Easy Guide to Wave Terminology and Labelling
In previous posts, we identified waves following the criteria commented in our post "Waves in Financial Markets." This approach allows us to have a...
How to Use Channels to Identify Waves
To differentiate a market movement is necessary to segregate the different waves. The price channelling allows us to identify each wave while the market...
Waves In The Financial Markets
In our previous post, we talked about the laws that govern nature and how observation and experience allow making predictions. We also comment that...
Understanding the Nature of the Wave
The Elliott Wave theory is a popular method currently applied to the analysis of the financial markets. In this articles series, we will explain...
What you should know about Statistics as a trader (and you...
Deterministic and Random Processes
Intuitively we can distinguish between a deterministic event and a random one. A Deterministic event is a process whose development we...
Position Size, Risk and Returns
Introducing the R concept
When trading on the Forex markets, we are living in a world of leveraged instruments. Therefore our potential to control asset...
Risk Management, Pip Risk, and Pip Profit
What do we mean by Risk Management?
Risk management is the part of the trading strategy that deals with how much risk are we willing...
The Trading System Basics I
Automated versus discretionary
The Discretionary trader
People always get into the Forex market and start trading with no system at all. They approach the markets applying...
