Trading With Elliott Wave Theory A Tutorial For Traders











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Whether you want to know more about The Elliott Wave Theory or any other topics, Earn2Trade has you covered! • ----------------------------------------------------------------------------------------------------------------------------------------------------- • Read more about it in our blog - • Get Funded With Earn2Trade! Challenge The Gauntlet Mini™, our intraday futures trading evaluation. • The Gauntlet Mini™: https://e2t.to/yt-mini-en • The Elliott Wave theory is based on the idea that stock markets and the prices of instruments move in repetitive patterns. These patterns are correlated with the psychology of the masses and the way investors perceive exterior factors. The consistent repetition of these patterns is called “waves”. • The Elliott wave principle is used by traders to analyze market cycles, time entry, and exit points, and identify potential extremes. • The concept opposes the idea that financial markets are chaotic and dominated by randomness. In fact, it assumes that everything is rational and can be explained by the behavior of market participants. • 0:00 Music Intro • 0:13 Intro • 1:13 Disclaimer • 1:30 Elliott Wave Theory • 3:42 The herd mentality • 4:44 The pattern • 3:34 Terminology • 6:42 Example • 8:24 The impulse moves • 11:10 Corrective moves • 12:58 Strategy • 13:38 The entry • 14:18 The stop loss • 15:05 Final thoughts

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