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 […]
Learn How to Apply Fibonacci Retracements to Your Trading
February 9, 2012 by Leave a Comment
EWI’s new eBook helps you identify trading opportunities Elliott waves often correct in terms of Fibonacci ratios. The following article, adapted from the eBook How You Can Use Fibonacci to Improve Your Trading, explains what you can expect when a market begins a corrective phase. Learn how you can read the entire 14-page eBook below.
Applying Fibonacci to Stock Market Patterns: It’s easier than you might think!
February 3, 2012 by Leave a Comment
Patterns are everywhere. We see them in the ebb and flow of the tide, the petals of a flower, or the shape of a seashell. If we look closely, we can see patterns in almost everything around us. The price movements of financial markets are also patterned, and Elliott wave analysis gives you the tools […]
Technical Indicators: A Love-Hate Relationship
January 28, 2012 by Leave a Comment
Part I: How One Technical Indicator Can Identify Three Trade Setup Trading using technical indicators — such as the MACD, for example — can do one of two things: help you or hurt you. Elliott Wave International’s Jeffrey Kennedy explains what he loves and hates about technical indicators and shows you how he uses them […]
Five Fatal Flaws of Trading
January 18, 2012 by Leave a Comment
Close to ninety percent of all traders lose money. The remaining ten percent somehow manage to either break even or even turn a profit — and more importantly, do it consistently. How do they do that? That’s an age-old question. While there is no magic formula, EWI Senior Instructor Jeffrey Kennedy has identified five fundamental […]
