The Ellioticians’ Way in the Foreign Trade

Thursday, December 17th, 2009

In the Forex trading market, there is a certain principle that is usually followed by traders. This principle is the Elliot Wave principle, a principle made by Ralph Nelson Elliott back in the 1930s. This principle interconnects everything in the trends of the market, such as financial markets to fashion, politics and many more. The [...]

Is it usefull the Elliot Wave Principle in Forex?

Tuesday, December 15th, 2009

Many trading systems or even corporations apply the Elliot Wave Principle. This is because this principle bases itself on the moves of the larger trend and with the three waves opposite to it. It is applicable and can be shown in different types of charts, monthly, hourly – you name it. Elliot Waves, when used [...]