Can’t miss a top when you see the head and shoulders in place! See examples of a head-and-shoulders pattern in a chart of SPY By Elliott Wave International A head-and-shoulders…
Category: Technical Analysis
Monetary “Yentervention” did not cause the currency’s depreciation — it only COINCIDED with it Talk about “star” wars. “Asia’s biggest action star” Donnie Yen was just cast in the next…
I always say trading forex markets is like riding a bike — except that said bike has one flat tire and the ground beneath it is covered in ice. So…
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…
Free 10-page eBook can get you started What is a moving average? Here’s how EWI’s Jeffrey Kennedy puts it: A moving average is simply the average value of data over…
For the past two weeks,EUR/USD has moved mostly sideways. It’s been — for lack of a better word — boring. Yet, you may know from your own experience that the…
Fibonacci is commonly used to estimate supports and resistence levels in stock prices. Here we will not get into why it works. But we will simply observe how it could…
Explore the rules, guidelines and Fibonacci multiples of impulse waves Impulse waves are an integral part of the Wave Principle. Understanding their rules, guidelines and Fibonacci multiples will improve your…
Tips from EWI Senior Analyst Jeffrey Kennedy’s Stocks and Commodities interview If you trade with Elliott wave analysis, your trading decisions are all about the difference between where the market…
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…