Elliott wave analysis is the blade-proof glove with which “to catch a falling knife” By Elliott Wave International In the wee morning hours before dawn on Thursday, June 20, the precious metals’ rooster crowed, “Cock-a-doodle-DOH!” It was the ultimate wake-up call: First, gold prices plummeted 4% then 5% then 6% below $1300 per ounce to […]
The 2 Most Important Keys to Successful Trading
Examples from Whole Foods Market and Reynolds American, Inc show you what to do (or not) to trade successfully with Elliott Wave By Elliott Wave International After 20 years of experience applying the Elliott Wave Principle, Senior Analyst Jeffrey Kennedy says that it remains the one tool that will tell him — down to the […]
(Video) How Market Losers Think – and How to Stop Doing It
The one simple insight that will change the way you invest forever By Elliott Wave International Some of the greatest problem solvers in history — Albert Einstein, for example — know that the secret to solving complex problems requires simplicity. Einstein’s simple equation () revolutionized math and science because it offered a single simple […]
Fibonacci Clusters Show Important Resistance Level in Gold
Senior Analyst Jeffrey Kennedy shares techniques that helped spot a trading opportunity. By Elliott Wave International If you use Elliott in your technical analysis, you may already use Fibonacci ratios to determine targets and retracement levels in your charts. But have you heard of “Fibonacci Clusters?” Elliott Wave Junctures editor Jeffrey Kennedy shares his charts […]
Top Technical Tools and Videos:Candlesticks, RSI & MACD
Enhance your trading confidence with this lesson on how the top technical tools Japanese Candlesticks, RSI and MACD By Elliott Wave International “Guessing or going by gut instinct won’t work over the long run. If you don’t have a defined trading methodology, then you don’t have a way to know what constitutes a buy or […]
3 Common Trading Pitfalls — Plus 6 Free Lessons
If your technical approach needs improvement, you are not alone. Our FREE report can help! By Elliott Wave International Long-term trading success depends on more than the right trading method: adequate capitalization, money management skills and emotional discipline are also vital. Yet it isn’t always easy to put your finger on which elements of trading […]
3 Rules that Govern Impulse Waves
In this article by Elliott Wave International, three rules that govern impulse waves are clearly displayed and explained. If you have any questions or comments about the Elliott Wave Principle, Fibonacci multiples or impulse waves, please post your comments below. We’d love to hear from you. ~ editor A Classic Impulse Wave in General Electric […]
Moving Averages Can Identify a Trade
These 3 charts help you understand how moving averages work Moving averages are a popular tool for technical traders because they can “smooth” price fluctuations in any chart. EWI Senior Analyst Jeffrey Kennedy gives a clear definition: “A moving average is simply the average value of data over a specified time period, and it is […]
Risk Management for Technical Traders [Interview Excerpt]
Tips from EWI Senior Analyst Jeffrey Kennedy’s Stocks and Commodities interview By Elliott Wave International If you trade with Elliott wave analysis, your trading decisions are all about the difference between where the market is vs. where it will be. According to Jeffrey Kennedy, editor of our Elliott Wave Junctures service, risk management skills are […]
Learn to Label Elliott Waves More Accurately
EWI Senior Analyst Jeffrey Kennedy shows you how to use momentum patterns to confirm your count Are you looking for an easy way to improve your confidence as you analyze the charts you trade? Take a quick look at this chart (adapted from Jeffrey Kennedy’s December 26 Elliott Wave Junctures lesson) to see how divergence […]