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How to Find Correct Elliott Wave Patterns in Market Charts

(Note: This video was originally recorded on August 10, 2007)
In this timeless trading lesson on Elliott wave analysis, Elliott Wave International's Senior Currency Analyst Jim Martens gives you an answer to a very important question: "If you've identified the wrong Elliott Wave pattern, how do you find the right one?" Download your FREE copy of Jim's eBook , "Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success.

Download your FREE Forex eBook now.

Want more lessons from Jim Martens? Download your FREE copy of Jim's practical ebook , "Trading Forex: How the Elliott Wave Principle Can Boost Your Forex Success." In it, you'll get 14 pages packed with Elliott wave trading essentials plus real-world, forex trading examples.


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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.