Tag: Elliot Wave
Using Elliott Wave Theory to Trade Forex – Part 7
In the last part, we looked at an example of how the Elliott Wave Theory could be used in a practical trading situation. Today,...
Using the Elliott Wave Theory to Trade Forex – Part 6
Today, we will be looking at how the Elliott Wave Theory can be practically applied when trading forex. In order to do this, we...
Using the Elliott Wave Theory to Trade Forex – Part 5
In order to use the Elliot Wave Theory to trade forex - or indeed any other financial instrument - you need to be able...
Using the Elliott Wave Theory to Trade Forex – Part 4
As we mentioned previously, Elliott waves are fractals, with each wave being made up of lots of smaller versions of itself. For example, in...
Using the Elliot Wave Theory to Trade Forex – Part 3
In the previous installment, we looked at the five impulse waves that make up the uptrend of a typical Elliot Wave pattern, describing the...
Using the Elliot Wave Theory to Trade Forex – Part 2
One of Mr. Elliott's key findings is that a trending market tends to move in what he describes as being a 5-3 wave pattern....
Using the Elliot Wave Theory to Trade Forex – Part 1
Although markets, by their very nature, are chaotic and unpredictable, this hasn't stopped countless mathematicians, accountants, scientists, and traders from trying to discern order...