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elliot wave

Basics of Elliott Wave Analysis

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Coincidently, after I posted the reading materials about Elliot wave analysis, folks at EWI is releasing Basic of Elliot Wave Tutorial. Again, this is absolutely free, and the tutorial consists of 10 lessons.

Here’s is what you’ll learn from the tutorial:

  • What the basic Elliot wave progression looks like
  • Difference between impulsive and corrective waves
  • how to estimate the length of waves
  • How Fibonacci numbers fit into wave analysis
  • Practical application tips for the method

Read the details here.

I thought it is good to go back to the basic, understand the foundation, maybe you might find EW fits your trading. Check it out and enjoy the waves 🙂

Reading materials: Elliot Wave

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I recently become a fan of Scribd.com. There are some really good reading materials contributed by the community. I have filled my Amazon Kindlewith some new books and this should be enough for my ‘consumption’ during my trip.

Here is one about Elliot wave theory. While, I am not EW practitioner, I do read about their theory. It is good to have understanding about different trading style. Anyway, I need to clarify that I am  not the publisher of this book, but just using the sharing functionality provided by Scribd.com.
Elliot Wave Course

In addition, To learn more about Elliot wave, you might want to check out the free reports The ultimate technical analysis handbook and How to use bar patterns to spot trade setup by EWI