meta trader
The Wave Pattern
Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that he called "impulsive," followed by a 3-wave "corrective" sequence. Impulse waves are labeled numerically 1 through 5, corrective waves are labeled A, B and C, as per the following example:
Published in
FOREX Technical Analysis
- What is your approach to trading in periods between news releases?
- Do you trade in these times of more gradual market activity, and if so, what are your rules for entry and exit?
- Which charts (1 min through monthly) do you refer to for entry and exit in these periods and the relevance of each?
Published in
Forex Market Introduction














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