Elliott wave analysis comes down to this The ability to identify patterns in price charts. If you can do that, you can do Elliott. Sometimes it's easy, sometimes not so much -- but because there are only 13 known Elliott wave patterns, you can train yourself to find them fairly quickly in most situations. With that in mind, let's take a look at the recent price action in crude. http://www.techtradersystem.com/articles/Crude-Oil-From-Above-$100-Down-to-$91-in-Ten-Days-5072.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5072 Trying to anticipate the long-term direction in oil prices based on a series of unknown, external variables is like trying to toss a straight arrow in the middle of a hurricane. It's doubtful you'd actually hit the bulls eye. We here at Elliott Wave International believe that with Elliott analysis, you stand a better shot. http://www.techtradersystem.com/articles/Tackling-the-Daunting-Task-of-Staying-On-Crude-Oils-Track-5104.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5104 Lots of recent news stories discuss the euro's plight -- but you didn't come here for the news. You came here looking for an Elliott wave insight into the crisis. You should know that although wave analysis is a contrarian method, there is one point in the Elliott wave pattern when the Elliott wave perspective matches that of the mainstream. It's called "the point of recognition"... http://www.techtradersystem.com/articles/The-Euro-Down-Down-Down-5070.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5070 Why focus on Japan, Vietnam and China in the weeks ahead, you ask? Editor Mark Galasiewski shows you the answer on the first few pages of the June iAsian-Pacific Financial Forecast/i -- namely, the Elliott wave pattern in these countries' respective stock indexes. There is more...   http://www.techtradersystem.com/articles/Focus-on-Japan-Vietnam-and-China-5063.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5063 Stock markets, for instance, are often like Volvos purring along with smooth, steady dependability. Commodities are like Vipers peeling rubber from 0 to 60 in 4 seconds and curve-hugging along the way. But when you put the Wave Principle "behind the wheel" of stocks, commodities or any other liquid, freely-traded financial market, it surpasses other traditional forms of technical analysis. http://www.techtradersystem.com/articles/When-Is-The-Trend-No-Longer-Your-Friend-Elliott-Wave-Analysis-Can-Help-5061.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5061 Elliott waves don't merely reflect prices plotted over time. Each wave has its own "personality." Listen to this video by EWI's Wayne Gorman to learn more about the psychology behind the waves and how it affects your investment decisions. http://www.techtradersystem.com/articles/Video-The-Personality-of-Stock-Market-Waves-5129.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5129 How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets. http://www.techtradersystem.com/articles/Video-When-Is-The-Right-Time-To-Exit-a-Good-Trade-5125.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5125 Elliott Wave International's emEuropean Financial Forecast /emEditor Brian Whitmer has been one step ahead of the European debt crisis, and each month he gives you big-picture analysis you won't find from mainstream experts on either side of the pond. http://www.techtradersystem.com/articles/European-Union-at-the-Crossroads-Whats-Next-5067.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5067 Recognizable patterns unfold in the financial markets. Using Elliott waves, you can learn to identify these patterns and use them to anticipate where prices will go next. Get started with a basic understanding of the Wave Principle. http://www.techtradersystem.com/articles/Using-Elliott-Waves-As-Simple-As-ABC-5156.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5156 Why is now "the most exciting Elliott wave juncture in months," as the headline says? Because Elliott wave analysis looks embeyond/em the conventional gauges of trend like civil unrest, unemployment, etc. Stocks have a history of violent trend reversals when few investors expect them... http://www.techtradersystem.com/articles/China-and-Beyond-The-Most-Exciting-Wave-Juncture-in-Months-5155.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5155 Your goal as a trader is to identify and capitalize on market opportunities. Unfortunately, the emidentifying/em part of the equation can be frustrating. The Elliott Wave Principle, with its objective set of rules and guidelines, can help. Let's look at a recent example from the Asian-Pacific markets... http://www.techtradersystem.com/articles/Video-Asian-Markets-How-to-Identify-RealTime-Market-Opportunities-with-the-Wave-Principle-5154.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5154 span style=font-size 11ptAnyone who's ever traded commodities knows they can turn faster than a cat stumbling on a dog park. You blink for half-a-second and em"Poof!"-- /emthe market trend whirls right around and dashes headlong into the opposite direction. /spanspan style=font-size 11ptMake no mistake, this is volatile territory. One way to help anticipate trend changes before they happen is to reduce the number of unknown variables in the mix. So, how do you do that? /span http://www.techtradersystem.com/articles/Look-Alive-How-Elliott-Wave-Analysis-Lassos-the-NearTerm-Commodity-Turns-5153.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5153 When EWI's founder and president Robert Prechter first discovered the Elliott Wave Principle, he was a drummer in a rock-n-roll band and a psychology major at Yale, circa 1971. The only waves he had studied on a regular basis up till then were the microwaves that cooked his nightly dinner of Ramen noodles. But that all changed when Prechter came across two groundbreaking "re-discoveries"... http://www.techtradersystem.com/articles/Want-the-Key-to-Learning-the-Wave-Principle-Peek-Over-Robert-Prechters-Shoulder-5107.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5107 Before you join the crowd in thinking that shrinking trade gap is bullish for stocks, read this excerpt from the 2011 edition of our popular free Club EWI resource, ia href=http//www.elliottwave.com/iie/iiebook_b.aspx?code=20684&articleid=@articleidThe Independent Investor eBook/a/i. http://www.techtradersystem.com/articles/Think-Lower-Trade-Deficit-Is-Bullish-For-the-Stock-Market-Now-See-This-Chart-5052.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5052 div style=margin 0in 0in 0ptspan style=font-size 10ptElliott wave analysis claims to work in real time and in any liquid market around the world where collective investor psychology is present./spanspan style=font-size 10ptIs that true? Well, take /spanspan style=font-size 10ptIndia/spanspan style=font-size 10pt's S&P Nifty Index, for example. EWI's emAsian-Pacific Short Term Update/em told subscribers about a bullish opportunity on Aug. 31. Since then, the Nifty has strongrisen a whopping 8.5%/strong, in just 10 trading days. To see how, watch this video.../span/div div style=margin 0in 0in 0pt /div div style=margin 0in 0in 0ptspan style=font-size 10ptTake a sneak peak/span/div http://www.techtradersystem.com/articles/Video-Indias-Nifty-How-Elliott-Waves-Predicted-the-Rally-4781.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4781 span style=font-size 10ptEWI's president Robert Prechter recently published the March issue of his monthly iElliott Wave Theorist/i. Read the short excerpt here and see if you agree with Bob on the importance of sentiment and consensus in the markets./span http://www.techtradersystem.com/articles/Why-Consensus-in-the-Markets-Matters-a-Lot-But-Not-in-the-Way-You-Think-4790.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4790 Have you ever had one of those "I get it now" moments when the light bulb goes on and you suddenly feel in your bones or understand in your head what you hadn't a moment earlier? That's what happened to me when I first "got" the Wave Principle. http://www.techtradersystem.com/articles/When-You-FEEL-the-Elliott-Waves-Your-Eyes-Become-Wide-Open-4782.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4782 span style=font-size 10ptHere at EWI, we believe in subscriber education. span style=font-size 10ptHere is a preview from a new free Club EWI report, a 14-page eBook i"Trading Forex How the Elliott Wave Principle Can Boost Your Forex Success." /i/spanspan style=font-size 10ptEnjoy this free excerpt./span/span http://www.techtradersystem.com/articles/How-Elliott-Wave-Analysis-Can-Help-You-Boost-Your-Forex-Trading-4925.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4925  I believe a technical approach is the way to go -- using oscillators and Elliott wave analysis together. That's what turned things around for me.  We enjoy teaching others the "trading set-ups" which helped me transform myself from a struggling to successful trader... http://www.techtradersystem.com/articles/The-Trader-Who-Improved-His-Results-A-Brief-Story-5006.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5006 How about the bigger technical picture? Where are we in the market's key up/down cycles? What is the Elliott wave structure showing us?... http://www.techtradersystem.com/articles/The-Third-Mania-and-Market-Madness-4998.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4998 What Elliott wave software do you recommend? is one of the most frequent questions our readers send us. Watch Elliott Wave International's?Senior Currency Strategist Jim Martens?give his answer in this strongfree /strong6-minute classic?video using several forex charts. http://www.techtradersystem.com/articles/Video-Forex-What-Elliott-Wave-Software-Do-You-Recommend-5014.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5014 In peripheral European stock markets, such as the PIIGS eurozone nations, the rally off the March 2009 low unfolded in near-textbook Elliott waves. But "core Europe" has been another story. In the Eurostoxx 50, DAX, FTSE 100 and CAC 40, rallies from the 2009 low have exceeded typical Elliott wave targets...   http://www.techtradersystem.com/articles/20072009-Bear-Market-Was-It-All-Just-a-Bad-Dream-4949.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4949 Good movies remain good movies no matter when they were made, and so does this educational series, which EWI now sells as a 10-DVD set.... http://www.techtradersystem.com/articles/Go-to-the-Movies-and-Get-a-Deeper-Understanding-of-Elliott-Wave-Analysis-4930.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4930 Here's one way to look at the financial markets We sometimes hear that a market “doesn’t make sense.” Of course, our whole model is that markets fail to make sense, not just sometimes but all the time. The stock market is driven by social mood — waves of optimism and pessimism — not reason. http://www.techtradersystem.com/articles/3-Ways-to-Look-at-the-Markets-Through-Elliott-Wave-Glasses-4929.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4929 div style=margin 0in 0in 0ptJunctures do occur when the Elliott Waves offer a very clear message. You can liken those junctures to when your view of the lush meadow is no longer blocked by the low branches of roadside trees. Are we approaching a stretch of the "market road" when the view is becoming clear?.../div http://www.techtradersystem.com/articles/Bull-or-Bear-The-Elliott-Wave-Model-4810.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4810 With foreclosures accounting for 28% of all U.S. home sales in April, the housing debacle is the gift that keeps on taking away. Elliott Wave International began warning about the consequences of too much credit in the U.S. economy and the housing markets in the early 2000s. What does it say now? http://www.techtradersystem.com/articles/Unending-Foreclosure-Story-What-Does-It-Mean-for-US-Economy-5015.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5015 The MSCI Asia Apex Index combines 50 of the largest stocks in Hong Kong, Taiwan and Korea. The following Elliott wave development in the index provided EWI Global Analyst Chris Carolan an opportunity to show his readers how he uses three of his favorite technical indicators to anticipate trend changes. http://www.techtradersystem.com/articles/Technical-Indicators-How-to-Use-Them-to-Complement-Elliott-Wave-Analysis-5011.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5011 Today (Friday, May 20) I sit down with Elliott Wave International's chief commodity analyst and emFutures Junctures Service /emeditor Jeffrey Kennedy to discuss his favorite wave pattern of all the strongdiagonal triangle/strong. Plus, we'll take a look at the diagonal triangle underway in the real world price action of Cocoa. http://www.techtradersystem.com/articles/Ending-Diagonal-In-Cocoa-Start-Of-Opportunity-5007.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5007 The Elliott Wave Principle posits that fractal patterns govern the markets (and broadly-traded stocks), down to the one-minute chart. These patterns typically unfold in 5 wave and 3 wave structures, no matter what the business news includes.  http://www.techtradersystem.com/articles/Amazon-Stock-Elliott-Wave-Analysts-Pay-No-Heed-to-Lady-Gagas-ServerMelting-$99-Album-Launch-5000.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5000 Are the men/women sitting behind financial advisor desks emREALLY /emthe ones staying in front of the stock markets' biggest turns? In the Chart of the Day (May 13), we turn to the current emElliott Wave Theorist/em,in which EWI president Bob Prechter presents the following close-up of Investors Intelligence Advisors Survey Bull/Bear Ratio -- versus the Dow Jones Industrial Average since 2007. http://www.techtradersystem.com/articles/Should-You-Trust-Financial-Advisors-To-Stay-Ahead-of-Market-Moves-4972.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4972 div style=margin 0in 0in 0ptElliott waves are a direct visual reflection of the market's mood. Learn to recognize wave patterns, and you learn to understand and anticipate market trends! Here's how.../div http://www.techtradersystem.com/articles/Gain-KnowHow-from-Elliott-Wave-Experts-4912.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4912 Right now, Club EWI has recently re-released our strongemmost comprehensive Wave Principle tutorial/em/strong ever, at no monetary cost. This 10-lesson course leaves no stone unturned and no question unanswered about the basic recognition of all Elliott patterns and their practical application in real-world markets. http://www.techtradersystem.com/articles/Everything-You-Ever-Wanted-to-Know-About-the-Elliott-Wave-Principle-Free-4815.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4815 span style=font-size 10ptThe MSCI Asia Apex Index combines 50 of the largest stocks in /spanspan style=font-size 10ptHong Kong/spanspan style=font-size 10pt, /spanspan style=font-size 10ptTaiwan/spanspan style=font-size 10pt and Korea. The following Elliott wave development in the index provided Elliott Wave International's span style=font-style normalemAsian-Pacific Short Term Update/em/span Editor Chris Carolan an opportunity to show his readers how he uses three of his favorite technical indicators to anticipate trend changes./span http://www.techtradersystem.com/articles/How-to-Use-Technical-Indicators-to-Complement-Elliott-Wave-Analysis-4596.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4596 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. http://www.techtradersystem.com/articles/Learn-Elliott-Wave-Analysis--Free-1415.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1415 This video was originally recorded on August 10, 2007. In this timeless trading lesson on Elliott wave analysis, Elliott Wave International's Senior Currency Analyst Jim Martens gives you an answer to a very important question If you've identified the wrong Elliott Wave pattern, how do you find the right one? http://www.techtradersystem.com/articles/Video--How-to-Find-Correct-Elliott-Wave-Patterns-in-Market-Charts-1688.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1688 Technical analysis of financial markets does not have to be complicated. Here are EWI, our main focus is on Elliott wave patterns in market charts, but we also employ other tools -- like trendlines. Are they effective? You be the judge -- once you read the free 14-page Club EWI report by EWI's Chief Commodity Analyst Jeffrey Kennedy. Enjoy this free excerpt. http://www.techtradersystem.com/articles/Trendlines-How-a-Straight-Line-on-a-Chart-Helps-You-Identify-the-Trend-4586.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4586 Forex Traders' Alert. On April 25, 2008, Elliott Wave International, the world's largest market forecasting firm, released a unique, free 20-minute video with tips on how to trade currencies using Elliott wave analysis. The video also includes a supplemental 4-page report demonstrating how wave analysis can be used to trade forex at the time of economic news releases. Both the free video and report are available online now. http://www.techtradersystem.com/articles/Tips-From-a-Pro-How-To-Trade-Forex-With-Elliott-Wave-1417.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1417 Today (Thursday, March 10) I sit down with Elliott Wave International's chief commodity analyst and Futures Junctures Service editor Jeffrey Kennedy to discuss his favorite wave pattern of all the ending diagonal triangle. http://www.techtradersystem.com/articles/Ending-Diagonal-Elliott-Wave-Pattern-in-Cocoa-Start-of-an-Opportunity-4592.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4592 font size=2Watch this classic, free 6-minute clip from a live webinar Elliott Wave International's Senior Currency Strategist Jim Martens held for his subscribers in 2008. Jim answers two questions Wfont size=2hat's the best way to learn the Elliott Wave Principle? /fontfont size=2Which Elliott waves are best for trading forex? /font/font http://www.techtradersystem.com/articles/Video-Which-Elliott-Waves-Are-Best-For-Trading-Forex-4678.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4678 span style=font-size 10ptElliott Wave International presents Part I of the interview with its senior currency strategist, Jim Martens. -- "span style=font-size 10ptFirst of all, currency markets are much larger than equity markets. By most estimates, the daily volume in forex is as much as 10 times larger than the combined volume of ALL of the world’s stock markets. That makes it very liquid. We’re also talking about a market that trades 24 hours a day.../span"/span http://www.techtradersystem.com/articles/Forex-vs-Stocks-Are-There-Any-Advantages-Part-I-4675.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4675 When investors and traders first discover the Elliott Wave Principle, there are several reactions Disbelief that markets are patterned and largely predictable Joy at having found a crystal ball to foretell the future, And finally the correct, and useful response - Wow, here is a valuable model I should learn to use. Just like any system in nature, the closer you look at wave patterns, the more structured complexity you see. It is structured, because nature's patterns build on themselves, creating similar forms at progressively larger sizes. You can see these fractal patterns in botany, geography, physiology and the things humans create, such as roads, residential subdivisions... and as recent discoveries have confirmed in market prices. http://www.techtradersystem.com/articles/Elliott-Wave-Principle-897.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=897 Mainstream financial analysts always look for ways to explain market action through news stories and events. Conventional wisdom states that news and inter-market correlations cause market booms and busts, but such explanations rely on selective presentation of the data. In this video, Elliott Wave International's Asian-Pacific Financial Forecast Editor Mark Galasiewski shows you how Elliott wave analysis was able to predict Hong Kong's late '90s mania and its aftermath in real time -- without looking at the news or the market's fundamentals. http://www.techtradersystem.com/articles/Video-The-RealTime-Power-of-Elliott-Wave-Analysis-1613.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1613 div style=margin 0in 0in 0ptOn March 2, scientists added a third item to the list of living things able to "Defy the Laws of Gravity" A bumble bee, a hummingbird, and now -- the gold market. Okay, maybe not officially. But on March 2, as the price of gold soared to a fresh all-time high, the notion of a new, "up-only" paradigm forming in the precious metal certainly felt real./div http://www.techtradersystem.com/articles/A-Compelling-Elliott-Wave-Pattern-Emerges-In-Gold-Again-4652.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4652 span style=font-size 10ptFinancial markets -- i.e., investors -- have a short memory. For example At Elliott Wave International, we have pointed out time and again that when market sentiment reaches a bullish or bearish extreme, chances are that a trend change is near. Yet time and again, almost everyone forgets this./span span style=font-size 10ptHere's a fresh example. In June 2010, the U.S. dollar began a losing streak against its forex competitors.../span http://www.techtradersystem.com/articles/Forex-Dont-Rush-to-Bury-The-US-Dollar-4681.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4681 div style=margin 8pt 0infont size=2Today, Wednesday January 12, I sit down with Elliott Wave International's chief commodity analyst and emFutures Junctures Service /emeditor Jeffrey Kennedy to discuss his favorite wave pattern of all the strongdiagonal triangle/strong. Turns out, the recent price action of cocoa has unfolded as a classic diagonal pattern. Find out what it all means in today's publication./font/div http://www.techtradersystem.com/articles/The-Shape-Of-Cocoa-Diagonal-Triangle-4578.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4578 div style=margin 0in 0in 0ptspan style=font-size 10ptemEuropean Short Term Update /emEditor Chris Carolan explains in this free video how "ending diagonals" can help you identify and prepare for "explosive" market moves./span/div http://www.techtradersystem.com/articles/Video-Swiss-SMI-Watch-An-Ending-Diagonal-Elliott-Wave-Pattern-in-Action-4674.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4674 span style=font-size 10ptElliott wave analysis can warn you of trend changes when the rest of the investment public least expects a market reversal. With that in mind, we have created a new report for our free Club EWI members "The Next Major Disaster Developing for Bond Holders."/span span style=font-size 10ptEnjoy this excerpt -- and for details on how to read this important report bfree/b, today, look below the excerpt./span http://www.techtradersystem.com/articles/The-Next-Major-Disaster-Developing-for-Bond-Holders-4631.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4631 On February 8, the iconic Google logo was transformed into a row of round submarine windows to celebrate the February 8supth/sup birthday of famous science-fiction writer Jules Verne. I thought it was appropriate, considering the commodity market this article is about sugar. Over the past few days, sugar futures have plunged 20,000 Leagues Under The Sea. http://www.techtradersystem.com/articles/Sugar-Prices-Sink-How-Elliott-Wave-Patterns-Foresaw-The-Turn-Down-4588.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4588  I believe a technical approach is the way to go -- using oscillators and Elliott wave analysis together. That's what turned things around for me.  We enjoy teaching others the "trading set-ups" which helped me transform myself from a struggling to successful trader... http://www.techtradersystem.com/articles/A-Traders-Transformation--From-Struggling-to-Successful-3600.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3600 span style=font-size 10ptFibonacci mathematics is a fascinating subject. It's also an integral part of Elliott wave analysis. /spanspan style=font-size 10ptWe also have many resources, free and paid, that show you how to use Fibonacci ratios in market analysis. Here's an excerpt from a free Club EWI report on the subject. /span http://www.techtradersystem.com/articles/How-To-Apply-Fibonacci-Math-to-RealWorld-Trading-4583.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4583 Learn to Survive and Thrive with Knowledge of Socionomics and the Elliott Wave Principle. Both a study of the stock market and a study of trends in popular attitudes support the conclusion that the movement of aggregate stock prices is a direct recording of mood and mood change within the investment community, and by extension, within the society at large. It is clear that extremes in popular cultural trends coincide with extremes in stock prices, since they peak and trough coincidentally in their reflection of the popular mood. http://www.techtradersystem.com/articles/Keep-Ahead-of-the-Herd-in-2011-3089.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3089 Every issue of Bob Prechter's emElliott Wave Theorist/em presents unique analysis and forecasts, which subscribers use to pursue their own strategies. It's rare for Prechter to publish a specific trade recommendation. But early last week silver gapped higher at the open and peaked just above $30. Shortly afterward (noon Eastern time Monday, Dec. 6), he published a special Interim Report. It alerted subscribers to an irresistible opportunity in silver. http://www.techtradersystem.com/articles/Silver-and-Gold-An-Irresistible-Opportunity-4637.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4637 As a trader you follow one of two types of analysis Technical or Fundamental, and while people will always argue over which is more accurate, the proof is in the pudding as they say. Fundamental analysis follows a simple enough rule if incoming news is positive, the market in turn goes up and vice versa. But the problem is that the news lags the market and is too often contradictory. http://www.techtradersystem.com/articles/Corn-Harvesting-Ripe-Elliott-Waves-4581.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4581 Prechter The DJIA will fall below 1,000 withing the next six years. Robert Prechter of Elliott Wave International and Don Luskin of Trend Macro share their opposing market views with CNBC host Larry Kudlow. (Note Prechter's interview starts about four minutes into the interview). http://www.techtradersystem.com/articles/Prechter-on-CNBC--Not-a-bear-among-them-Video-3087.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3087 span style=font-size 10ptElliott Wave International presents Part II of the interview with Jim Martens. Q Do you think trading forex is easy? -- strongspan style=font-size 10ptJim Martens/span/strongspan style=font-size 10pt Well, I’d go back to the first question you asked me. Easy? No. Easi-emer/em than equities? Yes. /spanspan style=font-size 10ptIn forex, there are fewer markets, so fewer choices and less news to be concerned with -- so, fewer surprises.../span/span http://www.techtradersystem.com/articles/Forex-vs-Stocks-Are-There-Any-Advantages-Part-II-4676.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4676 div style=margin 0in 0in 0ptspan style=font-size 10ptThe movement of /spanspan style=font-size 10ptGreece/spanspan style=font-size 10pt's /spanspan style=font-size 10ptASE (which is down over 50 percent since mid-October 2009)/spanspan style=font-size 10pt provided EWI's emEuropean Short Term Update /emeditor Chris Carolan an opportunity to teach about one of the useful technical indicators that he likes to combine with Elliott wave analysis -- strongKeltner channels./strong/span/div div style=margin 0in 0in 0pt /div http://www.techtradersystem.com/articles/How-to-Use-Keltner-Channels-to-Complement-Elliott-Wave-Analysis-4663.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4663 div style=margin 0in 0in 0ptThink about it cable news channels are running 24/7 commentary as to what the first exchange of artillery fire in 50+ years on the Korean peninsula really "means," but they come to no conclusion. An Elliott Wave practitioner looks at a chart, then says "I recognize THAT reliable pattern," and presents subscribers with a road map for the future./div div style=margin 0in 0in 0pt /div div style=margin 0in 0in 0ptFor Chris and other technical analysts, emthe benefit of the Wave Principle is its ability to identify a structure that can define forecasting and even trading decisions /em-- regardless of events in the news./div http://www.techtradersystem.com/articles/North-Korea-vs-South-Korea--Fundamental-Analysis-vs-Technical-Analysis-4604.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4604 div style=margin 0in 0in 0ptspan style=font-size 10ptElliott wave analysis claims to work in real time and in any liquid market around the world where collective investor psychology is present./spanspan style=font-size 10ptIs that true? Well, take /spanspan style=font-size 10ptIndia/spanspan style=font-size 10pt's S&P Nifty Index, for example. EWI's emAsian-Pacific Short Term Update/em told subscribers about a bullish opportunity on Aug. 31. Since then, the Nifty has strongrisen a whopping 8.5%/strong, in just 10 trading days. To see how, watch this video.../span/div div style=margin 0in 0in 0pt?/div div style=margin 0in 0in 0ptspan style=font-size 10ptTake a sneak peak/span/div http://www.techtradersystem.com/articles/Video-Indias-Nifty-How-Elliott-Waves-Predicted-the-Rally-4599.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4599 Two times out of the year (at minimum), Elliott Wave International commits to opening the doors to its entire emFutures Junctures Service /empackage at absolutely no cost. The event, aptly coined emFutures Junctures strongFreeWeek/strong/em, is a company favorite for many reasons; for one, it allows anyone out there with an interest in commodity prices instant, strongfree/strong access to the most comprehensive Elliott wave insight into the near and long-term trend changes at large in the world's leading commodity markets -- for not even a penny. Not a penny! http://www.techtradersystem.com/articles/The-NearTerm-Path-In-Commodities-Free-AND-Clear-4593.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4593 font size=2According to the mainstream market observers, the "waters" of foresight surrounding commodities have been muddied by a number of growing uncertainties unclear crop conditions; chaos in Egypt and across the Middle East; instability in emerging markets, and others. But EWI's new emFutures Junctures Service' /emwebinar can give you right now the "biggest BIG picture "outlook for commodities -- for as far ahead as the next 20 years./font http://www.techtradersystem.com/articles/2011-Could-Be-An-Exciting-Year-For-Commodities-Says-an-Elliott-Wave-Expert-4589.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4589 Robert Prechter has just released a complimentary online edition of Elliott Wave Principle Key to Market Behavior. All 248-pages of this classic investment book can be on your screen in just minutes. Elliott Wave Principle will teach you the 13 waves that can occur in the charts of the financial markets, the basics of counting waves, and the simple rules and guidelines that will help you to apply Elliott Wave for yourself. You'll learn the method successful investors have used for decades. http://www.techtradersystem.com/articles/Classic-Investment-Book-Elliott-Wave-Principle-Now-Available-Free-3543.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3543 Robert Prechter has been warning us for years that "we're not in Kansas anymore" when it comes to the U.S. Federal Reserve. His January emElliott Wave Theorist /emmakes his arguments unmistakably clear. http://www.techtradersystem.com/articles/Pay-No-Attention-To-The-Man-Behind-the-Curtain-4726.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4726 div style=margin 0in 0in 0ptspan style=font-size 10ptEvery Friday, Elliott Wave International's Senior Currency Strategist Jim Martens records a video update for his a href=http//www.elliottwave.com/specialtyservices/more_info/SS-Currencies.aspx?code=frco&articleid=@articleidiCurrency Specialty Service/i/a subscribers. On Friday, February 11, Jim recorded the following bullish video forecast for the USDJPY./span span style=font-size 10ptWatch it now to see how precisely Jim was able to forecast the ending price target for the USDJPY rally using only Elliott wave and Fibonacci analysis./span/div http://www.techtradersystem.com/articles/Video-USDJPY-A-RealLife-Lesson-in-Elliott-Wave-Application-4688.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4688 The EURUSD gained on January 11 -- but span style=font-size 10ptcharts make clear that the actual EURUSD rally began on January 9, before the positive news from the euro zone appeared. Here is an Elliott wave explanation for the euro's strength./span http://www.techtradersystem.com/articles/EURUSD-Up-But-For-How-Long-4679.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4679 strongemYou've said the Wave Principle is relatively easy to understand. How about application?/emRobert Prechter/strong The basic idea is easy to understand. The intricacies can take a fair amount of time to learn. Once you've learned them, it becomes an easy step to recognize forms in the market. http://www.techtradersystem.com/articles/2-Evenings-with-1-Book-and-Youll-Get-the-Elliott-Wave-Principle-4573.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4573 (Note This video was recorded on November 5, 2010) Since the November 4 high, the euro has declined sharply against the U.S. dollar. Does this mean that it's time for a trend change in the dollar? Watch the free video below to get Elliott Wave International's Senior Currency Strategist Jim Martens' take on what he thinks is coming next. http://www.techtradersystem.com/articles/Euros-Twists-and-Turns-Whats-Next-for-the-Currency-1689.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1689 If you want to figure out what Elliotticians mean when they talk about zigzags and flats, this explanation and examples will get you started. http://www.techtradersystem.com/articles/Basic-Wave-Patterns-How-a-Zigzag-Differs-from-a-Flat-4752.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4752 span style=font-size 10ptThis is Part III, the final part of Elliott Wave International's series "Robert Prechter Explains The Fed The world's foremost Elliott wave expert goes 'behind the scenes' on the Federal Reserve."/span http://www.techtradersystem.com/articles/Robert-Prechter-Explains-The-Fed-Part-III-4746.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4746 span style=font-size 10ptThis is Part II of our three-part series "Robert Prechter Explains The Fed." You a href=http//www.elliottwave.com/freeupdates/archives/2010/11/16/Robert-Prechter-Explains-The-Fed,-Part-I.aspxfont color=#606420can read Part I here/font/a. "Let’s attempt to define what gives the dollar objective value. As we will see in the next section, the dollar is 'backed' primarily by government bonds, which are promises to pay dollars. So today, the dollar is a promise backed by a promise..." /span http://www.techtradersystem.com/articles/Robert-Prechter-Explains-The-Fed-Part-II-4744.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4744 font size=2Elliott Wave International wasn't around during the Great Depression of 1929. But we were here for the most recent financial flameout in 2007 -- when the most inflated credit environment in all of history entangled itself around the engine of economic growth and sent it hurtling toward a fiery collapse. /fontspan style=font-size 10ptAnd contrary to the popular belief that the still continuing meltdown was an unforeseeable event, Elliott Wave International's team of analysts stayed ahead of the bursting of the economy's biggest balloons/span http://www.techtradersystem.com/articles/A-New-Year-Will-There-Be-a-Bullish-Miracle-on-34th--Street-4722.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4722 span style=font-size 10ptUsually at least once a week, Elliott Wave International's Senior Currency Strategist Jim Martens records a video update for his a href=http//www.elliottwave.com/specialtyservices/more_info/SS-Currencies.aspx?code=frco&articleid=@articleidemCurrency Specialty Service/em/a subscribers. /spanspan style=font-size 10ptOn Friday, March 4, Jim recorded the following short-term bearish, longer-term bullish video forecast for the USDJPY./span span style=font-size 10ptWatch it now to see how Jim uses basic Elliott wave analysis to forecast the trends./span http://www.techtradersystem.com/articles/Video-USDJPY-Basic-Elliott-Can-Be-Quite-Powerful-4693.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4693 span style=font-size 10ptThe Swiss franc has lost big to the U.S. dollar since February 1, moving the USDCHF forex pair from mid .9300 range to near .9600 as of February 7./span Some span style=font-size 10ptmay cite after-the-fact "fundamental" reasons for this 350-pip rally, but none of them could do what Elliott wave analysis did Namely, identify the bullish opportunity in the USDCHF before it began. /spanstrongspan style=font-size 10ptWatch this free video for details./span/strong   http://www.techtradersystem.com/articles/USDCHF-Video-How-to-Identify-Opportunities-in-Forex-Using-Elliott-Wave-Analysis-4684.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4684 Elliott Wave International can be a new "analytical surrounding," and so we want to offer a way to make the transition easy... http://www.techtradersystem.com/articles/FreeWeek-for-European-and-AsianPacific-Short-Term-Updates-4660.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4660 After spiking to 6359 on June 21, Germany's DAX, the European Union's benchmark stock index, has fallen to as low as 5826 -- an 8% loss. Was there anything that could have warned European investors of the decline? Tom Denham, editor of Elliott Wave International's ema href=http//www.elliottwave.com/specialtyservices/more_info/SS-EuropeanStocks.aspx?code=freuro&articleid=@articleidfont color=#800080Stocks Specialty Service/font/a, /emexplained why the DAX turned bearish in this June 24 video. http://www.techtradersystem.com/articles/Video-Germanys-DAX-Bullish-Possibility-Has-Faded-4655.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4655 div style=margin 0in 0in 0ptfont size=2Every day, Elliott Wave International's Message Board receives questions from free Club EWI members and subscribers. Many of those questions pertain to one debate, namely Does news really create market trends, as "fundamental" analysis and conventional economic wisdom say it does? For example, on March 11 and March 14, some financial media experts "knew" without a doubt that instability in the Middle East was the main catalyst for the rising trend in gold./font/div http://www.techtradersystem.com/articles/First-Gold-Goes-Up-On-Mideast-Unrest-Then-Gold-Goes-Down-Despite-Mideast-Unrest-4654.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4654 div style=margin 8pt 0infont size=2All too often when looking at a market's "fundamentals," you are restricted by the "news" of the moment -- the release of supply data, or an adverse weather pattern -- which itself can change on a dime. Ultimately, it's like holding the wrong end of a pair of binoculars up to your eyes, so that the far-away picture is blurred beyond recognition./font/div http://www.techtradersystem.com/articles/Coffee-Prices-Fulfill-Their-Elliott-Wave-Script-4575.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4575 This new year, resolve to look at the world in a different light, and learn to anticipate changes that will keep you ahead of the herd with an understanding of socionomics and the Elliott Wave Principle http://www.techtradersystem.com/articles/Keep-Ahead-of-the-Herd-in-2011-4566.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4566 Everyone knows some scary movies, but which are the Best Scary Market Movies? Elliott Wave International's readers give it their best shots. http://www.techtradersystem.com/articles/The-Best-Scary-Market-Movies-4559.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4559 span style=font-size 10ptAt a href=http//www.elliottwave.com/MsgBoard/default.aspxEWI's Message Board/a, we receive great questions from subscribers and free Club EWI members daily. Here's one that deserves an expanded answer/span span style=font-size 10ptem"Can you please explain what you mean by the phrase, 'The news doesn't make the market, rather the market makes the news'?" /emThis is a radically different concept than the conventional assumptions about how the financial world works. EWI's president Robert Prechter pioneered the very idea that the news is irrelevant to markets, and has written extensively about it; he calls it "socionomics." span style=font-size 10ptspan style=font-size 10ptHere's an essay by Prechter on the topic/span./span/span http://www.techtradersystem.com/articles/What-Does-It-Mean-The-News-Doesnt-Make-the-Market-3599.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3599 Have you ever had one of those I get it now moments when the light bulb goes on and you suddenly feel in your bones or understand in your head what you hadn't a moment earlier? That's what happened to me when I first got the Wave Principle. http://www.techtradersystem.com/articles/When-You-FEEL-the-Elliott-Waves-Your-Eyes-Become-Wide-Open-4756.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4756 div style=margin 0in 0in 0ptDoes the FDIC have the wherewithal to "make whole" emall/em depositors if scores of banks go under at the emsame time/em? Here at Elliott Wave International, we do not recommend that you count on the FDIC. Here's why.../div http://www.techtradersystem.com/articles/Is-Your-Bank-on-the-100-Safest-List--Maybe-You-Should-Find-Out-4718.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4718 span style=font-size 10ptElliott Wave International's Senior Currency Strategist Jim Martens records regular video updates for his a href=http//www.elliottwave.com/specialtyservices/more_info/SS-Currencies.aspx?code=frco&articleid=@articleidiCurrency Specialty Service/i/a subscribers. /spanspan style=font-size 10ptOn Friday, March 11, Jim recorded the following short-term bearish video forecast based only on a basic Elliott wave pattern visible in the USDCAD charts at the time./span span style=font-size 10ptWatch the free video now for details./span http://www.techtradersystem.com/articles/Video-USDCAD-Example-of-ShortTerm-Basic-Elliott-Wave-Analysis-4694.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4694 div style=margin 0in 0in 0ptspan style=font-size 10ptWhen you view world events through the lens of the Elliott Wave Principle, things just make more sense./span span style=font-size 10ptTake the recent political shake-up in Ireland, where Fianna Fàil party suffered its worst-ever election defeat. Up until now, Fianna Fàil was considered the “natural party of government," but now the experts have no better explanation than to helplessly point to “forces of nature” as the reason for the party's stunning defeat. /spanspan style=font-size 10ptThey would get better answers by looking at the economy and the stock market as the measures of the country's social mood./span/div http://www.techtradersystem.com/articles/Germanys-New-Economic-Miracle-Could-7000-Bullish-Executives-Be-Wrong-4673.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4673 span style=font-size 10ptAfter emMoody's /emrecent downgrade of Ireland's credit rating and a fresh warning about emspan style=font-style normalPortugal's rating being placed "on review" for a possible downgrade/span/emi,/i it's clear that the euro zone credit crisis is not over./span span style=font-size 10ptFor a different perspective on Europe's credit crunch, we invite you to read this free report by Elliott Wave International's emspan style=color blackEuropean Financial Forecast/span/em editor Brian Whitmer./span http://www.techtradersystem.com/articles/Credit-Crisis-in-Europe-Free-Assessment-Report-by-Elliott-Wave-International-4669.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4669 div style=margin 0in 0in 0ptspan style=font-size 10ptElliott wave analysis works real-time in European markets, as you can see in this fresh, Nov. 29 video update by EWI emEuropean Short Term Update /emeditor Chris Carolan. /spanspan style=font-size 10ptIn Carolan's own words, this week's action in /spanspan style=font-size 10ptFrance/spanspan style=font-size 10pt's /spanspan style=font-size 10ptCAC/spanspan style=font-size 10pt40 is "a great example of using Elliott analysis in real time -- and a good example of its effectiveness."/span/div http://www.techtradersystem.com/articles/VIDEO-The-RealTime-Power-of-Elliott-Wave-Analysis-in-Frances-CAC40-4666.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4666 span style=font-size 10ptOn Monday, January 17, China's Shanghai Composite stock index lost 3%; analysts attributed the sharp one-day decline to a recent Chinese government decision to raise reserves at China's banks. But from an Elliott wave perspective, one chart pattern was all you needed to know to anticipate this move. /span http://www.techtradersystem.com/articles/Chinas-Shanghai-Composite-Loses-3-Percent-Whats-Behind-the-Drop-4609.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4609 span style=font-size 10ptYour goal as a trader is to identify and capitalize on market opportunities. Unfortunately, the emidentifying /empart of the equation can be frustrating. Elliott wave analysis, with its objective set of rules and guidelines, can help. For example, emThe Asian-Pacific Short Term Update /emin late August identified two specific opportunities in India's S&P Nifty.../span http://www.techtradersystem.com/articles/How-To-Identify-Market-Opportunities-in-Real-Time-with-Elliott-Wave-Analysis-4600.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4600 div style=margin 0in 0in 0ptfont size=2This Valentine's Day, the financial Cupid shot his bright RED arrow straight into the heart of the red metal market. em"Copper Steals Metals Show,"/em read theFebruary 14 emMarketWatch /emfront page headline as the metal's prices rocketed to an all-time record high. /fontfont size=2And, as far as the mainstream experts can see, copper's winning streak has only just begun, as the slew of recent news items below make plain./font/div http://www.techtradersystem.com/articles/Special-Elliott-Wave-Case-Study-On-Copper-Sends-Urgent-Message-4590.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4590 div style=margin 0in 0in 0ptfont size=2The theory of fundamental market analysis operates on a simple premise Bullish outside factors cause a rise in a market's price. And bearish factors trigger declines. /fontfont size=2In reality, however, the story often doesn't go as planned. Take, for example, the history of sugar prices over the last year. First, there was the mass hysteria surrounding "Peak Sugar" in late 2009. At the time, sugar prices were orbiting their highest level in 28 years./font/div http://www.techtradersystem.com/articles/Staying-Ahead-Of-Sugar-The-Benefit-Of-Elliott-Wave-Analysis-4584.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4584 div style=margin 0in 0in 0ptIf you emdo/em want to go the distance and "cross the finish line," we offer a great way to train.../div http://www.techtradersystem.com/articles/Become-an-Elliott-Wave-Expert-See-Yourself-Cross-the-Finish-Line-4574.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=4574 font size=2You emcould/em have an astonishing stroke of luck, whereby you cross paths with a market pro who's been around for decades. Maybe even the sort of guy who was "keeping hourly charts by hand back in the 1970s." /fontspan style=font-size 11.5ptfont size=2A guy like that will have just about seen it all.../font/span http://www.techtradersystem.com/articles/30+-Years-of-Elliott-Wave-Theorist-Experience-in-One-Single-Issue-3598.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=3598 Without a doubt, Elliott Wave Theory is one of the most consistent and reliable technical indicators that a trader or investor can have in his technical analysis toolbox and even a basic understanding of these rules along with the basics wave pattern recognition can help deliver consistent gains. Understanding these Elliott Wave basics can enable traders to find a new level of profitability that they have struggled to achieve before. http://www.techtradersystem.com/articles/Learn-Elliott-Wave-Theory-2521.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=2521 Do you know this fact that if you are not using the Elliot Wave Principle in your forex trading, you are making a big mistake? Elliott Wave Principle can be used to help capture the big moves in the market with surgical precision and make a lot of pips for you. So, if you have been ignoring Elliott Waves, this is the time to learn and master the wave principle.BRElliott Waves were discovered by Mr. Elliott. He found a certain price pattern repeating over and over again in the stock market on the longer term. This gave birth to the idea that markets move in cycles or waves. This cyclical movement of the market is called Elliott Waves. Elliott waves are a fractal concept that works on all time frames from day trading to swing trading and position trading. An Elliott Wave Cycle from a bullish to a bearish market or from a bearish to a bullish market is always comprised of eight waves. In this cycle there are impulse waves and corrective waves. Impulse waves are the ones that move with the main trend. They are five in numbers. http://www.techtradersystem.com/articles/Trade-With-Elliott-Waves-On-Any-Time-Frame-1943.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=1943 Robert Prechter, President of Elliott Wave International, has written about a new study of socionomics in his book, The Wave Principle of Human Social Behavior and the New Science of Socionomics (1999). In the book he predicted a negative social mood change era evidenced by fear, xenophobia, pessimism, conservatism, thrift, savings and a general retrenchment. A waning instead of a waxing. He is also on record saying the GREATER DEPRESSION started in 2000 with the dot com bust and may last into 2016 with a 90% drop in most assets and 30% plus unemployment rate and finally that WWIII started 09/11/2001.Xenophobia is the fear and loathing of strangers. Xenophobic trends increase as economies regress into deflation and peoples attitude turns sour. In a deflation economy, people in general become afraid and therefore hateful of strangers. The mood of the total populace wanes. Pessimism rules.People are rabidly against the Manhattan muslim mosque being built in New York City. A recent poll asked the question Is it appropriate to erect a Mosque and Islamic Community Center close to the 9/11 site? 37% said yes, 62% said no. http://www.techtradersystem.com/articles/What-Does-Socionomics-Say-About-The-Coming-Greater-Depression-291.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=291 Robert Prechter, President of Elliott Wave International, has written about a new study of socionomics in his book, The Wave Principle of Human Social Behavior and the New Science of Socionomics (1999). In the book he predicted a negative social mood change era evidenced by fear, xenophobia, pessimism, conservatism, thrift, savings and a general retrenchment. A waning instead of a waxing. He is also on record saying the GREATER DEPRESSION started in 2000 with the dot com bust and may last into 2016 with a 90% drop in most assets and 30% plus unemployment rate and finally that WWIII started 09/11/2001.Xenophobia is the fear and loathing of strangers. Xenophobic trends increase as economies regress into deflation and peoples attitude turns sour. In a deflation economy, people in general become afraid and therefore hateful of strangers. The mood of the total populace wanes. Pessimism rules.People are rabidly against the Manhattan muslim mosque being built in New York City. A recent poll asked the question Is it appropriate to erect a Mosque and Islamic Community Center close to the 9/11 site? 37% said yes , 62% said no. http://www.techtradersystem.com/articles/What-Socionomics-Tells-Us-About-The-Coming-Greater-Depression-289.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=289 The Elliot Wave Principle is a theory about mass psychology applied to financial markets. The EW principle suggests that mass psychology swings from pessimism to optimism in a predictable and cyclical wave pattern and that this pattern can be seen in price movements in financial markets. http://www.techtradersystem.com/articles/The-Elliott-Wave-Principle--An-Analysis-2875.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=2875 The Elliott Wave refers to a principle in which investors use to predict or time the market. The person who came up with the Elliott Wave theory in 1938 is Ralph Nelson Elliott. The theory is based on the idea that the stock market consists of large groups of traders, and like a social group, they would behave similarly in certain patterns that would repeat themselves. Such patterns can actually be identified by looking at the stock market price charts over a period of time. The name of the theory originates from the founder of the theory and his observations of the patterns in which appear like waves in the stock price charts. The observation is as such a stock price would move forward, fall back, and then move forward again. On the other hand, if the trend is downwards, the stork price will move downwards, experience a small recovery, and then continue its decline downwards. Nevertheless, there are many forms of Elliott Wave patterns, as well as variations of them. Even within the Elliott Wave itself, you will be able to find more patterns within the pattern. http://www.techtradersystem.com/articles/What-Is-An-Elliott-Wave-2690.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=2690 You might have already heard about an Elliot wave expert advisor and you are curious if this is something that you should really try since you are planning to join in the foreign exchange. This is actually a tool that can help you with your transactions and it is based from the theory that the Forex can be understood more clearly by analyzing the emotional patterns that influence a certain market.One of the most important things that this Elliot wave expert advisor can do is that it can present you with five distinct patterns on the upside and three patterns on the downside. These are used so that you can predict any price movement which can serve as your basis in placing a trade. And for several people, this is indeed very helpful in making them more successful in the foreign exchange.As you already know, it can be very troublesome if you will deal with this kind of venture on your own. It is also not enough that you are skillful and have the experience. There is still a need for you to make sure that you have the right tools such as the Elliot wave expert advisor. http://www.techtradersystem.com/articles/Elliot-Wave-Expert-Advisor--Is-It-Good-292.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=292 Elliott Wave Technical Analysis rules and guidelines applied to the charts, and will help you trade and invest successfully through a better understanding of the market to maximize opportunity and minimize risk. http://www.techtradersystem.com/articles/Technical-Analysis-Elliott-Wave-Theory-Basics-5313.asp http://www.techtradersystem.com/articles/publish-article.asp?articleid=5313