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Identifying Elliot Wave Patterns

Identifying Elliot Wave Patterns

Thursday, May 14, 2020

Expert: ALAN GREENWALD
Hosted by: LegacyFX
  • Cryptocurrency
  • CFD
  • Trading Systems
  • Beginners
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The practical goal of any analytical method is to identify market lows suitable for buying (or covering shorts), and market highs suitable for selling (or selling short).

The Elliott Wave Principle is uniquely well suited to these functions. Nevertheless, the Wave Principle does not provide certainty about anyone's market outcome; instead, it provides an objective means of assessing the relative probabilities of possible future paths for the market. At any time, two or more valid wave interpretations are usually acceptable by the rules of the Wave Principle.

The rules are highly specific and keep the number of credible alternatives to a minimum. Among the valid options, the analyst will generally regard as preferred the interpretation that satisfies the most significant amount of guidelines and will accord top alternate status to the description meeting the next most significant number of instructions, and so on.

ALAN GREENWALD

Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking for an expert’s input in their trading strategy.
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