How to Find Trading Opportunities in ANY Market

Learn ways to spot trading opportunities using wave analysis and other technical analysis methods

By: Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures 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.

In this trading lesson, Jeffrey demonstrates how to determine when an Elliott wave trade setup becomes a trade.

You can apply these methods across any market and timeframe. Continue reading "How to Find Trading Opportunities in ANY Market"

Deflation Will Take the Majority by Surprise

By Elliott Wave International

The last thing on the minds of most people is deflation. It's easy enough to determine that with a quick quiz -- and that quiz is found in the just-published Elliott Wave Theorist.

In this July-August Theorist, Robert Prechter uses Google searches to make a point about deflation:

"When I typed 'Inflation for 2013,' there were 47,700 results. On March 13th, when I put this slide together, I also typed in "Deflation for 2013." How many results do you think I got?"

Prechter reveals that the answer is 5. (You could have googled it yourself, but we don't want you to have to take the time.) He then goes on to search other phrases pertaining to deflation and inflation, which you can learn more about via a risk-free read of the Theorist. Just know that the number of Google searches for "Deflation for 2013" was nowhere near the number of searches for "Inflation for 2013." Continue reading "Deflation Will Take the Majority by Surprise"

The 3 Essential Parts of an Elliott Wave Trade - Part 3

By Elliott Wave International

Would you like to improve your ability to trade -- not only with a clear understanding of the Elliott Wave Principle, but also by learning how and when to act on your wave count?

According to Senior Analyst Jeffrey Kennedy, there are the three key components of a successful trade.

In this final lesson -- adapted from the Visual Guide to Elliott Wave Trading, a No.1 Bestseller on Amazon -- Kennedy explains his third step for a high-confidence trade setup in Caterpillar: Manage the Trade (You can read Parts 1 and 2 by clicking below): Continue reading "The 3 Essential Parts of an Elliott Wave Trade - Part 3"

The 3 Essential Parts of an Elliott Wave Trade - Part 2

By Elliott Wave International

Three steps may sound simple enough. Yet if you have any experience trading, you know that nothing about trading is easy. Education is imperative. So is preparation.

Senior Analyst Jeffrey Kennedy knows that it takes skill, discipline and courage to execute a successful trade. His new book, Visual Guide to Elliott Wave Trading (coauthored with Wayne Gorman), picks up where Frost and Prechter's classic textbook Elliott Wave Principle leaves off: It gives you the perfect blend of traditional textbook analysis and real-world application.

According to Kennedy, there are three key components of a successful trade: Continue reading "The 3 Essential Parts of an Elliott Wave Trade - Part 2"

The 3 Essential Parts of an Elliott Wave Trade - Part 1

By Elliott Wave International

When it comes to improving your wave-based analysis and technical trades, three steps may sound simple enough. Yet if you have any experience trading, you know that nothing about trading is easy.

Senior Analyst Jeffrey Kennedy knows that it takes skill, discipline and courage to execute a successful trade. In the new book he has coauthored with EWI's Wayne Gorman  Visual Guide to Elliott Wave Trading, he picks up where Frost and Prechter's classic textbook Elliott Wave Principle leaves off to give you the perfect blend of traditional textbook analysis and real-world application.

According to Kennedy, there are three key components of a successful trade:

  • Analyze the price charts.
  • Formulate a trading plan.
  • Manage the trade.

In this excerpt (Part 1 of 3), Kennedy examines a high-confidence trade setup in Caterpillar (CAT).

Part One: Analyze the Price Charts Continue reading "The 3 Essential Parts of an Elliott Wave Trade - Part 1"