Elliot Waves are fractals. This means that each wave is made up of self-similar sub-waves that also have some relevance in the market. In... Continue reading
Everybody loses money when trading at some point. It is an unavoidable part of the business. What separates the best traders from the rest... Continue reading
A 5-wave trend can be reversed by a 3-wave countertrend that is full of corrective wave patterns in Elliott Wave Theory. The Elliott... Continue reading
Introduction to Elliott Wave Theory Elliott Wave Theory was developed by Ralph Nelson Elliott — a professional accountant who went to work trying to... Continue reading
Regular divergence is used by traders to identify signs of a possible trend reversal. You will note that you can have either a bullish... Continue reading
Intervention in the currency markets, unless it is coordinated with other central banks and/or is accompanied by other policy moves, such as a change... Continue reading