Commentaries from Elliott Wave International

Free Elliott Wave Tutorial

Check out Free Elliott Wave Tutorial and other recommended courses at this page or directly at Elliott Wave International website.

MarketWatch: The Race to the Bottom 4/19/2007 5:01:40 PM " U.S. automakers may be heaving a sigh of relief today, even as climate scientists groan at hearing the good news/bad news report that Iraq may be sitting on double the oil reserves previously estimated. I won't speculate on what politicians are thinking, but it's a safe bet that many will expect this news to affect oil prices. But since production of Iraq's possible newfound oil will probably require at least five years, and there are much bigger social forces at work, it's a good time to consider more than just gas prices. We need to consider greenhouse gas prices, and what they mean. Read on...Read More Stock Markets: Tracing Out a Top 4/13/2007 3:53:18 PM " Bear markets are what they are. If someone objects to what the market is, the he is arguing with nature and the reality of markets. 'Less predictable' does not mean impossible, indecipherable, disorderly or random, either. Read More Forex: Not a Bull Among Them 4/18/2007 5:30:47 PM " While it's safe to say that the absolute majority of currency traders are trend followers, some are not. That group, likely a small minority, doesn't like to run with the crowd -- they like to run against it. They call themselves contrarians and believe that, paradoxically, the best time to buy a market is when everyone has sold it, and the best time to sell is when everyone has loaded up. Today, one market that commands contrarians' attention is the U.S. Dollar Index. Here's why...~Read More Futures: FLAT-tery Will Get You Everywhere 4/19/2007 5:09:09 PM " When it comes to the world of Elliott wave analysis, one of the most captivating corrective patterns of all is called a 'Flat.' Flats are a group of corrective wave patterns that are especially common in commodity markets. They are simple three wave patterns labeled A-B-C. In all, there are THREE different variations of the Flat pattern. Most importantly, flats virtually always precede OR follow an extension of a market move. For example, check out this real-time labeled price chart of a major Softs commodity market...~Read More Emerging Markets: B.R.I.C. House 4/11/2007 1:00:56 PM " Use the countries for which these markets arise, however, and you've got B.R.I.C. (Brazil, Russia, India, and China) It's catchy. It's clever. It slips nicely into cocktail conversation and brainy punch lines: 'What material is the global economy made out of?' --- BRIC. According to the 'experts,' though, the matter is far from a joke, as inflows into B.R.I.C. markets have truly become the heavy-duty rebar holding the global bull-ding up. On this, these recent statistics say plenty....Read More Homebuilders: A Tale of Two Stocks 4/20/2007 10:44:53 AM " Anyone who recommends homebuilders' stocks at a time when the subprime mortgage crisis threatens to leave over 2 million American families homeless and 'cost American households as much as $164 billion in lost equity from 1998 through 2006' must be joking, right? So you can imagine my surprise when on April 12, Elliott Wave International's own Prime Stocks Flash identified two homebuilder stocks as worthy targets. The reason was that the weekly charts of both of these homebuilders were showing very similar wave patterns; here's the chart of one of them...Read More Free Club EWI Report: How to Use Bar Patterns to Spot Trade Setups...Download Now!

	The Real State of Real Estate Read this six-part series about the cycle and psychology of the housing bubble, from EWI commentator Susan Barretta. Her analysis is full of clear thinking, well-done research, and intelligent insights. (The absence of these qualities led to the growing housing crisis, as you'll see.)
	Learn How the Wave Principle Can Improve Your Trading EWI Senior Analyst Jeffrey Kennedy shows you how the Wave Principle kicks in to show high probability price targets where traditional technical studies fall short. Includes a lesson on how to make better use of protective stops.
	EWI Crash Course Video Series Time and again, we see that what financial news writers call causes, really aren't causes at all. Steer clear of this misguided forecasting. Take part in the Elliott Wave Crash Course to learn the Why, What and How of the Elliott Wave Principle.
	Download the Independent Investor eBook, FREE! This 75-page eBook will stand conventional investment notions on their collective head, and explain market behaviors that have always been considered "inexplicable" using hard facts and generous price charts.
	How to Use Bar Patterns to Spot Trade Setups How to Use Bar Patterns to Spot Trade Setups is a free report with 13 instructional charts that show you how to take advantage of specific trading patterns such as the Double Inside Day, the Arrow, and the Popgun.

What is Elliott Wave Principle?

The Elliott Wave Principle is a detailed description of how groups of people behave. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns.

One of the easiest places to see this phenomenon at work is in the financial markets, where changing investor psychology is recorded in the form of price movements. If you can identify repeating patterns in prices, and figure out where in those repeating patterns we are today, then you can predict where we are going in the future.

The Elliott Wave Principle is named for its discoverer, Ralph Nelson Elliott. Mr. Elliott completed the bulk of his work on the Elliott Wave Principle in the 1930s and 1940s.

About Elliott Wave International

Founded in 1979 by Robert R. Prechter Jr., Elliott Wave International is one of the world's largest providers of market research and technical analysis. Its staff of full-time analysts provides global market analysis via electronic on-line services to institutional investors 24 hours a day. Elliott Wave International also provides educational services that include periodic conferences, intensive workshops, video tapes, special reports and books.

Forge drives International Forex Trading for FXYard

ForexYard , a leading independent Foreign Exchange trading platform with an existing Share-A-Sale program has selected ForgeBusiness Outsourced Affiliate Management team to power their Affiliate Channel.

Aside from offering $200 for a new account, FXYard is charting new waters in Foreign Exchange dealing by offering a Stop-Loss facility to its traders. Perfect for newbie online forex traders like me!

For those not familiar with day-trading, a Stop-Loss is a predetermined level that traders can set at which to ‘close’ their positions (or sell their stock) should the trade go pear shaped! For example, you can set your stop-loss at 10%. Should your position weaken by 10% the system would automatically close your trading position! No more sleepless nights sitting in front of your PC waiting for the markets to turn favourably. If you’ve ever read ‘Memoirs of a Day Trader’ you’ll know that it’s the most gruelling part of any traders life – when losses get to deep to cut!

Now, I’m always eager to test out new clients, so I opened a trading account and was impressed by the daily analysis and trading education sent me. Everybody that opens an account gets automatic access to Online Trading Education and their call center is just a call away!

We’ll be launching CJ & OfferForge programs in the next week to compliment the SAS program. With an acquisition offer in the US$200 per new account range it’s guaranteed to stir up the market!

For more information visit http://www.forexaffiliateprograms.net/

Forex and You

Forex, the global spot foreign currency market, is the world’s oldest, most liquid and largest financial market, with about $ US 2.2 trillion traded daily by corporations, financial institutions and private investors. Large institutions have traditionally dominated Forex, with about 850 institutional trading floors around the world. Forex offers huge financial returns and has, until recently, been inaccessible to most individual traders.

Through efficiencies created by the Internet, the retail forex market has emerged and is gaining strong momentum. Thousands of individual traders, like you, enter the market every day. Individuals now have an opportunity to trade and profit from the currency market, just like Forex traders at the world’s major financial institutions! We are at the dawn of a democratized global currency trading marketplace!

Although the Market seems perfect, the benefits of this Market historically could and have only been realized by a few select participants. Unfortunately, something is very, very wrong.

The current market consists of three levels, where “price makers” (dealers) from the top financial institutions offer two-sided pricing to “price takers” (traders) of the lower tiers. The first and second tiers have access to all the prices offered in the Market, while the third tier has “ILLUSIONARY” access. This third tier consists of the “retail” participants: the general public. We, the individual traders have limited resources, which restrict our ability to obtain primary dealing sources. This, in turn, makes it very difficult for us to make the kind of profits that are available to the participants at the higher tiers. This one-on-one “price maker” to “price taker” relationship allows dealers to “lean” prices according to their views and knowledge of their clients’ current positions, thereby making huge profits and limiting their clients’ profitability.

The principal disadvantage of retail online Forex is not being part of a networked community and the loss of personal contact. There are thousands of us, individual traders stranded out there. We are a significant market force to be reckoned with, based on our size and potential buying power alone. IFXTAG is committed to harnessing that potential to make electronic trading work for our global community of subscribers.