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See Intraday Market Trends from an Elliott Wave Perspective
Before you place another trade, learn about the U.S. Intraday Stocks Specialty Service

By Bob Stokes
5/21/2013 4:15:00 PM

If you're following the stock market's trend mostly between 9:30 a.m. and 4 p.m. eastern time, let Tom Prindaville be your guide. As EWI's Senior U.S. Equity Analyst, he provides subscribers with frequent intraday updates from an Elliott Wave perspective. No one can guarantee a specific outcome -- yet Tom often sees Elliott Wave patterns develop as they've been forecast. When he identifies an intraday impulsive wave, he alerts subscribers immediately. Tom does the Elliott analysis for you.

Filed Under: Elliott Wave trading, market forecasts, technical analysis, trade targets, Traders, trendlines, U.S. STOCK MARKET

Category: Stocks


Market Insight: GBPUSD Enters a Strong Sell-Off
By the looks of it, the decline has much more to go.

By Vadim Pokhlebkin
4/19/2013 5:45:00 PM

"Britain’s pound depreciated versus most of its major peers after Fitch Ratings downgraded the U.K.’s long-term credit rating one step to AA+ from AAA," reported Bloomberg on April 19. The day before, our Currency Specialty Service posted the following forecast...

Filed Under: currency, Elliott wave, Elliott Wave trading, forex trading, sterling, technical analysis, trade targets, U.S. dollar

Category: Currencies


Gold: Will Crash-Like Conditions Continue?
"Take a step back. We've broken support. We're well below it. It's a key shelf. Unless you rally and close back above this 1520-1535 zone, you've got to be bearish looking for lower prices."

By Nico Isaac
4/15/2013 5:15:00 PM

"Crash-like conditions," "panic selling" – those are just two phrases used to describe the massive sell-off underway in gold since Friday, April 12. On Monday, April 15, gold prices plummeted 10% in their biggest single-day decline in three decades.

Filed Under: copper futures, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, Gold, gold futures, platinum futures, precious metals, silver, technical analysis, trade targets, volatility

Category: Gold and Silver


(Video) Exclusive Dick Diamond Trading Excerpt: How to Enter and Exit a Trade
This 4-minute lesson shows you the technical indicator template of a veteran trader

By Jill Noble
2/13/2013 10:15:00 AM

Get access to a lesson usually reserved for students of Dick Diamond's Market Mentor Trading Course (March 17-20 in Miami, FL).

Filed Under: Dick Diamond, Elliott Wave Education, technical analysis, technical indicators, trade targets, Traders, trading lessons

Category: Trading Lessons


Market Insight: A Reversal and Rally in S&P 500
Watch Elliott waves -- and other technical analysis indicators -- in action as the markets trade

By Vadim Pokhlebkin
11/29/2012 6:30:00 PM

How many S&P futures traders can say that on the morning of Wednesday, Nov. 28, they first expected the S&P 500 index to trade lower -- but then to reverse and rally?

Filed Under: Elliott Wave trading, futures trading, S&P 500, trade targets

Category: Stocks


Triangles and Fibonacci in Elliott Wave Trading
An Elliott Wave Junctures lesson excerpt: How using Fibonacci relationships with triangle patterns can help you anticipate the trends and turns in price.

By Jill Noble
11/13/2012 5:45:00 PM

Gain a better understanding of  triangle corrective patterns and their Fibonacci relationships.

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

Category: Trading Lessons


Forex Trading: How to Pick the Right Opportunity
Most popular currency pairs aren't necessarily where the best opportunities are.

By Vadim Pokhlebkin
11/13/2012 4:30:00 PM

By volume, EUR/USD and USD/JPY are the two most actively traded currency pairs in the forex market. GBP/USD is third, with EUR/JPY generally fourth. Forex traders have their favorites.Of course, today's online trading platforms allow you to trade just about any forex pair out there. But why would you want to deviate from the "big four"? Here's why...

 

Filed Under: Elliott wave, euro/USD exchange rate, Fibonacci, forex, forex trading, Japanese yen, sterling, technical analysis, technical indicators, trade targets, trading lessons

Category: Currencies


USD/JPY and AUD/USD: One Opportunity Ends, Another Begins
There are LOTS of forex opportunities out there. You cannot possibly catch them all, but it's worth trying.

By Vadim Pokhlebkin
11/9/2012 8:15:00 PM

When you stop looking at the markets as random and consider that there is an order -- a pattern -- to the way prices move, spotting market opportunities gets a whole lot easier. On November 6, here's the pattern that stood out in USD/JPY charts to the editor of our forex-focused Currency Specialty Service...

Filed Under: Elliott wave, forex, forex trading, trade targets, trading lessons, usd/jpy

Category: Currencies


Forex Market Insight: USD Completes a Textbook Reversal Sequence
Watch Elliott waves in action as the markets trade

By Vadim Pokhlebkin
11/7/2012 4:30:00 PM

November 7, Jim Martens, editor of EWI's Currency Specialty Service: "Whether relative to the euro, sterling, or Swiss franc, the U.S. dollar completed a simple and beautiful Elliott wave reversal sequence today: a 5-wave rally followed by a setback in 3 waves..."

Filed Under: Elliott wave, Elliott Wave trading, euro, forex, sterling, Swiss franc, technical indicators, trade targets, trading lessons, U.S. dollar

Category: Currencies


S&P 500: "Stocks Struggle for Direction Ahead of Election"
"Sideways" does not always mean "without direction."

By Vadim Pokhlebkin
11/5/2012 6:15:00 PM

"Stocks Struggle for Direction Ahead of Election," said a November 5 CNBC headline. "...investors were reluctant to make major moves ahead of Tuesday's' presidential election." Indeed, the S&P 500 spent most of Monday going sideways. But "sideways" does not mean "without direction."

Filed Under: Barack Obama, Elections, Elliott Wave trading, S&P 500, stock indexes, trade targets

Category: Stocks


Market Snapshot: U.S. Dollar Gaining Strength, As Expected

By Vadim Pokhlebkin
11/2/2012 6:30:00 PM

On November 2, EUR/USD (the exchange rate between the euro and the U.S. dollar -- and the most popular forex market) fell as low as 1.2824, more than 100 pips. "Dollar rises against euro, pound, yen on strong US jobs data," said one website. If you think it's strange that the strong jobs number helped the U.S. dollar but not U.S. stocks -- as the DJIA closed 139 points lower on Nov. 2 -- you are not alone.

Filed Under: Elliott wave, euro, forex trading, trade targets, U.S. dollar

Category: Currencies


Hurricane Sandy Threatens U.S. Economy -- So Why Has U.S. Dollar Gained?
Tweet, Tweet: Elliott Wave International's Currency Specialty Service now on Twitter

By Vadim Pokhlebkin
10/29/2012 5:00:00 PM

Here are the four tweets EWI's Currency Specialty Service editor Jim Martens posted on his Twitter feed on October 29, asHurricane Sandy was making landfall near New York.

Filed Under: Elliott wave, euro, forex, technical analysis, trade targets, U.S. dollar

Category: Currencies


Forex Traders vs. Las Vegas Gamblers: Are Successful Forex Traders Just REALLY Lucky?
In 2004, the former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests."

By Vadim Pokhlebkin
10/25/2012 5:15:00 PM

In 2004, the former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests."

Filed Under: Elliott wave, forex trading, technical analysis, technical indicators, trade targets, Traders, trading lessons

Category: Currencies


(Video) Forex: When Is The Right Time To Exit a "Good Trade"?
Learn how the Wave Principle combined with Fibonacci relationships can help you identify trade targets.

By Jason Lureman
10/22/2012 11:45:00 AM

How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.

Filed Under: Fibonacci, Elliott wave, Elliott Wave trading, Elliott Wave Principle, trade targets, forex

Category: Currencies


EUR/USD: Putting the Rally on Pause Soon?
Want to know where the euro will go next? Look at its Elliott wave pattern.

By Vadim Pokhlebkin
10/17/2012 5:30:00 PM

"EURUSD…remains vulnerable to a dip..." Find out more now, free, during the 7 days of EWI's ongoing Forex FreeWeek >>

Filed Under: Elliott Wave trading, euro, forex, technical analysis, trade targets, U.S. dollar

Category: Currencies


Extra, Extra! Read All About Elliott Wave Triangle Patterns
The Oct. 8 and 9 Elliott Wave Junctures 2-part video lesson reveals how triangle patterns can help you hit the trade target bulls-eye.

By Nico Isaac
10/16/2012 4:45:00 PM

If you asked EWI's senior analyst and Elliott Wave Junctures editor Jeffrey Kennedy what his top 3 Elliott wave patterns are (there are 13 in total), he wouldn't think twice before answering: the Elliott wave triangle, triangle, and triangle. As a matter of fact, Jeffrey has just wrapped on a 2-part Elliott Wave Junctures video lesson that is a ringing audio-visual endorsement for the triangle's many valuable virtues.

Filed Under: contracting triangle, Elliott wave, elliott wave junctures, Jeffrey Kennedy, trade targets, trading lessons, trendlines

Category: Trading Lessons


(VIDEO) AUD/USD: "Look to the 1.05 Area..."
8-minute video by EWI's Currency Specialty Service editor shows you how the Elliott wave concept of "waves within waves" allows you to find both the short- AND long-term trends.

By Vadim Pokhlebkin
10/15/2012 5:15:00 PM

In mid-July, AUD/USD, the exchange rate between the U.S. and Australian dollar (and a popular forex pair) was trading near 1.0100. But Elliott wave analysis told EWI's Currency Specialty Service editor, Jim Martens, to expect a big rally: all the way to 1.05, at least. Watch this entire 8-minute video...

Filed Under: currency, Elliott Wave trading, forex, technical analysis, technical indicators, trade targets, trading lessons, U.S. dollar

Category: Currencies


USD/JPY: How to Know the Trend BEFORE the News
An example of how basic Elliott wave analysis prepared you for a recent up-and-down sequence in dollar-yen

By Vadim Pokhlebkin
10/12/2012 6:00:00 PM

In forex, one of the most-watched economic reports is the U.S. jobs number, released every Friday morning at 8:30 a.m. Eastern. Forex markets often get volatile around the release of the jobs report. But do the markets jump around because of it? Let's look at a fresh example.

Filed Under: Elliott Wave trading, euro, forex, forex trading, Japanese yen, technical analysis, technical indicators, trade targets, trading lessons, U.S. dollar

Category: Currencies


S&P 500: "Uncertainty" Does Not Have to Prevail
Think of Elliott waves as a map.

By Vadim Pokhlebkin
10/2/2012 7:30:00 PM

Three factors were blamed for the volatile stock market trading we've seen this week: uncertainty over Spain's bailout and U.S. stock earnings, and a strong U.S. manufacturing report. On balance, said the experts, these factors gave us a lot of volatility, but little net progress. And here's how an Elliott wave trader might have looked at this week's market action...

Filed Under: diversification, earnings, Elliott wave, S&P 500, technical analysis, trade targets, U.S. STOCK MARKET, volatility

Category: Stocks


EUR/USD: "Catch" Me If You Can
The news doesn't set the trend; the market's collective psychology does.

By Vadim Pokhlebkin
10/1/2012 5:15:00 PM

Early in the overnight trading on October 1, EUR/USD fell about 50 pips. Said one headline: "Euro, oil fall on Spain, growth worries." Others piled on: "Euro Leaders Face October of Unrest..." and "Eurozone unemployment rate at record 11.4% in August." But, a few hours later, despite the "fundamental" negativity, the euro rebounded strongly -- and EUR/USD soared.

Filed Under: Elliott wave, euro, forex, fundamental analysis, technical analysis, trade targets, U.S. dollar

Category: Currencies


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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.