What Are the BEST Technical Indicators for Successful Trading?
8 technical analysis tools that give any trader an edge
You may have seen a TV ad where “traders” describe their strategies, and one says, “I trade on fundamentals.” That sounds very reassuring — except that, on any given day, “fundamentals” are a mixed bag:
- You might have a good U.S. employment report…but bad news from Europe
- A positive Fed statement…but a negative housing number
- Strong earnings…but slowing consumer spending
And so on. Which “fundamental” factor trumps the other? Which one carries more weight in your forecast? Your guess is as good (or bad) as anybody’s.
Your alternative is technical analysis, which forecasts the markets’ short- and long-term moves based on objective metrics, not guesses. Continue reading
“Your Work Helps Me in a Very Practical Way”
Prechter talks with Mind of Money Host Doug Lodmell
Robert Prechter offers a broad overview of the Wave Principle in this interview clip with The Mind of Money host, Douglass Lodmell. Continue reading
Keep Ahead of the Herd in 2011
Learn to Survive and Thrive with Knowledge of Socionomics and the Elliott Wave Principle
Have you ever noticed that much of the time, the forecasts for what’s going to happen next are quite often just more of what happened last? There’s no real insight, just “expect more of the same.”
That’s not how we view the world here at Elliott Wave International, where instead we study patterns of positive and negative mood to predict changes in the stock market, current events and other trends.
Pop culture trends are more than just “interesting” — analysis of social mood trends is part and parcel of Elliott Wave International’s technical approach, helping us anticipate changes that most people never see coming. Continue reading
Just Your Average 300-Year Bear Market?
Long-Term Trend Forecasting is Actually Easier than Short-Term
By Robert Jay
Most people who analyze the present give too little thought to the past, even when previous decades or centuries offer acutely relevant information. This is particularly true in the financial world, where short attention spans are chronic. A Sept. 9 article in The Economist magazine put it this way:
“The financial world seems to be obsessed with the short term. Fund managers are usually judged on their performance over a three-month period. The television news highlights daily moves in stock markets. Lots of hedge funds think in terms of milliseconds.”
But would you be surprised to learn that long-term stock market trends are generally easier to forecast than short-term ones? EWI’s Robert Prechter says just that, and explains why…
Read the rest of this Entry
Your Chance to Learn How to Forecast Markets Using Technical Analysis
EWI’s Senior Tutorial Instructor Jeffrey Kennedy gives you practical lessons — free
September 17, 2010
By Elliott Wave International
There are two camps of market analysts out there: the fundamental camp and the technical one. Fundamental analysts look at things like the GDP, unemployment, interest rates, etc. to make logical assumptions about where the stock market is going.
Technical analysts use none of that. They look at the market’s internals to gauge the trend: things like momentum, trend channels — and yes, Elliott wave patterns.
And this is your free chance to learn how they do it. Continue reading
3 Reasons Now is Not the Time to Speculate in Stocks
After the investment winter of 2008, in 2009 as stocks began showing some “green shoots” and looked a bit like spring, 2010 has looked a bit like Summer or Autumn with prices flattening out and going nowhere. Does that mean that investment Winter is just around the corner again? Here is Robert Prechter’s take on the situation. ~editor
Sometimes the investment weather forces you to ‘buy a coat,’ says Robert Prechter
By Elliott Wave International
When it’s sunny, you head outside without a thought, but when it’s rainy, you look for your umbrella.
When the markets are trending up, you don’t worry about your investments much, but when the markets turn bearish … what do you do? Continue reading
The Elliott Wave Principle Book
Key to Market Behavior
A Great Classic for Three Decades
Take a moment to look over your books about investing. Have any of them given you a successful method for making profits and reducing risks? Is there even one such book that has proven reliable over the years?
Alas, most investors would say “no.” That’s because so few investment books are “classic” in the true sense: For years investors keep buying the book, and they keep using the method to make the most of their opportunities.
Over Three decades ago — 1978 — is one of the last times an investment book was written that is worthy of being called “classic.”
One of the two men who authored that book was a 26 year-old market analyst working at Merrill Lynch’s headquarters on Wall Street. The young man had earned a lot of attention in a short time by using a forecasting tool that almost no one had heard of.
Yet his market forecasts were startlingly accurate: Robert Prechter was the young man’s name, and he used a method called the “Elliott Wave Principle.”
A. J. Frost was one of the few other financial professionals who used the Wave Principle. In a distinguished 20-year career, Frost had likewise made many astonishingly accurate forecasts. His colleagues regarded him as the consummate technical analyst.
Frost and Prechter met in May of 1977 and became fast friends. Eighteen months later, they published Elliott Wave Principle – Key to Market Behavior. The Dow Industrials stood at 790. But the brash forecast in this new book called for a Great Bull Market. It became a run-away best seller.
Three decades is enough time for investors to deem a book about an investment method as “classic,” and surely the jury is “IN” on this one:Their book Elliott Wave Principle is now published in seven languages, and continues to sell thousands of copies every year. In Europe, Asia and the Americas, literally millions of investors worldwide use or recognize the Elliott Wave method for profitable investing.
Now You can get your own copy.
Robert Prechter and A.J. Frost’s groundbreaking investment classic hailed by reviewers as “the definitive textbook on the Wave Principle” is the most useful and comprehensive guide to understanding and applying the Elliott Wave Principle.
The Publishers Price is $29. We have a few copies in brand new condition available that we will let you have at the discounted Price of $19.95 + $3.99 Shipping (U.S. Only) Supplies are extremely limited we only have a few copies left at this price.
Elliott Wave Forex Trading Video: It’s Not The News That Matters
By Jim Martens
How to apply the Elliott Wave to Forex Trading
The standard explanation mainstream financial analysts and some forex trading “experts” use when talking about a market move is, “The market did that because of such-and-such news report.” But if you’ve been forex trading long enough, you know that all too often, the market’s reaction to the news is the opposite of what it’s “supposed” to be. In this video Elliott Wave International’s Senior Forex Trading Strategist, Jim Martens, explains that it’s not the news that matters when you’re trading forex — it’s the market’s reaction to the news that does — in this 10-minute forex trading video using the U.S. Dollar Index, Euro / Dollar and Dollar / Pound (cable) charts as examples Jim explains how he correlates Elliott Wave patterns to breaking news so he is prepared to capture the move in the right direction.
Learn Basics of Elliott Wave Analysis — FREE
By Elliott Wave International
Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets.
To help out Elliott Wave International’s readers in learning the basics of the method, we put together a free 10-lesson online tutorial. Here’s an excerpt. To get it in full, look for details below. Continue reading
Bigger Than 10% Correction Ahead
The date was March of 2009, the mood was decidedly bearish, Robert Prechter seemed like the lone Bull calling for a rally from that point. And that is precisely what we got.
In April 2010 the mood had changed, the media was Bullish but Bob turned Bearish. In his issue of his Elliott Wave Theorist he says conditions have changed and he is once again sounding prophetic. This is extremely important, the media would have you believe that this is an ordinary 10% correction. Prechter says it is imperative that you act now to protect yourself.
Because of the critical importance of this prediction, for a limited time, you can also visit Elliott Wave International to download the full 10-page April issue, free.
The following article is courtesy of Elliott Wave International. Tim McMahon, Editor
Bigger Than A “10% Correction”?
Every Big Bear Grew From a Cub
May 19, 2010
The famous “10% correction” that market pundits talk about sounds so nice and tidy, so predictable and tolerable. It’s as if this “cute little correction” came neatly wrapped, looked like an M&M candy character, and smiled at you and your family after you open the box.
