In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. This report takes a look at the basics of using Fibonacci ratios and Elliott Wave theory. Fibonacci ratios and ...
Three year expanded flat pattern on EURUSD is nearing completion The final wave of the flat is shaping as ending diagonal We are anticipating the diagonal to finish below 1.2288 EUR/USD Elliott Wave ...
Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...
The BIG Idea on the Short EUR/CAD trade: A fusion of Elliott Wave chart patterns and an increasing premium growing for out the money puts on EUR/CAD makes a short EUR/CAD trade worth considering. A ...
The Master Sentiment Index gave strong bull market buy signals last July and October, but the situation still seems incomplete. Bear markets normally have two down waves separated by a bear market ...