Elliott Wave InternationalmyEWISocioniomics.Net

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


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


Soybean Prices: Sticking Out Their Neck(line)
3 real-world examples of how the head-and-shoulders pattern anticipates dramatic price moves

By Nico Isaac
5/10/2013 6:00:00 PM

You've probably never heard the words "Mint Chocolate Chip" and "Head-and-Shoulders pattern" uttered in (nearly) the same breath. But for EWI's senior commodities analyst and Futures Junctures Service editor Jeffrey Kennedy, those apparently unrelated phrases do indeed have something in common -- namely, they are two of Jeffrey's favorite things in the whole wide world:

Filed Under: cotton futures, Daily Futures Junctures, Gold, head and shoulders pattern, Jeffrey Kennedy, soybean futures, soybean oil, technical analysis

Category: Commodities


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


The Most Efficient Path of the Stock Market Unfolds at Large Degree
Investors face a historical juncture in the price pattern.

By Bob Stokes
5/8/2013 12:45:00 PM

In the 1920s, R.N. Elliott was a successful author, consultant and accountant. But late in that decade he contracted a debilitating and near-fatal illness that left him bedridden. He chose to pass the time by studying the stock market's price patterns. His career had required meticulous attention to detail, and in turn he applied that rigor to his study of the market. Learn about his fascinating discovery and how it's relevant today.

Filed Under: Elliott Wave Principle, Elliott Wave Theorist, Fibonacci, market forecasts, Ralph Nelson Elliott, Robert Prechter, stock indexes, technical analysis

Category: Stocks


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


EURUSD: The First Shoe Drops
The Fed statement on Wednesday disappointed some, but Elliott waves have stayed a step ahead.

By Vadim Pokhlebkin
5/1/2013 4:45:00 PM

Gotta love "the Fed talk" -- as in, the central bank's statement on Wednesday afternoon: "The committee is prepared to increase or reduce the pace of its (bond) purchases to maintain appropriate policy accommodation as the outlook for the labor market or inflation changes." Let's translate that...

 

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, Federal Open Market Committee (FOMC), forex, forex trading, quantitative easing, technical analysis, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


Watch a Top Analyst Trade Elliott in Real Time
Look over the shoulder of 25-Year Professional Trading Veteran Wayne Gorman, and his 10+ hours of trades.

By Jill Noble
4/25/2013 11:30:00 AM

We are pleased to announce the launch of an unprecedented 3-part Online Video Course for experienced technical traders...

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

Category: Education


EURUSD: Below 1.30, Again
Odds are, this opportunity is still young.

By Vadim Pokhlebkin
4/23/2013 9:00:00 PM

On April 23, the world's most traded forex pair slipped 20 pips below the psychologically-important level of 1.30. Predictably, analysts blamed the sell-off on a fundamental factor -- namely, a weak economic report from Germany. A fine explanation indeed, yet one question remains: Now that we know why EURUSD fell, where will it go next?

 

Filed Under: currency, Elliott Wave trading, euro, forex, fundamental analysis, technical analysis, U.S. dollar

Category: Currencies


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


Triple Top: The S&P 500 Goes Nowhere for 13 Years
Something's got to give, and it likely will.

By Bob Stokes
4/19/2013 4:45:00 PM

Technical analysts describe a triple top formation as a textbook "reversal" pattern. After the third peak, the downward price trend that follows may be steep and break below the two prior lows. If that break occurs, prices could descend into free-fall territory. In his March 2013 issue of The Elliott Wave Theorist, Robert Prechter refers to "the 13-year triple top ... from 2000 to 2013." What's more, this pattern does not stand alone.

Filed Under: Bear market, Bob Prechter, bull market, Elliott Wave Theorist, market crash, S&P 500, technical analysis

Category: Stocks


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." Fair? No? You decide...

By Vadim Pokhlebkin
4/17/2013 2:30:00 PM

In 2004, in a speech before the Economic Club of New York, the former Federal Reserve Chairman Alan Greenspan compared successful currency traders to "winners of coin-tossing contests." Fair? No? You decide ...

Filed Under: Elliott Wave Principle, Elliott Wave trading, forex, forex trading, Greenspan, market forecasts, technical analysis, technical indicators, trading lessons, U.S. dollar, U.S. Federal Reserve (the Fed)

Category: Currencies


Why Are Crude Oil Prices Dropping? Not Why Many People Think
If you follow the logic of the "fundamentals," chances are you'll be fundamentally lost

By Vadim Pokhlebkin
4/16/2013 10:30:00 PM

Gold wasn't the only market that fell out of bed Monday morning (April 15). Crude oil also fell -- as low as $86.06 a barrel over the past couple of trading days. If you've read opinions as to why oil is getting cheaper, a common reason cited by the pundits is that oil reflects the state of the global economy. Interesting. If that is true, then what you see in these charts must be false.

Filed Under: crude oil, economic depression, economic indicators, Elliott wave, Elliott Wave trading, fundamental analysis, futures trading, inflation, technical analysis

Category: Energy


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: "GBPUSD: Why We Knew Cable Was Going Higher, and Where It Should Go from Here"
A new video lesson in applying Elliott waves to forex markets

By Vadim Pokhlebkin
4/12/2013 4:15:00 PM

Once a week on Fridays, our Currency Specialty Service editor, Jim Martens, records a video update for his subscribers. The goal of each forex video is to bring attention to a promising market opportunity, as well as deliver an Elliott wave lesson. On April 5, Jim recorded the video you are about to see...

Filed Under: forex, forex trading, sterling, technical analysis, U.S. dollar, video

Category: Currencies


EURUSD Hits the Elliott Wave Price Target
A fresh example of an "ending diagonal" wave pattern in action.

By Vadim Pokhlebkin
4/10/2013 1:30:00 PM

On April 4, EURUSD, the world's favorite forex pair, fell to another new low for 2013 but only by 6 pips! You have to ask yourself: Why didn't the U.S. dollar muster the strength to push the euro lower than 1.2750? After all, the euro's fundamentals have been less than rosy. This insight offers some answers ...

 

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

Category: Currencies


USDJPY: How Much Higher Will It Go?
You've heard that the Japanese yen is doomed. Now see what Elliott waves are saying.

By Vadim Pokhlebkin
4/9/2013 4:00:00 PM

"Yen Weakens Beyond 99 per Dollar for First Time Since May 2009," said an April 8 headline. True, USDJPY, the dollar-yen exchange rate and a popular forex pair, has been on fire -- for months. This chart shows you just how huge the rally in the U.S. dollar -- and the weakness in the yen -- have been...

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

Category: Currencies


S&P 500 Follows the Elliott Wave Script
See why our April 2 forecast called for a sharp drop in the S&P 500.

By Vadim Pokhlebkin
4/5/2013 3:15:00 PM

Tuesday evening (Apr. 2), with the S&P 500 just 3 points from its intraday high that day of 1573.66, Steve Hochberg posted an urgent, unscheduled issue of The Short Term Update. Steve showed subscribers this chart, and said...

Filed Under: Elliott wave, Elliott Wave trading, futures trading, S&P 500, technical analysis, volatility

Category: Stocks


New Market Insight: S&P 500
Has the S&P 500 completed its presumed ending diagonal Elliott wave pattern?

By Vadim Pokhlebkin
4/2/2013 6:00:00 PM

While the market's ups and downs may look random to someone unfamiliar with Elliott wave analysis, an Elliottician sees patterns. Once you identify the wave pattern the market is currently in, you can make a reasonable forecast as to what should come next. This chart gives you a glimpse of our latest thinking on the S&P 500...

Filed Under: Elliott wave, Elliott Wave trading, futures trading, S&P 500, technical analysis

Category: Stocks


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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.