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Meet the Elliott Wave "Man of Steel" – The Understated Strength of Wayne Gorman
Learn real-time trading from our resident Superman – with an exclusive LIVE webinar and one-on-one consultation.

By Jill Noble
6/14/2013 12:45:00 PM

This weekend is your chance to catch the unassuming "Man of Steel" on the big screen, and, if you are serious about improving your Elliott wave trading skills, it's your chance to catch Wayne Gorman on the small screen. Learn real-time trading from our mild-mannered, secret Superman and get an exclusive one-on-one consultation.

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

Category: Education


Video: How Wave Analysis Caught a 700-Pip Drop in USD/JPY
New video Elliott wave lesson in identifying a trading opportunity.

By Vadim Pokhlebkin
6/13/2013 3:15:00 PM

On May 30, when dollar/yen was trading above 101, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, recorded a 6-minute video for his subscribers. In it, Jim said that USD/JPY was about to fall in a "third-of-a-third" sell-off, the strongest and fastest part of the Elliott wave sequence. Since then, USDJPY fell from above 101 to a low of 93.78 June 13 -- a 700+ pip move. Watch Jim's video in its entirety now. It's an Elliott wave lesson in identifying a trading opportunity that every forex trader can use again and again.

Filed Under: Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, trading lessons, U.S. dollar, usd/jpy, video

Category: Currencies


Natural Gas (and UNG): Will Summer Heat Cool off Prices Even More?
While mainstream analysts worry about "fundamentals," here's what stands out to our own energy market expert.

By Vadim Pokhlebkin
6/12/2013 5:45:00 PM

On June 12, crude oil hit a three-week high. Yet another key member of the energy complex, natural gas, did the opposite and fell to a two-month low. The drop was blamed on expectation of "a bigger-than-average increase in U.S. stockpiles," which "doesn’t bode well for higher prices in the future.” Looking at the trend over the past few weeks, it's easy to understand such bearish opinions...

Filed Under: crude oil, Elliott wave, Elliott Wave trading, futures trading, natural gas, technical analysis

Category: Energy


AUDUSD: Falling Into an Opportunity
Instead of the "fundamentals," Elliott waves track the shifts of market players' collective psychology, the true driver of the trend.

By Vadim Pokhlebkin
6/11/2013 9:45:00 PM

On June 11, AUDUSD fell to an almost 3-year low. The mainstream attributed Aussie dollar weakness to… well, you name it. A report showing that Australia's "home-loan approvals grew at the slowest pace in three months"? Check. Expectations for "further cuts to borrowing costs"? Check...

Filed Under: Elliott wave, Elliott Wave trading, forex, forex trading, technical analysis, U.S. dollar

Category: Currencies


EURUSD: A Calm Before the Storm
The reason "fundamental" analysis is so popular is because it just makes sense. There is just one problem with this approach...

By Vadim Pokhlebkin
6/5/2013 2:00:00 PM

Fact is, many forex traders stay glued to the economic news. Mainstream forex analysts mostly discuss the same factors. The reason "fundamental" analysis is so popular is because it just makes sense. (Well, most of the time.) There is just one problem with this approach, namely...

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, technical analysis, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


USDJPY Below 100: Topped, Or Paused Before a New Rally?
USDJPY would have fallen regardless of what the U.S. manufacturing report said on Monday

By Vadim Pokhlebkin
6/3/2013 4:45:00 PM

On June 3, dollar-yen fell below the psychologically important level of 100. The move towards the stronger Japanese yen was pinned on the weak U.S. manufacturing report, released at 10 a.m. Monday. But the report wasn't the real reason; it simply gave a nudge to the collective psychology of forex traders -- who were already dollar-bearish before the news.

Filed Under: Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, technical analysis, U.S. dollar, usd/jpy

Category: Currencies


The Guideline of the "Right Look" in Goldman Sachs
3 charts show you how to use visual symmetry to clarify your analysis

By Jill Noble
5/31/2013 4:30:00 PM

See how Elliott Wave Junctures Editor Jeffrey Kennedy anticipated an extended rally in GS using an idealized wave structure.

Filed Under: Elliott Wave Education, elliott wave junctures, Elliott Wave trading, Goldman Sachs, Jeffrey Kennedy

Category: Trading Lessons


Market Insight: Truncated 5th Wave in EURUSD?
A truncation typically signals the presence of underlying or hidden selling or buying pressure.

By Vadim Pokhlebkin
5/30/2013 10:15:00 PM

A basic Elliott wave sequence consists of 5 waves in the direction of the larger trend and 3 waves against it. A 5-wave move is called an "impulse." Each of the 5 waves of an impulse carries the price further and further. Except that -- well, sometimes it doesn't. Sometimes, you get a situation when wave 5 fails to go beyond wave 3. Like this...

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, Fibonacci, forex, forex trading, U.S. dollar

Category: Currencies


S&P 500 Reverses Sharply in Intraday Trading
From the May 22 intraday high of 1686.73, the S&P 500 fell 36 points.

By Vadim Pokhlebkin
5/22/2013 7:15:00 PM

On May 22, U.S. stocks rose at the open but then reversed sharply lower. The move coincided with congressional testimony by the Fed Chairman Ben Bernanke. "Coincided," because the market's mood, visible via Elliott wave patterns, was suggesting a reversal even before Mr. Bernanke's comments. See for yourself...

Filed Under: Ben Bernanke, Elliott wave, Elliott Wave trading, quantitative easing, S&P 500, U.S. Federal Reserve (the Fed), U.S. STOCK MARKET

Category: Stocks


Do You Recognize These Bad Trading Habits? [QUIZ]
Good habits preserve your capital: Get help from Beacon Learning Group's Elliott Wave coaching.

By Jill Noble
5/22/2013 10:45:00 AM

Take this quick quiz to learn if you might benefit from a certified Elliott Wave Trading Coach.

Filed Under: Elliott Wave Education, Elliott Wave trading, investment strategy, risk management, technical analysis, Traders

Category: Education


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: USDJPY Completes a 5-Wave Rally
Once the market makes the move, it's easy to find economic or political factors to pin it on. What’s hard is to know where the market will go before the news.

By Vadim Pokhlebkin
5/16/2013 5:15:00 PM

On May 15, just as EURUSD broke below the psychologically important price level of 1.30, USDJPY staged a rally. The mainstream forex news sources cited various fundamental factors for the dollar strength/yen weakness. Yet, as you have probably noticed, those explanations almost always make perfect sense -- but only after the fact.

Filed Under: currency, Elliott wave, Elliott Wave trading, forex, forex trading, Japanese yen, U.S. dollar, usd/jpy

Category: Currencies


EURUSD Drops Below 1.30... Why, Again?
Wave analysis works because it helps you track the waves of the market's crowd psychology, which unfold in predictable patterns.

By Vadim Pokhlebkin
5/16/2013 4:30:00 PM

It's official: The euro zone economy has now been in the longest recession since the EUR was introduced in 1999. That news hit the wires on May 15. No wonder EURUSD, the euro-dollar exchange rate, fell that day as the U.S. dollar took the upper hand. But let's take a look at what happened from an Elliott wave perspective...

Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, eurozone, forex, forex trading, U.S. dollar

Category: Currencies


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


EURUSD: Lots of Ups and Downs, Zero Net Progress

By Vadim Pokhlebkin
5/9/2013 2:30:00 PM

Here's what's interesting. Since the start of May, the euro bulls have tried to rally EURUSD higher at least five times. On May 8, we saw the latest attampt at a rally. It went as high as 1.3195. Then on May 9, the market fell again. That has been the fate of every rally, so far ...

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

Category: Currencies


U.S. Stocks Are Hot. What Does That Mean for India and China?
Sometimes global markets move in tandem, and sometimes they don't.

By Vadim Pokhlebkin
5/8/2013 4:30:00 PM

Think back to 2007 and early 2008, before the worst of the financial crisis. Perhaps you recall this major investment belief: Even if the West took a dive, emerging markets would save the day. But when the crisis hit, emerging markets crashed right along with the developed ones. Still, there were a few important nuances. For example...

Filed Under: central banks, Chinese markets, Elliott wave, Elliott Wave trading, emerging markets, fundamental analysis, Indian markets, Shanghai Composite Index

Category: Asian Markets


While EURUSD Lags, Other Forex Markets Are on the Move
While the euro has gone flat, USDCAD, USDCHF and EURJPY have done -- or are about to do -- the opposite.

By Vadim Pokhlebkin
5/7/2013 6:45:00 PM

If EURUSD were a cardiac patient, this is the moment when the doctor would give the order: "Do not attempt to resuscitate." Seriously, take a look at what the euro has done since the start of this month...

Filed Under: currency, Elliott Wave trading, euro, forex, forex trading, Japanese yen, Swiss franc, usd/jpy

Category: Currencies


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


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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.