Elliott wave Theory is a great tool for traders when the traders understand that it is only a tool to help them anticipate a big move. The dream of traders using Elliott wave is always to see the Market rallying in their direction and the Plan becoming a reality. The Market moves in sequences which is either Impulsive […]

Winning or Misery and the Market Psychology As everyone knows, the market has two sides and is very hard to forecast with a higher degree of acceptances. Market participants sometimes tend to forget the simple ideas that there are two sides trying to make money and been winners. The reality is that most traders lose […]

Traders, usually, have been told that Price is the most important aspect of the trading dynamic. We have been told to look at the charts all day and follow every swing the Market does, sometimes even dropping down to the 1 minute chart and using a range of indicators to try and decode the price action. […]

The most widely recognized market move among participants is the powerful wave three. The following is what to look for after completion of the third wave impulse. In any degree of trend either in a bullish or bearish Elliott Wave cycle,  a wave four consolidation following a third wave will usually show a three , […]

  Bias is a word many traders use in the daily trading. Bias has a very wide definition but the most important one related to trading is (mental tendency or inclination, especially an irrational preference or prejudice) . If we analyse our trading results, we can draw a line or conclusion and see a tendency. We, […]