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 Nico Isaac
5/18/2012 4:45:00 PM
Since the start of May -- in just 3 weeks! -- crude oil prices have fallen 12% to land at their lowest level in 6 months. Great time to be an oil bear for sure, but now oil bears want to know whether their gravy train has reached its destination. Well, according to the mainstream experts, the answer to that question is a very confident Yes... and, an equally confident No. Today's story has the riveting details.
Filed Under: crude oil, Elliott wave, Elliott Wave trading, fundamental analysis, oscillators, Relative Strength Index (RSI), technical indicators
Category: Energy
A Way to Confidently Trade Metals? Keep Talking
EWI’s Metals Specialty Service presents a 30-minute "how-to" video on using the triangle Elliott wave pattern to anticipate major turns.
By Nico Isaac
4/30/2012 5:00:00 PM
Countless people trade in precious and industrial metals markets. But very few of those people trade gold, silver, aluminum and copper with confidence. As a sector prone to double-digit intraday drops and advances retraced entirely only hours later, the fact is this: those who invest in metal markets are often about as relaxed as a bomb diffuser -- never knowing if cutting the green wire will lead to... Kablamo!
Filed Under: aluminum, copper futures, Elliott wave, Elliott Wave trading, Gold, precious metals, Relative Strength Index (RSI), silver, technical indicators
Category: Gold and Silver
By Nico Isaac
3/27/2012 3:30:00 PM
Today, I'm talking with EWI's Prime Stocks Flash editor Ron Feinstein about the analytical process that led to his issuing an urgent flash alert on Boeing Company on March 20, 2012. In the interview that follows, Ron sheds light on how Elliott wave analysis combined with traditional technical indicators enabled him to stay in front of Boeing's near-term trend change.
Filed Under: Elliott wave, Elliott Wave trading, Relative Strength Index (RSI)
Category: Stocks
EUR/USD: What's In a Chart? A LOT
A real-world example of the advantage Elliott wave forex traders can have
By Vadim Pokhlebkin
3/23/2012 5:15:00 PM
Many forex traders use technical chart analysis -- most commonly, momentum indicators like the RSI and MACD. But in conventional finance, rarely do you ever hear anyone mention Elliott wave analysis among their trading tools. To which we can say: their loss. Those who trade currencies with Elliott often have a leg up on competition. Let me show you an example.
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, Moving Average Convergence Divergence (MACD), Relative Strength Index (RSI), technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
Commodity "Hunger Games": Who Will Survive?
A brand-new Monthly Futures Junctures reveals which markets will make it to the bullish finish in the weeks and months ahead.
By Nico Isaac
3/23/2012 11:30:00 AM
Today (March 23) marks the release of our newest, March 2012 Monthly Futures Junctures, a publication for commodity investors and traders. There, EWI's chief commodity analyst Jeffrey Kennedy presents his own, heart-pounding commodity "Hunger Games" movie: A 20-plus minute "Featured Market" video that reveals which of four major markets -- Cocoa, Soybean Oil, Lean Hogs, and Live Cattle -- will exit the arena riding a bull of victory. AND, which one's get left behind in the grizzly's den.
Filed Under: Cocoa, Elliott Wave Trading, Jeffrey Kennedy, Elliott wave, Elliott Wave trading, Jeffrey Kennedy, lean hog futures, live cattle futures, Relative Strength Index (RSI), soybean oil
Category: Commodities
"How 'Bout Them Apples?"
A compelling chart of Apple stock makes a rare appearance in EWI's March 9 Short Term Update (online now)
By Nico Isaac
3/12/2012 6:00:00 PM
We -- along with the rest of Planet Earth -- have been talking a lot lately about Apple, the world's largest publicly traded company. If only there was an app that could predict the future of Apple itself... well, perhaps you've just found one. To be exact, it's not an app -- it's technical analysis of Apple stock. Here, our own March 9 Short Term Update presents this rare chart of AAPL versus its Relative Strength Index -- a momentum indicator -- since August 2011
Filed Under: Relative Strength Index (RSI), Short Term Update
Category: Stocks
An "Acid Test" For Gold
EWI's Metals Specialty Service reveals whether gold prices score in favor of the bulls or bears.
By Nico Isaac
3/9/2012 5:00:00 PM
If you've been following mainstream financial reports on gold for some clue as to the precious metal's near-term trend, you might be experiencing what I like to call a funda-Mental Breakdown. Symptoms include: Illusions that one single news event can move gold prices in two totally opposing directions... within hours of each other.
Filed Under: Chinese markets, Gold, precious metals, Relative Strength Index (RSI), Elliott Wave trading
Category: Gold and Silver
European Stocks: A Chicken or a Fox?
EWI's European Stocks Specialty Service brings you original price charts and objective Elliott wave analysis of the Euro STOXX 50's next big move
By Nico Isaac
2/8/2012 5:30:00 PM
If you didn't know any better, you might think the recent news items regarding the European stock markets were being written from inside a loony bin. Case in point, the following slew of Euro-related headlines: "European stocks DECLINED as Greek talks... continued" -- VERSUS -- "European Stocks RISE Amid Greet Debt Talks."
Filed Under: Bob Prechter, Elliott wave, Elliott Wave trading, euro stoxx 50, europe, european markets, Fibonacci, fundamental analysis, prechter, Prechter's Perspective, Relative Strength Index (RSI)
Category: European Markets
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
By Nico Isaac
11/16/2011 5:00:00 PM
The Elliott Wave Principle recognizes 13 known wave patterns on the price charts of financial markets. Some of these fall into the category I like to call "Casserole" patterns; meaning they develop at an easy rate that affords enough time for the analyst to walk away from his/her desk and dawdle with other things, like preparing an elaborate casserole. The other category is the "Canned Soup" patterns.
Filed Under: Daily Futures Junctures, Elliott wave, Elliott Wave Principle, Elliott Wave trading, head and shoulders pattern, Jeffrey Kennedy, Relative Strength Index (RSI)
Category: Commodities
Gold's Recent Uptrend: Bona Fide OR Bona Fraud?
EWI's Metals Specialty Service explains what gold must do to start entertaining a bullish outcome
By Nico Isaac
10/27/2011 3:30:00 PM
Today, I'm talking with EWI's Metals Specialty Service editor Mike Drakulich about the recent volatile price action in the world's most watched precious metal: gold. In this compelling interview, Mike reveals the analytical process he took to stay "downwind" from gold's near-term scent.
Filed Under: Elliott Wave trading, Fibonacci, Gold, Relative Strength Index (RSI)
Category: Gold and Silver
By Nathaniel Williams
10/26/2011 10:00:00 AM
The MSCI Asia Apex Index combines 50 of the largest stocks in Hong Kong, Taiwan and Korea. The following Elliott wave development in the index provided EWI Global Analyst Chris Carolan an opportunity to show his readers how he uses three of his favorite technical indicators to anticipate trend changes.
Filed Under: Keltner channels, Relative Strength Index (RSI), technical analysis, technical indicators
Category: Asian Markets
By Nico Isaac
10/12/2011 5:00:00 PM
Today, I'm talking with EWI's Prime Stocks Flash editor Ron Feinstein on the analytical process that led to his issuing two flash alerts on Molycorp, Inc. (MCP) back in July.
Filed Under: Elliott Wave Principle, Elliott Wave trading, oscillators, Relative Strength Index (RSI), volume
Category: Stocks
By Nathaniel Williams
10/3/2011 2:15:00 PM
It's official: Asian-Pacific stocks just had their worst quarter since 2008. Yet some markets' woes are even more staggering: like Hong Kong's Hang Seng Index, which sealed its worst quarter in a decade. It's been difficult for traders to navigate these stormy seas of market volatility. That's why you should have a co-pilot on board...
Filed Under: Asian-Pacific Short Term Update, Chris Carolan, Nikkei, Relative Strength Index (RSI), Singapore Dollar
Category: Asian Markets
By Nathaniel Williams
9/12/2011 3:15:00 PM
EWI's analysts often consult unbiased technical indicators to confirm their Elliott wave analysis. And when an indicator both confirms your outlook and flashes a critical signal for the first time in 28 months, it's wise to take heed...
Filed Under: Dow Jones Industrial Average (DJIA), Elliott Wave Principle, europe, forex trading, Gold, Relative Strength Index (RSI), S&P 500, silver, technical indicators
Category: Global Markets
By Jill Noble
9/9/2011 4:00:00 PM
Even the most experienced traders often suffer losses in volatile markets. So how do some people manage to achieve long-term success in bull and bear markets alike?
Filed Under: Bear market, Dick Diamond, Elliott Wave trading, oscillators, personal finance, Robert Prechter, Relative Strength Index (RSI), risk management, technical indicators, Traders
Category: Stocks
By Nico Isaac
9/7/2011 3:15:00 PM
On Friday September 2, I performed a two-step experiment to determine how well fundamental analysis of financial markets prepares investors for major trend changes before they occur. Step One: Read the mainstream news items regarding the one market that has captured the imagination of everyone from housewives to hedge funds: Gold.
Filed Under: Elliott Wave trading, Gold, Relative Strength Index (RSI)
Category: Gold and Silver
Gold: Near-Term Opportunity as the Day Is Long
EWI's Metals Specialty Service intraday analysis shows gold prices nearing a critical juncture
By Nico Isaac
9/1/2011 2:45:00 PM
When gold investors came knocking on the mainstream "fundamental" door on Thursday, September 1, they were turned away by a sign in the window that read: On Holiday. Come Back Tomorrow. According to the usual experts, the news-movers-and-shakers in gold's backdrop are on hiatus until Friday, September 2 -- when the highly-anticipated US unemployment report is released.
Filed Under: Elliott Wave trading, Gold, Relative Strength Index (RSI)
Category: Gold and Silver
Why We Are On "High Alert" For Silver
EWI's Metals Specialty Service reveals two compelling reasons to keep your eyes glued to silver
By Nico Isaac
7/25/2011 4:30:00 PM
Today I'm talking with EWI's Metals Specialty Service editor Mike Drakulich about where the next near-term opportunity could arise. Question: If the world of metals was a vegetable garden, which market's price action is fully ripened on its vine and ready for picking?
Mike Drakulich: That's easy. I am on very high alert in silver.
Filed Under: Elliott Wave trading, Relative Strength Index (RSI), silver, silver futures
Category: Gold and Silver