Here’s what Elliott wave analysis is all about: You study charts to find non-overlapping 5-wave moves (trend-defining) from overlapping 3-wave ones (corrective, countertrend). With that in mind, please take a look at this chart of the S&P 500. Immediately, you can see that the S&P 500 has been moving sideways in a choppy, overlapping manner. […]
Patience Can Be Rewarding
June 4, 2012 by Leave a Comment
The 80/20 Trade Rule: “Pounce Like a Cat” Patience Can Be Rewarding Copy the tiger when stalking and capturing a “pounce-ready” trade. Tigers know the prey they covet is elusive: they show great patience and care when stalking the target. I came across this description of the tiger’s technique: “When hunting, this cat…may take twenty […]
Trading the Line
May 21, 2012 by 1 Comment
How a Simple Line Can Improve Your Trading Success Elliott Wave International’s Jeffrey Kennedy explains many ways to use this basic tool The following trading lesson has been adapted from Jeffrey Kennedy’s eBook, Trading the Line — 5 Ways You Can Use Trendlines to Improve Your Trading Decisions. You can download the 14-page eBook here. […]
Stock Market Fluctuations
May 2, 2012 by Leave a Comment
The Manic-Depressive Stock Market: What to Make of It The psychology of the market may be teetering on the edge The stock market: one week it acts like Dr. Jekyll, the next week it’s Mr. Hyde. That shift can even occur in the course of a single session. These dramatic fluctuations appear to be impulsive; […]
Has Wall Street Ever Warned You in Time?
April 19, 2012 by 1 Comment
Stock Market Turning Points: Divorce yourself from the crowd. Independence is good. In the play “The Secret to Freedom,” Pulitzer prize writer Archibald MacLeish had a character say this: The only thing about a man that is a man is his mind. Everything else you can find in a pig or a horse. MacLeish knew […]
How to Handle an Economic Implosion
April 18, 2012 by Leave a Comment
Is an Economic Implosion Imminent? In the following article from Elliott Wave International, statistical data shows it is coming and what you need to do to be prepared ~editor How to Handle an Economic Implosion I came across some research on the subject of worry. Here’s how it was presented: Things People Worry About: things […]
Diagonal: Straight Shot to a Trading Opportunity
April 5, 2012 by Leave a Comment
Today we sit down with Elliott Wave International’s Futures Junctures Editor and Senior Tutorial Instructor Jeffrey Kennedy to discuss his favorite wave pattern of all: the diagonal. EWI: You say if you had to pick just ONE of all 13 known Elliott wave structures to spend the rest of your technical trading life with, it […]
The Three Phases of a Trader’s Education
March 16, 2012 by Leave a Comment
Learn Jeffrey Kennedy’s tips for becoming a consistently successful trader You’ve probably heard talk about “market uncertainty” in the financial news recently. But when are the market trends ever certain? The constant uncertainties contribute to your frustrations as a trader, and you need to have a method for dealing with the ups and downs. Every successful trader […]
Which Method Can Traders Use to Confirm an Elliott Wave Count?
March 8, 2012 by Leave a Comment
Jeffrey Kennedy has developed a theory that guides his analysis When you are watching a pattern develop on a chart, how can you be sure that your wave count is correct? The Elliott Wave Principle offers rules and guidelines that you can use to add confidence to your wave count. Elliott Wave International’s Senior Analyst […]
