By Elliott Wave International The question: Why use the Wave Principle when trading or investing? The answer: To avoid the herd that usually loses money in the markets. The explanation: Herding makes it difficult to follow the...
This just in from our friends over at Elliott Wave International, who today released a page-turner of report about a secret new tax on banks — and ultimately their customers. It’s something I thought I should share...
By Elliott Wave International When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify these patterns as...
By Elliott Wave International Editor’s note: You’ll find a text version of the story below the video. I was in the café of a bookstore recently and overheard a young man tell his friend, “It’s hard to...
By Elliott Wave International Saber-tooth tiger. Wooly mammoth. Japanese government issued bonds? Well it’s happened. After years of enduring an unrelenting bear market (marked by plunging yields and rising prices) — the long-battered Japanese government bond has...
By Elliott Wave International The winter season is a common metaphor for a bleak period in someone’s life: Borrowing a line from Shakespeare, John Steinbeck titled his final novel “The Winter of Our Discontent.” Nikolai Kondratieff used...
The USD/JPY pair initially tried to rally during the course of the session on Monday, but then turned back around to form a relatively negative candle. Ultimately, we did break out during the session on Friday, as...
The USD/CAD pair fell initially during the course of the session on Monday, but as you can see turned back around to form a hammer. The hammer of course suggests that the market is going to go...
The GBP/USD pair rose during the course of the session on Monday, as we continue to see quite a bit of volatility. However, the market has more than enough resistance above to keep this market going lower....
The EUR/USD pair went back and forth during the course of the session on Monday, showing that the market is essentially stuck at this point. However, we believe that the uptrend line that that previously held the...
