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Raising The BAR: Bar Patterns & Trading Opportunities
How a 3-in-1 formation in cotton "triggered" the January selloff,  By Nico Isaac

For Elliott Wave International's chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE-- and no, we're not talking business casual versus sporty chic. Trading "style," as in any of the following: top/bottom picker, strictly technical, cyclical, or pattern watcher. Read more.

Blaming "Market Manipulators" For Losses is a Huge Obstacle to Success
To win, you must accept the fact that losses are part of the game.

After winning the U.S. Trading Championship, Robert Prechter published a Special Report titled, "What A Trader Really Needs To Be Successfulv and gave important 5 tips to would-be market speculators. You can read them now, free (details inside) -- but here's Bob's fourth point... Read more.

Why Economic Forecasts Often Fail
Linear thinking often utterly misses the mark in financial forecasting.

When it comes to your money, pay attention to the pitfalls of linear thinking. The markets of today may not resemble the markets of tomorrow. Keep in mind the concept of dramatic change. This cannot be over-emphasized and bears repeating: Major change is not an occasional occurrence throughout history; paradoxically, it's the only constant. Read more.

Market Myths Exposed: Inflation Is Not A Threat, Deflation Is
Our free eBook reveals the 10 most common financial misconceptions

Most people are confident they can recognize a myth when they hear one: Wearing a hat causes baldness; eating a bunch of carrots gives you perfect vision; 'light' cigarettes are better for your health than the regular kind. But what about this sentence: Inflation is the number one threat to the US economy? Myth? You betcha. Read more.

How Might Gold, Silver and T-bonds Behave in a Bear Market?
Can precious metals and U.S. Treasury bonds fall together? You bet.

Can you imagine a scenario under which precious metal and Treasury bond prices would fall together? Most people would think such an event would be impossible. Yet look at this chart and realize that gold and T-bonds have been going up together for an entire decade... Read more.

What You Can Learn From a Multi-Millionaire Who Understood Market Psychology

If a man who made multiple millions in the market believed in the power of mass psychology, you too may find it rewarding to discover the patterns of mass psychology which are developing this very moment. Read more.

Understanding the Fed -- Not Just the Myths About the Fed

If you would like to understand more about how the U.S. Federal Reserve works, you can spend time on its website -- or you can get the real story. Elliott Wave International has collected eight of Robert Prechter's most trenchant articles about what the Fed actually does. He takes on the misleading myths about the Fed and explains what's really going on as he writes about these topics. Read more.

You Still Believe The Fed Can Stop Deflation?
Recent history proves that the Fed's "control" is just an illusion. Think back to the fall of 2007. The deflationary "liquidity crunch" that over the next year-and-a-half cuts the DJIA in half, decimates commodities, real estate and world markets is only starting. Almost no one believes that the crash is coming -- to a large degree, because everyone is convinced that the U.S. Federal Reserve Bank, with Ben Bernanke at the helm, will never allow deflation to happen: It can just print money! Well, take a look at these two charts EWI's president Robert Prechter's published in October 2007. Read more.

The Wave Principle: Where The Rubber Hits The Road
Elliott wave analysis saw corn's biggest moves coming  By Nico Isaac

You could be to technical analysis what tweens are to texting, and it wouldn't make a lick of difference: You still wouldn't necessarily be trading at your fullest potential. The reason being: Without Elliott wave in your technical analysis toolbox, it's like looking at the world of opportunity through a narrow keyhole and ultimately missing the big picture. The Wave Principle can help you unlock that door. Read more.

Your Cheatin' Chart Will Tell On You
How the Dow Has Really Performed When Measured in Real Money (Gold)

Hank Williams may not have known about Elliott waves, but he did know when a story doesn't add up. Such is the case with the nominal rise of the Dow Jones Industrials from 2000 to 2007. In the language of country music, this stock index has a "Cheatin' Chart" -- it doesn't tell the real story. Read more.

Fibonacci Techniques for Math Geeks -- and Everyone Else, Too

It's hard to imagine a wrong way to apply Fibonacci ratios or multiples to financial markets, and new ways are being tested every day

Gold:Best Supporting Role In Economic Downturns? Think Again

Everywhere you look, from the Red Carpet to Wall Street, gold is definitely in "fashion." As for why, one word comes to mind: safe-haven. See, according to the mainstream financial experts, the more unstable the global economy, the greater the appeal for the precious metal. These two charts from EWI President Bob Prechter offer another perspective

The Stock Market Is Patterned -- Here's Proof

Understanding how the market progresses at all degrees of trend gives you an invaluable perspective. No longer do you have to sift through the latest economic data as if they were tea leaves. You gain a condensed view of the whole panorama of essential trends in human social mood and activity, as far back as the data can take you

The Most Dangerous Gold & Silver Myths

Right now, the gold BULL-ion bandwagon is more crowded than a New York subway train during rush hour. But before you squeeze your way into the crowd of passengers, you should know one thing: Those steering the course are using outdated maps based on ill-conceived notions and illusory hopes

Take Time from March Madness for 2010's Most Important Investment Report

You want to know whether to prepare for inflation or deflation? This report, with its 22 examples and 13 charts, will answer your questions.

What To Do With Your Pension Plan

There is no question that Robert Prechter’s Conquer the Crash foresaw and explained nearly every chapter of today's financial crisis, years before it happened. Enjoy your 8 free chapters from the book with this free Club EWI report; here's an excerpt from chapter 23, "What To Do With Your Pension Plan." Note especially the last two paragraphs.

What Can Movies Tell You About the Stock Market?
By Editorial Staff
Whether horror films win Academy Awards or not, they tell an interesting story about mass psychology. Research at Elliott Wave International shows that horror films proliferate during bear markets, whereas upbeat, sweet-natured Disney movies show up during bull markets

How Safe Is Your Bank, Really?

So far in 2010, the number of US bank failures has reached 25, a rate of two per week. This compares to 25 total bank failures for ALL of 2008, and three for 2007. Yet -- no matter how grave the data gets, few people imagine the corporate banking crisis trickling down to average Joe or Jane and their lollipop-dispensing drive-through bank tellers.

Paper Trading Is NOT What Will Teach You To Trade
Paper trading is only useful for the testing of your methodology. "Some people advocate 'paper trading' as a learning tool. Paper trading is useful for the testing of methodology, but it is of no value in learning about trading. In fact, it can be detrimental, by imbuing the novice with a false sense of security in 'knowing' that he has successfully paper traded the past six months, thus believing that the next six months with real money will be no different. Nothing could be further from the truth. Why?" Elliott Wave International's president Robert Prechter explains more in this important FREE report.

Gold: Best Supporting Role In Economic Downturns? Think Again
Gold's safe-haven status is based on hype, not history
By Nico Isaac

Everywhere you look, from the Red Carpet to Wall Street, gold is definitely in "fashion." As for why, one word comes to mind: safe-haven. See, according to the mainstream financial experts, the more unstable the global economy, the greater the appeal for the precious metal. These two charts from EWI President Bob Prechter offer another perspective

Learn Elliott Wave Analysis -- Free
Often, basics is all you need to know.
By Editorial Staff

Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it. The Wave Principle is not primarily a forecasting tool; it is a detailed description of how markets behave. The progression of mass emotions from pessimism to optimism and back again tends to follow a similar path each time around. Read more.

What Does NOT Move Markets? Examining 8 Claims of Market Efficiency
By Susan Walker

Economists love to talk about exogenous shocks -- events outside of the financial system that cause markets to move. But what if it's just talk and not real at all? Read more.

Surviving Deflation: First, Understand It
Deflation is more than just "falling prices." Robert Prechter explains why.
By Editorial Staff

The most common misunderstanding about inflation and deflation -- echoed even by some renowned economists -- is the idea that inflation is rising prices and deflation is falling prices. General price changes, though, are simply effects. Effects of what? Keep reading to find out.

Use Bar Chart Patterns To Spot Trade Setups
How a 3-in-1 chart formation in cotton foresaw the January selloff
By Nico Isaac

For Elliott Wave International's chief commodity analyst Jeffrey Kennedy, the single most important thing for a trader to have is STYLE-- and no, we're not talking business casual versus sporty chic. Trading "style," as in any of the following: top/bottom picker, strictly technical, cyclical, or pattern watcher. Jeffrey himself is, and always has been, a "trend" trader .

More Credit Default Swaps Means Trouble for European Debt -->
By Editorial Staff

Government debt is no longer just a problem for emerging countries. Portugal, Spain, France and Greece (as we have seen in recent weeks) are living in fear of credit default. Consequently, the value of their credit default swaps is skyrocketing.

Same Day. Same Event. Same Market. Different Story!
"There is no group more subjective than conventional analysts." -- Robert Prechter.
By Vadim Pokhlebkin

Elliott wave analysts sometimes hear the criticism that patterns in market charts can be "open to interpretation." Does that happen? Absolutely. (Although, there are tools an Elliottician can always employ to firm up the wave count.) But here's the real question: What's the alternative? Here's Bob Prechter's take on it.

What Chinese Malls Tell Us about the Economic Reality -->
By Editorial Staff

Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall "The Place" demonstrates the contrast between investor hope and economic reality. Read More

How Elliott Wave Principle Can Improve Your Trading
The Wave Principle identifies trend, countertrend, maturity of a trend -- and more.
By Editorial Staff

Every trader and analyst has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show you high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore. Here's how...

Europe's Return to Risky Investment
By Editorial Staff

Over 100 banks are opening soon, buying junk bonds is gaining popularity and emerging markets are the trendy investment. Sound familiar? Europe appears to be returning to some bad investment habits. Read More

Bob Prechter Points Out The Many Signs Of Deflation
Yes, You Heard Us Right
By Nico Isaac

Everywhere you look, the mainstream financial experts are pinning on their "WIN 2" buttons in a show of solidarity against what they see as the number one threat to the U.S. economy: Whip Inflation Now. There's just one problem: They're primed to fight the wrong enemy. In a special, expanded November 19, 2009 Elliott Wave Theorist, Bob Prechter uncovered the "Continuing and Looming Deflationary Forces" underway right now. Read More

11 Commonplace Market Views: True or Myth?
By Susan C. Walker

Do you believe that earnings drive stock prices and that it's enough to simply beat the market? Better think again, once you read how Elliott Wave International debunks these market myths. Read More

Robert Prechter on Herding and Markets' "Irony and Paradox"
To anyone new to socionomics, the stock market is saturated with paradox.
By Editorial Staff

Have you ever watched a dog interact with its owner? The dog repeatedly looks at the owner, taking cues constantly. The owner is the leader, and the dog is a pack animal alert for every cue of what the owner wants it to do. Participants in the stock market are doing something similar. They constantly watch their fellows, alert for every clue of what they will do next. The difference is that there is no leader. The crowd is the perceived leader, but it comprises nothing but followers. When there is no leader to set the course, the herd cues only off itself, making the mood of the herd the only factor directing its actions. Read More

Bob Prechter's "Conquer The Crash": Eight Chapters For Free -->
By Nico Isaac

When EWI President Robert Prechter sat down to write the first edition of "Conquer The Crash" in 2002, the idea that the United States would enter a period of what news authorities coined "economic Armageddon" several years later was unheard of. Anticipating the "sea change" that would come in the economic, political, and social landscape is the unparalleled achievement of Prechter's best-selling book. Read More

U.S. Stocks: Will The Bears Relinquish Control? -->
By Nico Isaac

In case you were hiding out Tiger Woods' style far away from the mainstream media over last month, let me be the first to say: January saw an abrupt end to the US stock market's record-setting winning streak. Last count, the Dow Jones Industrial Average plummeted 4% in its worst monthly loss in a full year. Read More

EUR/USD: What Moves You?
It's not the news that creates forex market trends -- it's how traders interpret the news.
By Vadim Pokhlebkin

What moves currency markets? "The news" is how most forex traders would undoubtedly answer. Economic, political, you name it -- events around the world are almost universally believed to shape trends in currencies. Today's (Jan. 14) new story, for example, is high up on the roster of events that supposedly have a major impact on the euro-dollar exchange rate. But let's take a closer look at it. Read More

Bernanke's Burn Notice -- Why Now? Research Reveals Insight Into Fed Chairman's Popularity
By Elliott Wave International

Like a spy who gets a burn notice (as depicted in USA Network's hit series, Burn Notice), suddenly he lost his support. No one trusts him anymore. Why the sudden turnaround in his fortunes? Read More

New Year: New Economic Boom? Why 2010 Should Be One to Remember

By Nico Isaac

In the realm of market psychology, there's a big difference between optimism and extreme optimism. The first is seeing the glass half full. The second is seeing the glass half full deep in the heart of a bone-dry desert. In finance, it's what we call "Buying the Dip" mentality -- when all outcomes, even losses, are cause for celebration. Read More

Why You Should Care About DJIA Priced in Gold
By Vadim Pokhlebkin

Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold -- "the real money," as EWI's president Robert Prechter calls it... Read More