What's new

Strategy Elliott wave analysis

5.00 star(s) 1 Vote

abuadam1791

Member
Predict Market Direction.
Identify turning points.
Provide Guidance for Entering and Exiting Positions.
In the pictures below the description of the complete market cycle.
  • Elliott Wave the complete market cycle

    MOTIVE WAVES
    Key Characteristics
    . Five-wave structures, numbered 1-5
    . In the direction of the main trend of one larger degree
    . Wave 2 cannot retrace more than 100% of wave 1
    . Wave 3 can never be the shortest and is often the
    longest
    Elliott Wave Cycle: Impulse wave

  • Elliott Wave Cycle: Impulse wave
    EXTENSIONS

    Key Characteristics

    . Elongated impulse wave

    . Appears in either wave 1, 3 or 5

    . Often seen in wave 3 for the stock market

    . Often seen in wave 5 in commodities


    MOTIVE WAVES
    Five-Wave Structures
    . Impulse
    1. Extensions
    2. Truncations
    . Diagonal Triangles
    IMPULSE WAVES
    Key Characteristics
    . Wave 4 never enters the price territory of wave 1.
    . Actionary waves 1, 3 and 5 are motive waves.
    . Wave 3 is always an impulse wave.
    Elliott Wave Cycle: Extension
    Elliott Wave Cycle: Extension

    Elliott Wave Cycle: Extension
    Elliott Wave Cycle: Extension


    TRUNCATIONS
    Key Characteristics
    . Wave 5 does not exceed the end of wave 3
    . Contains necessary five subwaves
    . Often occurs after a strong third wave
    Elliott Wave Cycle: Truncation
  • Elliott Wave Cycle: Truncation
    DIAGONAL TRIANGLES

    Key Characteristics

    . Wave 4 almost always moves into the price

    territory of wave 1

    Waves 1, 3 and 5 are composed of three
    subwaves, not five
    . Found at termination points of larger pattern,
    indicating exhaustion of larger pattern
    . Normally has wedge shape within two
    converging lines
    Elliott Wave Cycle:Diagonal TriaglesElliott Wave Cycle:Diagonal Triagles


    Elliott Analisys is:
    The Wave Principle = Graphic of Mass Psychology
    Motive Waves = 5 Wave Structures, Main Trend of One Larger Degree
    Types of Motive Waves = Impulse, Diagonal Triangle
    Impulse:Waves 1, 3, 5 = 5 Impulse Subwaves
    (Extensions, Truncations)
    Wave 4 ≠ Price Territory of Wave 1
    Diagonal Triangle: Waves 1, 3, 5 = 3 Subwaves
    Wave 4 = Price Territory of Wave 1
    Signal = Imminent Major Trend Reversal
 

nsrajpal

Member
Predict Market Direction.
Identify turning points.
Provide Guidance for Entering and Exiting Positions.
In the pictures below the description of the complete market cycle.
  • Elliott Wave the complete market cycle

    MOTIVE WAVES
    Key Characteristics
    . Five-wave structures, numbered 1-5
    . In the direction of the main trend of one larger degree
    . Wave 2 cannot retrace more than 100% of wave 1
    . Wave 3 can never be the shortest and is often the
    longest
    Elliott Wave Cycle: Impulse wave

  • Elliott Wave Cycle: Impulse wave
    EXTENSIONS

    Key Characteristics

    . Elongated impulse wave

    . Appears in either wave 1, 3 or 5

    . Often seen in wave 3 for the stock market

    . Often seen in wave 5 in commodities


    MOTIVE WAVES
    Five-Wave Structures
    . Impulse
    1. Extensions
    2. Truncations
    . Diagonal Triangles
    IMPULSE WAVES
    Key Characteristics
    . Wave 4 never enters the price territory of wave 1.
    . Actionary waves 1, 3 and 5 are motive waves.
    . Wave 3 is always an impulse wave.
    Elliott Wave Cycle: Extension
    Elliott Wave Cycle: Extension

    Elliott Wave Cycle: Extension
    Elliott Wave Cycle: Extension


    TRUNCATIONS
    Key Characteristics
    . Wave 5 does not exceed the end of wave 3
    . Contains necessary five subwaves
    . Often occurs after a strong third wave
    Elliott Wave Cycle: Truncation
  • Elliott Wave Cycle: Truncation
    DIAGONAL TRIANGLES

    Key Characteristics

    . Wave 4 almost always moves into the price

    territory of wave 1

    Waves 1, 3 and 5 are composed of three
    subwaves, not five
    . Found at termination points of larger pattern,
    indicating exhaustion of larger pattern
    . Normally has wedge shape within two
    converging lines
    Elliott Wave Cycle:Diagonal TriaglesElliott Wave Cycle:Diagonal Triagles


    Elliott Analisys is:
    The Wave Principle = Graphic of Mass Psychology
    Motive Waves = 5 Wave Structures, Main Trend of One Larger Degree
    Types of Motive Waves = Impulse, Diagonal Triangle
    Impulse:Waves 1, 3, 5 = 5 Impulse Subwaves
    (Extensions, Truncations)
    Wave 4 ≠ Price Territory of Wave 1
    Diagonal Triangle: Waves 1, 3, 5 = 3 Subwaves
    Wave 4 = Price Territory of Wave 1
    Signal = Imminent Major Trend Reversal
I believe trading wave 3 pull backs is the way to go for newbiesOk handclapping hands
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
Elliottwave Forecast Analysis from Elliott Wave Forecast General Discussions 4
M FPW-Elliott Wave charmer Forex Indicators and Tools 2
M elliott-wave-charmer Forex Indicators and Tools 0
F General forex signals and expanding triangle elliott wave Interactive Forex Trading 6
M Elliott Wave Patterns!!! Forex Indicators and Tools 39
V VIX 75 The new wave of trading without News inteference Interactive Forex Trading 2
M Elliot Wave Oscillators Trading Systems and Strategies 0
C General Redbillion Forex Wave System Trading Systems and Strategies 2
K Redbillion Forex Wave System Trading Systems and Strategies 0
E Who know about elliot wave thoery Trading Systems and Strategies 0
S Indicator Mogalef Wave Band Index Forex Indicators and Tools 0
G Suggestion Trend lines, Support and Resistance Zone,chart patterns,Fibonacci,candle stick formation, a little of elliot wave (Forex Combination secret) Forex Education 7
R Elliot wave oscillator mt4 Forex Indicators and Tools 0
8 Strategy Elliot Wave for Advanced Users Forex Education 1
8 Strategy Elliot Wave Trading Strategy Forex Education 8
V NEW INDICATOR ELIOT WAVE MetaTrader 0
Borschov A.N. Looking for an RED Wave Oscillator 2.0 Forex Indicators and Tools 0
A elliot wave + fibonacci indicator Trading Systems and Strategies 8
H Indicator "Wolfe Wave Dashboard" Indicator Forex Indicators and Tools 8
P Strategy ELLIOT WAVE THEORY APPLICATION TO VOLATILITY INDECIES BINARY.COM Trading Systems and Strategies 6
B Elliot Wave Indicator Trading Systems and Strategies 2
R Wolfe Wave Dashboard Indicator-Predictive Reversal Pattern MetaTrader 0
M DYNAMIC WAVE INDICATOR Forex Indicators and Tools 4
M Developing Eliott Wave EA MetaTrader 2
H Elliot wave indicator General Discussions 0
Ce mag <Ask> Elliot Wave e-book Forex Education 0
G Strategy Sonic Wave Forex Day Trading Strategy Trading Systems and Strategies 3
A Strategy Wolfe Wave Dashboard Indicator-Predictive Reversal Pattern Trading Systems and Strategies 5
P Elliot wave indicator Forex Education 7
X The basics of the elliot wave principle Forex Education 1
C Indicator Wolfe Wave Dashboard Indicator-Predictive Reversal Pattern Forex Indicators and Tools 3
J Indicator [REQ] WOLFE WAVE-Robot to be cracked Forex Indicators and Tools 1
Y resume bearish wave and free gold trading signals Commodities 3
A GBP USD trading signals free and ride wave C Commodities 0
P Forex News USD Index: After A Bounce, A Deeper Wave 'C' Could Extend This Summer - BofAML Interactive Forex Trading 0
E Why does forex have to be so hard for some people especially technical analysis? MetaTrader 0
H Forex News Hotforex.com - Market Analysis and News. Forex Education 13
S Suggestion volume analysis pdf book Trading Systems and Strategies 0
W World-Signals Daily Forex Analysis Trading Systems and Strategies 0
N Forex Analysis Using Parallel and Inverse Currency Pairs General Discussions 0
R Confusing chart analysis Trading Systems and Strategies 0
FortuneP13 Technical vs Fundamentals analysis Forex Indicators and Tools 1
FortuneP13 Technical vs Fundamentals analysis Forex Indicators and Tools 0
A please anyone could share the latest elliot analysis for eurusd Forex Education 0
G How to know the Trend by simple analysis Trading Systems and Strategies 2
C Indicators for analysis General Discussions 0
C Using technical analysis for entry’s and exits General Discussions 0
X XtreamForex | Daily Technical analysis General Discussions 3
X General Technical Analysis on Gold & Silver Commodities 3
L 3 Types of Forex Market Analysis Other Topics 1
Similar threads


















































Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock