Elliott Wave Theory is a great analytical tool to identify cycles and chart out a potential path in different time frames. Many traders believe that every single Elliott Wave Chart update represents a trading signal that they can trade. However, this is not really the case. Not every situation and count and path represent the […]

Throughout interaction with many clients over the years, some of the most common questions we receive are: What is the winning rate of your trading signal? How many pips does the signal produce per month? How often do you send your trading signal? In this article, we will try to define what a profitable system […]

In Elliott Wave, there are several different corrective structures. Two of the most common corrective structures are zigzag ABC and double three WXY. A zigzag is a simple correction that all wavers is familiar with. The subdivision of ABC is 5-3-5, as the graph below illustrates. ABC Zigzag Structure The Challenges of Trading ABC Patterns […]

Hello fellow traders.  In this technical blog we’re going to take a quick look at the Elliott Wave charts of Hang Seng ( $HSI-HKG), published in members area of the website.  As our members know, the index is showing impulsive bullish sequences. We’ve been calling rally in Hang Seng , recommending members to avoid selling […]

In this technical blog we’re going to take a quick look at the Elliott Wave charts of  Dow Jones ( $YM_F)  published in members area of the Elliottwave-Forecast . As our members know, Dow Jones  is showing bullish sequences in the cycle from the March 18115 low.  Recently we got short term pull back that has […]

Leonardo Pisano, widely known as the Fibonacci or Fib Man, was a great mathematician of his time. As a young man, Fibonacci was always fond of numbers and studied mathematics extensively. In 1202, Fibonacci came up with a weird number sequence that was derived from Hindu-Arabic numeral systems. Later, the sequence was referred to as […]