Does The Elliott Wave Theory Work In Practice?
Have you been in a situation where you’ve put in weeks and months of effort to study a trading strategy, only to find out...
The Elliott Wave theory is all about identifying people’s emotions, which vary from extremely pessimistic to extremely optimistic. But this transition is not random or chaotic. It forms Elliott Wave patterns, which are repetitive. If one knows how the wave pattern looks like and at what stage it is right now, he could be able to predict future developments. This is the true value of Elliott Wave analysis in trading.
Have you been in a situation where you’ve put in weeks and months of effort to study a trading strategy, only to find out...
Have you been in a situation where you’ve put in weeks and months of effort to study a trading...
Everyone is an expert with the benefit of hindsight. It is easy to give a successful trade as an example of how things should...
Everyone is an expert with the benefit of hindsight. It is easy to give a successful trade as an...
One of the first Elliott Wave patterns we devoted an entire lesson to was the ending diagonal. It is relatively easy to recognize and...
One of the first Elliott Wave patterns we devoted an entire lesson to was the ending diagonal. It is...
Probably the strongest argument critics use against the Elliott Wave Principle is that traders could often come up with two or more sometimes equally probable...
Probably the strongest argument critics use against the Elliott Wave Principle is that traders could often come up with two...
In “Expanding Flat and How to Avoid Its Traps” we examined probably the most common type of flat correction the markets could offer. It...
In “Expanding Flat and How to Avoid Its Traps” we examined probably the most common type of flat correction...
Every trader with enough experience in the market usually comes to the conclusion, that he needs a system of rules to go by. Rules,...
Every trader with enough experience in the market usually comes to the conclusion, that he needs a system of...
Can you guess which country has the best-performing global stock market so far in 2015? Germany? Japan? USA? Nope. The Business Insider came up...
Can you guess which country has the best-performing global stock market so far in 2015? Germany? Japan? USA? Nope....
As a rule, you should never give up on a trade, if it still has the potential to develop in your favor. But how...
As a rule, you should never give up on a trade, if it still has the potential to develop...
“The support level is an area below the current price, which has prevented it from falling further in the past. That is why we...
“The support level is an area below the current price, which has prevented it from falling further in the...
Corrections are movements against the larger trend. So, when the correction is over, the larger trend should resume. Those of you, who are familiar...
Corrections are movements against the larger trend. So, when the correction is over, the larger trend should resume. Those...
In our Education Section there is a lesson, called “Elliott Wave Patterns”, where you can learn in details about all three variations of the...
In our Education Section there is a lesson, called “Elliott Wave Patterns”, where you can learn in details about...
The Elliott Wave Principle gives best results only when it is correctly applied. Furthermore, it does not provide mechanical signals like most other technical...
The Elliott Wave Principle gives best results only when it is correctly applied. Furthermore, it does not provide mechanical...
If you think that corrections are movements against the larger trend, you are absolutely right. But if this is true, why should you expect...
If you think that corrections are movements against the larger trend, you are absolutely right. But if this is...
Truncated fifth waves are among the trickiest patterns in the catalogue of the Elliott Wave Principle. The worst about them is that you cannot...
Truncated fifth waves are among the trickiest patterns in the catalogue of the Elliott Wave Principle. The worst about...
It is not difficult to get emotional about trading. And as many of you probably know, emotions are rarely helpful, when you have to...
It is not difficult to get emotional about trading. And as many of you probably know, emotions are rarely...
In conventional technical analysis they call it “wedge”. In Elliott Wave analysis we call it “ending diagonal”. Both terms imply the same thing –...
In conventional technical analysis they call it “wedge”. In Elliott Wave analysis we call it “ending diagonal”. Both terms...
In order to make a reliable analysis, based on the Elliott Wave Principle, one has to be able to find the different patterns that...
In order to make a reliable analysis, based on the Elliott Wave Principle, one has to be able to...
In terms of position of occurrence, wave structure and consequences the expanding triangle is the same as the regular contracting triangle. It can occur...
In terms of position of occurrence, wave structure and consequences the expanding triangle is the same as the regular...
Leonardo Fibonacci (1170-1250) is an Italian mathematician, founder of “the Fibonacci sequence” of numbers, where each number is the sum of the previous two:...
Leonardo Fibonacci (1170-1250) is an Italian mathematician, founder of “the Fibonacci sequence” of numbers, where each number is the...
Technical analysis in general is a method of market forecasting, based on pattern recognition. The Elliott Wave Principle is a more specific method, which...
Technical analysis in general is a method of market forecasting, based on pattern recognition. The Elliott Wave Principle is...