News-driven FX Trading: How to Trade Events Like the FOMC, CPI, and NFP The Elliott wave theory states that each move in the direction of the trend is composed of 5 smaller waves that are called as ...
Article Summary: Elliot Wave gives you access into probable future moves. The Elliott Wave Oscillator (EWO) allows you to count waves as they are developing so you have an edge in seeing the next move ...
In essence, Elliott Waves describes price movements as alternating between impulsive phases that establish the direction of the trend and corrective phases that oppose the direction of the trend. It ...
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