Here's Why Trendlines Are Your New Best Friend, Part 1

By: Elliott Wave International

If financial market speculation were easy, then everyone would be well off -- and the legendary investor Warren Buffett would be just a nice rich guy from Omaha with really cool glasses.

The reality is, successfully navigating the near- and long-term trends is exceptionally difficult. Gains can be big, but losses can often be even bigger.

Technical analysis offers you an all-you-can-watch buffet of indicators to help reduce your risk and optimize rewards. You may already be using moving averages or momentum indicators, for example -- and you know how helpful they can be at anticipating trend changes.

Well, let us introduce you to another excellent tool: trendlines.

For the past 15 years, Elliott Wave International's chief commodity analyst Jeffrey Kennedy has been using trendlines to identify high-probability trade set-ups in close to 20 markets he regularly follows.

You might be familiar with one of those markets, cocoa. In his May 2014 Monthly Commodity Junctures, Jeffrey showed subscribers how to apply trendlines to this volatile market: Continue reading "Here's Why Trendlines Are Your New Best Friend, Part 1"

How to Score in the World's Key Commodity Markets

By: Elliott Wave International

If you've ever tried your hand at futures trading, and if you've been watching the 2014 World Cup, you've probably thought to yourself -- Yup. This looks like how it feels to invest in commodities.

Hey, if the cleat fits!

The world of commodities trading is competitive and cutthroat. The action is nonstop. Passes happen in the blink of an eye. There are no commercial breaks, or half times. And those on the field never stop paying attention to price charts, scanning and waiting for opportunity to strike.

And then comes the moment to act. You're the last guy in a penalty shootout. All that stands between you and the goal is the ticking of the clock, fatigue, and doubt.

But if you make it, the reward is like nothing else. Continue reading "How to Score in the World's Key Commodity Markets"

Triangles Offer Traders Important Forecasting Information

By: Elliott Wave International

These days there's no shortage of books about trading. You could read for months before you find a book that applies to your trading style.

The free 45-page eBook -- The Best of Trader's Classroom -- is specifically for Elliott wave traders. This excellent eBook will save time and deliver the knowledge you want.

It's written by Elliott wave trader Jeffrey Kennedy: He had individuals like you in mind when he said:

I began my career as a small trader, so I know firsthand how hard it can be to get simple explanations of methods that consistently work. In more than 15 years as an analyst since my early trading days, I've learned many lessons, and I don't think that they should have to be learned the hard way.

The Best of Trader's Classroom offers 14 trading insights that you can use.

Consider these examples of what you'll learn: Continue reading "Triangles Offer Traders Important Forecasting Information"

Spot High-Confidence Trading Opportunities Using Moving Averages

By Elliott Wave International

The moving average is a technical indicator which has stood the test of time. It's been 27 years since Robert Prechter described this vital tool in his famous essay, "What a Trader Really Needs to be Successful." What he said then remains true today: Continue reading "Spot High-Confidence Trading Opportunities Using Moving Averages"

How to Find Trading Opportunities in ANY Market Using Candlesticks (Video)

By: Elliott Wave International

Senior Analyst Jeffrey Kennedy is the editor of our Elliott Wave Junctures educational service and is one of our most popular instructors. Jeffrey's primary analytical method is the Elliott Wave Principle, but he also uses several other technical tools to supplement his analysis. In today's lesson, Jeffrey shows you how to use candlestick patterns to identify opportunities.

You can apply these methods across any market and any time frame.

If you think you need years of experience to identify a high probability trade setup -- you're wrong. Continue reading "How to Find Trading Opportunities in ANY Market Using Candlesticks (Video)"