Elliot Wave Trading strategy explained

Elliot Wave Trading strategy explained

Hello dear traders hope u all are doing well!

• dear traders hm technical analysis study kar chuky hain agr ap meri posts read karty hain to apko maloom ho ga or agr ni krty to go through kr ln apko knowlege hasil ho ga. or technical analysis main agy barhty hovy aj hum aik new strategy ko study karen gy jsko elliot wave kaha jata ha>
• hum dekhen gy k elliot wave theory kia ha or es se trading main kesy help hoti ha.

What is Elliot Wave Trading Strategy?

• Dear traders RALPHS NELSON ELLIOT ny 1930s main ye theory di or us ny kaha k forex or stock markets jo hain aik random or chaotic manner main move karty hain. mtlb k market ksi bhi trend ko aik wave ki shakal main follow karti ha jesy aik wave main trough or peak yaeni onch or nech hoti hai usi tarha market bhi opr nechy ho k jati ha.
• infact in main repetitive movement hoti ha.
• elliot wave bhi aik technical analysis ki form ha jo k recent movements market ki dkh k future ko predict karti ha.
• Es theory main 2 trha ki waves ka zkr ki gya ha.

Impulsive wave:

• ye wo waves hoti hain jo k market main pattern bnati ha elliot waves ka.ye trend k sth jo movement hoti ha market ki usy kaha jata ha.

Corrective wave:

• Ye wo waves hoti hain jo elliot pattern main large trend ko resist karti hain. Ye market ki retracement move hoti ha.

• Elliot ny kaha k market jb ksi trend main move karti ha to aik swing ki trha ki wave bnati ha blkul seedha ni jati.
• jes k agr market uptrend main ha to market rally ki shkl main opr jygi phr thori retracement ly k nechy again or phr opr jygi seedha.
• estrha impulse or corrective wave banti hain.

• agr corrective wave impulse wave ka 50% retrace karti ha to trend ki continuation ka kaha jata ha agr ye 50% se zada retrce kary to trend reverse ho skta ha.

How to analyse using elliot strategy?

• Dear memebrs elliot wave k aik trend main total five moves hoti hain.
• jis main wave 1 jo ha rally type hoti ha jo k market trend ko indicate karti ha .
• jb k wave 1-2 retracement wave hoti ha jo k wave 1 ki 50% tk ho skti ha.
• wave 2-3 impulse wave hoti ha jo k wave 1 ka high bteak kr jati ha.
• or ohr 3-4 wave again corrective wave hoti ha
• or 4-5 wave impulse.
• estrha trend ka pata lga k hm corrective wave k end se entry le skty hain.

ELLIOT WAVE TRADING STRATEGY EXPLAINED DEFINITION Stock market Jo generally had tak hai random aur chaotic manner ke sath behave karne ke bare mein sochti hai in fact repetitive patterns traded karti hai Elliot Ne fractal candle ki identified ki jisse usne waves ka naam Diya Jo stock ki prices ki movements Mein Paya Ja sakta hai Elliot ka theory ab tak dow theory se resembles Rakhta hai jismein donon recognize Karte Hain ke stock ki prices waves Mein move Karti Hain Kyunke Elliot Ne market ki fractal ki nature ko bhi recognized liya tha taham unko Torkar bahut zyada detail se analyze karne Ke Kabil tha fractals mathematical structures hain Jo Kabhi Bhi smaller scale per apne aap Lamahadud Taur per repeating Jaate Hain Elliot Ne Discovered kiya ke Stock index ki prices ke pattern ISI Tarah banae gaye hain Iske bad usne yah dekhna start kiya ke in repeat jaane wale pattern ko future ki market ki moves ke predictive indicator ke Taur per Kaise used Kiya jata hai HOW TO YOU STUDY ELLIOTT WAVE Elliott wave theory ka studying karna human phycology ke bare mein isase Kahin zyada hai jo market ke specific data studying karne ke bare mein hai Elliott wave International ki buniyad rakhne wale Bab prechter karne Kaha kaise hai crowd ke behave ka studying karne ke bare mein hai Kyunke iska relate ki selling aur buying hai Elliott wave practitioner is Baat per stress Dete Hain ke sirf ISI vajah Se Ke market Ek fractal hai TRADE BREAKOUT USING ELLIOT WAVE THEORY important weakness mein se ek yah Hai Ke practitioner Hamesha theory ki weakness ke Bajaye chart ke apne reading ko Blame thahara sakte hain ismein falling hone per Ek wave ko complete hone Mein Kitna time lagta hai Iske Khule interpretation maujud hai usne Kaha vOh trader Jo Elliott wave theory ke paband hain passionately se uska defend Karte Hain scientist ne Ek trees ko fractal ke Taur per Taslim Karte Hain lekin uska matlab yah nahin hai ki koi bhi Iske Har pranches ke Rasty ka predict kar sakta hai