This is by far the simplest elliot waves pattern explained for beginners. Thank you so much

@ptridman8521

6 ай бұрын

GAGAG

Thank you so much for this video. So many other KZread videos just don't bother to go into the level of detail that you do. You definitely gained another subscriber.👍👍

Thanks a lot. How do we identify the turning points that defines the start/finish of a wave? Think this is important for apply all the theory into practice. Thank you!

Thanks for the simple explanation of the Elliot Waves. Easy to understand. If you can combine it with charts & explain how to label the wave patterns it will be very much helpful. Thanks once again for the beautiful presentation and explanation.

Thank you for writing a script! Listening to people say "ummm" for an hour cause they never considered how they were going to explain it gets tiring. Thanks so much!

This is quite an interesting and informative video. Are you the type of person who will read as much as possible about potential investments and ask questions about them? If so, maybe you don't need investment advice. But if you're busy with work, kids or other responsibilities, or feel like you don't know enough about investing on your own, then you may benefit from professional investment advice.

@MillionaireGoldDealer2

Жыл бұрын

You sound so sure about this, can you tell me more about it?

@Smith.ash2

Жыл бұрын

Investment professionals offer a variety of services at a variety of prices. It is worth comparing stores. You can get investment advice from most financial institutions that sell investments, including brokerage firms, banks, mutual funds, and insurance companies. You can also hire a broker, investment adviser, accountant, financial planner, or other professional to help you make investment decisions. Some financial planners and investment advisors offer a comprehensive financial plan, evaluating all aspects of your financial life and developing a detailed strategy for reaching your financial goals.

@Smith.ash2

Жыл бұрын

Remember, there is no such thing as a free lunch. If professional financial advisers are working for you, they get paid for their efforts. Some of their rates are easier to see right away than others. But, in all cases, you should always feel free to ask questions about how and how much your investment professional is paid. I am happy that I met Mr. Sherma Williams at a seminar and since then my life has changed.

@King_jacky

Жыл бұрын

Wow, I came across this comment after watching this video and I'm glad to see people talking about my manager this way. I have made a lot of profit from him since I started investing with him. I am a living testimonial that Sherman Williams Trading is good when it comes to investing.

@Bella.Grasso

Жыл бұрын

How can I contact your manager? if you don't mind sharing. I am interested in investing with him.

Excellent Video, Love the way you explain difficult concepts in such an easy to understand way! On a sideways move once you determine whether it is Bullish or Bearish can you rely on that as confirmation of the direction of the breakout to come?

perfect. thanks alot sir

thanks. good primer

Great lesson!

One of the best videos about fibonacci

Thanks for the EW-Education! 🤠👩‍🎓👨‍🎓

@ElliottWaveOptions

2 жыл бұрын

You bet!

awesome video.. do you recommend any mt4 indicator that follows your knowlege of elliot wave?

excellent video . Thanks

Great vid. Thanks!

@ElliottWaveOptions

2 жыл бұрын

Thank you!

Thank You

Wow thank you! Your awesome!

@ElliottWaveOptions

2 жыл бұрын

No problem!

big big thanks

Thanks 👍

Thanks a ton.

@ElliottWaveOptions

2 жыл бұрын

You're Welcome!

Thanks.

Need more content like thisssss

thank you for this video

Thank you Sir

Absolutely fabulous video. Thank you so much for this wonderful explanation. I just set two limit sells based on what I learned here and I'm amazed by how close I came to the high for the 4 hour time frame. I want to watch this video a few more times. I still have a lot to. learn. Plus, I've been a Fibonacci geek for decades-- I don't care who knows. This stuff really speakes to me. You did a most epic job here. 👍😁😎

Nice video i ever seen about elliot principle, thanks dear...........

I need more on these topics please! Connectors, 1212’s, wxy’s, and when and where they all happen in the cycle. Also how yo use rsi divergence with determining what wave we’re in or anything rsi can tell us. Thank you!

@dashfo01

Жыл бұрын

There is always divergence between wave 3 and 5. The price will of course go up but the momentum will go down

Very nice & quite informative, primarily knowing basic of Elliott wave theory & it's relationship with Fibonacci.Thaks a lot.I would like to know,how it is use in index option trading.

Really educational video

Elliot wave always seemed so difficult. This is great

Looking at Bitcoin(BLX) on the macro. What does Elliot see?

Any indicators for Elliot waves to defect it on Trading view automatically

@19:05 why is the 61,8 much higher than before the 61,8? u took the same points for fib

Any relevant books on the matter?

Perhaps Fibonacci also comes in handy for the "time" component... 🤔

How to enter when price is over the levels of elliot wave and we are late

Stocks go up and stocks go down. And you can make a zig zag to look like you knew it was going up or down. Got it!

This is great! I'm 3 months in to Elliot Wave, and I now realize how little I actually know about technical analysis! Lol. I mean, wow! The rabbit hole is deep. I feel like elliot wave, fibonacci, and good risk management are the real life "infinite money glitch". Lol. Thanks Man!!

Good

Simply outstanding explanations!

@ElliottWaveOptions

2 жыл бұрын

Glad you think so!

Sir, Do you use or recommend auto support/resistance indicator & if so what time frame S/R levels to execute intraday(but not day trading) orders in forex. For What time frames S/R-I would think it should be 1H or 4H time frame S/R. One hour is short enough but still meaning full enough data--and it it better to use 15 minute chart to watch price action at A given S/R(BECAUSE 5 MINUTE CANDLES GIVE TOO MANY FALSE SIGNALS) ?. If S/R level appears on more than one time frame, that level becomes even more RELAVANT.? Say daily trend was up overall(prices marked up now)- but daily candle now is down over last 2 days or so--- then look for resistance on 4H chart & go short-here 4H resistance level would be A good level (It has decent load of useful data--even institutions/bog boys)- Sir, I seek your comments/wisdom. And I Thank you.

That was one info packed awesome video! Thank you for taking time and sharing your knowledge.

@ElliottWaveOptions

2 жыл бұрын

Glad it was helpful!

Something clicked. I always thought this was so hard to understand but take little bits at a time 🔥🔥🔥

Comprehensive video have ever watch

Good Lad ! H

@ElliottWaveOptions

2 жыл бұрын

Thanks!

How to identify the start of a wave

Really educational video on EW and also well explained, thank you. But I would recommend you to use more a common chart Design next time. The charts you are using makes it hard for the watcher be sure they have identified the right dip or high of the pattern. Beginers will use the tradittionl green red candle sticks so it would be easier to rely on.

@user-yo8pw8wd3z

2 жыл бұрын

you can clearly see the motive moves reverse into a corrective moves regardless of the color of the charts.

@prankstv4639

2 жыл бұрын

@@user-yo8pw8wd3z yes...people should learn to trade what they see and not colours...trading is something you should be able to do even with black candlestick all over the charts

Thank you!!!

@ElliottWaveOptions

2 жыл бұрын

You're welcome!

Are we on wave 4 in the daily or weekly Bitcoin USD chart?

@guycompton

2 жыл бұрын

Daily--Could be a wave 4 correction on a downward trend. Wave 2 went slightly over the 61.8% fibs and took 11 days to form so Wave 4 should be shallow and end will be less than 11 days or 22ish days. Current w4 needs to break bottom of W1, $47395 for this to have been an ABC(Wave 3orC went slightly over 123.6%) If W1 low not broken then it will be a Wave 5 down to $27762

@guycompton

2 жыл бұрын

Sorry no idea why it changed from $$

@voiceguy3635

2 жыл бұрын

In otherwords--wtf?

@guycompton

2 жыл бұрын

@@voiceguy3635 just means you didn't watch the video or learn EW

@voiceguy3635

2 жыл бұрын

"Could be" doesn't cut it.

A great lesson! Thanks a lot!

Thanks man!

Proof of the existence of a creator.

thx a lot really helped me

is xrp in a eliot wave?

19:00

Thank you for your effort wish you all the best

Thank you for good knowledge

great stuff. thanks

Is this not truly fitting data to the concept and not fitting a pattern to the data?

Fractal

Awesome introduction vid I took lots of notes I’m ready for more

Congratulations..good video!!!

Thank you for this education. And for your time in providing it. I have one of your older books, and is an interesting read on delta/gamma of options.

@mindsetondollar4246

2 жыл бұрын

(+1•4•8•0•4•4•7•1•0•0•3)

@ElliottWaveOptions

2 жыл бұрын

Thanks for sharing!

7:44

Amazing, thank you so much👍🏼

@ElliottWaveOptions

2 жыл бұрын

You're very welcome!

Wow

Can there be 6 waves or more?

@ElliottWaveOptions

2 жыл бұрын

No - just 3 or 5 wave patterns unless you get to really complex counts. What you are probably seeing is just waves of a different degree.

What an excellent video.

Rob, you packed alot of effective nuance into your general "introduction" to EW. Enjoyed your time analysis clock on the 4th wave completion versus 3rd wave. Those type of "tricks of the trade" measurements are remarkably effective and fascinating in framing the trade and identifying location and timing in the wave. You, or your viewers, might find useful the following EW trader tool uncovered by luminary researcher and prof. trader Michael Jenkins. As a side note, he must be a geometric savant. Jenkins' insight was to take 3 times the first wave distance in price, then take 2 times the wave 2 distance. Subtract the 2 times distance calculation of wave 2 from the higher 3 times calculation of wave 1 and add resulting calculation to, wave 0, starting base, for a projected EW price target. Gives you a clear target to aim for in the fog of the trading war. Dom Perignon cheers.

@jupitertrading2212

2 жыл бұрын

Can you tell in which book he mentioned this? It would help to read whole of it

@spencerwinston4334

2 жыл бұрын

@@jupitertrading2212 Michael Jenkins, The Geometry of Stock Market Profits, gives you a fascinating deep dive into the spatial dimension of charts and angular relationships tied into EW. Other more "advanced courses" from Mr. Jenkins build on this book--more icing on the cake so to speak. Hope you find this book as fascinating and riveting as I did in just appreciating the mathematical structure of the market all laced in of course with the brilliant EW sentiment gauge. Once you see the geometry of market pulses and waves, you will feel like a combination of Pythagoras savoring the aesthetics of angles and arcs along with on a more mundane level, like Minnesota Fats playing billiards as a pool champion seeing a few moves ahead on the billiards table. Best of luck in your new geometric odyssey with Michael Jenkins, it's worth the effort if you appreciate geometric art patterns, profit targets, and first-class risk management. Stay in touch and Dom Perignon cheers for the holidays. The truth shall set us all free on the market level as well as on higher spiritual planes.

@jupitertrading2212

2 жыл бұрын

@@spencerwinston4334 thanks i will surely check that. I really like his work easy to understand and well explained. I have seen his work on gann its good too.

@76biggdogg

2 жыл бұрын

@@spencerwinston4334 wow, in glad I found your comment! Im going to look for that book!

@spencerwinston4334

2 жыл бұрын

@@76biggdogg Pepe, hope you will find that Jenkins squares the circle for you in technical analysis, connects all the other technical indicators into an amazing geometric, EW sentiment whole, imo. All the best in your geometric adventures in the market, and hope your studies take your trading game to a higher plane of profits. Drop me a quick note later, if possible, and let me know your reaction to the M. Jenkins window on the trading world. Cheers!!!

Great content! Thank you!!

@ElliottWaveOptions

2 жыл бұрын

Glad you liked it!

Learned alot! Thank you.

Emotions? Lunar cycle trading.

Amazing video

The story about your conversation with the doctor is great haha! Thanks for the educational content.

What do diagonals subdivide? 3,3,3,3,3?

This is awesome! Thanks so much! I want to watch it over and over so I can be as good at this stuff as you are! Do you intend to add more later?

@ElliottWaveOptions

2 жыл бұрын

Yes, we'll be adding additional videos over time for sure.

@pragatmudra8372

2 жыл бұрын

@@ElliottWaveOptions we are waiting eagerly...Lots of respect for u.☺️

Great video! Thanks for sharing!!

@ElliottWaveOptions

2 жыл бұрын

Thanks for watching!

who is this guy presenting if you don't mind? I want to learn more about him.

@ElliottWaveOptions

2 жыл бұрын

The presenter is Rob Roy. YOu can learn more about him here: ewotrader.com/rob-roy/

@reginaldedgardo3530

2 жыл бұрын

@Tradacc

2 жыл бұрын

Leonardo Pisano. A few hundred years later a historian gave him the moniker "son of Bonaci"

Why is it that every time I buy a stock or cryptocurrency that's supposed to be a big hit it ends up dropping and just never moving again???

@joaosilva-rq4il

2 жыл бұрын

@@iykejames9169 Investment coaching sounds like a great idea, thought about it before but never knew how to go about it and that would be great considering how time demanding my job can be. Have you used a coach? what is the experience like?

@donnawilson3030

2 жыл бұрын

@@iykejames9169 I been trying to grow my portfolio for sometime now, my major challenge is not knowing when to sell or hold. How could someone go about getting finance intelligence from a good financial coach?

@hexlatino3421

2 жыл бұрын

Catching the exact moment before the wave is going to form is not easy. Most likely you have been buying at the time that everything is green and going up. Your time horizon is too short. You want returns right away. First u must look at the fundamentals. If the stock or the crypto currency is down and the fundamentals are ok, it means that u made a good purchase. It might still go down even more. If you still have more money, then u should buy more. After 6months it is still down, keep on holding it. Eventually it should rise and make u a lot a lot of money. Once you have made x amount of money make sure that you sell some or all otherwise you will go down with it and lose some of your profits if not most

@maxmercor5772

2 жыл бұрын

because its very difficult to find out these 'gems', its better to trade a stock/crypto with enough trading volume. perhaps with the elliot wave and other basic technical analysis. buy and hold works if you already have alot of money IMO

@marketmercenaries

2 жыл бұрын

Stop doing fomo only buy coin when its just starting abd also buy coins that has a working product (that is solving oroblem)

Gann maths and astrology is also really good from the time perspective and work great with waves

@ElliottWaveOptions

2 жыл бұрын

Thanks for sharing

Beautifully explained many thanks.

@ElliottWaveOptions

2 жыл бұрын

Glad it was helpful!

I figured out I'm not good at mathematics

Have you heard of the coin flip strategy? It's even better than Elliot waves and it's so easy. Basically you just flip a coin. If it's head, you short. If it's tails, you go long. This strategy beats 90% of traders out there

@ElliottWaveOptions

Жыл бұрын

Hi Denish, here is our track record ... we're crushing your 50% coinflip lol ewotrader.com/performance-level-three/

Where have you been all my life? 😭 Thank you sir. God bless you

I've heard so many people trash Elliot Wave so I never bothered. As I run the analysis on my chart, BTC, I have to say I am impressed at the how the patterns fit in conjunction with the fib sequences.

Great video and good explanation. Appreciate and keep up your good work! Cheers

@ElliottWaveOptions

2 жыл бұрын

Thanks, will do!

i think elliot rule says, 2 can never go beyond 1. 19:21 here is 2 below 1 how is it possible?

50% is also NOT a fibonacci number.

@ElliottWaveOptions

2 жыл бұрын

Hi Shoshanna, if we take the view that Fibonacci numbers are generated by the summation series, then look at the very root of the summation series being 0,1,1,2... these numbers exhibit both 100% and 50% ratios and they are the very beginning of the series. Food for thought perhaps?

@fitnesspoint2006

2 жыл бұрын

@@ElliottWaveOptions good point

An honest feedback....Please get a decent microphone. There is a sort of echo in the video that I find it a bit disturbing

cool man appreciate the video ive heard elliot wave along with RSI and volume is pretty accurate!

thanks for doing this!!! So helpful. Much appreciated. So few take the time to do this.

@ElliottWaveOptions

2 жыл бұрын

Glad it was helpful!

Sir Kindly make Video for Time analysis using Elliot 🙏

wish i had you as teacher in school! thanks for your work and teaching us for free! mad love

This ended bluntly. I expected more. You covered a ton, and thank you for that, but there's still a ton to cover. An ending would have been nice.

Subcribe.!

At 19.00 mins its mentioned the Fib levels for expanding based on 1,2 waves etc. Where are those rules published ? eg the retracement for extrapolating out wave 5 from initial waves

If you want simplified marking try Elliott wave manual marking is more faster.

There are mistakes in your explanation and slides. For example, with the flat pattern. You said/wrote that it was bullish, when it was bearish, and vice versa.