information about elliot wave trading analysis method;

Asslam O Alikum;



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.
aj ki post main hum elliot wave theory ko study karen gy k ye kia ha or es se trading main kesy help hoti ha.

WHAT IS ELLIOT WAVE THEORY?

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.
infact in main repetitive movement hoti ha.
Wlliot 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.

IMPULSE 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 waves:

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 predict market using Elliot wave?

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: information about Elliot wave trading analysis method;

Elliot wave:

Elliott Wave ek complete theory Hai Jisko hm properly study Kar hy hi ham Forex trading mn bhat ziada advantages aur learning hasil kar skty hain. Agar aap Elliott Wave se related apni learning ko complete kar dety Hain Tou us mein aap ko maximum advantages mil sakty hain. Dear member Elliott Wave ko study krny y liye aapko different important factors ki zaroorat hoti hai jis mein ap properly is k use k related apni information complete karty ho ya apni trading ko profitable bana sakte hain. Elliot wave calculations par depend ni kart ye financial market k history ko use karti hai. Hamain pata hai k investor jb market ma invest krty hain to market apni direction ko change karti hai or high swing ya low swing banati en swings ko wave kaha jata hai.



Impulse wave :

Dear jab aap Elliott Wave ko study Karte Hain To is mn Kuch aesi waves hoti hai jo totally bullish trend Mein ban rahi Hoti Hai inwave ko aap impulse wave ka naam Dete Hain dear jab market Mein different waves ban rahi hoti hai to ismein maximum time per aapko 3 to 5 waves ko compare karne ke bad Ek pattern banate hain Jo aapke liye helpful ho sakta hai.

Corrective waves :

Kuch time Jab market retracement Karti Hai To ismein banne wali waves ko corrective waves Kahate Hain Jab market bearish trend Mein varmint Karti Hai To ismein Kuchh corrective waves Banti Hain Jab aap Elliott Wave theory ko completely study Karte Hain To ismein impulse per aur corrective waves ko combine karne per different waves shapes Banti Hain.



Learning Elliot wave analysis:

Is wave ko use kar k trader ko different periods ma bhot problems b face karna parti hain. Eski ik bari waja ye b hai k elliot wave ka success rate mix hai. But kuch trader es ko learn karny par bhot zor dety hain. Forex trading ma elliot wave k analysis 2 different patterns par depend karty hain.

Elliot wave analysis in meta trader:

Agr ap forex trader hain to ap trading k lae meta trader ko use kar rahy hon gy. So apko es wave meta trader ma use karna ana chahe. Ap k pass agr meta trader ka account ni hai to ap es theory ko demo account par b use kar sakty hain. Is k liye apko account ma jana hota hai wahan oscillators or indicators available hoty hain.

Re: information about Elliot wave trading analysis method;

The Elliott Wave Theory is a technical analysis method used in forex trading to identify potential market trends and to make informed trading decisions. The theory is based on the idea that the market moves in a series of waves, which can be used to predict future price movements.
The Elliott Wave Theory was developed by Ralph Nelson Elliott in the 1930s and is based on the idea that the market moves in a series of five waves in the direction of the trend, followed by three corrective waves against the trend. These waves are labeled with numbers and letters, with the five waves in the direction of the trend labeled 1, 2, 3, 4, and 5, and the three corrective waves labeled A, B, and C.
To use the Elliott Wave Theory, traders typically follow these steps:


Identify the trend: Traders should identify the direction of the trend by looking at the price movements on the chart.


Count the waves: Traders should count the waves to identify the current wave count and to predict future price movements.


Look for patterns: Traders should look for patterns in the wave count, such as triangles, flats, or zigzags, which can provide additional information about the market.


Confirm the wave count: Traders should confirm the wave count with other technical indicators, such as trend lines, moving averages, or other chart patterns.


Enter and exit trades: Traders may enter a long or short position based on the wave count and exit the position when the market reaches a predetermined target or stop loss.


Overall, the Elliott Wave Theory can be a useful tool for forex traders to identify potential market trends and to make informed trading decisions. However, traders should always use proper risk management techniques and confirm the wave count with other technical indicators before making any trading decisions.