In this video we take a look at FTSE decline from the recent peak which visually looks to be a 5 wave move. We dissect the price action and show the viewers why we don’t see the decline as a 5 wave move and rather as a triple three (w)-(x)-(y)-(z) structure. Learn more how to […]

Double three is the most important patern in New Elliott Wave theory and probably the most common pattern in the market these days, also known as 7 swing structure. It’s a very reliable pattern which is giving us good trading entries with clearly defined invalidation levels and target areas. The picture below presents what Elliott […]

In this video we take a look at 5 wave structure. We take a look at rules to label a move as an impulse and also highlight the fact that wave 1, 3 and 5 of an impulse need to further sub-divide in 5 waves and wave 5 should provide divergence in RSI with respect […]

An Elliott Wave Flat structure is a 3-3-5 structure and has three different types: Regular Flat, Expanded / Irregular Flat, and Running Flat. In this blog, we will take a look at an example of expanded / irregular Elliott Wave structure with $GBP/USD chart. Let’s take a look at the 4 hour chart below:   […]

Poor money management is the reason why many traders end up losing even when they have access to a system with very good accuracy. In this video we talk about the importance of money management to success in trading, how to calculate the right position size, importance of risking the same percentage of capital on […]

In this educational video, we are going to take a look at (W)-(X)-(Y) Elliott wave structure which is one of the most important structures in the market. It is a 7 swing Elliot Wave structure and is commonly known as a double zig-zag but we would like to point out that every (W)-(X)-(Y) structure is […]