{"id":16173,"date":"2010-12-02T12:55:33","date_gmt":"2010-12-02T17:55:33","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=16173"},"modified":"2010-12-02T12:55:33","modified_gmt":"2010-12-02T17:55:33","slug":"simple-tools-for-competent-trades","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/12\/02\/simple-tools-for-competent-trades\/","title":{"rendered":"Simple Tools for Competent Trades"},"content":{"rendered":"<h3><span style=\"font-size: small;\">Improve your Financial Decision-Making Skills with Guidance from EWI Chief Commodity Analyst Jeffrey Kennedy. <\/span><\/h3>\n<h3><span style=\"font-size: small;\">By Elliott Wave International<\/span><\/h3>\n<p>Improve your Financial Decision-Making Skills with Guidance from EWI Chief Commodity   Analyst Jeffrey Kennedy.<\/p>\n<p>As a high school freshman, I had a friend over to do math homework                 after school.\u00a0 It was cold in the room, so I stood on my                 chair and jumped up and down to try and bat open a closed heating                 vent.<\/p>\n<p>My dad walked in and commented on the geometry problem we were                 working on, as I continued to struggle, unsuccessfully, to open                 the vent. Then, he handed me a ruler from the table and said:<\/p>\n<p>&#8220;Simple tools are what separate us from the animals.&#8221;<\/p>\n<p>Without another word, he left us to finish our homework.\u00a0 Sadly,                 I don&#8217;t remember any of the geometric formulas that I was trying                 to master on that winter&#8217;s day.\u00a0 But you can bet that I                 have never failed to reach for a simple, practical tool since.<\/p>\n<p>Here at Elliott Wave International, our technical analysts provide                 you with simple, practical tools that can help your analysis                 and trading.<\/p>\n<p>EWI Senior Analyst Jeffrey Kennedy has spent years using and                 mastering \u2014 among <em>many<\/em> other technical trading                 tools \u2014 several well-known moving average techniques. In                 the process, he has even developed his own personal moving average                 method that he calls the &#8220;Stoplight System.&#8221;<\/p>\n<p>For a limited time, the first two chapters of &#8220;<em>How                   You Can Find High-Probability Trading Opportunities Using Moving                   Averages&#8221; <\/em>are available FREE when you <strong><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa152&amp;dy=aa120210&amp;url=http:\/\/www.elliottwave.com\/club\/moving-averages\/default.aspx?code=45754%26articleid=1882\">join                   Club EWI<\/a>.<\/span><\/strong><\/p>\n<p>In these excerpts, Jeffrey will teach you about:<\/p>\n<ul type=\"disc\">\n<li>Defining the Moving Average and Its Components<\/li>\n<li>The Dual Moving Average Cross-Over System<\/li>\n<li>Moving Average Price Channel System<\/li>\n<li>Combining the Crossover and Price Channel Techniques<\/li>\n<li>The Most Popular Moving Averages<\/li>\n<\/ul>\n<p>Like any good mentor, Jeffrey&#8217;s insights are meant to help you                 become more successful and highly evolved in your endeavors.<\/p>\n<p>Here is one of the charts showing how moving averages are similar                 to the Wave Principle in signaling buying opportunities:<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/www.elliottwave.com\/images\/charts\/competent-trades.jpg\" alt=\"Tools for Competent Traders\" \/><\/p>\n<p>This chart of Corning shows how each time the market moves into                 the price channel (marked by the short vertical lines), it signals                 a buying opportunity.\u00a0 When Corning&#8217;s price breaks through                 the price channel (indicated by the short diagonal line), the                 trend has turned to the downside.\u00a0 So, we have a clear uptrend                 followed by a clear downtrend.<\/p>\n<p>Remember, &#8220;Simple tools are what separate us from the animals.&#8221;<\/p>\n<p>We have extended our special offer &#8212; for a limited time, the                 first two chapters of &#8220;<em>How You Can Find High-Probability                 Trading Opportunities Using Moving Averages&#8221; <\/em>are available                 FREE &#8212;<strong> <\/strong>through December 6th.\u00a0 <strong><a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa152&amp;dy=aa120210&amp;url=http:\/\/www.elliottwave.com\/club\/moving-averages\/default.aspx?code=45754%26articleid=1882\">Sign                 up for a free Club EWI membership and gain instant access to the                 excerpt by clicking here!<\/a><\/strong><\/p>\n<div>\n<p><em>This                     article was syndicated by Elliott Wave International and                     was originally published under the headline <a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa152&amp;dy=aa120210&amp;url=http:\/\/www.elliottwave.com\/freeupdates\/archives\/2010\/12\/01\/Simple-Tools-for-Competent-Trades.aspx%26articleid=1882\"><strong>Simple Tools for Competent Trades<\/strong><\/a>.                     EWI is the world&#8217;s largest market forecasting firm. Its staff                     of full-time analysts led by Chartered Market Technician                     Robert Prechter provides 24-hour-a-day market analysis to                 institutional and private investors around the world.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Improve your Financial Decision-Making Skills with Guidance from EWI Chief Commodity Analyst Jeffrey Kennedy. By Elliott Wave International Improve your Financial Decision-Making Skills with Guidance from EWI Chief Commodity Analyst Jeffrey Kennedy. As a high school freshman, I had a friend over to do math homework after school.\u00a0 It was cold in the room, so &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2010\/12\/02\/simple-tools-for-competent-trades\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Simple Tools for Competent Trades&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-16173","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=16173"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/16173\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=16173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=16173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=16173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}