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Impulses, Corrections, And An Explosive Rally For One Major Market

by Nico Isaac
11/17/2009 1:15:00 PM
Today we are going back to the basics and reviewing the two modes of Elliott wave developement: the impulsive (or "motive") and corrective pattern. Learn to tell these two forms apart, and the rest is a "walk" in the technical "park."
Filed Under: Commodities, impulse, correction, third wave
Category: Commodities


Wave Analysis: It's All About Fives and Threes
Elliott wave is a highly visual method.

by Vadim Pokhlebkin
4/22/2009 4:45:00 PM

At some point after reading the basics of the Elliott Wave Principle, any beginner says to him or herself that it’s time to try and count some waves. And that’s where things get interesting. The first question you’ll probably ask yourself is, where do I start?

Filed Under: elliott wave, impulse, correction
Category: Stocks


Cotton Futures: Simple Does The Trick
Simply giving your charts a quick visual evaluation can go a long way in your forecasting.

by Vadim Pokhlebkin
6/16/2008 11:00:00 PM

Just like most with technical analysis methods, you can spend days coming up with different ways of applying Elliott wave analysis in your trading – or you can try and keep it simple. Personally, I much prefer simple. Trading is complicated enough.

Filed Under: cotton futures, technical analysis, impulse, correction
Category: Commodities


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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.