Some important message for new Forex traders

Dear there is a great message fore new traders. if they want to build their career in forex trading business then they have to work really hard and open a demo account and open small volume trades initially and earn at least 30-40 pips in every trade.

One important quality of Elliott waves is that they are fractals. Much like sea shells and snow flakes, Elliott waves could be further subdivided into smaller Elliot waves.

thanx for tip for new traders kyun k learn k beghair ap kuch nai kar saktay pehlay learn ha phir aur kuch kyun k ap jub tak trade mein learn kar k nai atay tub tak ap profit nai kama saktay ap nay trading mein jitna acha sikha ho ga ap utnay hi kamyab hon gay

We’re going to use stocks for our example since stocks are what Mr. Elliott used but it really doesn’t matter what it is.

It can easily be currenbonds, gold, oil, or Tickle Me Elmo dolls. The important thing is the Elliott Wave Theory can also be applied to the foreign exchange market.

he stock makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons,
cies,

g bhai jan ap ne sahi kaha hai forex ko start krne se pehle yeh sekhna chahiye k forex kiya hai or yeh kese run krti hai us k baad forex ka proper knoeledge gain krna chahiye or jb ap is qabil jao k ap apne account ko run kr sako to ap ko real investment krni chahiye

real or imagined) feel that the price of the stock is cheap so it’s a perfect time to buy. This causes the price to rise.

han dear bilkul sai kaha hai hmy sub sy pehle yeh pata krna lazmi hai k yeh kam hai kya or es k kya faidy or nuksaan hai es leyeh hmy chaiyeh k dihan sy kaam kry or jitna ho sakey forex ko learn kry fr e kamyab ho skty hum

At this point, enough people who were in the original wave consider the stock overvalued and take profits.

This causes the stock to go down. However, the stock will not make it to its previous lows before the stock is considered a bargain again.

Wave 3This is usually the longest and strongest wave. The stock has caught the attention of the mass public.

More people find out about the stock and want to buy it. This causes the stock’s price to go higher and higher.

This wave usually exceeds the high created at the end of wave 1.Wave 4Traders take profits because the stock is considered expensive again.

This wave tends to be weak because there are usually more people that are still bullish on the stock and are waiting to “buy on the dips.”