It 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 […]

Fellow 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 […]

The 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 […]

Trading Forex usually implies taking risk and losses. It is said that 95% of traders will lose their money. That is true , 95% of the traders will lose their money. I will present to you guys, today a simple example of how and why one word will save you  a lot of bad nights […]

Good afternoon, everyone. Elliott wave principle is what I use to analyze and influence the trades I take in the  market. I really believe that the market moves in patterns based on Elliott wave and Fibonacci ratios. I have seen many times how the famous Elliot wave pattern is repeated in many cycle and to the […]