Elliott Wave Trading Patterns
A fair amount of our work centers around the basics of Elliott Wave Theory.
Also see our other reversal pattern pages:
R.N. Elliott wave a genius way ahead of his time. His theory was that human behavioral patterns are predictable and repeat over and over again in the markets. Having a good foundation in Elliott Wave Theory gives a trader and investor quite a bit more confidence about direction of both markets, sectors, and stocks.
Our forecasts on the Market and Precious Metals rely heavily on our interpretation of Wave patterns. That said, we also add on proprietary technical indicators and sentiment measures to bake our own recipe, further reducing the risks of a mis-read or the wrong interpretation.
Below are a few classic samples of Elliott Wave Patterns we look at, and also some links we would suggest you read:
(Source: Elliott Wave International: Website: http://www.elliottwave.net)