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This is a Subscriber Area. Only Subscriber can see full contents on this page!

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As you can see that Forex is moving in recognized pattern and you can apply Elliott Wave analysis to help you trade much better!


Elliottwave Idealized Diagram
  At its core, Elliott wave analysis is all about simple “fives and threes”: Just look for five-wave impulses followed by three-wave corrections, as the idealized diagram shown to the left. And just see which way the “fives and threes” is moving, so we know it is up-trending OR down-trending markets.

On the ElliottWave idealized diagram you see that it consists of minor wave to build a bigger wave, this is a benefit you can apply to multiple timeframe. Think of it as a jigsaw puzzle game. Imagine that wave 1 and 2 is in a daily chart (bigger picture), you see only a few bars(candlesticks) on the daily chart. To see its minor waves you will have to zoom into the intraday charts (240 or 60 minutes chart, etc) and you'll see the minor 1,2,3,4,5,A,B,C wave to confirm the moving trend. We provide you with Daily Charts and Intraday Charts for this purpose. To trade better, you've to understand the big picture by looking at the Daily Charts update, and during the day you just look in the Intraday Charts update for the short-term move.

Please note that the "Intraday Charts" and "Daily Charts" are available for Paid member only.
If you joined as a Free member you can only access "Elliott Wave Patterns" and "Archived Charts".
All charts update in GMT time zone!


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