elliot wave trading analysis method

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 RALPH 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 retacement 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 ayginor 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.

Re: Elliot wave trading analysis method

Elliott Waves Trading Strategy

Dear Friends, Elliott waves ki nisbat correction waves ko identify karna mushkil hota ha, in k baray ma aik important rule ye hota ha k correction waves kbi b 5 waves wala pattern nhi bnati hain,



Alteration of Elliott

Elliot waves ki Alteration aur equality two guide lines hoti hain, jb k ye waves 2 different patterns ma exist karti hain jin ki detail impulse aur correction wave me di gai Hy.



correction Waves

correction wave pattern prices ma steep moves hoti hain jo trend k against hoti hain, in ma three main waves hoti hain aur lesser degree ki subordinate waves jo zigzag correction bnatai hain 5-3-5 wave count bnati hain, flat corrections simple side ways corrective waves hoti hain, in ma aik wave k reverse aur equal dusri wave bnti ha, in ma 3 waves pattern hotay hain aur iski subordinate waves 3-3-5 wave count bnati hain, in waves ki correction kafi weak hoti ha, iski further three sub categories joti hain, jin ma regular flat correction, expandad flat correction aur running flat corrections hoti hain.



Impulse Waves

Impulse formation aisay corrective patterns hotay hain jo converging aur diverging trend line ma bound hotay hain, ye ascending, decending aur symmetric hotay hain, in ma 5 waves hoti hain aur in ki subordinates 3-3-3-3-3 wave count show karti hain, bulls aur bears k darmian forces k momentum balance ko reflect karti hain, aik ideal triangle correction ma succesaive waves previous waves ki retracements sa 100% short par fall karti hain, combination corrections normaly horizontal waves corrections hoti hain.