James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Everyone hopes to gain an edge in the markets and develop their trading skills, and while various indicators, analysis tools and methods are available, it is impossible to know which ones will work ...

-Zigzags subdivide as an A-B-C (5-3-5) sequence -Many times, wave C can be estimated using common rations and channeling The sub waves of an A-B-C zigzag appear as 5-3-5 Wave B of the zigzag cannot ...

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 ...

Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. FTSE move up from 7192.35 low appears to be unfolding as an Elliott Wave impulse. Wave ( iii ) blue has already ...

Even before I start writing this story, I can see critics saying that all this analysis is after the fact. Well, I can show you plenty of examples where the technique that is being discussed below was ...