Successful trading doesn’t happen by accident. And it doesn’t happen by watching news headlines and reading company earnings reports. When the markets get volatile and the fundamentals don’t seem to work, it’s time to turn to technical analysis.
Our friends at Elliott Wave International employ the largest team of technical analysts in the world. They have just released a new report to help you better understand technical analysis: Learn the Best Technical Indicators For Successful Trading.
This report will help you understand which technical indicators are best for analyzing chart patterns, which are best for anticipating price action, even which are best for spotting high-confidence trade setups. You’ll also learn how technical indicators can be used to complement Elliott wave and other technical methods.
You get both video lessons and reports from EWI’s expert analysts that will teach you how you can use technical indicators such as MACD, the advance-decline line, trendlines, and Fibonacci retracements. You’ll learn how these technical indicators are so critical to helping you make successful trading decisions.
EWI’s expert analysts incorporate these indicators into their market analysis on a daily basis and they share their methods with you in this report.
Get your FREE report, Learn the Best Technical Indicators For Successful Trading, Now.
A Guide To Improve Your Stock Trades
Do you, like most people, believe that the best way to invest is to follow the news about China’s economy, oil prices, or the Fed’s next move? If so, prepare to be challenged with the Independent Investor eBook.
Technical analysis is the use of charts, price, volume and other technical indicators to help make trading decisions particularly in the stock market and the currency markets.
The Independent Investor eBook provides you with essays from Elliott Wave International’s most recent publications that will make you question the conventional wisdom on investing, such as: “rising oil prices are bearish for stocks,” “central banks and government policies control the markets,” and “earnings drive stock prices.” You’ll also learn how extreme market psychology affects the markets, with some eye-opening charts that provide shocking evidence of the real forces at play in the markets.
We promise to show you a whole new way of thinking about investing. Being an independent investor never goes out of style – whether the markets are bullish or bearish. This 50-page Independent Investor eBook will challenge conventional notions about investing and explain market behaviors that most people consider “inexplicable.”
Normally, you’d pay over $100 for the reports contained in the Independent Investor eBook, but today you can download them free.
Elliott Wave Theory
“Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it.”
I pulled this quote directly from the opening paragraphs of the free Elliott Wave Online Tutorial. It’s critical to your understanding of how markets really work.
Now some might say, “What’s wrong with following the crowd? I’m just following the easy money, right?” The problem with this logic is that most investors follow the crowd (or herd) all the way up the mountain … then right off the cliff.
Look at today’s situation: How many people you know got out of the stock market before the October 2007 top? Heck, how many you know cut losses and cashed out even six months after the top?
If you’re like most people, your answer ranges from “zero” to “very few.”
Being a successful investor over the long-term means you must always strive to be part of that “very few.”
Famed market analyst Robert Prechter, the leading practitioner of the Elliott wave method of market analysis, once said, “Missing a market move may be a shame, but getting caught on the wrong side of one means you lose money. People who have gone through the experience know there’s a big difference.”
To be a successful individual investor, you must understand what it means to take risks when the probabilities are behind you and shun risk when they’re not. Robert Prechter’s method of analysis, the Elliott Wave Principle, is designed to help him and his subscribers do just that.
Buy and hold is dead. Trading isn’t any easier. Having a big-picture outlook doesn’t mean you must “set it and forget it,” as the late-night infomercial guy says. And it certainly doesn’t mean you must be in and out of the markets every day. It simply means you can see the forest for the trees.
You can go long when the markets are behind you, short if you have the guts, and stay out completely when the risk is too high. Simply put, adopting an independent, unbiased method is the very best way to ensure you don’t get caught up in the investment herd.
Elliott wave analysis is not for everyone. It’s highly technical. And it presents probabilities, not certainties (there’s no such thing as a black box trading system). The most successful investors and analysts – the guys who are still around after 30 years like Prechter – are able to assign probabilities and assess risk; and they act only when probabilities are high and risk is not.
I encourage you to learn more about the method that has kept Robert Prechter out of the herd and in the game for more than three decades. His company, Elliott Wave International, has an extremely useful Elliott Wave Tutorial for free online. It’s broken up into 10 lessons across 50 pages, so it’s easy to read and review at your leisure.
Check it out at the link below, give yourself some time to digest it, and decide for yourself if Elliott is a method you should add to your investment arsenal.
The Deflation Problem
As the biggest credit bubble in history continues to shrink, consumer prices have stayed flat over the past several months, meaning there is ZERO sign of inflation in the economy — despite growing commitments from the U.S. government.
So what’s keeping inflation at bay, given all the stimulus money promised? The answer: Deflation — an overwhelming urge for consumers to liquidate their assets for cash.
And this new economic phase is finally becoming too obvious to ignore, as explained in recent commentary from the world’s largest technical analysis firm.
“The economy is moving into a critical new phase, an outright deflation in which ‘prices fall because people expect falling prices.’ Obviously, this implies an element of recognition, as efforts to protect against indebtedness and falling prices contribute to further declines. We can tell deflation is entering a new stage because of the language and ideas that financial observers now use to describe it.”
— The Elliott Wave Financial Forecast (September 2010)
So how do you protect yourself from deflation? The first step is to understand it.
Elliott Wave International has put together a complimentary 90-page ebook, now updated with 30 new pages of commentary from Robert Prechter through 2010. The ebook is designed to help you prepare, adapt, survive and prosper in the event of deflation.
Prechter has spent most of the past decade as an outcast among financial forecasters, because of his certainty that deflation would soon shock virtually all investors – despite the policy makers and string-pullers who promised to prevent it.
To show you just what Prechter’s deflation forecast was up against, consider this: Experts from all schools of the economics profession said deflation was “utter nonsense,” a preoccupation of “small children,” and as likely to happen as “being eaten by piranhas.” How could deflation begin when the entire economics profession unanimously said it’s not possible?
Yet there’s no question some deflation HAS occurred. The question now is, will it get worse?
In his new 90-page ebook, you’ll see why Prechter argued deflation was likely, and why he was certain a monumental deflationary trend would unfold sooner rather than later.
Remember, deflation is extremely rare; it last happened in America almost 80 years ago. So, a forecast of deflation that proves accurate is a monumental feat – especially when all the “experts” disagree.
So if economists were unable — or worse, unwilling — to warn you in advance about the threat of deflation a few years ago, what are they not warning you about now?
It’s time you gave the deflationary scenario a serious look.
Bar Patterns in Stock Market Charts
Our friends at Elliott Wave International, the world’s largest market forecasting firm, have just updated their free report, How to Use Bar Patterns to Spot Trade Setups. With thousands of downloads, “Bar Patterns” has always been a huge hit with traders. But now it’s been packed with even more ways you can use common bar patterns to spot high-probability trading opportunities: 30 charts across 15 pages!
Don’t miss out on this opportunity to learn simple new ways to spot valuable trade setups in the charts you view every day.
The Personality of Stock Market Waves
Elliott waves don’t merely reflect prices plotted over time. Each wave
has its own “personality.” Listen to this video by EWI’s Wayne Gorman
to learn more about the psychology behind the waves and how it affects your
This video was taken from the free Club EWI video series: Learn the Why,
What and How of Elliott Wave Analysis. This 3-video series is a great way
to get started with the Wave Principle. You can get these videos free with
a Club EWI Membership.
Already a Club EWI member? Access
the video series Learn the Why, What and How of Elliott Wave Analysis here.
Hear tips on technical indicators and about how to improve your trading with Kennedy’s educational service.
August 08, 2012
By Elliott Wave International
There’s no shortage of actionable trading information out there, for every kind of trading style — countless newsletters, books, and websites to choose from.
But how do you know when to apply this information to your trades?
If you’re an experienced trader, you know that the answer to this “million dollar question” is elusive indeed.
Recently I had the pleasure of sitting down with EWI Senior Analyst Jeffrey Kennedy to find out how he empowers aspiring traders to make the best of their technical tools with his new educational service, Elliott Wave Junctures. Here’s a glimpse into what subscribers can learn:
What kinds of indicators do you use in your analysis, and how do you suggest that a new student approach non-EW tools?
I use the standard. I’d say that RSI would be my number one pick. Number two would be MACD and the MACD-histogram. I’m a big fan of Japanese Candlestick analysis. The Wave Principle is my canvas, and these other ancillary tools are my paints and my brushes.
I always will be an Elliottician, but these other technical tools have merit and are indeed worthwhile: they allow me to build a case, build a more confident reason for making a forecast and for taking a trade; making a trading decision
Please tell us a little about how you incorporate these ancillary tools in Elliott Wave Junctures.
The primary purpose of my new service is educational. I am able to share my knowledge; and the scope is not limited to teaching subscribers the Wave Principle. I’m able to discuss its application, in a real-time market environment, and to cover other forms of technical analysis. I get to teach different technical indicators and oscillators as well as some of the proprietary techniques that I’ve developed myself over the years.
The focus is on real-time, unfolding events; sometimes historical, but I keep it educational, relevant and timely. It’s not limited only to Elliott. It’s all-encompassing of the entire body of knowledge in technical analysis.
The primary focus is not just instruction, but application.
What sets your new Elliott Wave Junctures service apart from the other subscriptions?
Application is very important to me. It’s one thing if someone shows me a blank price chart, and then shows me the same chart, labeled “before-and-after,” that’s very static; it’s very black-and-white. It may be a good example of how to apply the Wave Principle, but there’s nothing exciting about it.
If I’m going to be able to empower my subscribers, which is what I’m passionate about, I want to teach them to do it for themselves. To do that, I need to show how the process unfolds; dynamic, proactive, absolutely.