Elliott Waves: ZigZag patterns explained

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…

Elliott Waves: Introducing the X-wave

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…

Inflation vs deflation

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 in the forex market

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…

When triangles reverse a trend

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 explained

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…

ADX: What it is and how to use it

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…

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