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....