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May 23, 09:59 AM
Robert Prechter's new, 21-page Elliott Wave Theorist (published monthly since 1979) shows you 23 charts that explain why "The monetary-financial world seems to be setting up for an epic battle." Start your risk-free trial subscription now -- and get your 2nd month FREe >> 
TAG: TECHNICAL ANALYSIS Return to Free Updates Home Page

Can Two or More Wave Interpretations be Equally Probable? Robert Prechter Explains
The foremost expert on Elliott waves and author of one of the bibles of technical analysis provides insight

By Bob Stokes
5/22/2012 4:45:00 PM

Elliott wave practitioners know their discipline requires work. Yet that work can yield timely money-making insights...

Filed Under: Dow Industrials, Elliott wave, Elliott Wave Theorist, Elliott Wave trading, Fibonacci, market forecasts, Nasdaq Composite, New York Stock Exchange (NYSE), Prechter's Perspective, Robert Prechter, S&P 500, technical analysis, Traders

Category: Classic Prechter


EUR/USD: What Happens After the 600-Pip Selloff?
How simple Elliott wave analysis helps you to know what's next for the euro

By Vadim Pokhlebkin
5/21/2012 4:30:00 PM

Between May 1 and May 18, the euro lost to the U.S. dollar over 600 pips, or 6 full cents. "Sell in May," indeed. We've shown you in a recent article how Elliott wave analysis helped forex traders capture the bulk of that selloff. But what about now? EUR/USD has gained about 150 pips already off that May 18 low...is that a dead cat bounce, or the start of a move to new highs?

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar

Category: Currencies


How a Simple Line Can Improve Your Trading Success
Elliott Wave International’s Jeffrey Kennedy explains many ways to use this basic tool

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


VIDEO: See What Helped Robert Prechter Call the 2011 Top In Commodities
Chart shows you how far the market has fallen since Bob's January 2011 forecast

By Vadim Pokhlebkin
5/18/2012 3:15:00 PM

On January 24, 2011, Robert Prechter was invited to Canadian BNN TV network for an interview. Watch as Bob explains the Elliott wave pattern in the CRB Commodities Index that turned him bearish on commodities in January 2011.

Filed Under: Cocoa, cocoa futures, coffee futures, copper futures, corn futures, cotton futures, CRB index, Elliott wave, feeder cattle futures, futures trading, lean hog futures, live cattle futures, lumber futures, Orange Juice, Robert Prechter, soybean futures, soybean meal, soybean oil, sugar futures, technical analysis, wheat futures

Category: Commodities


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


Options Traders: Why "Ending Diagonals" Should Be Your New Best Friend
Elliott Wave Junctures' video lesson shows how an Elliott wave chart pattern called "ending diagonal" takes the guesswork out of options timing

By Nico Isaac
5/15/2012 5:00:00 PM

Trading options is not for the faint of heart. The stakes are sky high. You're not just buying or selling a security. You're also doing so with the expectation that said security reach a specific price by a specific time. That's why with options trading, most traditional forms of technical analysis fall short. At their best, they can identify WHAT the trend at hand is. Elliott wave analysis, however, goes the full distance...

Filed Under: diagonal, Elliott wave, Elliott Wave trading, Jeffrey Kennedy, options trading, technical analysis

Category: Trading Lessons


Learning Elliott? Like Guiness? Listen to our Audio Interview with EWI's Irish Educator, Michael Madden
Learn how you can save $100 (and have a great time in Dublin) while you improve your basic Wave skills May 26th.

By Jill Noble
5/11/2012 4:30:00 PM

Our EWI-certified instructor, Michael Madden, talks about how he will provide you with the education you need to make the Wave principle work for you at his intensive, day-long event in Dublin, Ireland, on May 26.

Filed Under: Elliott Wave Education, Elliott Wave Principle, technical analysis

Category: Education


Know to the Tick Where to Place Your Protective Stops? Hubba-Hubba
Elliott Wave Junctures' newest video trading lesson shows you how the rules and guidelines of the Wave Principle allow you to manage risk

By Nico Isaac
5/11/2012 1:45:00 PM

What does the Wave Principle have that fundamental analysis, quantitative analysis, and most technical analysis does not? Answer: A set of rules and guidelines that allow you identify precise [price] levels to the tick -- to the pip [in forex] -- where your trade is wrong and right; these are excellent points where you can actually put protective stops. Read on to learn more.

Filed Under: Elliott wave, Elliott Wave trading, fundamental analysis, Jeffrey Kennedy, technical analysis

Category: Trading Lessons


S&P500: How to Know the Trend at a Glance
An example of how Elliott wave analysis helps you cut through the guesswork

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

When you trade stocks, the question is always the same: What's the trend? Looking at the market's "fundamentals" today, you'd probably agree that it's a tough call. Europe is tanking, but maybe it's not so bad; U.S. jobs market is improving, but not as well as we'd like. Is the Fed done "stimulating"? Will the ECB lower interest rates? And on, and on. Here's how Elliott wave analysis helps you cut through the guesswork...

Filed Under: Dow Jones Industrial Average (DJIA), Elliott wave, Elliott Wave trading, Interest Rates, Nasdaq Composite, S&P 500, stock indexes, technical analysis, trade targets, trading lessons, trendlines

Category: Stocks


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


Bull Splatter on Wall Street: Our Investigative Unit Covers the Scene
Most market "investigators" look in all the wrong places

By Bob Stokes
5/8/2012 5:00:00 PM

We do not base our market forecast on earnings reports, European election results, jobless numbers, terrorist threats, housing starts, what Warren Buffet says (or does), what President Obama says (or does), what a prominent hedge fund manager says (or does), or anything that's external to the market itself. We base our stock market forecast on...

 

Filed Under: Elliott wave, fundamental analysis, market forecasts, S&P 500, technical analysis

Category: Stocks


4 New Insights From "The Greatest Trader You've Never Heard Of"
Enjoy this excerpt from Peter Brandt's latest update on intraday volatility for his Traders Boot Camp students

By Vadim Pokhlebkin
5/8/2012 4:00:00 PM

Peter Brandt has the quiet confidence of an ex-Marine. If you met him on an elevator, you would never tell that he is "the greatest trader you've never heard of." (That's not an exaggeration.) At least once a week, Peter sends his Traders Boot Camp students an update. Today, Peter sent us another interesting email with 7 bullet points. Here's an excerpt with the 4 most crucial ones...

Filed Under: futures trading, market myths, online trading, technical analysis, trade targets, Traders, trading lessons

Category: Education


EUR/USD Dips Below $1.30
Was Mario Draghi's speech a bullish or bearish event for the euro? How about BOTH?

By Vadim Pokhlebkin
5/7/2012 5:30:00 PM

We've shown you before examples of how easy it is to interpret the same event as both bullish and bearish news for a market. Here's a fresh example. On May 3, the European Central Bank met to talk about interest rates. At that meeting, the ECB's chief Mario Draghi...

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, european markets, eurozone, forex, forex trading, online trading, Swiss franc, technical analysis, U.S. dollar, usd/jpy

Category: Currencies


Is Jobs Data to Blame?
If you think so, please consider a suggestion we have for you -- introduce yourself to Elliott wave theory with an essential (and discounted) educational book set.

By Jill Noble
5/4/2012 6:00:00 PM

If you are ready to discover how R.N. Elliott’s model makes financial markets probabilistically predictable -- and how Robert Prechter has further developed this method -- try our Essential Elliott Wave Collection.

Filed Under: Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, Robert Prechter, technical analysis, Traders

Category: Education


Has Europe’s Sovereign Debt Crisis Finally Hit Rock Bottom?
Inside the May 2012 European Financial Forecast...

By Nico Isaac
5/4/2012 6:00:00 PM

It’s been two years since the sovereign debt crisis crashed onto the European shores. And, despite 1-plus trillion euros in emergency bailout loans, the region’s economy has -- as my British friends would say -- “gone pear-shaped.” So, is this what rock bottom feels like?

Filed Under: AEX, Bank of England, CAC40, DAX, diversification, Elliott wave, Elliott Wave trading, eu, euro, euro stoxx 50, euro/USD exchange rate, europe, european central bank, European debt crisis, european markets, European Union (EU), eurozone, FTSE, Swiss Market Index (SMI), technical analysis

Category: European Markets


Asia-Pacific Stocks: DON'T "Sell in May and Go Away"?
The Asia-Pacific region broke this old rule more than once. What about 2012?

By Vadim Pokhlebkin
5/4/2012 5:45:00 PM

At the 2nd annual Social Mood Conference in April, one speaker delivered an interesting insight: Every year, stock market returns in May-October average only about 50% of the returns in November-April. Important information, yes -- but did you realize that May-October in 2003, 2007 and 2009 were great periods to hold Asian-Pacific equities? What about 2012, you may wonder?

Filed Under: Asia Dollar Index, Asian-Pacific Short Term Update, ASX All Ordinaries, Bank of Japan, BRIC, Chinese markets, diversification, Elliott wave, Elliott Wave trading, emerging markets, Indian markets, investment strategy, Nikkei, Shanghai Composite Index, stock indexes, technical analysis

Category: Asian Markets


[FREE WEBINAR] 5 Critical Steps You MUST Take for a Successful Trade
Want to improve your Elliott Wave trading skills? Take advantage of a free webinar from Beacon Learning Group.

By Jill Noble
5/2/2012 5:15:00 PM

Beacon Learning Group will host an educational webinar for EWI readers on Tuesday, May 8 at 11:00 am Eastern Time. Learn how to register today!

Filed Under: Elliott Wave Education, Elliott Wave Principle, Elliott Wave trading, risk management, technical analysis, trade targets, Traders

Category: Stocks


Peter L. Brandt: FREE 35-minute Webinar from a Veteran Commodities Trader
From Mistakes to Success: 30 Years of Trading -- in 3 days

By Jill Noble
5/2/2012 5:00:00 PM

Preview what Peter Brandt teaches an exclusive, international group of traders and hedge fund managers, and learn how to get $1,000 off the regular price for a limited time only>>

Filed Under: Elliott Wave Education, Peter Brandt, risk management, technical analysis

Category: Education


EUR/USD Falls Off a Cliff
What's next -- back to below $1.30?

By Vadim Pokhlebkin
5/2/2012 4:15:00 PM

The euro's slow upward grind from the April 15 low of near $1.31 ended with a bang on May 1. The violent decline that started that day and continued on May 2 very quickly -- as it usually happens -- erased almost all of the gains from the two-week rally. The move has been widely blamed on "European debt crisis worries." Of course...

 

Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, europe, european central bank, European debt crisis, European Union (EU), eurozone, forex, forex trading, technical analysis, U.S. dollar

Category: Currencies


India, Pakistan, Sri Lanka, Indonesia: How Elliott Wave Analysis Turned BULLISH When Few Dared, Part II
EWI's Asian-Pacific stock market analyst explains the unique benefits of Elliott wave analysis for emerging market investors

By Vadim Pokhlebkin
5/2/2012 2:00:00 PM

This is Part II of my interview with EWI's Mark Galasiewski, a monthly contributor to the "Asian-Pacific Stocks Section" of our Global Market Perspective -- a comprehensive, 50-page monthly publication for global investors. -- Mark, you use Elliott wave analysis as your chosen forecasting method. Why Elliott? Why not just watch the news like most investors do? -- Mark Galasiewski: Well, the example I already showed you...

Filed Under: Asia Dollar Index, Asian-Pacific Short Term Update, ASX All Ordinaries, Bank of Japan, diversification, Elliott wave, Elliott Wave trading, Greek debt, Indian markets, Indian Rupee, investment strategy, Korean Won, Nikkei, risk management, SENSEX, Shanghai Composite Index, Singapore Dollar, Taiwan index, technical analysis

Category: Global Markets