We put Elliott Wave - the most powerful stock market trading strategy on the planet - into terms anyone can understand. When you're ready to begin dominating the stock market using Elliott Wave, come visit us at TrendLizard.com!
Пікірлер: 671
@sertaliozer14 жыл бұрын
This is just unbelievable. I can't believe this video has only got 6k views. This video is worth gold! Excellent presentation!
@TrendLizard4 жыл бұрын
Thanks and spread the word!
@sertaliozer14 жыл бұрын
@@TrendLizard How about we keep the good knowledges to ourselves! :)
@tkdsource3 жыл бұрын
Was thinking the exact same thing....
@thumperhunts62503 жыл бұрын
well that escalated quickly
@dannankelly2 жыл бұрын
yeah lol. this is insane , great video
@pasaris12332 жыл бұрын
I've been trading without knowing about Elliott Waves until now and I must admit I found it very frustrating sometimes because I didn't understand the patterns. You, my man, are a star! This video is GOLD and the way you presented it is flawless. I feel like I just discovered a new continent... Trading is going to be so much easier now! Thank you!
@TrendLizard2 жыл бұрын
Thank you so much for the kind words! It's an incredible theory that NEEDS to be in every serious trader's toolbox. If you want to see this stuff work in real time, come visit us at TrendLizard.com!
@mrfanbeast8312 жыл бұрын
oh hello subscriber
@KayDay213 жыл бұрын
The turning on the page at 6:19 and the smoothing of the page at 6:22 .. perfection 👌
@corkyluxembourg45303 жыл бұрын
Good stuff! And a new expression: Rocket Surgery. LOL. Anyway, the info is great.
@davidedraghetti11573 жыл бұрын
Amongst the best elliott wave explanation. Concise and to the point. Thanks
@pearsonsdiary80173 жыл бұрын
Thanks for the explanation. I deserve your respect for the following purpose 1.You didn’t mention money; 2. For not offering any course.
@xartanius2 жыл бұрын
Truly the simplest EW explanation and very useful! Thanks
@KC-zv9dj5 жыл бұрын
Great Video! I'm reading his book as a beginner and this has been so valuable to get a better grasp at understanding it! I'm sure i will replay this video dozen of times but i was just about to give up on the book because this part was so confusing but you have been a life saver and help keep me in the learning game!! Thank you!
@tor131283 жыл бұрын
which part was confusing?
@demavix23202 жыл бұрын
@@tor13128 on the wave one and two
@obiyoojason33447 ай бұрын
Thank you Sir. This is awesome. This simplified trend movement and change of trends.
@TrendLizard7 ай бұрын
Glad to help! We do this stuff in real time at TrendLizard.com, come visit!
@ryanb.62572 ай бұрын
I'm in the middle of a chapter in a book about Elliott Wave and came here because it was bending my mind into a pretzel. Fantastic explanation with clear and relevant examples. Now to apply it to my trading! Thank you!
@TrendLizardАй бұрын
I love to hear it, so glad to help! We do this stuff in real time every Friday at TrendLizard.com, come visit!
@Royalstar369 Жыл бұрын
great work, down to earth, and on point. please add, how to plot the various fib retracements and extensions for each wave
@goingpostal8622 Жыл бұрын
Now that we are in the pullback you referenced at @11:00 - Have you thought of updating this video? Love the quality of your explanations, TY
@martinlorentsen47043 жыл бұрын
Great tutorial! Fabulous, really!
@jessisonherway3 жыл бұрын
This is the best explanation of the 31416 videos I've watched, THANKS
@TrendLizard3 жыл бұрын
Thank you for the kind compliment!
@mml12244 жыл бұрын
actually glad this has on ly 10k views since 5/20'...
@whitexi2 жыл бұрын
Simple and to the point.... excellent video, thanks!!
@TrendLizard2 жыл бұрын
Much obliged, very glad to help!
@FinancialClout4 жыл бұрын
This is great, it’s unreal that this only has 510 views in over a year
@forexcobar72734 жыл бұрын
Intelligence isnt sexy these days
@TrendLizard4 жыл бұрын
I agree, spread the word!
@LatinDanceVideos3 жыл бұрын
47k plus views now.
@FinancialClout3 жыл бұрын
@@LatinDanceVideos All it took was one of the greatest stock market crashes in history to get people's attention lol
@LatinDanceVideos3 жыл бұрын
Oh there’s the crash. There’s also the algorithm. I’ve had videos sit dormant for years, then go viral
@tyborg3143 жыл бұрын
Interesting thing to add into my supply and demand trading. I think these would pair nicely since both are fractal and work on every time frame and market
@TrendLizard3 жыл бұрын
Sounds like a good complement to one another!
@Isayonelove3 жыл бұрын
Thank you! Most accurate title ever.
@Larzsolice4 жыл бұрын
Wow... Just wow... You got some explaining skills! Plus that's a good video!
@TrendLizard4 жыл бұрын
Thanks, much appreciated!
@kmdao73804 жыл бұрын
@@TrendLizard wow in deed ! when u started i was like "aaah , finally , explaining the forces beneath the pattern , context , relevance , vision" u did a thing of beauty dear lizard ! i get why you dont have thousands of views , u're sharing at a real masterclass level , not youtube candy , and thank you so much for giving it for free =)
@ekowahyudi16422 жыл бұрын
I trade using chart pattern but I don't really trade chart pattern, I trade the underlying of the chart pattern. I really want to know the psychology behind the patterns. Some of my friends use this Elliot Wave, but unable to explain the underlying of the wave. You have done a great job providing the answer I seek on the underlying of Elliot Wave.
@TrendLizard2 жыл бұрын
So glad to help! When you're ready to take it to the next level, come visit us at TrendLizard.com!
@mohammedabdullatif6001 Жыл бұрын
This was amazing, I say this as a university professor.. great job
@coltenjosephhenrysbestyout8746 Жыл бұрын
Thank you for the feedback, it is very appreciated!
@edj33779 ай бұрын
Good video. Very simplistic and straight to the point.
@meyzeee2 жыл бұрын
Nice explanation mate! And your voice is much easier to hear and understand unlike the others. Makes it interesting to watch! 😍 Will definitely reco this to friends!
@TrendLizard2 жыл бұрын
Thanks for spreading the word!
@ianbierneza27553 жыл бұрын
This content is awesome, specially for a newbie trader like me. Thank you!
@FeyDeFi3 ай бұрын
Thank you for the video, I didnt quite understand why is the corrective wave after 5 able to correct to 2009 lows?
@giantessmaria Жыл бұрын
i find this stuff fascinating and will look to get deeper into it. i must say however, from my initial feelings on this; there seems to be a heck of a lot of room for interpretation... thanks again for the great explanation!
@janpavlic57033 жыл бұрын
thank you! it really is the best explanation you can get! keep up with amazing content!
@TrendLizard3 жыл бұрын
Thanks for the kind words Jan, much appreciated!
@hemanth35653 жыл бұрын
Wowww... This is really the world's best video on Eliot's wave 👏👏👌
@TrendLizard3 жыл бұрын
Love it, thanks for the kind words!
@davidcolburn26043 жыл бұрын
This was an elegantly crafted, class-act instructional video. Just the facts that matter, the right level of detail and always focused on practical guidance. I applaud the team that put this piece together. It was the best investment education video I have watched. Tough subject matter too.
@TrendLizard3 жыл бұрын
Exceptionally kinds words David, thanks a ton!
@jpzink2 жыл бұрын
Great video! Just learning about the Elliott Wave and you are a great teacher! Thanks for sharing!
@TrendLizard2 жыл бұрын
Thanks Joshua! If you ever want to see this stuff work in real time and how to make it tradable, come visit us at TrendLizard.com!
@josephthomas2226Ай бұрын
much simpler than another video I watched. thanks
@TrendLizardАй бұрын
So glad to help! If you want to see this stuff work in real time, come visit us at TrendLizard.com!
@QuantumDivergence Жыл бұрын
Man, four years ago. Just seeing this video now. It's aged very well. Thanks. Great video.
@TrendLizard Жыл бұрын
Very glad to help, thanks for watching!
@andytaylor34433 жыл бұрын
Excellent video very clear Are there any apps etc that can find the Elliot waves for you if you have graph up?
@TrendLizard3 жыл бұрын
Thanks Andrew, much appreciated! There is software out there that tries to find the Elliott Wave labeling automatically, but I haven't had any success with them. We do offer an Elliott Wave trading service at TrendLizard.com, come check it out if interested!
@marysalter31794 жыл бұрын
Great explanation, clear and concise charts. You've just given me a new arrow in my quiver. Awesome.
@TrendLizard4 жыл бұрын
Glad I could help!
@justinhunter7542 жыл бұрын
You mean quiver in your arrow, rather
@CalicoJoeJoe2 жыл бұрын
@@TrendLizard Thank you for a great video! Is AMC currently in an Elliot Wave?
@TrendLizard2 жыл бұрын
@@CalicoJoeJoe That's a tricky one; I'm not confident that stocks with that level of attention and possible manipulation would follow a clean Elliott Wave pattern. When I've tried to analyze it, it seems that the up move is not yet done. That said, there is not yet a sign that the current pullback is over too. I'd rather see the start of a new run before getting in. I hope that helps!
@CalicoJoeJoe2 жыл бұрын
@@TrendLizard It does! Thank you for your time and informative video.
@robertk63773 жыл бұрын
Thank you, I'm trying hard but still struggling to get my head around it. In you ARKK (14:09) example you had two lower highs and two lower lows and you still assume its in an up trend? I could have looked at Daily macd and felt ok with hanging on to my current HOURLY trade. I WILL PERSIST. and come back to this video again. Thank you.
@TrendLizard3 жыл бұрын
Hi Robert, the important thing is the form of that pullback. Pretty much every pullback worth its weight will give you lower lows and lower highs; otherwise no one would ever be fooled into thinking an important high is in. Instead what you want to look for is the form of the pullback; it's a three-wave (ABC) move. If you see a three-wave move like that, you know the pullback is a countertrend move and therefore happening in the opposite direction of the true trend. I hope that makes sense. If you have any other specific questions, email me at Ryan@TrendLizard.com!
@robertk63773 жыл бұрын
@@TrendLizard Many thanks for your reply.I will digest this info. and most likely hit you up with a question..cheers rob
@TrendLizard3 жыл бұрын
@@robertk6377 Sounds good, that's what I'm here for!
@karan36496 Жыл бұрын
This video is GOLD mate..!! Such a nice explanation.
@TrendLizard Жыл бұрын
Love to hear it, thanks for the feedback!
@dinaehrhardt7256 Жыл бұрын
Fantastic explanation, I actually understand it now! Thank you!
@TrendLizard Жыл бұрын
Very glad to help!
@wilson0tsang2 жыл бұрын
It is really most simple and greatly explained tutorial I have found!
@Akshadeep272 жыл бұрын
Hey gr8 stuff, plz make videos on corrective patterns.. in detail n much more. Examples
@TrendLizard2 жыл бұрын
Hi D K, Here is my video on corrective patterns, let me know if you have any questions! kzbin.info/www/bejne/hny3nJ6qeNmCfNU
@JARODA99993 жыл бұрын
Thank you for this! We've shared this video with our peer-to-peer futures trading group! A quick question that you may answer in another area/video... In this video you mention that the 2 to 3 run has to be the largest (or equal) of the runs... are you talking specifically about the "length" of the time axis? or the "height" of the price axis? for the 2->3 move... does my question make sense?
@TrendLizard3 жыл бұрын
Great to hear, thanks for sharing! This is in reference to wave 3 of a trendy move. Wave 3 can not be the shortest up move, meaning either wave 1 or wave 5 of the same move has to be smaller than wave 3, and that is in reference to points, so wave 3 has to be bigger in size. Let me know if you have any other questions!
@BilalMellah Жыл бұрын
@@TrendLizard however in your last example 3rd wave was smaller than 5th wave in points and time.
@unknownmagic33693 жыл бұрын
I like when you turn the script page over :)
@kalelundberg51983 жыл бұрын
Hands down my favorite video on KZbin! Really good explanation ! Thank you man!!
@TrendLizard3 жыл бұрын
Thank you so much for the kind feedback, glad to help!
@izdatsweets2 жыл бұрын
Someone sent me this video and I truly feel like I was given gold. You definitely earned a sub from me. Thank you so much for the time you took to explain this. You are highly appreciated!
@TrendLizard2 жыл бұрын
Love to hear it, thanks for the feedback!
@ctkmobambi2 жыл бұрын
Excellent Explanation 👍...Well Done ! ..
@TrendLizard2 жыл бұрын
So glad to help, thanks!
@madlad84716 күн бұрын
CISCO in 2018 before Covid?? Hope you bought some back then
@mikegayda715 Жыл бұрын
Thanks great examples too I need to "see" things to understand better
@TrendLizard Жыл бұрын
Very glad to help! Come visit us at TrendLizard.com to see this stuff work in real time!
@TheStaggerd2 жыл бұрын
Explaination is superb
@TrendLizard2 жыл бұрын
Much appreciated, thank you!
@godonoga3 жыл бұрын
Thank you. Markets only go up, same as time only moves forward.
@manoranjanr38652 жыл бұрын
Video heading matching with wave explaining ❤️❤️❤️
@mathiassoul9373 Жыл бұрын
Impresive! and very practical. Thank you!
@TrendLizard Жыл бұрын
Very glad to help!
@Rodrigo-tk2fm3 жыл бұрын
Thank you so much!! I'm researching this for crypto
@TrendLizard3 жыл бұрын
Glad to help! WE do analyze Bitcoin (through GBTC) on our website TrendLizard.com, come take a look if that's what you're looking for!
@SnapSphere3607 ай бұрын
Think any time frame in elliot wave and see how deep you can go!! This is intriguing
@TrendLizard7 ай бұрын
This stuff works! If you want to see it work in real time, come visit us at TrendLizard.com where we provide a weekly update every Friday!
@leoa1893 Жыл бұрын
Can you apply this pattern on any other market besides American? What happens when USD loses it's reserve currency status ?
@TrendLizard Жыл бұрын
The lateen can be applied to any market that has enough volume behind it to be a decent representation of changes in social mood.
@timothyelroy1568 Жыл бұрын
Thank you so much for putting this together!
@TrendLizard Жыл бұрын
So glad to help Timothy!
@adebayotolulope35343 жыл бұрын
Only a fool will dislike this video. Exactly what have been searching for. You are amazing teacher. You explanation is as simple as ABC. May God Almighty grant you more wisdom and bless you abundantly. The best so far!!!! Thank you! Thank you!!! Thank you!! You just got a new subscriber!! Keep it more coming.
@TrendLizard3 жыл бұрын
Thanks Adebayo, incredibly kind words and they are appreciated! If you want to learn more, come visit us at our website at TrendLizard.com!
@DefundTheFringes2 ай бұрын
Try applying this to a bunch of different stocks and you might be less giddy. There's a lot of cherry picking of time-frames, and it doesn't seem to account for random world events that shape markets. Mass psychology can't force those events to happen in tidy five-wave series.
@CptZhu Жыл бұрын
What timeframe do you have to look at for elliot waves?
@suiteritch3 жыл бұрын
wow.. amazing explanation!
@TrendLizard3 жыл бұрын
Thanks, much appreciated!
@PJFox-lo8pi3 жыл бұрын
By no means complete... No inclusion of truncated and extended waves. But very helpful. Well done!
@TrendLizard3 жыл бұрын
Hi PJ, thanks for the feedback. I was wary of including too many details into this intro-level video, but I did make a video that dives into greater detail of corrective moves, here it is: kzbin.info/www/bejne/hny3nJ6qeNmCfNU
@ldinero30383 жыл бұрын
Thank you man. Great vid. Just sharpened my trading
@TrendLizard3 жыл бұрын
Very glad to assist!
@rcmusicemporium73483 жыл бұрын
Good stuff!!
@jacobgago33814 жыл бұрын
I usually don’t comment but wow 10 out of 10. Thank you so much.
@TrendLizard4 жыл бұрын
Thanks Jacob, much appreciated!
@bobandbarbpavlik81183 жыл бұрын
Appreciate your efforts. The EW Theory is still unclear to me. I look for higher highs or lower lows when I trade, using stop alerts when necessary. I'm sure you're a millionaire from this system. If yes, bully for you! Thanks.
@nikhilpawar76482 жыл бұрын
In the csco example, the wave first is longer than the wave 3, is it correct?
@coltenjosephhenrysbestyout87462 жыл бұрын
Wave 1 can be longer than wave 3 - as long as the 3rd wave isn’t also shorter than the 5th wave. I hope that helps!
@nikhilpawar76482 жыл бұрын
@@coltenjosephhenrysbestyout8746 Thanks sir.
@gullyfx12 жыл бұрын
Hey I just noticed you’re not looking at price and time, what do the numbers at the bottom of the chart represent
@TrendLizard2 жыл бұрын
Hi G, I am looking at price and time, some of the charts might have that data cropped out for illustrative purposes, but these are standard price charts, sorry for any confusion!
@gullyfx12 жыл бұрын
@@TrendLizard my bad, thanks for clearing that up
@jozefkostelansky2 жыл бұрын
You are a clairvoyant. 😀👍👍👍 I had a look at CISCO chart (today is 2021 November 15th). Video had been recorded in 2018 and in 2019 started huge fall of CISCO from about 58 to 32 USD. This fall lasted 9 months. By the way, explanation was excellent. 👍
@TrendLizard2 жыл бұрын
Thanks for the kind words Jozef! If you want to see this work in real time, come visit us at TrendLizard.com!
@dlett324323 жыл бұрын
Thank you thank you thank you! I've been looking for a video like this!
@TrendLizard3 жыл бұрын
So glad to help Don! Let me know if you have any other questions as your education continues!
@abhigopal723 жыл бұрын
Is the eliot wave used for positional trading ? Or it is used in Intraday also
@TrendLizard3 жыл бұрын
It can be used in short time frames and even intraday but I think it is most accurate for positional trading.
@jiajun60993 жыл бұрын
@@TrendLizard how about swing trading of 5 day to 10 days?
@dABiGfATLol2 жыл бұрын
for the Cisco example where does the bottom of wave 1 start?
@TrendLizard2 жыл бұрын
The January 2016 low.
@michaellangone83653 жыл бұрын
YAS!! This was by far the most easily understandable explanation of the Elliot Way Theory! Thank you so much
@TrendLizard3 жыл бұрын
Thanks Mike, spread the word!
@riseandshine57063 жыл бұрын
I like your outlook, thanks
@stever5224 Жыл бұрын
Easy to understand, thank you.
@TrendLizard Жыл бұрын
Very glad to help Steve!
@waseemmalik21569 ай бұрын
I really thanks to you for this great lesson and sharing your knowledge.
@GeeksThroughoutTime2 жыл бұрын
So if I understand this, CSCO completed its 5th wave in April 2019, and the correction from there lasted until October 2020, seemingly putting us in wave 1 from then to now. That means that the correction is coming (likely matching the soon-to-come whole market correction) and then we hit an explosive wave 3. Or I don't know what I am talking about, but it seems to match. Though it really doesn't look like your Grubhub prediction played out very long. Wave 5's top was within a couple weeks and then it's been a long slow grind after.
@TrendLizard2 жыл бұрын
CSCO did give us a larger degree pullback off the 2019 high as indicated in the video. We can't say with certainty that this pullback is over; the entire recovery off the 2020 low could be one large B wave within a larger ABC pullback. A move below 42.50 at any point says it is. If instead the pullback did end in 2020, then the up leg that began in October 2020 clearly looks like a 3rd wave or at least the start of a 3rd wave up. I'm not sure what you're seeing on GRUB; it was an example of a previous setup that already played out and would have been a good trade. I wasn't making any additional forecast.
@mandy818413 жыл бұрын
You are a brilliant teacher, thanks for making this video. Very helpful.
@TrendLizard3 жыл бұрын
Thanks Mandy, much appreciated!
@MrMegajack555553 жыл бұрын
Take a look at CSCOs chart for 2019 and 2020 and it almost perfectly follows the pattern
@felixzeller56413 жыл бұрын
?
@shortingthetrend Жыл бұрын
Which timeframe? Cus I've noticed on daily and weekly and monthly.... 8 rejections is what it takes to fail... Is that true. 8 rejections?
@TrendLizard Жыл бұрын
I'm not certain what you are referring to with the 8 rejections comment, please clarify and I'll do my best to answer. Regarding time frame, the Elliott Wave theory can be applied to any time frame. I find it to be most accurate on the mid and long-term time frames.
@TheHector98166 Жыл бұрын
outstanding content my dude you are a natural teacher thanks for sharing!!!
@TrendLizard Жыл бұрын
I love to hear it, thanks for the feedback!
@martinyable3 жыл бұрын
Brilliant, thank you!!!!
@ziggy29762 жыл бұрын
Great explanation!
@Ravver Жыл бұрын
looking at the CISCO chart the 5th wave certainly did take off between Dec 2018 to july 2019 going from $43 to $54 approx!
@nttan58643 жыл бұрын
Hi Ryan Thank you very much for sharing your valuable knowledge with us. I have been making good progress since learning from your comprehensive videos. Wish to confirm one point that is when applying the rules, do we include the wick or just the body of the price candle? Look forward for your reply. Thanks
@TrendLizard3 жыл бұрын
Hello, glad to help in your trading journey! I include all price action in my analysis, not just the body of the candle. Let me know if you have any other questions!
@thembacliford13182 жыл бұрын
Simplistic loved it👌
@TrendLizard2 жыл бұрын
So glad to help!
@gerardsimeon499 Жыл бұрын
This really helped. Thanks a lot.
@TrendLizard Жыл бұрын
Glad to hear it, it's a pleasure to help!
@kidpoker007 Жыл бұрын
Wonder if it works in the futures markets
@miguelsanchez81995 ай бұрын
Nice. Thank you !!
@RiversonJoseph2 жыл бұрын
This was extremely useful because I like to trade impulsive moves after a correction.
@TrendLizard2 жыл бұрын
You and me both, that is the best time to get in!
@himanshuwilhelm55342 жыл бұрын
Is The market is asymetrical? Or is there a bearish version with 5 waves down and 3 moves up?
@TrendLizard2 жыл бұрын
There is a bearish version. When the trend is down, we expect to find trendy five-wave declines and three-wave recoveries. On a long enough time frame, all trends are expected to be up. So ultimately, we'd expect any major bear market to become a three-wave move. But on the shorter time frames (even up to multi-year moves), we'd expect downtrends to play out via five-wave moves. I hope that helps!
@himanshuwilhelm55342 жыл бұрын
@@TrendLizard thank you.
@jmattos403 жыл бұрын
I want to take a course on Elliot Wave theory. Any suggestions?
@TrendLizard3 жыл бұрын
Hi Jim, I don't know of any Elliott Wave Theory courses. I'd recommend two things; reading The Elliott Wave Principle by Frost and Prechter, and coming to my website at TrendLizard.com, our goal is to trade but also to teach folks how to apply Elliott Wave in real time to current market action.
@arifwaqas78923 жыл бұрын
"This bull run is likely to end" little did people know this videos importance back in 2k18, well now you do
@jonb35003 жыл бұрын
Lol so true
@YouRGlorified3 жыл бұрын
when
@_a_54943 жыл бұрын
@Henry Luka yeah nobody here really gives a damn. this is completely not the place. Also, you and the other account talking about this dumb shit were made within one day of each other, so you're 99% the same person
@Firstname_Surname3 жыл бұрын
You were saying? Anyone can be smart after the fact. Time in the market > Timing the market
@CM-ig2do2 жыл бұрын
“This bull run is likely to end.” “What goes up must come down.” Yawn.
@winforyou4630 Жыл бұрын
A great start on elliot wave study
@TrendLizard Жыл бұрын
Much appreciated, glad to help!
@warner4derrion4 ай бұрын
Really good video
@tunm3 жыл бұрын
Can I apply this for crypto trading as well?
@TrendLizard3 жыл бұрын
Absolutely, you can apply it to anything that has any volume behind it. We cover Bitcoin in our daily analysis on our website at TrendLizard.com.
@danno18003 жыл бұрын
Thanks for this - much appreciated! I have subscribed...
@TrendLizard3 жыл бұрын
You're welcome Dan, glad to help!
@tulip74243 жыл бұрын
This is the best video I've seen, bar none. Can you see the Elliott wave at any increment? For ex. 10 min., 1 day, 1 mth. Which is best to look at for price movement? Thank you
@TrendLizard3 жыл бұрын
Love to hear it Tracy, thanks! Elliott Wave is a fractal system so the theory states that it happens on infinitely small and infinitely large time frames. In reality, I wouldn't be too picky about the Elliott Wave patterns when look at at one-minute candlesticks. My favorite sized candlesticks to use are 10-minute, 1-hour, daily, and weekly. I personally use 1-hour candlesticks covering anywhere from six months to five years of overall time, depending on what stock or ETF you're analyzing. I hope that helps!
@tulip74243 жыл бұрын
@@TrendLizard yes it does , thank you very much
@richchu1003 жыл бұрын
Best explanation ever!
@TrendLizard3 жыл бұрын
Thank you, much appreciated?
@jmr1522 жыл бұрын
I shared this on Twitter but it would probably help more if I had more people following me. lol I'll do my part. This is a great tutorial!
@TrendLizard2 жыл бұрын
You're awesome, thanks for sharing!
@bperez86563 жыл бұрын
Do penny stocks follow this principle or are they too volatile??
@TrendLizard3 жыл бұрын
I agree with R A, way too volatile and they aren't good representatives of social mood. Elliott Wave works best on widely-traded stocks and on time frames bigger than just a few days. I hope that helps!
@inspirevoiceАй бұрын
There are pull backs with in first wave,, how we would make sure that this is the right length of wave 1
@TrendLizardАй бұрын
It's not always completely obvious, but you do expect wave 1 to take a five-wave form itself, which means you should get a 2nd and 4th wave pullback (on a smaller time frame) within that larger 1st wave advance. Usually, if it's not super obvious in real time, it becomes more obvious as larger patterns complete. I hope that helps!