the ELLIOTT WAVE lives on OEW: an Objective approach to the Elliott Wave Theory

A year ago today I lost my father and my best friend, everyone here lost their mentor and a friend. Dad and I spent the last 7 years of his life living together. Our households merged on a very snowy day in Feb those years back. CEO Valutrades Limited, Graeme Watkins is an FX and CFD market veteran with more than 10 years experience.

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elliotwave blog

These repetitive fractals can also be observed in market index patterns, and these patterns can be used as predictive indicators of future stock market moves. A classic chart, just as a great painting, will stand the test of time. Such is the case with the 100-year DOW chart Tony Caldaro posted here on the public blog on October 21, 2017.

Corrective Waves (zig-zag, flat, triangle,..)

The DJIA has major overlap ruling out an impulse wave to the upside. Europe is getting hammered with skyrocketing energy bills and businesses will be forced to close . beaxy chicago Any information contained in this site's articles is based on the authors' personal opinion. These articles shall not be treated as a trading advice or call to action.

elliotwave blog

Unless otherwise indicated, all data is delayed by 15 minutes. The information provided by, Inc. is not investment advice. Trading and investing in financial markets involves risk. Elliott’s pattern consists of motive waves and corrective waves. A motive wave is composed of five subwaves and always moves in the same direction as the trend of the next larger size. A corrective wave is divided into three subwaves and it moves against the trend of the next larger size.

NYSE another negative breadth thrust event at the same levels that I predicted it would happen. Therefore Minute ii] up will commence and it could be yet another market-inducing vomit that squeezes higher in low volume based on market mechanics. Perhaps the Queen had power, given by Satan, over the global Jewish-led cabal and the Kabbalistic offshoot Freemasons and harbored ill-will toward them and retarded their global NWO machinations.

Moves in the direction of the trend are labeled 1-5, and those against it are labeled A, B, and C. Take the five-wave impulse sequence and combine it with a three-wave corrective sequence, and you have a complete Elliott Wave sequence. The Elliot wave starts with an impulse wave, which is a five-step pattern.

The reactionary waves, labeled X, can take the shape of any corrective pattern but are most commonly zig-zags. Below is example of most common complex correction; a double zigzag. A Flat is a three-wave pattern labeled A-B-C that generally moves sideways.

Elliott Wave Update ~ 25 Aug 2022

We’re waiting for the next qualified pullback to help clarify the picture. SPX blew through the negative divergence last week, reached extremely overbought at the high and finished the week just inside the neutral zone. SPX continued to rally off the previous week’s low and achieved another all-time high at 3183 by early Friday morning. Our 3180 pivot became both a magnet and stop sign for the price action the week. This gives the second largest rally for this uptrend of 113 points, without a meaningful pullback.


Market movements can be correlated to psychological factors, however, there is not a direct link between the two. Just because movements can be indicative of future security prices does not mean that traders should believe cm trading review they can predict these prices to a science. Traders using this theory should always remain up-to-date in the current market and world news, as well as developments within the security that they are following.

Until then, we maintain our low probability bearish alternate count as posted on DOW in the public chart list. Note this week how the 13 EMA on the weekly time frame provided support for Thursday and Friday’s strong rally. There are many stock market predictions that can be made base don the interpretations whselfinvest review of wave patterns. The basic movements of the theory consist of impulse waves and corrective waves. Impulse waves consist of five sub-waves and travel in the same direction as the larger overall trend. Oppositely, a corrective wave moves in the reverse direction of the main trend.

Tony was both, knowledgeable about the Saeculum and had his own method of analyzing the stock market, which he coined Objective Elliott Wave . One of Tony’s master strokes was to identify the turnings of the Saeculum using the stock market via his OEW approach. Tony unified the Saeculum and the stock market via OEW. It is a chart and forecast that has survived the test of time. At OEW we continue to monitor and hopefully build on the work of Tony Caldaro. We have recently observed that the previous Primary III wave, which began in 1982, was about 25 years after the Baby Boom birth rate high of 1957.

It is not intended and should not be construed to constitute advice. If such information is acted upon by you then this should be solely at your discretion and Valutrades will not be held accountable in any way. In addition, fractals can be infinitely large or small, so categories of wave sizes exist both above and below the listed spectrum of categories. DTTW™ is proud to be the lead sponsor of TraderTV.LIVE™, the fastest-growing day trading channel on YouTube. Further, another important rule is that the third wave should never be the shortest. Indeed, it is usually the longest of the five waves in most cases.

That’s because everyone on our support staff is actually a trader themselves. Our mission is to make traders happier and more successful. So, our support staff often go well above and beyond the call of duty to help our users learn to use the WaveBasis platform in the best ways for their particular trading style and objectives.

Trying To Bottom - Market Analysis for Aug 29th, 2022

He believed that stock markets traded in repetitive cycles. This was a revolutionary way of thinking at the time because, among 1920s traders, the stock market was considered to be chaotic. Since then, the Elliott Wave Theory has gained traction as a market analysis method within the world of forex. A word “theory” comes from the Greek theoria, which means “contemplation or speculation.” A theory is a set of organized principles that is supposed to explain some natural phenomenon. In many cases theory is different from practice, when those organized principles are tested. This is exactly what happened to the Wave Principle formulated by R.N.

Profitunity Analysis of Bitcoin Futures and The Elliott Wave Count

This book was based on his findings in research that examined how ideas are spread among groups of people. He identified five major stages of adoption of innovation, new idea, product or practice by members of a given culture. Rogers found out that new ideas are not adopted by all individuals in a social system at the same time.

The Elliott Wave Theory

Early adopters will normally have a reasonably high social status. Think of all those traders who post their trading ideas and market analysis on Twitter, Stocktwits or Tradingview and have tens of thousands of followers! They are thought leaders who are considered experts and trusted by thousands of other traders. They do not take as much risk as innovators and tend to make more careful decisions as to whether or not to call a start of a new bullish trend. They will be waiting to get solid confirmation like a bullish cross of the major moving averages.