Janet Yellen Is Close to Making History in Two Ways

By Elliott Wave International

Janet Yellen just moved closer to her place in history when the Senate Banking Committee approved her nomination to lead the Federal Reserve. The full Senate is expected to confirm. If so, she will be the first chairwoman in the central bank's 100 year history.

But when her term concludes, gender may be secondary to the narrative about her time at the helm. The larger focus could be that Yellen was at the helm of economic disaster.

Here's what Robert Prechter said in the October Elliott Wave Theorist: Continue reading "Janet Yellen Is Close to Making History in Two Ways"

Spot High-Confidence Trading Opportunities Using Moving Averages

By Elliott Wave International

The moving average is a technical indicator which has stood the test of time. It's been 27 years since Robert Prechter described this vital tool in his famous essay, "What a Trader Really Needs to be Successful." What he said then remains true today: Continue reading "Spot High-Confidence Trading Opportunities Using Moving Averages"

How to Find Trading Opportunities in ANY Market Using Candlesticks (Video)

By: Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures educational service and is one of our most popular instructors. Jeffrey's primary analytical method is the Elliott Wave Principle, but he also uses several other technical tools to supplement his analysis. In today's lesson, Jeffrey shows you how to use candlestick patterns to identify opportunities.

You can apply these methods across any market and any time frame.

If you think you need years of experience to identify a high probability trade setup -- you're wrong. Continue reading "How to Find Trading Opportunities in ANY Market Using Candlesticks (Video)"

Deflationary Forces Stymie the Fed's Economic Rescue Efforts

By Elliott Wave International

The Federal Reserve's efforts to rescue the economy have been historically aggressive, starting with the initial round of quantitative easing in 2008 and continuing through 2013.

The central bank's assets have skyrocketed due to the Fed's bond purchases, which you can see clearly in this eye-opening report that Robert Prechter presented to the Market Technicians Association and his Elliott Wave Theorist subscribers.

Editor’s Note: Visit Elliott Wave International to download the rest of the 8-page, free report, How to Protect Your Money When the U.S. Debt Bill Comes Due.

Continue reading "Deflationary Forces Stymie the Fed's Economic Rescue Efforts"

Learn to Spot a Head & Shoulders Pattern in Your Charts

By Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures trader education service and one of our most popular instructors. Jeffrey's primary analytical method is the Elliott Wave Principle, but he also uses several other technical tools to supplement his analysis.

You can apply these methods across any market and any time-frame. Enjoy this lesson and then find out how you can get additional trading lessons from Elliott Wave International.

My primary tool as a technical analyst is, of course, the Wave Principle. Even so, I find great value in other forms of technical analysis, such as candlesticks and indicators. With this in mind, let's review one of my favorite old-school chart patterns -- Head-and-Shoulders. Continue reading "Learn to Spot a Head & Shoulders Pattern in Your Charts"