How An Experienced Trader Utilizes Our Analysis in His Trading

How An Experienced Trader Utilizes Our Analysis in His Trading
The following trading education document and accompanying chart were provided to us by longtime Premium Plan subscriber “William” yesterday.  William is a highly experienced and learned trader, and a multi-decade student of the methods of Larry Williams, Tom DeMark, and others.

How the Wave Principle Can Improve Your Trading

Every trader, every analyst and every technician has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show high-probability price targets. Just as important, it can distinguish high-probability trade setups from the ones that traders should ignore.

Why Use the Wave Principle?

In this video, Senior Tutorial Instructor Wayne Gorman uses real headlines, actual events and charts to provide a comprehensive look at what the financial media say drives the markets and why their “fundamentals” are usually wrong. And more importantly, you’ll learn why Elliott wave analysis is your best tool for forecasting the markets.

See How Elliott Waves Help You Avoid “Getting Married to the Trend”

See How Elliott Waves Help You Avoid “Getting Married to the Trend”
Most investors make the mistake of linearly extrapolating a financial trend into the future, especially at junctures when that trend is near a turn.

In everyday terms, it’s called “getting married to the trend.”

Here’s what Elliott Wave International President Robert Prechter said in his book, Prechter’s Perspective:

Seeking Certainty in Uncertain Times? Draw a Trendline | Learn How

Seeking Certainty in Uncertain Times? Draw a Trendline | Learn How
Trendlines are simple straight lines connecting two price extremes on a chart. When you draw more than one, you create a so-called trend channel and see both the future trend and trend reversals.