Stocks & Commodities V. 35:13 (36–42): Trading Elliott Waves Using A Top-Down Approach by Mircea Dologa, MD, CTA
Product Description
Trading Elliott Waves Using A Top-Down Approach by Mircea Dologa, MD, CTA
When applying Elliott waves to your charts, one of the challenges is to know which trend to use. Here is an approach that could help you do just that.
Most novice traders may not be aware of the importance of identifying the origin of a trend on the timeframe they are using. The top-down Elliott wave approach is one of the best strategic tools when practicing Elliott wave trading.
There are many advantages of using this top-down approach. The easiest to understand would be never trade against the trend. But which trend? Is it the ongoing trend on the operational timeframe, or is it the dominant trend, which is situated on a higher timeframe? Can you rely on upper timeframes like monthly, weekly, daily, and hourly to better understand the kinematics of the market flow on the 15-minute chart ...
When applying Elliott waves to your charts, one of the challenges is to know which trend to use. Here is an approach that could help you do just that.
Most novice traders may not be aware of the importance of identifying the origin of a trend on the timeframe they are using. The top-down Elliott wave approach is one of the best strategic tools when practicing Elliott wave trading.
There are many advantages of using this top-down approach. The easiest to understand would be never trade against the trend. But which trend? Is it the ongoing trend on the operational timeframe, or is it the dominant trend, which is situated on a higher timeframe? Can you rely on upper timeframes like monthly, weekly, daily, and hourly to better understand the kinematics of the market flow on the 15-minute chart ...
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |