Elliot Wave Trading strategy explained.......

Aslam u alaikum,

Dear Forex member umeed karta hun aap sab khairiyat se honge dear members hum 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 strategy explained.......

Definition:


Elliott Wave aik complete theory Hai Jis ko ham properly study Kar hy hi ham Forex trading mein bhat ziada advantages aur learning Hasil kar sakty 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 karny ky 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. Elliott wave theory Ralph Elliott nay develop ki. Ye aik bahut he. Kai traders is theory ko is liye bhi pasand karty hain keh ye trades ky psychological behaviour ki behtreen akasi karti hay aur is waja say woh is theory ko istemal karna pasand karty hain keh ye trend ki reversal main achi aur timely prediction ki help karti hay. Hamain is theory ko samjh kar forex trading main bahut help mil sakti hay.





Types of waves :


Elliot ky mutabiq market mein 2 qism ki waves banti hain aur jisko usne 2 kinds mein describe kia hai. Aur ek pattern mein aap impulsive waves aur usky bad corrective waves ko dekh skty hain. Yeh waves ki 2 types hain jinky bary mein details yeh hain.

Impulsive Waves :

Yeh market ky uptrend ky doran dekhi jai hai aur yeh 5 waves par mushtamil ek wave hoti hoti hai is mein market ki total movement upwards hoti hai aur is mein 3 waves upwards htoi hain jab ky har ek wave ky bad corrective wave dekhi ja skti hai aur 5,3,5,3,5 ka pattern banta hai. Jis mein 3 motive waves aur 2 corrective waves dekhi jati hain. Iski formation mein kuch rules ko bhi mad e nazar rkha ja skta hai jiski wjha se hum bata sktay hain ky yeh waqae hi impulsive wave hai jisky bad corrective wave dekhi ja skti hai.Dear jab aap Elliott Wave ko study Karte Hain To ismein Kuchh Aisi 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 wave :

Impulsive wave ki upwards movement jari rhti hai jis k bad market mn aap corrective waves ki formation dekh skty hain. Corrective waves mein 3 sub waves hoti hain. Yeh market ko ek hi trend mein chalati hai. For example downtrend mein corrective waves banti hain to yeh ek trend ko follow karty huey downwards movement karti hai. Is trha market mein pattern dekha ja skta hai. Kuchh time Jab market retracement Karti Hai To iss mein banny wali waves ko corrective waves Kehty Hain Jab market bearish trend Mein convert Karti Hai Tou iss mein Kuch corrective waves Banti Hain Jab aap Elliott Wave theory ko completely study Karty Hain To iss mein impulse per aur corrective waves ko combine karny per different waves shapes Banti Hain jis mein usko different types Kaise sakty hain.