 |
|
by
Nico Isaac
9/24/2009 12:15:00 PM
Today (Thursday, September 24) I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal triangle. And, why this pattern portends a "dramatic" move for Cocoa...
Filed Under:
Commodities, diagonal triangle, diagonal, triangle, cocoa
Category:
Commodities
|
|
by
Nico Isaac
8/6/2009 3:30:00 PM
Imagine if there was a similarly "calm" and "quiet" spot in a financial market's price chart that portended a powerful change in trend? You could use it to safely position for that move long before the "tempest" came in and turned prices on their head.Well -- in the world of Elliott wave analysis, there is one single pattern that does just that: a triangle.
Filed Under:
cocoa, futures, Commodities, diagonal triangle, triangle
Category:
Commodities
|
|
by
Vadim Pokhlebkin
4/29/2009 12:15:00 PM
Contracting triangles can be both frustrating and exciting. They are sideways, corrective price moves that consist of five waves labeled A, B, C, D and E. The frustrating part is that they can go through all kinds of gyrations before finally ending in a strong thrust up or down. And that's the exciting part: After a market has contracted in a triangle pattern, it expands -- and here is a real-life example...
Filed Under:
lean hogs, futures, Commodities, triangle, Corn
Category:
Commodities
|
|
by
Vadim Pokhlebkin
12/17/2008 6:15:00 PM
I continue my conversations with Jeffrey Kennedy, editor of Elliott Wave International's Futures Junctures Service, where subscribers get news of daily and longer-term opportunities in commodities. Vadim Pokhlebkin: Jeffrey, in your Daily Futures Junctures, you often say that your absolute favorite Elliott wave pattern is a diagonal triangle – because they offer high-probability trade setups that can be easily identified and traded. What about the other variety of triangle formations, the contracting ones? Jeffrey Kennedy: Well, those can be both frustrating and exciting, here's why...
Filed Under:
cotton, futures, Commodities, triangle
Category:
Commodities
|
|
by
Vadim Pokhlebkin
11/25/2008 4:15:00 PM
You may know know that since last week, it has rallied strongly – about 600 pips, so far – pushing the exchange rate back up to $1.30 and robbing the buck of its latest gains. Despite the rally, the "triangle" interpretation of the current picture in the EURUSD that we've talked about on these pages last week still stands...
Despite the rally, the "triangle" interpretation of the current picture in the EURUSD still stands
Filed Under:
euro-dollar exchange rate, volatility, triangle
Category:
Currencies
|
|
|
|
Announcing EWI's New eBook ...
|
 In this exciting new 45-page eBook, Jeffrey Kennedy shows you – using fresh, real-life market examples – how you can use simple, yet powerful, chart reading techniques to improve your trading.
Download your copy today!
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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.
|
|
|
|
|
|
|
|