In this technical blog we’re going to learn how to identify the most popular among the Elliott Wave patterns: 5 wave Impulsive structure. We’ll get through all conditions which must be met for this popular structure. Many wavers believe that market is always trending in 5 waves, which certainly isn’t the case. Nowadays most markets […]

For the last few months EWF members knew that NZDUSD has been in bearish cycle, which has given us a lot of nice selling opportunities. Suggested strategy was selling rallies in 3,7 or 11 swings. Let’s take a quick look at H1 Elliott Wave charts from the 25. May 2015 to see how we were guiding […]

Besides technical characterists, Elliott wave analysts are also familiar with individual wave personality, which typically reflects the psychology of the moment. In the picture below you can see an example of the rising trend – 5 wave impulsive structure. Wave 1 is rarely obvious at its inception . Traders believe previous trend is still strongly […]

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 […]

In this article, you will learn how to identify and trade Elliott Wave Extensions within impulsive structures. One of the core rules of Elliott Wave Theory states that in a 5-wave structure, Wave 3 cannot be the shortest. However, this doesn’t always mean Wave 3 must be extended. While extensions most commonly appear in Wave […]

  This is a non-technical blog that contains some facts and precious truths. These 5 tips could forever change your trading perspective in a better way. Let’s take a look at them: 1. Think about the risks. Before entering the trade, you should be aware that any trade could end up being negative one, regardless of […]