For me your the best elliot wave youtuber you help me by just watching this video. Thank you so much bro god bless you

Thank you, I learned a ton.

This is probably the best lesson on EW mistakes I have seen yet....good job mate, and thanks for sharing!

@TrendLizard

Жыл бұрын

Very glad to help!

Great video. It seems like there is valuable information, but a lot can go wrong.

Awesome bro Thankyou

*Much Appreciated.*

"Your trying to talk to the chart" - TrendLizard LOL AWESOME! I LOVE IT!

@TrendLizard

2 жыл бұрын

Nice, thanks!

that was actually really useful, thx bro

Straight forward. To the point. Easy to understand. Excellent presentation. You simplify graduate theory concepts.

@TrendLizard

3 жыл бұрын

Thanks for the feedback, very glad to help!

@selinagooglethestvekstrate8102

3 жыл бұрын

Tutorial muy educativo con información bien detallada que aprecio, *The Semyon Tchernenko Strategy* fue la única forma en que pude obtener resultados. Puedes googlearlo

solid video thanks for your analysis and time my man

@TrendLizard

2 жыл бұрын

Glad to help!

This was excellent information. Thank you so much 🔥🔥💎

@TrendLizard

2 жыл бұрын

So glad to help!

Another very helpful upload! I didn't find your channel and website, until I started searching for elliot wave info. Man, I am so glad I found ya! Great information and I am very grateful! Thanks Man

@TrendLizard

2 жыл бұрын

Super glad you found us as well! Thanks for the feedback and when you're ready, come visit our website at TrendLizard.com to see this stuff work in real time!

Quite an eye opener

Very well explained

Really been enjoying your videos ive been trying to apply this to the XRP price chart but ive been having some trouble. It looks like some of the trendy moves are 7 wave moves rather than just 5? Id love your analysis on it if thats possible, it would help me out a lot in understanding all this

@TrendLizard

2 жыл бұрын

Hi Matthew, Send me an email to Ryan@TrendLizard.com and I'd be happy to send you my count on XRP to see where we differ.

I really learned many thing from you . Thank you

@TrendLizard

2 жыл бұрын

Really glad to help! When you're ready to see this stuff work in real time, come visit us at TrendLizard.com!

Great video, great content, very well explained... but what won me over was "Buenos dias amigos..." lol, no, seriously best video I have seen on EW theory so far, I learned a lot. There you have your subscribed, bell and thumb up buen hombre.

@TrendLizard

3 жыл бұрын

mucho apreciado Ernesto, ten un buen dia!

You are the best teacher ❤

@TrendLizard

3 жыл бұрын

Thanks for the compliment and glad to help!

great video very helpful, thank you.

@TrendLizard

2 ай бұрын

So glad to help! If you have any interest in seeing this stuff in real time, come visit us at TrendLizard.com!

Hi Ryan, I love your content!!! Can you help with the finer details of the Elliott wave? 1)Can wave 4 skim/touch wave 1 at any point at the tip or would that make the EW ineligible 2)Do you count Elliott waves during After Hour Trading as an extension to Open Market Hours? Thank you so much!!!

@TrendLizard

3 жыл бұрын

Thanks Mary, your kind words are very appreciated! 1)The only time I accept any type of overlap between waves 4 and 1 are during leading or ending diagonals. I've never found a situation where there is overlap between these waves otherwise. 2) I don't use after-hour trading data in my Elliott Wave counts, it's lighter volume and therefore not a great representation of social mood, which is what Elliott Wave seeks to quantify. I hope that helps!

@maryjen2513

3 жыл бұрын

​@@TrendLizard Okay, that makes a lot of sense. Thank you!!!

Thanks bro

@TrendLizard

Жыл бұрын

Glad to help!

Thanks...

Outstanding ,thanks. I would love to listen to the chart, I just wish it would talk a little louder. lol

@TrendLizard

5 жыл бұрын

Lol. It does get louder the longer you do it, I promise!

@pierrebaker8207

2 жыл бұрын

Lol very true, funny.

@pierrebaker8207

2 жыл бұрын

@@TrendLizard this video was gold man

@TrendLizard

2 жыл бұрын

@@pierrebaker8207 Love to hear it, thanks for the feedback!

Great video and thanks for sharing this. My biggest problem with elliott waves is i seem to be mistaking a corrective zig zag pattern with a first wave. i see a nice fib retracement after strong move, i see price breaks the retracement point and the moment i think it is the proof that 3rd wave begins, the chart generates another comple correction and i lose. Do you have any insights about this?

@TrendLizard

Жыл бұрын

Thanks, very glad to share! Are you mistaking a zigzag with waves 1-3 or just wave 1? The latter would make more sense, since a zigzag would be a three-wave move while a 1st wave would be a five-wave move. The safest approach I know of is to wait for a completed five-wave move and for it to be corrected by a Fibonacci portion (somewhere between 38.2% and 61.8%). Once it begins to turn higher from that area, that's your buy point. You can determine your level of aggression based on how big of a five-wave move you want to see before you get in. You could buy it after just a small 5-up 3-down, or wait for the formation of a five-wave pattern on one larger time frame. I hope that helps!

Thanks

Love to have you go over more charts. I'm having a tough time identifying if it's a trend or not.

@TrendLizard

4 жыл бұрын

Jake send me a couple tickets if you have any in mind, I’ll take a gander.

5:21 why is countertrend B placed at that peak and not the peak before? In which case it would be a downtrend 5 wave which is what it looks like to me.

@TrendLizard

2 жыл бұрын

Wave B is placed there because wave B itself should be an ABC move, which it is with this labeling, and wave C should be a five-wave decline, which it is with this labeling. It's the best fit which is always what we seek to find.

Your videos are amazing. Real example of the whole theory. I know you put a lot of effort into finding this for us, thank you very much.

@TrendLizard

3 жыл бұрын

Thanks Fabio, I love this stuff so it's a pleasure to share it!

I have a question. Elliot wave is said to be fractal. But when you go on a lower time frame the price action seems choppy and the internals are not clear when you have a five-wave move on a higher time frame. How do you override this problem? Thank you for the video. I enjoyed the content.

@TrendLizard

4 жыл бұрын

Hi Omar, Elliott Wave is a fractal. If a new up trend is starting, you should be able to identify five-wave patterns all the way down to the intra-day one-minute action. There are a couple of exceptions, most notably a leading diagonal. But in my experience, you do get trendy price action on all time frames and if you're not, then you're probably not at the start of a new trend and are instead still in a countertrend pullback. I hope that helps!

@omaralikiani2818

4 жыл бұрын

@@TrendLizard Thank you.

Dear Teacher , my current big dilemma is EXACTLY chart ( 7:37 ) ( s&P chart ) , OMG this is EXACTLY like S&P 500 chart ( march/2002 -----> Aug/07 /220 ) situation ( history repeats its self ) ..... I do NOT know if wave 5 is OVER or not ....I do not know if i should stay in it or not ? I am thinking S& P can hit 4000 , but i wish i could decipher that what stage of wave 5 we are now ( Mar/2020 -----> Aug/7/2002 ) .

I Total agree with this most people try to force elliot wave patterns on there charts not really knowing what they are doing. 👍

@TrendLizard

2 жыл бұрын

Thanks for the feedback FX, much appreciated!

Awesome!!! Thank you. Can you cover $RIG or $AXAS

@TrendLizard

5 жыл бұрын

Thanks Jason! I'll see what I can do!

@TrendLizard

5 жыл бұрын

Hey Jason, email me at Ryan@TrendLizard.com, I'll send you my breakdown of RIG and AXAS.

@jasonflame9509

5 жыл бұрын

TrendLizard sent you an email from my sprint email

@TrendLizard

5 жыл бұрын

Jason Flame didn’t get your email, please try again!

@jasonflame9509

5 жыл бұрын

TrendLizard did you get it?

thx bro, but isn´t eW old? I mean,.,.,..,., working in 2021/22?

What is your opinion on Boeing?

@TrendLizard

2 жыл бұрын

Not a huge fan, the entire up leg off the 2020 low has looked labored and not very trendy so I've stayed away from it.

Is it applicable to any chart? even forex charts?

@TrendLizard

3 жыл бұрын

Yes Ueki, Elliott Wave applies to ForEx and anything else that can be plotted on a price chart and that is widely traded!

@uekikosuke3601

3 жыл бұрын

thanks mr.@@TrendLizard very much appreciated :D

why you don't use the Fibonacci rules with the Eliott wave? to make it complete like for exemple wave 3 goes usually to 1.618 or 2.618 ... so if is shorter then 1.618 it's probably not a wave 3 and so one same for abc they all have Fibonacci targets

@TrendLizard

3 жыл бұрын

I do keep an eye on Fib extensions but it's not nearly as important as following the patterns. Also for the sake of these types of videos, the idea is to keep things simple so as to make them understandable for beginners.

@ 13:30 .. SPY , can we consider this as ABC X ABC ?? All though it looks like strong B in double ZIGZAG Pleas reply if possible

@TrendLizard

3 жыл бұрын

I need a little clarification on your question here. My confusion comes from ABCXABC vs double ZigZag, those can be the same thing said in two different ways in my mind. The biggest difference between a standard ABC pullback and a complex ABCXABC is the final down leg of the pullback. If it looks like a five-wave move, it's likely just a C wave in a standard correction. If it is a three-wave move, then chances are it's the second ABC of a complex ABCXABC structure. I hope that helps!

@tejaspastagia3175

3 жыл бұрын

@@TrendLizard I mentioned second C @ around 274 mark as strong B .. so first ABC as per chart , then 1-2-3-4-5 as X [ u mentioned as A ] then again A [ u mentioned as B in chart ] and then up move as strong B [ u mentioned as C in chart ] then down again to form wave C , [ DOUBLE ZIGZAG ] is it possible ??

@TrendLizard

3 жыл бұрын

@@tejaspastagia3175 I haven't seen an X wave play out as a five-wave move so in my view I don't think it works. I hope that helps!

@tejaspastagia3175

3 жыл бұрын

Thanks 🙏🙏🙏🙏

I dis agree to you most of your leveling are wrong and you dont involve diagonal and impulse trend characteristics. 3-5-3,3-3-3,5-3-3 trend patterns. Thats the trick of the market every traders has different perception... and dont tell me if you see the trend is goin bullish while other see bearish!! Well go on your own risk level and read the price on your own risk and not involve other 😁

I should watch your all videos haha so that i learn more about elliot wave because iwanna be a elliotician

@TrendLizard

Ай бұрын

Or even better, come visit us at TrendLizard.com and follow along in real time!

Hey Ryan, I'm sorry but your counts are partly incorrect. You don't use w-x-y, but some of your c-waves are triple-waves, so you have to count your c as a y.

@TrendLizard

3 жыл бұрын

Totally true Luke, I've changed the labeling a bit in an effort to simplify things and make them more understandable to people new to the theory. As such, I label my complex corrections with either ABCXABC or ABCXABCXABC, which in my view makes it easier to grasp. I hope that makes sense of what I'm doing in this video.

how would u teach me if i join your group ? i am actually interested in bitcoin trading . i live in pakistan , we can't trade US stocks here. plz tell me what can i expect from u ? i admire elliot waves alot but , i am so so so confused !!! thanx....

@TrendLizard

3 жыл бұрын

Hello, we analyze 40 segments of the stock market (including bitcoin) every day on our website at TrendLizard.com. In every post, I discuss our method and reasoning for our Elliott Wave labeling in an effort to make it understandable and repeatable in your own trading. I've had many traders tell me that they didn't understand Elliott Wave until they found me. Come visit TrendLizard.com, sign up for a free trial, and see if it's what you're looking for!

Hello Ryan, I am in india. I have been trading in Indian stock markets for a long time. When ever I apply Elliott wave theory I loose money. I think my count is correct because I saw your youtube video on Nifty and my count your count does match but the story ends there. I count that Nifty is in wave four which started at 17214. As soon as I saw Nifty hit that mark I sold calls and bought puts. Markets went down as per my expectations. but Nifty turned on the bull side at about 17055. I thought this is a start of wave b so I got out of my bearish positions at about half way through wave b. I was expecting wave b to end 140% at most but it went all the way up to 161% of wave a, at closing today. The waves are matching the definition of corrective waves but how can wave b go all the way to 161% is what bothers me. I searched on the net and I got a response on google search that Elliott wave theory is fake. I could not believe this. I am sort of unhappy and feeling down rightnow, reading that Elliott wave theory is fake. Then I remembered watching your video on Nifty sometime back. So I am writing to you about the situation I face.

@TrendLizard

2 жыл бұрын

Hello Shelat69, It sounds to me like you are trying to trade buy Puts during super small countertrend pullbacks. This is a bad idea in my view. The trend is up on many time frames, and it's dangerous to go against the dominant trend. Always enter positions in the direction of the trend, not against it. NIFTY may be getting closer to an end to the up leg that began in March 2020 - a move below 16200 would be the first clue of a high - but until there is a sign of weakness, higher prices have to be expected. I am pretty sure you can find any opinion about anything on the internet. It's not surprising that a trading strategy like the Elliott Wave Theory has some doubters out there, of course it does. Every strategy has doubters because not everyone agrees on what makes the markets move. I've used Elliott Wave for over 20 years and it's the only thing I will ever use. You decide for yourself what makes sense. But most importantly, if you're losing money trading Elliott Wave as you've indicated, you really have to stop trading against the trend. I hope that is helpful advice!

@shelat69

2 жыл бұрын

Thank you sir. I get your point on me trading against the trend I realise my mistake. I feel confident about the Elliott wave theory and when I know that it works if I get opposite results then there is more to learn for me meaning more home work before I plan a trade. Once again thank you for a prompt reply sir

Listen to the charts, don’t talk to them. 💎💎💎

@TrendLizard

2 жыл бұрын

Amen!!

why not short B wave when its over expanding :P j/k "buy low sell high" is totally spot trading :D

@TrendLizard

2 жыл бұрын

Hi Preston, the idea is great in theory, but B waves are super tricky, unpredictable moves that are hard to make money on!

wave 3 has to be the highest of all the 5 waves isn't it ? i don't see that i here or i could be wrong

@TrendLizard

3 жыл бұрын

The only unique requirement of wave 3 is that it can’t be the shortest of the trendy waves. We generally expect wave 5 to move higher than wave 5.

sounds personal lol

I see what you mean it's easy to lie to yourself to "make" it work

so, how much have you lost trying to make money?

@TrendLizard

2 жыл бұрын

We do pretty well, and I have the public track record to prove it at TrendLizard.com. What about you, random internet troll guy?

@albertbas2837

2 жыл бұрын

@@TrendLizard ok, cool, happy for you. dont get offended, just checking. )

1 BIG problem I had with Elliott Wave ended up trading my own EMOTIONS

@TrendLizard

2 жыл бұрын

That's the trick with any of this stuff, keeping it as objective as humanly possible at all times, not always easy to do!

I have had people ask me what book can they read to help them learn the stock market. I always respond with "The Christian Bible". They always look at me surprised and say "What the hell does that have to do with trading on the stock market?!?". To which I will point at them and say "Now you're starting to think like a trader".

@LatinDanceVideos

3 жыл бұрын

Lol. Well played

Those who believe in Bitcoin also believe in cleverness

@julioalfaro2044

3 жыл бұрын

Bitcoin is going to the moon

@user-zb6hg7ig6l

3 жыл бұрын

Secure your future by making a decent investment ahead of time

@ryanmark2475

3 жыл бұрын

Tomorrow might be too late to for you ,now you have chance to invest now and be happy in the future

@jackchapple6560

3 жыл бұрын

If you believe in future then you will know that indeed Bitcoin is the future

@thebillions7395

3 жыл бұрын

Wow I'm just shocked you mentioned and recommended Brian Armstrong Trading Services, I thought people don't know them... they're really awesome

After watching many vids on Elliot Wave and practice on charts I decided not to use it. It is too subjective

@TrendLizard

Жыл бұрын

It's an incredible tool to have in your toolbox and provides more insight than any other theory I've practiced over the past 25+ years. If it's not for you, that's okay, but for the information it provides, it works.

Snake oil

Did you just pronounce it "lulu-le-mon?" holy cow do you live under a rock?

@TrendLizard

2 жыл бұрын

I guess I do live under a rock, not a place I shop, hopefully you got more out of the video than how I mispronounced a long word!

If you actually want to learn anything about Elliott waves... buy ramkis book on kindle. $10. 30 pages in and I am a far more profitable trader

In conclusion, everything you label can be wrong until you find a clear 5 or wave C, which will tell you Ohh ok this was it, where is the trade entry here man? Is this some kind of joke..? Its like Elliot theory is not helping the trader but we are helping the theory to seem correct.

@TrendLizard

3 жыл бұрын

Yep, you got it, it's all one big joke. Or you could watch the video that talks about finding entry levels and NOT the one that talks about the biggest mistakes you can make. If you can't find the value in having a theory providing specific information on when a move is a trend and when to expect it to end, or that a corrective move is nearing an end, then you're right, Elliott Wave is not for you.If it's not helpful to you, move on.

@shapemylife8374

3 жыл бұрын

@@TrendLizard It was not meant to offend you, but Elliot wave theory is now more than 80 years old now, Markets have evolved, (Even previous laws of physics are broken with the modern research, and its just a theory) I did watch your other video as well which illustrate a possible entry, but after watching this one, there is a lot of contradiction and everything is subjective until it is finally completed. The rules of the theory are very loosely defined to always seem correct and the trader can blame himself but only at the end of both trendy and corrective cycle. Another thing is very obvious if a trader is so experienced like 20 years old and know it very deeply, he must be super rich to compete with the world's richest people because stock, crypto and forex market has so much potential, with an accuracy of 80% anyone can be billionaire within a few years if not months, I hope you are one of them already ..! Cheers.

@shapemylife8374

2 жыл бұрын

@@TrendLizard Hi, I am sorry about my earlier comments, I am using Elliot wave theory in Bitcoin and crypto markets, its working great. I was not able to comprehend it properly previously, I felt like I should let you know You are right I was mistaken. apologies again.

@TrendLizard

2 жыл бұрын

@@shapemylife8374 Hey glad to hear it's working for you. Happy Holidays!

I got better strategy than elliot, it have to much fake's or mistakes identyfying when trend is not obvious ;_;

Only idiots trade with Elliott waves.🙄

@TrendLizard

3 жыл бұрын

Sweet take man.