DEC 23: Ride the Wave The Elliott Wave Theory for Forex Markets
One of the best known and least understood theories of technical analysis in forex trading is the Elliot Wave Theory. Developed in the 1920s by Ralph Nelson Elliot as a method of predicting trends in the stock market, the Elliot Wave theory applies fractal mathematics to movements in the market to make predictions based on crowd behavior. In its essence, the Elliot Wave theory states that the market in this case, the forex market moves in a series of 5 swings upward and 3 swings back down, repeated perpetually. But if it were that simple, everyone would be making a killing by catching the wave and riding it until just before it crashes on the shore. Obviously, there s a lot more to it.

In this beginner s stock trading online tutorial, you ll be empowered with the knowledge necessary to place the types of trades that meet your personal requirements and objectives. From the basic stock market online order to more advanced orders such as trailing stop losses and brackets, you re sure to add a few tricks to your arsenal of investing wisdom.