NottsBlade posted:Financial Markets - Elliott Wave TheoryThe Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call "Elliott waves", or simpl...
NottsBlade posted:NottsBlade posted:Financial Markets - Elliott Wave TheoryThe Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call "Elli...
NottsBlade posted:Financial Markets - Elliott Wave TheoryThe Elliott wave principle is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott (1871–1948), a professional accountant, discovered the underlying social principles and developed the analytical tools in the 1930s. He proposed that market prices unfold in specific patterns, which practitioners today call "Elli...
NottsBlade posted:If you look at my opening comment: Check this out and see how algorithms are trading against us!!! Total disregard for trend lines, averages and technical indicators. Turning the markets into a casino!!! Totally goes against all logic and common sense!!!I feel that algorithms are trading against us, I feel that the spikes up and down are caused by algorithms and yes I feel that the averages are being manipulated on the shorter time frames e.g. 5min, 15min, 4hr and even in some cases the monthly and I'll show you how it's done. There are 3 ways of trading the m...