A lot has been said and written about both the Democrat and Republican economic plans for a better economy. We believe in free enterprise and limited regulation, allowing humans to create and expand at their own will for the better but there is a vast difference between the two parties regarding the economic agenda. Most […]
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The Elliott Wave Principle: An Inside Look
Read MoreIt was early 1900 and a man named Ralph Nelson Elliott was forced into retirement due to a series of illnesses contracted while living in Central America. Mr. Elliott needed something new in his life and began studying the behavior of the stock market. He went over weekly, daily and hourly charts that he made […]
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Elliott Wave Labelling Cycle
Read MoreElliott Wave Labelling Cycles Grand Super Cycle : ((I)) ((II)) ((III))((IV))((V)) ((a)) ((b))((c)) ((w)) ((x)) ((y)) Super Cycle : (I) (II) (III) (IV) (V) (a) (b) (c) (w) (x) (y) Cycle […]
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How to Label Elliott Waves Using the Relative Strength Index
Read MoreFellow wavers , we always found the same question in labeling , which wave is 3 or if this is the end of the cycle or this is 5. Many questions always come, either we are waiting for a trade or we are in a trade. As a waver , I always find it hard until I […]
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Where to Place Stop Losses Using the Elliott Wave Principle
Read MoreThe stop loss always been the key to trading , this is the factor which will make you lose or make money. The are many money management rules traders used like having a ratio of at least 2.1 with the limit, where for every pip of stop loss there will be 2 pips in your […]