The size of the wave will surprise most everyone On Monday Oct. 8 I sat down with Elliott Wave International’s senior analyst Jeffrey Kennedy to discuss his favorite wave pattern of all: the Elliott wave diagonal. Nico Isaac: You say if you had to pick just ONE of all 13 known Elliott wave structures to […]
Elliottwave For- Where Technical Studies Fall Short
May 12, 2011 by Leave a Comment
5 Ways the Wave Principle Can Improve Your Trading May 12, 2011 By Elliott Wave International Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high-probability price targets. Just as important, it can distinguish high-probability trade […]
Trendlines: How a Straight Line on a Chart Helps You Identify the Trend
January 31, 2011 by Leave a Comment
Technical analysis of financial markets does not have to be complicated. Here are EWI, our main focus is on Elliott wave patterns in market charts, but we also employ other tools — like trendlines. A trendline is a line on a chart that connects two points. Simple? Yes. Effective? You be the judge — once […]
EUR/USD: What Moves You?
February 5, 2010 by Leave a Comment
What moves currency markets? “The news” is how most forex traders would undoubtedly answer. Economic, political, you name it — events around the world are almost universally believed to shape trends in currencies. Today’s (Jan. 14) new story, for example, is high up on the roster of events that supposedly have a major impact on the euro-dollar exchange rate. But let’s take a closer look at it.
