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
Do You Know What A "High-Probability" Trade Setup Looks Like?
Elliott Wave Junctures latest video lesson shows you the 4 simple steps to identifying a high-probability, low-risk trade -- in ANY liquid market
By Nico Isaac
5/21/2012 3:15:00 PM
Does your method of market analysis reveal whether the larger trend in a financial market is a bearish or bullish? If bearish, does it identify how far prices will fall, where the optimum place to enter a trade is, or where to place your protective stop? If you answered "no" to ANY one of these questions, then your trading may be like driving a car with no brakes.
Filed Under: Elliott wave, Elliott Wave trading, Jeffrey Kennedy, Traders, trading lessons
Category: Trading Lessons
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 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
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
By Vadim Pokhlebkin
5/9/2012 3:15:00 PM
About once a week , the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. The goal of each video is two-fold: to deliver a fresh market update, but also to teach a valuable lesson in Elliott wave analysis. Watch this 7-minute Aussie dollar video.
Filed Under: currency, Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, forex, forex trading, online trading, Swiss franc, trading lessons, U.S. dollar, usd/jpy
Category: Currencies
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
By Jill Noble
5/1/2012 9:30:00 AM
For the first time ever, Dick and his assistant, Roberto Hernandez, have authorized us to share some highlights from their approach in a 12-page, information-packed FREE report!
Filed Under: Dick Diamond, Elliott Wave Education, technical indicators, Traders, trading lessons
Category: Education
By Nico Isaac
4/27/2012 1:45:00 PM
According to the National Weather Service, March 2012 was the most sweltering month since official tracking began in 1910. That was outside. Inside the world’s key commodity markets, according to EWI’s chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy, the Elliott wave heat is about to set new records in May. Get the sizzling scoop today.
Filed Under: Cocoa, cocoa futures, Cocoa, Elliott Wave Trading, Jeffrey Kennedy, coffee futures, corn futures, cotton futures, CRB index, Daily Futures Junctures, Elliott wave, Elliott Wave trading, feeder cattle futures, futures trading, grain futures, Jeffrey Kennedy, lean hog futures, live cattle futures, online trading, Orange Juice, sugar futures, trading lessons, trendlines, wheat futures
Category: Commodities
By Vadim Pokhlebkin
4/16/2012 5:30:00 PM
On Friday (April 13), U.S. jobless claims rose -- but the U.S. dollar didn't fall against the euro; it gained. On Monday (April 16), U.S. retail sales rose sharply -- but the USD didn't rally; it gave back to the EUR almost all of Friday's gains. Go figure. Of course...
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
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 Vadim Pokhlebkin
4/3/2012 2:30:00 PM
Here's a paradox for you. On Monday (April 2), unemployment in the 17 euro nations reached a record high of 10.8% -- highest ever since the euro was introduced in 1999. Reports say eurozone manufacturing activity had fallen to a 3-month low. The words "Eurozone recession" are being muttered. Meanwhile, the latest U.S. employment and manufacturing reports have been strong. You'd think the euro would be crushed -- but no. Why?
Filed Under: Elliott wave, Elliott Wave trading, eu, euro, euro/USD exchange rate, European Union (EU), eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, unemployment
Category: Currencies
By Vadim Pokhlebkin
4/2/2012 1:00:00 PM
At least once a week usually, the editor of EWI's forex-focused Currency Specialty Service, Jim Martens, records a video for his subscribers. Watch as he delivers this valuable 4-minute Elliott wave lesson using EUR/USD as an example.
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar
Category: Currencies
By Vadim Pokhlebkin
3/27/2012 6:30:00 PM
This week started badly for the euro. As forex markets opened in Asia late on Sunday (US time), and after the European traders joined in, the euro-dollar exchange rate fell to near $1.3200. The EUR was losing to the USD "on concerns over the health of the eurozone economy," reported news headlines. But Elliott wave patterns in EUR/USD charts disagreed...
Filed Under: Elliott wave, Elliott Wave trading, eu, eurozone, forex, forex trading, technical analysis, technical indicators, trading lessons, U.S. dollar, volatility
Category: Currencies
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
By Bob Stokes
3/23/2012 8:45:00 AM
The recorded sound of a truck backing up literally goes off on professional trader Peter Brandt's computer when it's time to "back up the truck" on a trade. The sound means a trade set-up is good as it gets. That's when Brandt might double or even triple his average trade commitment. Brandt says trades like that can make up fully 50 percent of his annual return. Learn how Peter Brandt has stayed ahead in the trading game...
Filed Under: Club EWI, technical analysis, technical indicators, Traders, trading lessons
Category: Education
EUR/USD: Nowhere Fast?
How Elliott wave analysis helps you identify the forex trend in several simple steps
By Vadim Pokhlebkin
3/21/2012 4:00:00 PM
Today's euro-dollar exchange rate hovers near $1.32. That's the same price point where EUR/USD traded in early March -- and in mid-February, and in late January. You must look at the market's Elliott wave pattern to determine the trend. Let's do that.
Filed Under: Elliott wave, Elliott Wave trading, euro, forex, forex trading, technical analysis, technical indicators, trade targets, trading lessons, U.S. dollar
Category: Currencies
EUR/USD: Why You Should Be Wary of "Fundamentals"
A quick look at the recent history of the euro-dollar exchange rate and its "fundamental" background
By Vadim Pokhlebkin
3/14/2012 6:00:00 PM
Please see if you can guess when these 4 forex-related headlines were published (all from major news sources). As you've probably guessed, it's a trick question...
Filed Under: Elliott wave, Elliott Wave trading, euro, euro/USD exchange rate, european central bank, European debt crisis, forex, forex trading, fundamental analysis, Greek debt, trading lessons, U.S. dollar
Category: Currencies
By Debbie Iseler
3/8/2012 8:45:00 AM
As a trader, Chief Commodity Analyst Jeffrey Kennedy spent years designing his own technique to add confidence to his wave counts and improve his accuracy. He came up with the Jeffrey Kennedy Channeling Technique, which he uses to confirm his wave counts in his Futures Junctures Service. The following Trader's Library lesson offers an overview of his method...
Filed Under: Elliott Wave Education, Elliott Wave Principle, Jeffrey Kennedy, technical analysis, trading lessons, trendlines
Category: Trading Lessons