By Elliott Wave International The reason price patterns tend to repeat in the stock market is that investor psychology never changes. The Elliott wave model directly reflects these largely predictable swings in investor psychology. That’s what the...
By Elliott Wave International Often, as traders and investors we start off with an open mind about playing the field, so to speak. We watch the news, listen to friends and colleagues — and we try to...
By Elliott Wave International Nature is full of fractals. Fractals are self-similar forms that show up repeatedly. Consider branching fractals such as blood vessels or trees: a small tree branch looks like an approximate replica of a...
EURGBP Technical Analysis On May 5/2020 I posted on social media (Stocktwits/Twitter) @AidanFX “$EURGBP will be watching for possible buying opportunities.” EURGBP 1 Hour Chart May 8.2020 : The charts below was also posted on social media (StockTwits/Twitter) @AidanFX...
Divergence trading patterns can signal traders of possible trade setups. There are 2 types of divergence patterns, regular divergence and hidden divergence. Both patterns can signal a trader on which side to trade the market. A divergence pattern...
The new traders are always trying their best to secure big profits from this market. Even after learning all the details of this market, they find it hard to earn a decent amount of money. This is...
Did you know 60-80% of price action unfolds in just 5 core Elliott wave patterns? It’s true. If you can get familiar with just those five, you’ll be able to quickly scour you price charts. When one...
When it comes to trading, one common piece of advice from instructors is to trade in the direction of the trend on the daily chart. This means buying when the trend is up and selling when the...
