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Faces of Waves Illustrated 1: Impulse wave | by Rational Move
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Faces of Waves Illustrated 1: Impulse wave

It is no doubt that Elliott wave principle is one of the most powerful

trading strategies.

But the principle is notorious in that it requires a lot of

memorizations and pattern recognitions to be correctly and fully

applied as trading strategies.


So, in this "Faces of Waves Illustrated" series, I am going to

describe the characteristics of typical price patterns from the

Elliott wave perspective.


Fortunately, I accumulated my analysis notes enough to give real life

examples to each descriptions.


I will produce as much diagrams as possible so that more people can

easily learn Elliott wave.


The production of good diagrams takes great amount of effort. So,

production may be slow. Please be patient.


I hope Faces of Waves Illustrated (FWI) series will benefit many of

you as well as myself.

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Taken on January 4, 2010