By Debbie Iseler
5/21/2012 10:00:00 AM
"How to draw a trendline" is one of the first things people learn when they study technical analysis. Typically, they quickly move on to more advanced topics and too often discard this simplest of all technical tools.
Filed Under: futures trading, Jeffrey Kennedy, successful traders, technical analysis, technical indicators, Traders, trading lessons, trendlines
Category: Trading Lessons
Five Fatal Flaws of Trading
Preview some tips from Jeffrey Kennedy, head of EWI's brand new Elliott Wave Junctures service.
By Jill Noble
5/18/2012 5:30:00 PM
While there is no magic formula, EWI Senior Instructor Jeffrey Kennedy has identified five fundamental flaws that, in his opinion, stop most traders from being consistently successful. For more information from Jeffrey Kennedy on improving your trading, preview EWI's brand new service, Elliott Wave Junctures.
Filed Under: Club EWI, Elliott Wave Principle, investment decisions, investor psychology, Relative Strength Index (RSI), stochastics, successful traders, Traders, trading lessons
Category: Education
By Will Rettiger
4/5/2012 3:15:00 PM
In the nearly 10 years I've been on staff here, I've been privileged to see lots of exciting work come from our shop. I'm eager to tell you about our brand-new service for three main reasons ...
Filed Under: Elliott wave, Elliott Wave Education, Elliott Wave trading, Jeffrey Kennedy, online trading, successful traders, technical analysis, technical indicators, Traders, trading lessons
Category: Education
By Editorial Staff
2/14/2012 2:45:00 PM
The Popgun is a two-bar pattern composed of an outside bar preceded by an inside bar. It introduces swift, tradable moves in price. Learn how to incorporate this bar pattern into your Elliott wave analysis.
Filed Under: Club EWI, coffee futures, Elliott wave, Elliott Wave Education, Elliott Wave trading, successful traders, trade targets, Traders, trading lessons
Category: Trading Lessons
By Jill Noble
1/3/2012 10:00:00 AM
As a young trader, Brandt says he had the good fortune of having two older traders show him the ropes. He says: "As much as I love trading, it's a tough business. I want to teach young traders -- and then hire them. I hope that through my Traders Boot Camps, I'll find that new talent."
Filed Under: investment decisions, personal finance, prechter, risk management, successful traders, technical analysis, technical indicators, Traders, trading lessons
Category: Stocks
Letter from a Career Trader to a Trading Mentor
" Like all brilliant ideas, yours are inherently simple – but to have discovered these ideas in the first place is pure genius."
By Jill Noble
12/8/2011 11:15:00 AM
If you, too, want to be impressed with Diamond's specific, direct approach -- and the excellent perspective, insight and broad knowledge from his assistant Roberto Hernandez, now is your chance.
Filed Under: Dick Diamond, Elliott Wave Education, oscillators, successful traders, technical indicators, Traders
Category: Stocks
By Editorial Staff
12/6/2011 9:45:00 AM
Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it. The Wave Principle is not primarily a forecasting tool; it is a detailed description of how markets behave. The progression of mass emotions from pessimism to optimism and back again tends to follow a similar path each time around.
Filed Under: Club EWI, Elliott wave, Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, investment decisions, Robert Prechter, successful traders, technical analysis, trading lessons
Category: Stocks
Tap into the Gap
EWI's Futures Junctures Service reveals the "one thing that works" for becoming a successful trader
By Paul DeBoer
11/23/2011 12:45:00 PM
Years ago, I went through what I call the "discovery phase" of my career when I constantly came up with observations about price action and market timing, including some that were extremely esoteric. My discovery phase came to an abrupt end when a good friend gave me this piece of advice: "All you need is one thing that works."
Filed Under: Cocoa, Jeffrey Kennedy, successful traders, Traders, Orange Juice
Category: Commodities
By Debbie Iseler
10/27/2011 12:15:00 PM
As a trader, it is imperative that you define your approach to the markets. For instance, do you follow the trend or do you like to play breakouts? Are you a commodity trader or an index trader at heart? What's your trading time frame, five minutes or five weeks?
Filed Under: Club EWI, Elliott Wave trading, futures trading, Jeffrey Kennedy, successful traders, Traders, trading lessons
Category: Stocks
By Jill Noble
10/13/2011 5:00:00 PM
Think back about your trades in the past year or so: What's the most important decision you've made? If you have anything in common with Robert Prechter and our analysts here at EWI, you may want to keep reading (and learn how to access a free, 25-minute webinar).
Filed Under: Dick Diamond, personal finance, Robert Prechter, risk management, successful traders, Traders, trading lessons
Category: Stocks
Understanding Fibonacci
Learn to apply Fibonacci ratios to calculate price targets in stocks
By Hope Welborn
10/6/2011 1:45:00 PM
The Fibonacci ratio can be an invaluable tool for calculating price retracements and projections in your analysis and trading. This free 8-lesson report teaches you how to use Fibonacci and 7 other technical indicators to improve your trading.
Filed Under: Club EWI, Elliott Wave trading, Fibonacci, investment decisions, Ralph Nelson Elliott, successful traders, technical analysis, technical indicators, Traders, trading lessons, trading lessons, trendlines
Category: Stocks
By Bob Stokes
10/3/2011 5:45:00 PM
You may have heard about the recent independent audit of trader Peter Brandt's annual IRS tax statements for 18 years of trading: It verified his average annual return of +41.6 percent. What is also true is that Peter's record is the result of the "best practices" he developed in his trading career. Among those best practices is "the best advice I have ever been given"...
Filed Under: successful traders, Traders, trading lessons
Category: Stocks
(VIDEO) What Personality Type Makes the Best Trader?
EWI's Jeff Kennedy shows you how your psychological strengths and weaknesses determine your ability to “live long and prosper” in fast-moving markets
By Jill Noble
9/15/2011 10:15:00 AM
A trader's psychology is "one of those things that can sabotage us if we’re not aware of it, or, more importantly, [don’t] have a well-defined methodology and the discipline to follow it," says experienced analyst and instructor Jeff Kennedy in this free video.
Filed Under: Elliott Wave Principle, Elliott Wave trading, Fibonacci, investor psychology, Jeffrey Kennedy, personal finance, risk management, successful traders, technical analysis, Traders, trading lessons
Category: Stocks
By Bob Stokes
9/14/2011 2:45:00 PM
As an NFL punter in the early 1990s, Kent Sullivan never stopped practicing. That was how he kept on top of his game. Today he's a trader. Now more than ever, he still wants to stay on top of his game. Here's what he chose to do...
Filed Under: Dick Diamond, successful traders, technical analysis, technical indicators, Traders, trading lessons
Category: Stocks
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
8/26/2011 1:45:00 PM
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: Stocks
By Bob Stokes
8/3/2011 6:30:00 PM
Eventually, Peter Brandt's trading earned an annual 42% return over an 18-year period. A message became clear when I recently called and spoke with Brandt: successful speculation is about...
Filed Under: successful traders, Traders, trading lessons
Category: Stocks
By Bob Stokes
7/7/2011 5:15:00 PM
The stock speculator next door probably never heard of Dick Diamond -- much less put Diamond's trading rules into practice. Eventually, Diamond developed a method for spotting what he calls the "80/20 Trade"...
Filed Under: Dick Diamond, online trading, risk management, successful traders, technical analysis, technical indicators, Traders, trading lessons
Category: Stocks
By Bob Stokes
6/20/2011 11:30:00 AM
He preaches and practices his famous 80/20 trade -- it's the only trading set-up he will take. As the name implies, this set-up offers what Diamond believes is an 80 percent chance of a winning trade...
Filed Under: Dick Diamond, Fibonacci, forex trading, futures trading, Keltner channels, Moving Average Convergence Divergence (MACD), online trading, options trading, oscillators, Relative Strength Index (RSI), risk management, stochastics, successful traders, technical analysis, technical indicators, Traders, VIX
Category: Stocks
By Bob Stokes
6/10/2011 4:45:00 PM
Let me share with you a price trendline technique called the "Triple Fan." Analyst Jeffrey Kennedy writes, "I am surprised at how often this tool ushers in significant moves." He shows the "Triple Fan" in the price chart of...
Filed Under: coffee futures, Daily Futures Junctures, Efficient Market Hypothesis (EMH), Fibonacci, futures trading, Jeffrey Kennedy, Random Walk Theory, successful traders, technical analysis, technical indicators, Traders, trendlines
Category: Commodities
By Bob Stokes
6/8/2011 2:45:00 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