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How to Trade Using the Elliot Wave Theory?

110 ratings | 18038 views
Have you ever watched a market, either in the form of just watching price action or having a chart and watching how the prices moves, and noticed that a move up is almost always followed by a slight correction? Or a move down is almost always followed by a slight recovery? Or have you seen that prices never ever move in a straight direction forever, in whichever timeframe you look at it? This are the Elliott waves in action. Read More
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Text Comments (6)
Roger Welch (3 months ago)
Thanks for not making a 40 min video lol
Jerome Angeles (7 months ago)
Though it is a very hard trading discipline... Once you get that 1000 page book mastered. You'll get very high accuracy in your forecast. Even calling tops and bottoms to the pip.
Nick Shawn (8 months ago)
I love EW. Made a price action video about it. Pretty much I trade a divergence at wave 5 and book a small movement on the reversal. It's a pretty solid trade with a high win rate
Hallvard Viken (1 year ago)
Easier to spot the waves when used with fibonacci?
Mixed Music Arts (1 year ago)
Thanks! I'm sure it has something to consider in some trades
Stop Media Fakery (1 year ago)
Most people aren't very good with EW. They ignore the principles of it, sometimes basic, and sometimes more complex. The biggest problem though, as mentioned in this video, is that there are too many possibilities and wave counts, so it's difficult to use in real time, all of the time.

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