Forex Charts Forex charts are the bedrock of technical analysis. Technical indicators are usually added to forex charts as a way of making sense out of the candlesticks and bars that define price movements. The sole aim of technical analysis is to be able to use the information on the charts to be able to […]
S&P 500: Did the 13.74-Point Rally Finish the Move?
June 20, 2012 by Leave a Comment
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. […]
Understanding Implied Volatility
June 13, 2012 by 1 Comment
Option Prices and Implied Volatility Understanding implied volatility in option prices is a key factor in profitable options trading. According to Investopedia- Implied Volatility is: The estimated volatility of a security’s price. In general, implied volatility increases when the market is bearish and decreases when the market is bullish. This is due to the common belief […]
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 […]
Fixed Annuities vs. Permanent Life Insurance
May 28, 2012 by 5 Comments
Fixed Annuities vs. Permanent Life Insurance – Which is better? The short answer is that neither is better, both serve unique purposes in your overall investment scheme and both may be necessary. An annuity is an insurance product that pays out income and is usually used as a part of your retirement strategy. If you are looking for […]
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 […]
Financial Planning Software
January 30, 2012 by Leave a Comment
Financial Planning Software – Is It Beneficial for the Experienced Investor? Financial planning software is being used by many experienced investors to track their investments and set proper investment targets and accomplish their goals. It can be used to formulate a well-planned budget and carry out a thorough examination of your investment portfolio and get a clear idea […]
Why Choose the Wave Principle?
January 7, 2012 by Leave a Comment
Robert Prechter reveals why he embraced the Wave Principle. Robert Prechter is the widely recognized authority on the Elliott Wave Principle. Read how he learned about the Wave Principle and why he embraced it in the edited excerpt from his book Prechter’s Perspective below (Q&A format): ——————– Question: What was it about Elliott that captured […]
Read About the Elliott Wave Principle in R.N. Elliott’s Own Words on his Birthday
August 9, 2011 by Leave a Comment
July 28 would have been Ralph N. Elliott’s 140th birthday, so it’s a fitting time to post an excerpt from his essay, “The Basis of the Wave Principle.” There’s nothing like reading for yourself what the discoverer of the Wave Principle wrote about how it works. This essay is taken from the book, R.N. Elliott’s […]
