What’s been driving the markets this year? If your market research consists primarily of watching financial television channels, you’d swear that the Fed must be controlling all market movements like it was a puppet master! The vast majority of TV pundits will answer questions about where the market is going next with at least some mention of the Fed. Let’s look at all the Fed’s rate changes so far this year to see if they are producing consistent buy or sell signals for investors and traders.
Welcome to the October 2022 Quarterly Premium Plan Webinar. These quarterly events are Elliott Wave Plus’s most anticipated events. Our current subscribers find these recording extremely useful, as do our free visitors at ElliottWavePlus.com. This video and blog will show how to best utilize our service offerings here at Elliott Wave Plus and will help new subscribers decide which subscription tier is right for them.
We believe our sentiment condition screenshots are so amazingly valuable to traders, we wanted to spend some time showing viewers how to read those charts, and how to utilize them in your trading. These charts show DSI (retail positioning), and multiple measures of commercials (the producers/hedgers) positioning. As we all know, retail traders are notoriously positioned on the wrong side of trade at major turns. Knowing retail vs commercial is crucial when timing your trades.
How An Experienced Trader Utilizes Our Analysis in His Trading
The following trading education document and accompanying chart were provided to us by longtime Premium Plan subscriber “William” yesterday. William is a highly experienced and learned trader, and a multi-decade student of the methods of Larry Williams, Tom DeMark, and others.
Volatility Index Coverage – Webinar Video Excerpt
Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high-probability price targets. Just as important, it can distinguish high-probability trade setups from the ones that traders should ignore.
In this video, Senior Tutorial Instructor Wayne Gorman uses real headlines, actual events and charts to provide a comprehensive look at what the financial media say drives the markets and why their “fundamentals” are usually wrong. And more importantly, you’ll learn why Elliott wave analysis is your best tool for forecasting the markets.
How To Use Bar Patterns To Spot Trade Setups
See How Elliott Waves Help You Avoid “Getting Married to the Trend”
Most investors make the mistake of linearly extrapolating a financial trend into the future, especially at junctures when that trend is near a turn.
In everyday terms, it’s called “getting married to the trend.”
Here’s what Elliott Wave International President Robert Prechter said in his book, Prechter’s Perspective:
Seeking Certainty in Uncertain Times? Draw a Trendline | Learn How
Trendlines are simple straight lines connecting two price extremes on a chart. When you draw more than one, you create a so-called trend channel and see both the future trend and trend reversals.