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. […]
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.
How You Can Make Yourself a Better Trader
October 27, 2011 by Leave a Comment
Define Yourself: What Kind of Trader Are You? The idea of being a successful trader is exciting. The reality of becoming one is another thing. You need to understand more than the markets — you need to understand yourself. EWI’s Senior Analyst Jeffrey Kennedy knows what it takes. He has analyzed and traded the markets […]
Beginner’s Guide To Understanding Market Charts
October 9, 2010 by Leave a Comment
You don’t need computerized technical analysis to understand market trends Being able to “read” a market chart is a rare skill even among professionals. Most investors focus on “the fundamentals”: Things like unemployment numbers, earnings, Fed statements, etc. But just like a picture is worth a thousand words, a chart can tell you a lot […]
Market Myths Exposed: Inflation Is Not A Threat, Deflation Is
April 9, 2010 by Leave a Comment
Most people are confident they can recognize a myth when they hear one: Wearing a hat causes baldness; eating a bunch of carrots gives you perfect vision; ‘light’ cigarettes are better for your health than the regular kind. But what about this sentence: Inflation is the number one threat to the US economy? Myth? You betcha.
Your Cheatin’ Chart Will Tell On You
March 30, 2010 by Leave a Comment
Hank Williams may not have known about Elliott waves, but he did know when a story doesn’t add up. Such is the case with the nominal rise of the Dow Jones Industrials from 2000 to 2007. In the language of country music, this stock index has a “Cheatin’ Chart” — it doesn’t tell the real story.
Bob Prechter Reveals the Most Dangerous Gold & Silver Myths
March 23, 2010 by Leave a Comment
Right now, the gold BULL-ion bandwagon is more crowded than a New York subway train during rush hour. But before you squeeze your way into the crowd of passengers, you should know one thing: Those steering the course are using outdated maps based on ill-conceived notions and illusory hopes.
