Tag: fractals

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 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 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....