Dear Trader, (This is ALL NEW for 2011.) If you’ve ever “day traded” Forex, please pay attention, because I just discovered a “flaw” in the Forex markets that could make traditional day…
Category: Educational Material
educational material
EUR/USD: Falling on “Risk Aversion”? Let’s Look at the Timeline First
It’s not the “bad news” from Europe that has been pushing the euro lower May 19, 2011 By Elliott Wave International From the May 4 top near $1.4950, the EUR/USD (the euro-dollar…
Download 14 Critical Lessons Every Trader Should Know
Dear Trader, You know how difficult it can be to successfully trade the markets. And although the volatility that we’re seeing lately offers great opportunities, it can also add to a trader’s…
How To Use Fibonacci Ratios in the Real World
By Elliott Wave International What tools help you with the difficult task of identifying the market trend, riding it, and getting out before it reverses? Consider Fibonacci ratios: Mathematical proportions by which…
Big Advantages of Trading with the Wave Principle
By Elliott Wave International What advantages does the Wave Principle offer to traders? Here’s one of the big advantages of using the Wave Principle when trading: you can increase your understanding of…
Identifying trend in currency pairs
With the vast market that makes up Forex trading, many dealers adopt their own tried and tested strategy before starting to deal. There are many different approaches but the one thing in…
How a Simple Line Can Improve Your Trading Success
Elliott Wave International’s Jeffrey Kennedy explains many ways to use this basic tool By Elliott Wave International The following trading lesson has been adapted from Jeffrey Kennedy’s eBook, Trading the Line –…
Basic Wave Patterns: How a Zigzag Differs from a Flat
By Elliott Wave International The big picture for Elliott wave analysis is five-wave patterns followed by three-wave patterns. Let’s look at the three-wave corrections more closely to get a bead on how…