Elliott Wave InternationalmyEWISocioniomics.Net

Crude Oil's Near Term Trend: Does Every Millisecond Count?
The ultimate head start in navigating crude oil is Elliott wave analysis

By Nico Isaac
5/2/2013 11:00:00 AM

When it comes to trading commodity markets, time is not a sensitive issue, it's the sensitive issue. That truth was reinforced by a recent Wall Street Journal article titled "High-Speed Traders Exploit Loophole."  That loophole is the time lag between when high-speed computer traders receive order confirmations on the Chicago Mercantile Exchange, vs.when the public receives confirmations -- specifically, a lag of "one-to-ten milliseconds"  (a thousand milliseconds equals one second.)

Filed Under: crude oil, Elliott wave, Elliott Wave trading, online trading, Traders

Category: Energy


Which Is the True End to This Story Of A Trader?
There are plenty of stories about real-life traders that begin this way. What makes this one worth telling is how it ends.

By Will Rettiger
9/19/2012 11:00:00 AM

This is the story of a trader I know. I'd like to tell how he started; then I'll ask you to guess how his story actually ends...

Filed Under: Dick Diamond, online trading, successful traders, technical analysis, Traders, trading lessons

Category: Trading Lessons


EUR/USD: Surprise, Surprise
No forecasting method is fool-proof. Question is: How quickly does yours help you recover after a mistake?

By Vadim Pokhlebkin
8/21/2012 5:30:00 PM

In the early morning hours of August 21 (Eastern U.S. time), EUR/USD gained almost 150 pips. Big move -- but why?

Filed Under: Elliott Wave trading, euro, euro/USD exchange rate, European debt crisis, forex, forex trading, online trading, technical analysis, technical indicators, trade targets, trading lessons, U.S. dollar

Category: Currencies


S&P 500: "Stuck" -- But Not for Long
U.S. stocks have flatlined. Is it the summer heat? Is everyone on vacation?

By Vadim Pokhlebkin
8/13/2012 4:30:00 PM

U.S. stocks have flatlined. Is it the summer heat? Is everyone on vacation? Or are they watching the Fed, the ECB and Japan's and China's GDP numbers? There is no shortage of the "if...then..."-type discussions on the financial TV networks. But from an Elliott wave standpoint, the answer is much less complicated.

Filed Under: diversification, Dow Jones Industrial Average (DJIA), Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, futures trading, online trading, S&P 500

Category: Stocks


"EUR/USD -- Don't Be Fooled by This Rally"
The euro just hit a one-month high against the U.S dollar. But, says EWI's Jim Martens, the bulls may need to curb their enthusiasm soon.

By Vadim Pokhlebkin
8/6/2012 5:45:00 PM

Right now, the Elliott wave message for EUR/USD is: caution! In fact, the editor of our trader-focused Currency Specialty Service, Jim Martens, has posted for subscribers a video update titled "EUR/USD -- Don't Be Fooled by This Rally." This is just to give you a glimpse of the evidence we see >>

Filed Under: Elliott wave, Elliott Wave trading, euro, european central bank, forex, forex trading, online trading, technical analysis, technical indicators, trading lessons, U.S. dollar

Category: Currencies


Forex Traders: Watch This Video -- Then Join Our Special, FREE FX-Trading Event on July 18-26
On July 18, join us for the free 45-minute live forex webinar, "How to Trade the Top 5 Forex Opportunities Right Now."

By Vadim Pokhlebkin
7/13/2012 4:30:00 PM

Every day, forex markets present you with multiple potential trading opportunities. For example, here's what the Elliott wave picture in the 12 most-traded currency pairs looks like today...

Filed Under: currency, Elliott wave, Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, euro, forex, forex trading, Japanese yen, online trading, sterling, Swiss franc, technical analysis, U.S. dollar, usd/jpy, video

Category: Currencies


USD/JPY: First Up, Then Down...Where to Next?
Why the latest move in dollar-yen had more to do with Elliott waves than the Bank of Japan.

By Vadim Pokhlebkin
7/12/2012 6:00:00 PM

On July 12, the Bank of Japan was expected to keep rates unchanged at 0.1% -- and it did. That's not the interesting part -- the interesting part is what USD/JPY, the U.S. dollar-yen exchange rate, did before and after the announcement. 

Filed Under: Bank of Japan, Elliott wave, Elliott Wave trading, forex, forex trading, Interest Rates, Japanese yen, online trading, U.S. dollar, usd/jpy

Category: Currencies


S&P 500: Strong Start, Weak Finish. What Happened?
Despite strong overnight futures trading, July 10 saw the S&P 500 close lower. Elliott wave analysis has an explanation.

By Vadim Pokhlebkin
7/10/2012 6:15:00 PM

On July 10, the S&P popped higher at the open, from 1352 to 1361 -- yet the rally fizzled and the index closed about 11 points lower than the day before. Analysts blamed the intraday reversal on "several profit warnings from technology companies"... but take a look at how another analytical method warned of the reversal hours in advance.

Filed Under: diversification, Dow Jones Industrial Average (DJIA), Dow Jones Industrial Average (DJIA), Elliott Wave trading, futures trading, Nasdaq Composite, online trading, S&P 500, technical indicators

Category: Stocks


EUR/USD: Oh What a Tangled Web We Weave...
...when first we practice to make heads or tails of forex market news

By Vadim Pokhlebkin
7/3/2012 3:45:00 PM

Fact is, many forex traders stay glued to the economic news. Which central banker said what, and when; which economic report could be bullish or bearish; how the interest rate differential between countries affects the exchange rate -- and on, and on. It all sounds so perfectly logical -- and it is! The reason "fundamental" analysis is so popular is because it just makes sense. There is just one problem with this approach...

Filed Under: Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, Interest Rates, online trading, technical indicators, trading lessons, U.S. dollar

Category: Currencies


Will This Week's EU Summit Save EUR? Here's How to Know the Trend in Advance
Leave the guesswork about the new European summit to others

By Vadim Pokhlebkin
6/25/2012 5:15:00 PM

EUR/USD, the euro-dollar exchange rate and the world's most actively traded forex pair, today stands well below the June 17 high of $1.2743. If the euro rises tomorrow, you may read in the news that the market has turned optimistic about the outcome of the new EU meeting...but there is a much more objective way to identify the EUR/USD trend -- right now.

Filed Under: Elliott Wave trading, eu, euro, European debt crisis, eurozone, forex, forex trading, Greek debt, online trading, technical analysis, technical indicators, trade targets, U.S. dollar

Category: Currencies


S&P 500: Is Hope a Good Trading Strategy?
A rhetorical question for a real-life situation

By Vadim Pokhlebkin
6/19/2012 3:00:00 PM

If you watched the financial headlines this week, you know that the rally in stocks has been attributed mostly to hope and optimism "the world's major central banks will provide more economic stimulus." Fine, but how do you know when this hope-driven rally may end? You won’t -- until after the fact.

Filed Under: Dow Jones Industrial Average (DJIA), Elliott Wave trading, futures trading, Nasdaq Composite, online trading, S&P 500, technical analysis, trade targets

Category: Stocks


EUR/USD: A Beautiful Elliott Wave Reversal
Here's how Elliott wave analysis could have helped you catch it.

By Vadim Pokhlebkin
6/19/2012 12:00:00 AM

On Sunday, once it became known that Greece was not dropping out of the eurozone just yet, EUR/USD, the euro-dollar exchange rate, shot up about 100 pips, from $1.2640 to $1.2740. But then the rally stalled. Here's how Elliott wave analysis could have helped you catch that reversal.

Filed Under: Elliott Wave trading, euro, European debt crisis, eurozone, forex, forex trading, online trading, trade targets, U.S. dollar

Category: Currencies


S&P 500: "Stuck," But for How Long?
All market action fits into one of the 13 known Elliott wave patterns... that's what makes markets predictable

By Vadim Pokhlebkin
6/18/2012 4:00:00 PM

After a 13-point gain last Friday, the S&P 500 opened trading on Monday (June 18) with caution. The mainstream experts attributed such hesitation to the "uncertainty" surrounding the outcome of the Greek election that took place Sunday. Well, that may explain what the market has already done -- but what will it do next?

Filed Under: Dow Jones Industrial Average (DJIA), Elliott Wave Education, Elliott Wave trading, futures trading, Nasdaq Composite, online trading, S&P 500, technical indicators, trade targets

Category: Stocks


How the "Law of the Vital Few" Can Improve Your Trading
The Pareto Principle or the 80/20 Rule

By Bob Stokes
6/18/2012 2:15:00 PM

Career trader Dick Diamond made copious notes of his trades during his 45 years of trading experience. At long last, he learned the specific set-up for the 80/20 trades that made him a success for the past 45 years and counting. Learn more...

 

Filed Under: CRB index, currency, Dick Diamond, Dow Jones Industrial Average (DJIA), forex trading, futures trading, investment strategy, momentum, Moving Average Convergence Divergence (MACD), Nasdaq Composite, New York Stock Exchange (NYSE), online trading, oscillators, risk management, S&P 500, short selling, technical indicators, Traders, trading lessons, trendlines, volatility, volume

Category: Trading Lessons


S&P 500: Elliott Wave Forecasts, Simplified
Plus, your FREE opportunity to test-drive our intraday S&P forecasts for 1 full week -- starting now

By Vadim Pokhlebkin
6/14/2012 5:45:00 PM

Here's what Elliott wave analysis is all about: You study charts to find non-overlapping 5-wave moves (trend-defining) from overlapping 3-wave ones (corrective, countertrend). With that in mind, please take a look at this chart of the S&P 500...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, futures trading, Nasdaq Composite, online trading, S&P 500, technical indicators, trade targets

Category: Stocks


Dick Diamond's Trading Course: Day Two
An actual report by an actual student -- part two

By Vadim Pokhlebkin
6/7/2012 9:45:00 PM

As I mentioned in the first report, there were 2 of Dick Diamond’s trading rules that had struck me as particularly wise...

Filed Under: Dick Diamond, Elliott wave, Elliott Wave trading, futures trading, momentum, online trading, oscillators, technical indicators, trade targets, trading lessons

Category: Education


The 80/20 Trade: "Pounce Like a Cat"
Patience Can Be Rewarding

By Bob Stokes
5/30/2012 4:00:00 PM

You must "ambush" high confidence trades. Long-time professional trader and teacher Dick Diamond says patience is vital before the ambush.  I talked to Diamond about his famous 80/20 trade... 
 

Filed Under: Dick Diamond, Dow Jones Industrial Average (DJIA), Fibonacci, investor psychology, Moving Average Convergence Divergence (MACD), Nasdaq Composite, New York Stock Exchange (NYSE), online trading, oscillators, Relative Strength Index (RSI), risk management, stochastics, successful traders, technical indicators, Traders, trendlines, VIX

Category: Stocks


Discover the Dynamics of Using Moving Averages
How to Spot High-Probability Trading Opportunities

By Bob Stokes
5/16/2012 8:30:00 AM

"Objectively defined rules" are vital to the successful use of moving averages. And as you might imagine, advanced rules and guidelines work to the benefit of more advanced technicians...

Filed Under: Elliott Wave Education, online trading, Robert Prechter, Traders, trading lessons

Category: Trading Lessons


U.S. Dollar Wins Huge, Euro Gets Slaughtered
The euro is almost 600 pips lower against the dollar -- and counting

By Vadim Pokhlebkin
5/15/2012 9:15:00 PM

Today, EUR/USD, the exchange rate between the euro and U.S. dollar -- and also the world's most-traded forex market -- fell to near $1.27, a low not seen since January. Just two weeks ago, it stood almost 600 points (or pips, in forex lingo) higher. What if someone asked you back in April -- before this month's news from Europe -- where the euro would trade in May? For many forex traders, the answer would be...

Filed Under: debt crisis, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, European debt crisis, forex, forex trading, Greek debt, online trading, sentiment, technical analysis, technical indicators, U.S. dollar

Category: Currencies


What's Odorless, Colorless -- and Just Gained 28%?
Have you looked at natural gas prices and UNG lately?

By Vadim Pokhlebkin
5/10/2012 3:30:00 PM

Quick story. Back in 1998-1999, when a gallon of regular at a local QT gas station cost 67 cents (I kid you not), a colleague of mine here at the office was talking to an old buddy, who told him this: "When a barrel of oil costs less than a 12-pack of beer, you know it's time to buy." Boy, do I wish I had listened.

Filed Under: crude oil, Elliott wave, Elliott Wave trading, futures trading, natural gas, online trading, options trading

Category: Energy


Get Your Free Email Newsletters

Simply pick what interests you and enter your email address:


Challenge the way you think about investing with The EWI Independent

Dig deeper into the world of Elliott wave trading via Trading the Waves

Get the week's can't-miss articles and free resources from The EWI Weekly Select

Get the latest from our sister organization, the Socionomics Institute
We respect your privacy. TRUSTe

Latest Articles
Categories and RSS
Press Room
Browse Recent Media Articles that Mention EWI or Feature EWI Analysts
As the markets enter what Bob Prechter calls "the point of recognition," we notice that mainstream media pundits who get it start to notice us, our analysts and our forecasts. You can browse dozens of recent media articles about EWI in the EWI Press Room.

© 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.