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


Why a Triangle Marks the Spot of Opportunity in Cocoa
See how a contracting triangle preceded dramatic price moves in 2 major commodity markets

By Nico Isaac
5/16/2013 4:00:00 PM

School may be winding down for summer break, but the Elliott Wave class is still very much in session. And on the syllabus for today's lesson is the Elliott wave pattern known as the contracting triangle.  Here's where you'll want to start taking notes. First, there's the basic definition and diagram of the pattern.Then, there's two real-world examples of the contracting triangle signaling dramatic price moves in sugar and coffee.

Filed Under: cocoa futures, coffee futures, commodities, contracting triangle, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, sugar futures

Category: Commodities


Upcoming Trade Set-Up in Cotton: How Contracting Triangles Precede Dramatic Thrusts in Price
A lesson in forecasting dramatic price reversals in real time using contracting triangles

By Nico Isaac
12/28/2012 4:00:00 PM

Schoolchildren may be out for the winter break, but class is always in session here at Elliott Wave International. On the syllabus for today is the Elliott wave pattern known as the contracting triangle – and a developing trade set-up in cotton. It goes without saying that, because contracting triangles precede the final wave of a sequence, they make for ideal trade set-ups to position for the powerful thrusts that follow. This reliable trait of triangles makes them a favorite among technical traders.

Filed Under: coffee futures, commodities, contracting triangle, cotton futures, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, sugar futures

Category: Commodities


Copper: New Video Revealing Near-Term Trend
On Nov. 30, EWI's Metals Specialty Service released a special video on copper that reveals why a major move may be unfolding now.

By Nico Isaac
12/3/2012 2:45:00 PM

'Tis the season of nervous guys going home to "meet the parents" AND of intimidating fathers sitting down to ask that one, universal question: "What are your intentions?" And, on Nov. 30, Elliott Wave International's Metals Specialty Service editor Mike Drakulich did just that with copper, in a special 5-minute video.

Filed Under: contracting triangle, copper futures, Elliott wave, Gold, precious metals, Traders, video

Category: Gold and Silver


Copper: The Implications of This Elliott Wave Pattern Are "Huge"
EWI's Metals Specialty Service uses objective analysis to confirm whether copper prices are gearing up for a dramatic "post-triangle thrust."

By Nico Isaac
11/27/2012 5:45:00 PM

For many traders, lasting sideways movement on a price chart is akin to getting stuck on a one-lane country road behind a 90-year old driver with his/her left-turn signal on. During these times, patience is tried. The mainstream financial media cloaks would-be curse words in more family-friendly phrases like, "Equivocal price action" and "Waiting on a fundamental catalyst to provide direction."

Filed Under: contracting triangle, copper futures, Elliott wave, Elliott Wave trading, Gold, precious metals, Traders

Category: Gold and Silver


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


Crude Oil: Sideways Price Action “Smacks” of One Elliott Wave Pattern
EWI’s Energy Specialty Service uses Elliott wave analysis to identify the objective near-term trend underway in crude oil

By Nico Isaac
9/10/2012 4:45:00 PM

Over past 3 weeks, crude oil prices haven't budged from a $94 to $98 per/barrel range. It's sideways moving times like these that try most mainstream analysts' souls. But, fans of Elliott wave analysis know that sideways price action is often a time for excitement. Read on...

Filed Under: contracting triangle, crude oil, Elliott wave, fundamental analysis, natural gas

Category: Energy


Gold Prices: Are All Bullish Systems A Go?
EWI’s Metals Specialty Service uses Elliott wave analysis to steer a clear course through gold’s near-term gyrations.

By Nico Isaac
9/4/2012 4:30:00 PM

On August 29, I discussed the very conflicted media reports surrounding the (then) upcoming Jackson Hole, Wyoming monetary policy meeting AND its expected impact on the near-term trend in gold prices. According to the mainstream financial experts, the Jackson Hole meeting was bearish for gold, bullish for gold, and completely irrelevant to gold.

Filed Under: Ben Bernanke, contracting triangle, Elliott wave, Gold, precious metals, U.S. Federal Reserve (the Fed)

Category: Gold and Silver


When You See This Elliott Wave Pattern On A Price Chart -- It's Go Time!
The July 9 Elliott Wave Junctures video lesson on contracting triangles reveals how this pattern rewards patience in a big way!

By Nico Isaac
7/11/2012 3:15:00 PM

For many traders, lasting sideways movement on a price chart is akin to getting stuck on a one-lane country road behind a 90-year old driver with his/her left-turn signal on. But for Elliott wave analysts, sideways price moves can often be the ultimate cause for excitement and pro-action. Read on.

Filed Under: contracting triangle, Elliott wave, elliott wave junctures, Elliott Wave trading, Jeffrey Kennedy, trading lessons

Category: Trading Lessons


Watch How One Elliott Wave Pattern Signaled a Sizable Price Move In A Key Commodity Market
The May 8 Daily Futures Junctures video clip shows how editor Jeffrey Kennedy used a contracting triangle to anticipate the May slide in cotton to a 3 year low

By Nico Isaac
6/8/2012 5:00:00 PM

Everyone knows: If you want the best meal in a fancy restaurant, ask what the chef's favorite dish is. That's what you order. Likewise, if you want to make the most of the near-term Elliott waves, well, you ask which of the 13 known Elliott patterns is the favorite of EWI's senior analyst, Jeffrey Kennedy. Then you wait for it to emerge on a price chart.

Filed Under: contracting triangle, cotton futures, Daily Futures Junctures, Elliott wave, Elliott Wave trading, futures trading, Jeffrey Kennedy, trading lessons

Category: Commodities


Has the Commodity Bull Run Its Course?
Our brand-new print-and-video Monthly Futures Junctures reveals the long-term trend underway in 10 key commodity markets.

By Nico Isaac
5/25/2012 3:30:00 PM

With the CRB and CCI and GSCI all circling their lowest levels in nearly 2 years, the burning question remains: Has the once-raging commodity bull run its course? Well, the May 25 release of EWI's brand-new Monthly Futures Junctures offers you some much-needed clarity. In this new issue, EWI's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy hits the ground running with a 14-page print-and-video case-by-case study that reveals whether the larger trend in 10 key commodity markets is indeed down.

Filed Under: contracting triangle, corn futures, Elliott wave, Jeffrey Kennedy, live cattle futures, Orange Juice, Relative Strength Index (RSI), technical indicators

Category: Commodities


14 Elliott Wave Trading Insights You Can Use Now
"Triangles offer an important piece of forecasting information"

By Bob Stokes
5/9/2012 5:00:00 PM

Elliott wave trader Jeffrey Kennedy had individuals like you in mind when he said "I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way." The Best of Trader's Classroom offers 14 trading insights that you can use now...

 

Filed Under: Club EWI, contracting triangle, diagonal triangle, Elliott Wave trading, Fibonacci, futures trading, Jeffrey Kennedy, technical analysis, technical indicators, Traders, trading lessons

Category: Trading Lessons


And the Award For Best Opportunity In A Commodity Market Goes To....
EWI's brand new February Monthly Futures Junctures reveals the long-term trend underway in the world's most-watched commodities.

By Nico Isaac
2/24/2012 1:15:00 PM

Glitz, glamour and stars galore: the awards show we've all been waiting for is finally here. And no, I'm not talking about the 84th Academy Awards set to air February 26. I'm talking about the right now and right here "Commodity Awards" show underway in Elliott Wave International's brand-new February Monthly Futures Junctures (MFJ). Cue lights, and... action.

Filed Under: coffee futures, contracting triangle, cotton futures, diagonal triangle, Elliott wave, Elliott Wave trading, Jeffrey Kennedy, lean hog futures, Orange Juice, soybean meal

Category: Commodities


Dow Transports: Is That a Rising Wedge?
A false price break or the real McCoy?

By Bob Stokes
2/21/2012 4:00:00 PM

In this Dow Transports chart, you can see a price break below the lower trendline of the upwardly contracting pattern. Will this price action prove to be a "false break" or something else?...

Filed Under: contracting triangle, Robert Prechter, technical analysis, technical indicators, Traders, Dow Transports

Category: Stocks


Market Insight: EURUSD Exceeds Bullish Price Targets

By Vadim Pokhlebkin
1/27/2012 5:00:00 PM

Elliott waves often relate to each other by Fibonacci ratios. Based on these common wave length proportions, our forex-focused Currency Specialty Service had the price target of "above $1.3053" for the latest EURUSD rally.

Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, U.S. dollar

Category: Currencies


Have Gold Prices Gone "Rogue"? Not Exactly
EWI's Metals Specialty Service reveals that gold's seemingly chaotic sell-off actually fits within the Elliott wave rules and guidelines

By Nico Isaac
12/14/2011 3:15:00 PM

According to a December 6 Financial Times, "gold has been a conundrum in the past couple of months." Namely, gold prices have fallen despite a slew of "safe-haven" supportive news events. Today, I'm sitting down with EWI's trader-focused Metals Specialty Service to see how gold's recent decline, while puzzling to fundamental analysts, actually falls within the laws of Elliott wave analysis.

Filed Under: contracting triangle, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), safe haven, technical indicators

Category: Gold and Silver


Why We Can't Take Our Eyes off Coffee
EWI's Daily Futures Junctures reveals why coffee prices are the talk of the commodity town

By Nico Isaac
11/29/2011 3:15:00 PM

Everyday, EWI's chief commodity analyst and Futures Junctures Service editor Jeffery Kennedy wakes up, turns on his computer, and scours the entire commodity marketplace of for those price charts that have what I call the "Lady-Gaga-On-Stage" factor: in other words, you CANNOT take your eyes off them. Today, we're going over one of three commodities that recently grabbed Jeffrey's complete and undivided attention: Coffee.

Filed Under: coffee futures, contracting triangle, Daily Futures Junctures, Elliott wave, Elliott Wave trading, Jeffrey Kennedy

Category: Commodities


An Elliott Wave Pattern in Motion - Soybean Oil's Contracting Triangle
See how a technical indicator and an Elliott wave pattern set the stage for an opportunity in Soybean Oil

By Bart Bruce
11/16/2011 1:00:00 PM

Futures Junctures editor Jeffrey Kennedy takes the time to explain the significance of a contracting triangle wave pattern that's unfolding in Soybean Oil futures. As always, Jeffrey looks at other technical indicators to support his forecast. In this case, compression of the Bollinger bands make a strong case for an exciting move in soybean oil.

Filed Under: contracting triangle, Daily Futures Junctures, Elliott wave, Jeffrey Kennedy, soybean oil, technical indicators, Elliott Wave trading

Category: Commodities


What Does the US Dollar's Future Hold? A Huge Elliott Wave Pattern Sends a HUGE Message
EWI's Currency Specialty Service shows you the near-, and long-term trend underway in the dollar and other major forex markets

By Nico Isaac
11/8/2011 3:00:00 PM

Two months ago, the US dollar went from the global currency world's "SH**" list to its glowing "IT" list. Between September 1 and September 30, the dollar enjoyed a powerful rally against the euro to its highest level in nine months. Now, read how the dollar's September rally was a classic, Elliott wave post-triangle thrust.

Filed Under: contracting triangle, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar

Category: Currencies


The Euro's Driving Force: Trichet or Triangle Wave Pattern?
EWI's Currency Specialty Service presents a detailed, one-year chart of the euro's wave pattern

By Nico Isaac
9/8/2011 1:45:00 PM

Question: If you know with 100% certainty that a specific event will happen on a specific future date, could you in turn be surprised when the event does indeed happen? Common sense says "no." Yet, recent mainstream news stories on the euro would have you believe otherwise. Check it: On Wednesday September 7, the euro gained ground in a late-day rally.

Filed Under: contracting triangle, Elliott Wave trading, euro, european central bank

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.