Thread: The Elliott Wave Theory

Elliott Wave principle is a description of how the behavior of groups of people. It reveals that psychology swings from pessimism and optimism is the new natural order modeling specific and measurable.

One of the very easiest places to see the Elliott Wave Principle is at work in the financial markets, where there is the psychology of investors changing shape price trends. If you can identify recurring patterns of prices, and find out where we have these recurring patterns of today, you can predict where we are going.

Elliott Wave analysis is a collection of complex techniques. Approximately 60 percent of these techniques are clear and easy to use. The other 40 are difficult to identify, especially for the beginner. The practical and conservative approach is to use the 60 percent that are clear.

Originally Posted by sabrinathomas

Elliott Wave analysis is a collection of complex techniques. Approximately 60 percent of these techniques are clear and easy to use. The other 40 are difficult to identify, especially for the beginner. The practical and conservative approach is to use the 60 percent that are clear.

Hey sabrina thanks for sharing this knowledge with us. I would like to know more, Could you please tell us more about Elliot wave theory.