15:00 PM

Use this free lesson to brush up on methods and indicators that can help you improve your confidence in your own market analysis.

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

Category: Trading Lessons

Moving Averages Can Identify a Trade - FREE Lesson
These 3 charts help you understand how moving averages work

By Editorial Staff
12/3/2014 10:00:00 AM

If you trade with Elliott, you may use supporting indicators in your analysis of the markets. Here's a brief lesson that shows you three ways that moving averages can help you determine the market trend.

Filed Under: Elliott Wave Education, technical analysis, technical indicators

Category: Trading Lessons

The 3 Phases of a Trader’s Education
Why most aspiring traders approach learning to trade precisely backwards

By Editorial Staff
10/17/2014 11:45:00 AM

Most aspiring traders start by picking a trading method. The reality is that they would be better off picking the trading method last. It only sounds counterintuitive -- here's why.

Filed Under: Elliott Wave Education, Elliott Wave trading, investor psychology, Jeffrey Kennedy, technical analysis, Traders, trading lessons

Category: Trading Lessons

How to Find Trading Opportunities in ANY Market: Lesson 3 -- Fibonacci Analysis
In this 6-lesson series, Elliott Wave International's Jeffrey Kennedy demonstrates ways to spot trading opportunities across any market and timeframe.

By Vadim Pokhlebkin
8/29/2014 4:30:00 PM

Fibonacci ratios help you determine price targets, risk levels, and other important price points to pay attention to. The most common Fibonacci ratios are .382 and .618, but there are others...

Filed Under: Elliott Wave Education, Elliott Wave trading, Fibonacci, forex trading, futures trading, Jeffrey Kennedy, online trading, options trading, technical analysis, technical indicators, trade targets, trading lessons

Category: Education

How to Make a Living as a Day Trader
Veteran trader Dick Diamond's strongly-worded advice for trading success.

By Editorial Staff
8/22/2014 11:00:00 AM

This excerpt from Dick Diamond's online Market Mentor Online Trading Course materials gives matter-of-fact yet critically important advice to aspiring career traders.


Filed Under: Dick Diamond, Elliott Wave Education, Traders, trading lessons

Category: Trading Lessons

Test Your Knowledge: Find the Clear Wave Pattern on this Chart
Take this quiz, then check your answer against one of our top analysts

By Editorial Staff
8/14/2014 2:30:00 PM

Do you see a pattern you recognize in this chart of Reynolds American (RAI)? Using a chart from one of his popular educational videos, our senior trading instructor shows you how to properly label a common Elliott wave pattern.

Filed Under: Elliott Wave Education, Elliott Wave trading, Jeffrey Kennedy, Traders, trading lessons

Category: Trading Lessons

Good Traders Are MADE, Not Born
Rigorous one-on-one coaching program for Elliott wave traders & investors

By Vadim Pokhlebkin
7/17/2014 4:00:00 PM

In 1983, the famous Chicago trader Richard Dennis recruited and trained -- for only 2 weeks! -- a group of 21 men and 2 women. They called themselves "Turtles." After the training, Dennis gave each one a trading account...

Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, technical analysis, trade targets, Traders, trading lessons

Category: Trading Lessons

The One Thing Energy ETFs Must Do to Stay Bullish
How Elliott wave analysis shows you key price levels that should keep the uptrend intact in XLE

By Nico Isaac
6/27/2014 2:00:00 PM

With huge gains for 2014, energy exchange-traded funds have become a must-have. Now,  EWI's Energy Pro Service  tells you the one thing the world's largest energy ETF, the Energy Select Sector SPDR (XLE), must do to keep its bullish trend intact.

Filed Under: charts, crude oil, Elliott Wave Education, supply and demand

Category: Energy

What I Learned During 4 Days at the Beach
A personal story from an actual student: Dick Diamond's 4-day trading course

By Vadim Pokhlebkin
4/15/2014 3:45:00 PM

In 1968, Dick Diamond made $900,000 -- as a day-trader. I don't even want to calculate how much that is in today’s money. But the following year the bull market ended – and Dick lost 70% of his capital. That’s when he realized that for a real trader...

Filed Under: Bear market, bull market, Dick Diamond, Elliott wave, Elliott Wave Education, Elliott Wave trading, forex trading, futures trading, online trading, technical analysis, technical indicators, trade targets, Traders, trading lessons

Category: Trading Lessons

One Wave Pattern -- and a Dramatic Boost in Forex Opportunities
A high-confidence Elliott wave trade set-up you’ll see again and again

By Editorial Staff
3/31/2014 12:00:00 PM

You’re only as good at Elliott wave analysis as your ability to recognize chart patterns. Take a look at this chart -- yes, there is a wave pattern here, and a high-confidence one (several, actually).

Filed Under: currency, Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, forex, forex trading, technical analysis

Category: Currencies

EURUSD: The Lull Won’t Last
Join Jim Martens for a free, live webinar on February 11

By Vadim Pokhlebkin
2/5/2014 5:45:00 PM

After the recent selloff, euro-dollar went flat. But wave patterns in EURUSD charts and market sentiment measures are forecasting a lot more volatility ahead, says our FX expert. Take a look at this chart.

Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, euro, forex, forex trading, sentiment, technical analysis, trading lessons, U.S. dollar

Category: Currencies

2 Examples of the Forecasting Ability of the Wave Principle

By Jeffrey Kennedy, Senior Commodities Analyst
1/23/2014 12:00:00 PM

Some people think the Wave Principle is complicated. But, in reality, all you need to know to find trading opportunities are the five core patterns. What is most important to understand about the Wave Principle is that each wave pattern implies a path for future price movement.

Filed Under: Elliott Wave Education, trading lessons

Category: Trading Lessons

Think for Yourself: Advice From a Career Trader
Dick Diamond's independent approach is one of his secrets for long-term trading success

By Jill Noble
10/17/2013 12:15:00 PM

If you are ready to build discipline and technical skills that will help protect you from damaging trades, read these tips from Dick Diamond.

Filed Under: Dick Diamond, Elliott Wave Education, risk management, technical analysis, Traders

Category: Education

"It's All About Making Money"
Career trader Dick Diamond tells you how to develop the focus and discipline required for long-term trading success

By Editorial Staff
10/10/2013 9:45:00 AM

Learn the difference between "incorrectly calling a market direction" and "breaking a trading rule" with insights from a 47-year trading veteran.

Filed Under: Dick Diamond, Elliott Wave Education, Elliott Wave Principle, Traders, trading lessons

Category: Education

© 2015 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.