Elliott Wave Theory an effective wave to predict the next move of the Market.

[nadeem66321]

when this step apply look at your graph according to the following form . alforks learn elliott weve on the daily chart for the pair index , that you have enough models on the price index in order to work effectively upcoming economic data

[hamadaosa]

if I were to calculate the lot size let balanced by the amount of margin is to create resilience how many pips from the price movement and I used up to 1000 pips price resistance movement,, for example I have a capital of $ 20 for resistance 1000 pips then I use a lot size 0:04

---------- Post added 01-02-2017 at 05:05 AM ---------- Previous post was 01-01-2017 at 09:16 AM ----------

Ma apki bat sy bilkul agree hon. Jb ap demo account mn expert ho jaty hen aur good profit bnany k qabil ho jaty hen tb confidence automatically aa jata hy. Hamen zyada dyhan apni learning aur experience pe dyna chahye.

[ajmalgunjial]

when this step apple look at your graph according the following form alforks elliott wave on the daily chart for the pair index that you have enough models on the price index in order to work effectively upcoming economic data.

[mahera]

dear Elliot wave aik bhout hi achi indicator hai mein ne Elliot waves indicaots ko apni trading mein use kiya hai dear mujhy bus is mein just aik cheez ki samjh nhi ati k ye 3 level bnata hai market ka jo mushkil hai predict krna

[forexlive]

elliott wave theory an effective way to predict the next move of the market

the elliott wave is a complete description of how majority of trader behave or react. according ralph nelson elliott the financial market move in measurable repetitive patterns.
and you can find out those patterns and predict the next move of the market.

the elliott wave pattern( impusive and corrective waves)



according elliott the market iniatially move in five waves.this basic patterns build to form five and three-wave structures of increasingly larger size (larger degree).

Waves 1, 2, 3, 4 and 5 together complete a larger impulsive sequence, labeled wave (1). The impulsive structure of wave (1) tells us that the movement at the next larger degree of trend is also to the up side. It also tell us to expect a three-wave correction. in this case, a downtrend. That correction, wave (2), is followed by waves (3), (4) and (5) to complete an impulsive cycle of the next larger degree, labeled as wave 1. At that point, again, a three-wave correction of the same degree occurs, labeled as wave 2 in blue.

MOTIVE WAVES (impulse or diagonal)

impulse is the most common impulsive waves.

this example show you an impulsive wave and essential wave principle of wave theory.



WAVES EXTENSION

according elliott there are extension in most of impulses. extention mean an impulse is divided into five sub waves.



diagonal triangle

diagonal is most common specially in forex market. it also moves in five waves but in converging or contracting channel.
there are two types of diagonal
(1) ending diagonal
(2) leading diagonal

(1) ending diagonal
the internal structure of this move 3,3,3,3,3.
wave 4 must enter into the price territory of wave 1.
and mostly it is found in fifth impulsive wave or the c wave of abc correction.



to be continue.................

cumming up next

leading daigonal



corrective waves

zigzag
flat
triangle



regular flat
irregular flat
expanded flat

six type of triangle correction

what is double three correction?

what is triple three correction?

how to use fibs extention and retracement to identify waves target?

how to use macd to identify and count waves?

live market examples



and much more......................

are you interested in learning elliott wave analysis.
let me know ............

bro jeh sab ek techical tool hai app es kam mai koi v techical tool par zakeen mat rakhe app ek achi trading kar paye ge app ke pass kuch fundamental knownlage v honi chahi aa es layi app ko achi tara se analysis karke trade karni chahi aa bai saab ji

[shafique225]

dear frieedn jis tera say ap nian eliot graphics k zariyeh say is ko use kena batay ain maian is ay kaafi agree kerta hoon and is post say to mujay bohaat faida ahusy ha and maian is say apa say agree kerta hoon k i jaisai post say junior and new taraders ko is sya faid ahaisl keran chaiyh.

[somany]

Forex trading good is definitely the best use of purchase and sell in the foreign exchange market Alojunba.ajb be accurate only as a way to achieve that goal but we must be cautious in dealing with this area.

[mahera]

dear Elliot wave haamry chart mein 3 level support aur 3 level resistance k show karta hai mein ne Elliot wave already use kar chukka hon mujhy sirf ye bat confirm nhi hoti k jab 2nd level per market ho to phr price kahan jayegi

[1240]

most common specially in forex market it also moves in five waves but in converging or contracting channel there are two types of diagonal beautifully Elliott wave analysis work Elliott wave is i think the most power tool to predict the next move of market

[iros1]

thankyou brother for this good thread .. i m realy informed .. but i think that is not sufisant to use wave yot only for our trading we must use it with a good analyse technical and fondamental analsye with a good strategy depond our capital for swing analyse