Elliott Wave Theory - Your questions discussed

[Alastair 114]

Over the past 18 mths more and more traders in the BBT room have been asking about the Elliott Wave Principle.  I am starting this thread to help expose interested persons and help solve any problems that BBT traders may have with EW Principle.

Personally I have been using EW since 2008, full time,  and it has helped with my ANALYSIS of the markets, any market, any chart with a large number of players.  It was not easy, as EW is an art, is has rules and guidelines which must be followed and it will usually (high probability) put u in the right direction of the market.  Remember it is an ANALYSIS tool, mainly, not a trading tool.

I will update this thread as the questions roll in, and provide my insights for the community to learn together.   So shoot......... pls no blanks

 

A good starting point is "Elliott Wave Principle: Key to Market Behavior by Robert Prechter, A.J. Frost" .   A free copy is floating around the internet some place.  It may even be on Robert Prechter web site,  https://www.elliottwave.com. It is generally a very easy read, the first few chapters r the hardest but simple simple after u get past those, IMHO.  I got my copy free from his website many moons ago.

Try this link. May need to create a free account. https://www.elliottwave.com/free-reports/elliott-wave-principle/#1-1

Edited December 24, 2020 by Alastair

[annealden 7]

thanks