Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Welcome traders, today we will look at a couple of Oil futures (CL #F) charts. After reaching a short term top, ...
Crude oil continues to drift lower as market participants anticipate a weaker economy and carry trade unwind with Japanese ...
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 ...
Elliott Wave Theory predicts prices in all sorts of markets, allowing investors to adjust their trading strategies based on historical trends. What is Elliott Wave Theory? Elliott Wave Theory is a ...
Charts are basically simple representations of price history, but they are often endowed with some almost mystical qualities by over-complicated analysis of obscure patterns. The most reliable ...
When most people start trading in their own accounts, whether their style is to trade frequently for the short-term or to take a longer-term, “swing trading” view, they are inclined to look for a ...
From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...
One of the terrific advantages of getting to grips with basic Elliott wave theory is that with that understanding, you can place labels on the waves that give solid clues as to future price direction.