Elliott Wave

Hi Fellow Stock Traders

Did you know that on any given stock chart, there are very
specific & precise low-risk, high-probability entry points that
can lead to some potentially deep “profit pockets”?

* 4 of them were recently discovered by a 35+ year market
veteran…

-and he’s recording some brand new training videos that show you
what they look like, how they work together, and how you can
spot them on your own.

The first training video is done, and you can see it here on his
new training website:

http://www.BestTradingCourses.com/MarketMastery

Pay close attention to the chart that’s displayed early on in
the training video that outlines these 4 “profit pockets”, which
are identified by these custom methods designed to “pinpoint”
each one:

* The Profit Pipeline Method…

* The Trend Validator Method…

* The Velocity Method…

* The Countertrend Cash Method…

I’m really excited about these 4 additional ways to pull more
profit potential out of almost ANY stock chart, because
they can complement any existing method you’re currently
using…

-and that just gives you even MORE of an edge over those traders
who DON’T know about these techniques.

These training videos likely will NOT be online for long, so
make sure you watch & take notes here:

http://www.BestTradingCourses.com/MarketMastery

Good Trading,

Guy Edrington

p.s. Whenever this 35+ year market veteran releases
complimentary training videos, I PAY ATTENTION because the “on
the house” information he just “gives away” is often worth more
than many training courses you’d have to pay for. So, don’t take
this training lightly and pay close attention to what he
teaches. Your portfolio will thank you for it later

See it here:

http://www.BestTradingCourses.com/MarketMastery

Elliott Wave Trading Courses

I am releasing two of my trading courses for free.

The first one is Rapid Fire Swing Trading at
 
http://www.RapidFireSwingTrading.com

and my Simple Forex Trading Course at

http://www.SimpleForex.com

Someone asked me the other day if I had lost my mind.

No, well not yet anyway!

I wanted to give my subscribers a little something that they could
use and add to their trading library. If you are like me I can
ussualy find at least one trading idea in a course that I like.

However with many trading courses you will find trading ideas that
are real lemons. Sometimes I find you can take those trading ideas
and modify them a bit and turn them into lemonade.

Anyway have a great trading day!

Thanks
Guy Edrington

p.s. I would appreciate if you forward this email about the
free courses to other traders that you know. Thanks!

Linear thinking often utterly misses the mark in financial forecasting.
April 13, 2010

By Elliott Wave International

Let’s begin with a paradox: The one constant in our society is dramatic change. This is the main reason why projecting present conditions into the future often fails.

“If someone had asked you in 1972 to project the future of China, would anyone have said, in a single generation, they will be more productive than the United States and be a highly capitalist country?

“Project the U.S. space program in 1969, in fact many people did — there are plenty of papers you can read from 1969 to 1970 saying, well, it’s obvious at this pace we’ll both have colonies on the Moon very soon and we’ll have men on Mars…

“One could just as well ask someone to project, say, the Roman stock market in 100 A.D. I doubt if you’d have found anyone who said, well, it’s essentially going to go to zero.”

– Robert Prechter at the London School of Economics, lecture “Toward a New Science of Social Prediction.”

Examples of linear thinking may be well-known like the ones above, or they may happen in our individual spheres. Mom sees Johnny eating animal crackers Monday, Tuesday and Wednesday. The box is now empty. She buys more — but the box remains unopened for days. Johnny wants a break from animal crackers. It’s an elementary example, but a demonstration of linear thinking nonetheless.

Remove dangerous linear thinking from your investment process — download the free 118-page Independent Investor eBook. The Independent Investor eBook shows you exactly what moves markets and what doesn’t. You might be surprised to discover it’s not the Fed or “surprise” news events. Learn more, and download your free ebook here.

The socially awkward classmate you knew in high school is now the boss of the former class president who was dubbed “most likely to succeed.” Projections for both of their futures would have widely missed the mark.

SUVs are selling like snow cones on an August afternoon in Luckenbach, Texas… “let’s make more,” says Detroit. “Dramatic change” takes over in the form of sky-high gas prices followed by a recession and a social distaste for excess — and SUV sales sink.

Point is: When it comes to your money, pay attention to the pitfalls of linear thinking.

The markets of today may not resemble the markets of tomorrow.

Keep in mind the concept of dramatic change. This cannot be over-emphasized and bears repeating: Major change is not an occasional occurrence throughout history; paradoxically, it’s the only constant.

Even with the benefit of reviewing the above examples, it can be difficult to imagine, ahead of time, a future which is strikingly different from the present. But you must leave your mind open to such a possibility — nay, probability.

Elliott Wave International believes the stock market in the immediate years ahead will probably show big price changes. The foundation for that forecast is the Elliott Wave Principle, which is based on decades of market observation and proven mathematical patterns — not linear projections.

“…Elliott can prepare you psychologically for the fluctuating nature of price movement and free you from sharing the widely practiced analytical error of forever projecting today’s trends linearly into the future. Most important, the Wave Principle often indicates in advance the relative magnitude of the next period of market progress or regress.”
— Frost and Prechter, The Elliott Wave Principle

What is the magnitude of the next market period likely to be?

You may be astonished to find out if you’ve been thinking “linearly” up until now.

Remove dangerous linear thinking from your investment process — download the free 118-page Independent Investor eBook. The Independent Investor eBook shows you exactly what moves markets and what doesn’t. You might be surprised to discover it’s not the Fed or “surprise” news events. Learn more, and download your free ebook here.

Adam shall be having a TRIAL MEMBERS ONLY webinar
at which he will answer questions, and show them precisely how
he uses his Market Club to discover and trade profitable moves!

I was advised he will be closing down the two week trial on April 09th
because he has gotten a lot more folks signed up then estimated.”

So if this is of interest you still have time to test the free trial.

http://www.TheTruthAboutMarketClub.com/Webinar

The day of the exclusive webinar hasn’t been released to anyone but, as it is just for trial members but I know it’s got to be fairly soon and I don’t want you to miss the chance to speak directly with Adam!

I have known Adam for years and am convinced it’s going to be a nice webinar. He always has some great strategies on trading. So once more get your own trial going right now, for no cost, and be sure and attend the webinar…I will!

http://www.TheTruthAboutMarketClub.com/Webinar

Good Trading!

Guy Edrington

Even more Elliott Wave Information on the One per year Free trial offer of Market Club

You will find four ultra powerful technical applications available to members which you, being a free trial offer member, will have access to.

Data Central Chart Analysis, Trade Scool and Smart Scan

Another key benefit with this trial is the fact that their customer service crew are going to be offering UNLIMITED support! You can actually phone or email for an instant reply the truth is they’ve added one more support person to make sure that each and every call and e-mail get answered as swiftly as possible.

Here is that link yet again:

http://www.TheTruthAboutMarketClub.com/2WeeksFREE

I will get you more info a bit later.

Good Trading!

Bob Prechter Reveals the Most Dangerous Gold & Silver Myths
A FREE report keeps you on the right side of precious metals
March 23, 2010

By Nico Isaac

Right now, the gold BULL-ion bandwagon is more crowded than a New York subway train during rush hour. But before you squeeze your way into the crowd of passengers, you should know one thing: Those steering the course are using outdated maps based on ill-conceived notions and illusory hopes.

Where can you get better information about gold and silver? Take a look at the latest FREE resource from Club EWI, the Gold and Silver eBook. This riveting, 40-page eBook pools the recent and archived writings on the precious metals by EWI president Bob Prechter himself. The result is a comprehensive collection that spans the last four decades of gold and silver history to expose the most dangerous market myths. Off the top is this familiar bit of “wisdom” from the school of Alan Greenspan:

It is impossible to foresee the end of major trends in precious metals

BEFORE they occur. Hindsight is foresight.

NOT SO, says Prechter. Since gold and silver established their all-time record peaks in 1979-80, he has stayed one step ahead of the metals’ history-making turns. Here, Chapters 2 and 3 of the Gold & Silver eBook offer up the following excerpts from Bob’s earliest writings:

Silver

• November 18, 1979, Elliott Wave Theorist (EWT): With silver prices hovering near $20/ounce, Bob wrote: “If my wave count is valid, silver can be expected to drop back down to between $4 and $6, $3.20-$3.49 some time in the next decade.”

What actually happened: From there, silver prices embarked on a 13-year bear market that saw prices plunge into the $3.50-per-ounce area.

• March 26, 1993, EWT: “Silver is approaching a major bottom” of its decades-plus long downtrend.

What actually happened: Silver found its low in 1993.

Gold

• December 9, 1979, EWT: “After 13 years of rise, Elliott counts now suggest an important top is near in gold. The downside target is at least $282.50.”

What actually happened: While the price projection for gold’s peak was far off the mark (the Theorist cited the upper $480/ounce range), the time target of early 1980 was met with accuracy. From its 1980 peak, gold prices plummeted nearly 70% before hitting bottom in 2001.

• At the Crest of the Tidal Wave, 1995: “One attractive termination date for the gold bottom is New Year’s Day of 2001 (plus/minus a month). That way, it will have lasted a … a lean 21 years from the 1980 peak.”

What actually happened: Gold registered its low at $255 on February 20, 2001.

Now that we can see that it is possible to benefit from foresight about the end of major trends in precious metals, what about these other popular notions –

• Gold always goes up in recession and depressions.
• Gold always performs better than stocks in economic downturns.
• Gold and Silver are just beginning (as in the year 2010) their biggest bull market runs ever.

Download Robert Prechter’s FREE 40-Page Gold and Silver eBook. Is gold a simple buy-and-hold at today’s prices? The independent insights in this valuable ebook deliver Prechter’s complete analysis and help you decide how to – and how not to – incorporate gold and silver successfully into your own investment strategy. Learn more, and download your Gold and Silver eBook here.

Nico Isaac writes for Elliott Wave International, a market forecasting and technical analysis firm.

Our friends at Elliott Wave International have just announced the beginning of their wildly popular FreeWeek event, where they’ve thrown open the doors to some of their most popular paid services to non-subscribers for one week only.

You can access EWI’s intraday and end-of-day Forex forecasts right now through next Wednesday, February 10.

This unique opportunity only lasts a short time, so don’t delay!

Learn more about EWIs FreeWeek here.

Good Trading!

Guy