Decline to 17732.04 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17973.07, wave b ended at 17910.15, and wave c of (w) completed at 18205.23. Wave (x) pullback is currently in progress towards an ideal target of 17843.94 – […]

In this video, we will look at the Flat Elliott wave structure, and we will take a look at an example of the Regular Flat. Flat is a corrective 3 wave structure labelled as ABC. Internally it is a 3-3-5 structure. Wave A is subdivided into 3 waves, wave B is subdivided into 3 waves, and wave […]

Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily from 12:30 PM  EST (5:30 PM BST), join Dan there for more insight into these proven methods of trading. EURGBP  Trading […]

There are four psychological kinds of emotions that drive most individual decision making in any market in the world: Greed, Fear, Hope and Regret. The psychology behind trading is the force that makes the moves in the market. Besides a good Elliott Wave analysis and proper money management, trading psychology is crucial for being successful […]