The Elliott Wave Theory is widely used in technical analysis today, but few know the story of the man who created it—Ralph Nelson Elliott. His groundbreaking work in the 1930s reshaped how we view market behavior, giving traders a psychological map of price movement. This post takes a closer look at Elliott’s life, his discovery,…
Both Elliott Wave Theory and Dow Theory are foundational concepts in technical analysis. While they share some core ideas about market psychology and trends, they differ significantly in structure, methodology, and application. In this post, we’ll compare Elliott Wave and Dow Theory side by side so you can understand how they work and which suits…
Elliott Wave Theory is a popular tool among technical traders, but it also receives mixed reviews. Some traders swear by its ability to predict market turns, while others view it as too subjective. So, how accurate is Elliott Wave Theory in actual trading? Let’s explore its strengths, weaknesses, and how to use it effectively. The…
Elliott Wave Theory provides traders with a framework to understand price movements in the financial markets. But to apply it successfully, you need to follow a set of strict rules that ensure your wave counts remain valid. In this article, we’ll break down the five core rules of Elliott Wave Theory that govern wave structure…
Elliott Wave Theory is a powerful tool used by technical analysts to predict market movements based on recurring price wave patterns. Developed by Ralph Nelson Elliott in the 1930s, this theory suggests that markets move in predictable cycles influenced by investor psychology. In this guide, we’ll break down the basics of Elliott Wave Theory, its…
