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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Original Technorati articles tagged “elliott wave”

• in Finance
  Elliott Wave: Extracting Extremes and Predicting next One by Neural Network
  Improved Elliott Wave model can be successfully used as an additional input for making investing decisions in modern market conditions
  by Addaptron / on Oct 6, 2011

Latest blogosphere posts tagged “elliott wave”

 

• Profitable Trading Opportunities Using Fibonacci

  
  Invest2Success Blog — Authority: 104
  Learn to Find Trading Opportunities Using Fibonacci in This Free eBook Elliott Wave International has just released a free 14-Page eBook, How You Can Use Fibonacci to Improve Your Trading. Created from a $129 two-volume set, it’s available free until February 6. Click the link above to learn more. Trading ...
  5 days ago

• weekend update

  
  the ELLIOTT WAVE lives on — Authority: 110
  REVIEW The US rally extends to three up weeks in a row. While volatility has virtually disappeared this new year the market continues to work its way higher. For the week the SPX/DOW were +2.20%, and the NDX/NAZ were +2.75%. Foreign markets also joined in, with Asia and Europe both +3.10%, as was the DJ World index. ...
  1 week ago

• Elliott Wave Update for Nifty

  
  The Third Eye — Authority: 92
  The cross of 5025 and close above it has brought me back to the planning table . The EW perspective of the Basic Counts , that of a Third zigzag in progress and we are in the wave B of that , remains as it is . Below are some Charts , Observations and Conclusions for the Short Term EW update- The wave B now ...
  1 week ago

• Elliott wave pattern - Flat (FL), Double Sideways (D3), Triple Sideways (T3), Internal structure, Rules and Guidelines

  
  Finance and Trading Made Easy — Authority: 113
  A Flat (FL)  is a three-wave pattern, labeled A-B-C , that moves mostly sideways. It is corrective, counter-trend and is a very common Elliott pattern. They differ to Zigzags in that they tend to move sideways rather than strongly up or down - hence the name “Flat”. In contrast, Zigzags (or Sharps – as ...
  1 week ago

• Complimentary Report: Revealing new perspective on China and Japan

  
  TraderInvestorDuo — Authority: 106
  Discover an entirely fresh perspective on the economies of China and Japan in an eye-opening new free report from our friends at Elliott Wave International. It weaves together the recent cultural and economic trends to give you a roadmap for … Continue reading →
  1 week ago

• HVN, JBH or Neither?

  
  TradingTutors — Authority: 108
  After what can only be seen as a tumultuous time for Australian retailers, Lachlan McPherson provides an insight into the subject of this week’s Trading Tutors Newsletter and discusses whether it is in fact all over for Australian retailers. Are these two stocks you should add to your portfolio or should we be ...
  1 week ago

• wednesday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: quiet opening then new highs, DOW +97 Overnight the Asian markets were mixed gaining 0.3%. Europe opened lower, but ended about flat. US index futures were lower overnight. At 8:30 the PPI was reported negative: -0.1% vs +0.3%. At 9:15 Industrial production was reported higher: +0.4% vs -0.2%, as was ...
  1 week ago

• Elliott wave pattern - Impulse (IM), Internal structure, rules and guidelines

  
  Finance and Trading Made Easy — Authority: 113
  An Impulse is a five-wave pattern labelled 1-2-3-4-5 moving in the direction of the larger trend.Internal structure and the most common shape for a rising Impulse, Elliott wave patternInternal structure and the most common shape for a falling Impulse, Elliott wave patternRules and guidelines for identifying and ...
  1 week ago

• tuesday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: market gaps up for third tuesday in a row, DOW +60 Overnight the Asian markets were all higher gaining 1.6%. Europe opened higher and gained 1.3%. US index futures were higher overnight as well. A monday speech from FED governor Duke: http://www.federalreserve.gov/newsevents/speech/duke20120116a.htm . At ...
  1 week ago

• Maximize Your FX Trading Online Course Jan 18

  
  Invest2Success Blog — Authority: 104
  Intensive Online Forex Trading Course Starts January 18, 2012 Its one thing to know how something works but quite another to make it work for you. Trading the worlds forex markets is no exception, which is why Im about to tell you about a very special learning opportunity exclusively for YOU, an active currency ...
  1 week ago

• holiday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: futures open lower but end higher, DOW (YM) +21 Overnight the Asian markets were mostly lower losing 0.7%. European markets opened lower but closed +0.9%. US SPX futures (ES) opened lower overnight but recovered to close +2.75, and the NDX futures (NQ) gained 10.75. Bonds lost 3 ticks, Crude rallied 90 ...
  1 week ago

• Not As Bad As It Looks

  
  TradingTutors — Authority: 108
  Despite a downgrade of major European nations, the Australian market has fared exceptionally well. A fall of just over 1% shows that markets are resilient and a flailing European economy comes as no new surprise. Lachlan McPherson Analyses the situation further…
  2 weeks ago

• Technical Analysis for Nifty

  
  The Third Eye — Authority: 92
  The Markets have moved up in last two weeks since the start of 2012. There are Bullish signals all over. Some questions like - Have we bottomed out? Is this rally sustainable ? How far can we move ahead? Whats the signal of end of this upmove? etc, may be answered by combination of Technical Methods. Below are some ...
  2 weeks ago

• Roy’s weekend video update

  
  EW Trends and Charts — Authority: 118
  Roy checks out the EUROBUXL , after a few important general observations on the market as a whole. You can visit his web-site by Clicking here!!!
  2 weeks ago

• weekend update

  
  the ELLIOTT WAVE lives on — Authority: 110
  REVIEW Another quiet and positive week, technically, in the US markets. For the third week in a row the market traded in a narrow range: 20 points, 20 points and 22 points this week. The last two weeks have been positive with new uptrends highs. For the week the SPX/DOW gained 0.70%, and the NDX/NAZ gained ...
  2 weeks ago

• friday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: pullback underway, DOW -49 Overnight the Asian markets ended the week gaining 0.9%. Europe opened higher, but closed -0.4%. US index futures were lower overnight. At 8:30 the Trade deficit was reported higher: -$47.8 bln vs -$43.5 bln, Export prices remained negative: -0.2% vs -0.1%, and Import prices ...
  2 weeks ago

• thursday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: overnight rally fades then rebounds, DOW +22 Overnight the Asian markets were -0.2%. European markets opened higher but closed about flat. US index futures were higher overnight, but began to fade after weekly Jobless claims jumped: 399K vs 372K, and Retail sales were lower than expected: +0.1% vs +0.2%. ...
  2 weeks ago

• No News Is Good News

  
  TradingTutors — Authority: 108
  A rather uneventful day on the global stage saw very little movement for the ASX 200 today. Another tropical cyclone threatens iron ore exports, and the ASX 200 inches closer to the all-important 4200 level…
  2 weeks ago

• The European Debt Crisis and Your Investments

  
  Alan's Money Blog — Authority: 92
  A look back on 18 months of analysis and reports on the European Credit CrisisBy Elliott Wave InternationalIn 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. Barely a decade later, the once-celebrated EU is in the midst of a credit crisis and its [...]
  2 weeks ago

• wednesday update

  
  the ELLIOTT WAVE lives on — Authority: 110
  SHORT TERM: consolidation day and pullback, DOW -13 Overnight the Asian markets were mixed ending the day flat. Europe opened lower and closed down 0.3%. US index futures were lower overnight. The SPX opened four points lower than yesterday’s 1292 close and tried to rally. In the first few minutes the SPX hit ...
  2 weeks ago

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