The Elliott Wave Theory is based on the fact that when you get a large group of people together, they act like a herd and less like an individual.
A herd mentally occurs when people are influenced by their peers to adopt certain behavior and follow trends, without centralized direction.
This...
Where To Start Your Elliott Wave Count From?
This question is often asked by beginners who are studying Elliott Wave Theory.
Beginners think that by counting waves they can deduce the next price movement.
For instance, if the trader or the analyst counts 5 motive waves, then he will expect...
Whenever you lose a trade its not because of what you know, its because of what you don't know. In my opinion really successful Forex trading is not 2 dimensional, to truly be at ease when trading Forex you must be able to see the market in a 3 dimensional way.
This means knowing just one...
In this episode of DrinkForex we have a drink with Dimitrios Charalampidis. Dimitrios is the owner and founder of Snail-Trading, a proprietary and analysis trading firm. Dimitrios has dedicated his studies to Elliott Wave Theory and educates our host on how to apply it to your own trading...
2016 was a good year for Energy Stocks as Oil & GAS price rose significantly helping the Energy sector to recover from the drop that started since 2014 . However since the recent peak early this year , Oil price stabilized in a tight range and failed to move higher before the recent 9% drop last...
AUDCAD Elliottwave Intraday View
Short term #Elliottwave structure of AUDCAD from 3/1 peak (1.025) looks to be showing an impulse structure with a nice 5 waves subdivision where Minuette wave (i) ended at 1.0198, Minuette wave (ii) ended at 1.0235, Minuette wave (iii) ended at 1.0115, Minuette...
Watch this Elliott Wave Ultimate FREE video training series by Jody Samuels. Jody Samuels is a 30 year trading floor veteran and in this Elliott Wave Ultimate video training series, she shows how to easily add Elliott Wave Analysis to your trading arsenal. In this video training series, she...
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