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Impulses, Corrections, And An Explosive Rally For One Major Market

by Nico Isaac
11/17/2009 1:15:00 PM
Today we are going back to the basics and reviewing the two modes of Elliott wave developement: the impulsive (or "motive") and corrective pattern. Learn to tell these two forms apart, and the rest is a "walk" in the technical "park."
Filed Under: Commodities, impulse, correction, third wave
Category: Commodities


Wave Analysis: It's All About Fives and Threes
Elliott wave is a highly visual method.

by Vadim Pokhlebkin
4/22/2009 4:45:00 PM

At some point after reading the basics of the Elliott Wave Principle, any beginner says to him or herself that it’s time to try and count some waves. And that’s where things get interesting. The first question you’ll probably ask yourself is, where do I start?

Filed Under: elliott wave, impulse, correction
Category: Stocks


Fear-Based Trading
Even in the toughest markets, Elliott wave analysis gives you a distinct advantage.

by Bill Fox, Senior Bonds Analyst
9/11/2008 8:30:00 AM

Corrective Elliott wave patterns – that is, waves 2 and 4 – often have overlapping, jittery internal wave subdivisions are notoriously difficult to count. Forecasting their termination points is just as hard. However, even during the toughest market corrections, the Elliott Wave Principle gives you a distinct advantage. Here's how...

Filed Under: U.S. 30-year Treasury Bond, correction, garbage in garbage out
Category: Interest Rates


Elliott Wave: Narrow Down Your Options
Weigh all the probabilities and eliminate the weakest ones – until the strongest one emerges.

by Vadim Pokhlebkin
8/6/2008 9:00:00 PM

Fact: you never know for sure what kind of Elliott wave structure you're dealing with until it's complete. That's a sobering fact for many Elliott wave beginners. They often expect to count perfect five and three-wave structures in charts all the way down to milliseconds. But you just can't. For one, it has to do with the limitations of your data feed. But even if your data were perfect, some ambiguity with real-time wave counts would still remain. Here's how you handle that...

Filed Under: s&p futures, fibonacci, correction
Category: Stocks


Cotton Futures: Simple Does The Trick
Simply giving your charts a quick visual evaluation can go a long way in your forecasting.

by Vadim Pokhlebkin
6/16/2008 11:00:00 PM

Just like most with technical analysis methods, you can spend days coming up with different ways of applying Elliott wave analysis in your trading – or you can try and keep it simple. Personally, I much prefer simple. Trading is complicated enough.

Filed Under: cotton futures, technical analysis, impulse, correction
Category: Commodities


Silver Standard Resources (SSRI): Clear, Unmistakable Opportunity
Does Elliott wave analysis work stock by stock?

by Vadim Pokhlebkin
5/1/2008 5:15:00 PM
One of the most frequent questions Elliott Wave International's readers ask is this: "Can I apply Elliott wave analysis to individual stocks?" The short answer is – yes, but with one caveat: sufficient investor participation. Let's look at one example: Silver Standard Resources (NASDAQ: SSRI), a small cap stock.
Filed Under: Silver Standard Resources (SSRI), trendlines, correction, opportunity
Category: Stocks


Soybean Meal: You Don't Want To Miss Next Wave
How do you know WHERE a wave 2 correction may end and give way to wave 3, the most powerful wave?

by Vadim Pokhlebkin
4/9/2008 6:00:00 PM

By applying this rule of Elliott in your trading, you always know the exact price point where your "wave two" is no longer a wave two. Which means that you always know the exact price point where to place your stop-loss – a cornerstone of proper risk management.

Filed Under: soybean meal, three tules of elliott, futures, correction, bob prechter
Category: Commodities


Futures: Learn To Recognize Complex Corrections
What IS a complex correction, in Elliott wave terms?

by Vadim Pokhlebkin
4/8/2008 4:30:00 PM

Here’s a quick pop quiz for you. Name the two types of Elliott wave corrective formations in these charts. These are the most basic and common corrective patterns in Elliott wave analysis...

Filed Under: zigzag, flat, correction, futures
Category: Commodities


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.