A zigzag is the most deceivingly simple corrective pattern within the Elliott Waves Theory. And, for good reason. When we discussed corrective waves within Elliott Theory, we introduced the notion…
The concept of the x-wave is often misunderstood in Elliott Waves Theory. Elliott’s intention was to create a logical process to explain market moves; all of them! He started by…
Every central bank has a mandate that revolves around price stability. In economic terms, price stability means inflation is being kept at bay. Studies show that for healthy and constant…
Volume has always been an essential indicator due to what it illustrates: the actual buying and selling that takes place. In trading financial markets, it always makes sense to interpret…
Most oscillators have two areas of extremity that show overbought and oversold levels. Conventional wisdom dictates that investors buy when the price reaches the oversold area and sell when the…
Think of this image when you are trading the financial markets. Why is an arm wrestle an important image to help with your trading? Well, this idea underpins currency trading.…
Triangles are one of the first patterns documented by technical investors. When trading the stock market in the United States, investors noted that specific patterns tend to form before the…
Andrews’ Pitchfork may be considered an excellent technical indicator and one of the trading tools most overlooked by retail investors. Investors either don’t understand how to use it or don’t…
One of the most underrated, but most valuable pieces of research you can do is to actually read central bank statements. Now, we know the temptation to go with the…
The ADX is one of the few trend indicators that appears in a separate window and measures the strength of a trend. Many investors confuse it with an oscillator. Listed…