elliott wave

The Elliott wave principle is an advanced discipline of financial market technical analysis. Ralph Nelson Elliott (1871-1948) revealed his wave principle to the public through Financial World magazine in 1939. Elliott identified and named 13 patterns that recur in the financial markets. These patterns connect and combine in a limited number of possibilities to form larger versions of the same patterns, and conversely, can be deconstructed (in a smaller time frame) to reveal smaller versions.

These 13 patterns repeat with variation in time and amplitude during an eight-wave cycle that consists of five waves progressing in the direction of the trend, with waves two and four being counter-trend reactions, followed by three counter-trend waves, with wave two reacting in the direction of the trend.

In 1940 Elliott further discovered that the Fibonacci sequence and its corresponding ratios were the mathematical basis for the wave principle and governed the proportional relationship between waves.

Robert Prechter of Elliott Wave International rescued the Elliott wave from obscurity in the early 1970s and is the world's foremost authority on the principle.

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Latest blogosphere posts tagged “elliott wave”

• Corrections Close to Completion (by cantabnomad)

  
  Slope Of Hope with Tim Knight — Authority: 616
  To continue with the theme of foreign (to US residents) markets, here is my take on the Italian MIB index. Italy is eurozones third largest economy. BOTTOM LINE: Corrections higher in risk and related assets are likely very close to completion. While major US indices advanced about 1.5% higher than expected, EU ...
  1 day ago

• European Indices (by cantabnomad)

  
  Slope Of Hope with Tim Knight — Authority: 616
  Good time of the day, Slopers. It is perhaps a testament to importance of the US to global markets - absolute majority of financial blogs out there focus on major US indices, such as SP500, Nasdaq, DJI and Russell. As I am based in Europe, I mostly trade EU indices, which I also often find clearer from a charting ...
  2 days ago

• Finance’s Euphoria: The Epilogue — What Record High Dollar Volume of Trading Says About Confidence

  
  Veritas Vos Liberabit — Authority: 437
    November 6, 2009 The following article was adapted from the November 2009 Elliott Wave Financial Forecast and reprinted with permission here. Until Nov. 11, you can read the rest of this brand-new report for free, during Elliott Wave International’s FreeWeek of U.S. forecasts. Learn more about FreeWeek, ...
  4 days ago

• A Look Into Record High Trading Volume...And What It Says About Investor Confidence

  
  Commodity Bull Market — Authority: 420
  The following article was adapted from the November 2009 Elliott Wave Financial Forecast and reprinted with permission here. Steve Hochberg and Pete Kendall produce stellar analysis for Elliott Wave International - two of my favorite guys in the biz - here, they take a look at trading volume, and what it says ...
  4 days ago

• Prechter: Wall St. Setting Investors Up

  
  GreenLightAdvisor Views — Authority: 436
  Robert Prechter, Elliott Wave Theorist, tells Yahoo TechTicker: “Everybody who’s saying ‘buy stocks’ today or ‘buy real estate’ is, I think, setting up people to get really hurt,” says Prechter, who believes the bear market rally is reaching a major top. “We had a great opportunity at [S&P] 667 ...
  5 days ago

• How To Use elliot wave forex charts part1

  
  FOREX TRADE ALERT — Authority: 429
  masterforexuk asked: For Private and Online Forex Training Visit http://www.masterforex.co.uk forex charts   Oil Elliott Wave Analysis Trap – Forex News – rated by the Forex Factory community, submitted by Forex news providers and forex analysts across the globe. Dollar Index, ...
  6 days ago

• Get a FreeWeek of Robert Prechter’s Forecasts (7 Days, 4+ Letters, 100+ pages)

  
  Alan's Money Blog — Authority: 121
  Dear readers, Eight months ago, the stock market began a very large rally — the gains exceeded 60% in the S&P 500. Everyone knows this. But here’s a fact that has gone virtually unreported: The vast majority of those gains (about 90%) were from March through August . By comparison, ...
  6 days ago

• A Week of Free Planning and Investment Resources

  
  FutureJacked — Authority: 418
  Elliott Wave International is hosting another "Free Week" and giving total access to their financial forecasting products for the next full week. These are not "teaser" reports, but the same stuff they charge hundreds of dollars to access. Most of you already take advantage of their work, so you know the score. If ...
  6 days ago

• Robert Prechter’s Elliott Wave Free Week

  
  joerobertson.com — Authority: 123
  Eight months ago, the stock market began a very large rally — the gains exceeded 60% in the S&P 500. Everyone knows this. But here’s a fact that has gone virtually unreported: The vast majority of those gains (about 90%) were from March through August. By comparison, September and October were sluggish. Yet ...
  6 days ago

• This S&P 500 Chart Tells the Two-Part Truth

  
  Coaching Tip: The Leadership Blog — Authority: 122
  Have you seen or read ANYTHING like this in the past two weeks? The following text is courtesy of Elliott Wave International. Until Nov. 11, EWI is allowing non-subscribers to download their latest market analysis and forecasts for free, including Robert Prechters latest Elliott Wave Theorist and Steve ...
  1 week ago

• See for Yourself: This S&P 500 Chart Tells the Two-Part Truth

  
  Veritas Vos Liberabit — Authority: 437
  . Have you seen or read ANYTHING like this in the past two weeks? November 4, 2009 By Robert Folsom The following text is courtesy of Elliott Wave International. Until Nov. 11, EWI is allowing non-subscribers to download their latest market analysis and forecasts for free, including Robert ...
  1 week ago

• Individuals Swimming in the Mass Mood

  
  FutureJacked — Authority: 418
  Here at FutureJacked, we burn many a byte discussing the nature of "mass mood" or "social mood" and the huge waves that, according to the socionomics model , propel humanity along the herky-jerky path of excess and retrenchment that can be mapped out using the Wave Principle . Theory and the many useful action ...
  1 week ago

• Calm Before the Coming News Storm

  
  Wall Street Pit — Authority: 647
  Market is beginning another sideways move, most likely to digest a flurry of economic news this week, including the FOMC meeting Wed. Both the USD and Dow have similar patterns - a flat correction before the next sharp move. This can be counted a number of ways - the easiest is that after a sharp...
  1 week ago

• Does News Drive the Markets? A Closer Look at This Old Wives Tale

  
  Commodity Bull Market — Authority: 420
  With the markets at a potential inflection point (an inflection point down, in my humble opinion), I thought itd be fun and instructive to revisit a topic weve noodled on a bit lately. Does News Actually Drive the Financial Markets? Its common knowledge that increasing earnings drive ...
  1 week ago

• Elliott Wave according to Mortie (by Boston Wealth)

  
  Slope Of Hope with Tim Knight — Authority: 616
  ( Editors Note: as long as were on the topic of Elliott Waves, I encourage you to click on the Conquer the Crash advertisement in the right column; this second edition of this book promises to be awesome. Its one of my favorites. - Tim ) Id like to introduce Mortie who is an author at our site, "Value Of Perfect ...
  1 week ago

• Times To Trade

  
  Forex - Foreign Exchange Blog — Authority: 149
  Trading the OTC (over the counter) currency markets offers an opportunity to hedge stock and bond investing, but really is more of a traded market following the ebbs and flows of global commerce than it is an investment arena to plan retirement from. Getting to know six major currency pairs…Read the original here: ...
  1 week ago

• Fractal Hunting at a Crossroad (by nummy)

  
  Slope Of Hope with Tim Knight — Authority: 616
  Folks, sorry about the color scheme in some of my charts.  I am partially colorblind in one eye (have trouble seeing green ... no pun intended) so that is why my bars are white or black.  Anyway, Id like to discuss my trader psychology of the moment.  At the end of a fairly successful week, I find myself in cash ...
  1 week ago

• The Recession is Over? Robert Prechter Says…

  
  joerobertson.com — Authority: 123
  Many are touting that the recession is over and the stock market crisis is behind us…Really? Let’s take a look at history and see if it can shed some light on the current state of the economy.Robert Prechter’s last Elliott Wave Theorist has revealed what has been forgotten and Nico Issac put together a nice ...
  1 week ago

• Black Monday: Ancient History Or Imminent Future?

  
  Veritas Vos Liberabit — Authority: 437
  October 29, 2009 By Nico Isaac The following article includes analysis from Robert Prechter’s Elliott Wave Theorist . For more insights from Robert Prechter, download the 75-page eBook Independent Investor eBook. It’s a compilation of some of the New York Times bestselling author’s writings ...
  1 week ago

• The Big Picture (by Pat McNeill)

  
  Slope Of Hope with Tim Knight — Authority: 616
  Hi, I’m Patand I’m an Elliott Wave Guy. If you don’t know about Elliott Wave theory I recommendthat you go to the library and read the first four chapters of ElliottWave Principle by Frost and Prechter. It should just take you a few hours. Thesefour chapters summarize the theory in its entirety. Do not research ...
  1 week ago

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