Fibonacci: From A Buzzword To Real-Life Application
From the proportions of our DNA strand to our galaxy, the Fibonacci ratio defines the natural progression of growth and decay.

Technical analysts, in recent years, have elevated “Fibonacci” to the level of a buzzword. Despite this unfortunate fact, in skilled hands, Fibonacci ratios can prove extremely handy when you're calculating a market retracement or price target. The most popular of these ratios are the .618 and 1.618. But here's a new twist on the old Fibonacci technique -- "Reverse Fibonacci"...

Coffee, Soybeans: Two Lessons With a Message
Commodity bubble may have burst, but opportunities are still here.

Once again, I sit down to talk with Jeffrey Kennedy, Elliott Wave International's Senior Commodity Analyst and editor of our Futures Junctures Service. -- Jeffrey, the ongoing credit contraction – a.k.a. liquidity crisis – has not spared commodities. Just glancing at the long-term charts you show in the Wave Watch section of your October Monthly Futures Junctures, I see that prices of markets like coffee, corn, wheat or soybeans that were flying high just months ago, are down hard – and I mean, hard! -- Jeffrey Kennedy: Yes, while some commodities have suffered less, corn prices, for example, got cut in half since June...

European Stocks: The Dance Of The Fearful
Bear markets can destroy very quickly what took years to build.

Bear markets can destroy very quickly what took years to build. They are fast because they are driven by fear, and fear is stronger than greed, the bull market catalyst. This is what Tom Denham, Elliott Wave International Senior European Equity Analyst, says about this cycle in the opening paragraph of his current, October European Financial Forecast...

Currency Traders: Free Elliott Wave Forecasts, 36 Hrs Left
Has the U.S. Dollar bottomed for good? Here's your chance to find out FREE.

How are Wave Analysis, Dow Theory and Fibonacci Related?

To begin to understand the Elliott Wave Principle, it's a good idea to get to know how R. N. Elliott discovered it. Read Bob Prechter explaining how it all began.

The Best Time To Read Prechter’s Perspective Is Right NOW

For those interested in seeing how the Wave Principle enabled Bob to anticipate the current wave of economic turmoil befalling the United States, Prechter’s Perspective outlines the following forecasts:

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

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...

Get Ready To Celebrate Phi Day With Us on 6.18

This year, once again, we're celebrating Phi Day on its numerical representation, which is .618 or June 18, and we ask you to join with us to start spreading the word.

Study: Fibonacci, the Declaration of Independence and Equality

In June, The Elliott Wave Theorist published a study called “Fibonacci Regulates the Occurrence of Landmark Political-Equality Events.” It showed the importance of Fibonacci time durations in the establishment of political rights for African-Americans and women.

VIDEO: Learn To Set Price Targets With Fibonacci
"I really think the wave principle is the most useful technique in FX trading."

In the video you are about to see, Elliott Wave International's Senior Currency Strategist uses a chart of the euro-Swiss frank currency pair. In mid-March, the EUR/CHF stopped falling and staged a powerful rally. This video was recorded on March 6, several days before the rally began. So, not only is this a great lesson on using Fibonacci ratios to set price targets – it's a great forecast, too. Just watch.

6 Ways Elliott Wave Helps You Trade Better
Learning Elliott wave analysis may be a challenge, but it's well worth it.

Soybeans: Staying Ahead
An example of how technical analysis can keep you aware of the trend long before the mainstream.

One of the main contentions we have with mainstream financial analysis is its tendency to show up late for a market’s trend. Take, for example, the April 2 news stories regarding the steep drop in Soybean prices to a four-month low. 

Futures: Five Steps Forward…
Markets rarely move in straight line. Here's an Elliott wave take on how they do it.

Markets don't move in straight line or at a steady speed. Prices travel quick and far in waves 1, 3 and 3 (especially wave 3) and it takes prices a long time to travel even a short distance in corrective waves 2 and 4.

Coffee Futures: Opportunity Heats Up
Elliott Wave International describes inconsistencies between the recent supply stories about Coffee and its subsequent price action.

Rule number ONE of conventional economics states: Commodity prices are driven by changes in supply and demand. When it comes to the real world, however, financial markets DO NOT always play by said rule. Take, for instance, the March 13 news items regarding the number of Coffee plants expected to reach fruition.