Explained: Elliott Wave Theory Analysis Made Simple | Trading Strategy For Beginners

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  • Опубликовано: 6 июн 2024
  • The complete guide to Elliott Wave Trading for beginners and advanced traders. In this video you'll learn what is Elliott Wave theory, why Elliott Wave works, how to spot Elliott Waves, when to use Elliott Waves in TradingView Charting, and how to take trades using Elliott Waves! Elliott Waves work in Forex, Stocks, AND Cryptocurrency!
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    #ElliottWave #WaveTheory #TradingStrategy
    Disclaimer: Trading is extremely risky, most participants lose money. Know your risks before trading. This is meant to be educational, not financial advice.
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Комментарии • 56

  • @TomCrown
    @TomCrown  3 месяца назад +6

    Start Trading Today TomCrown.io
    Join the Community Discord.gg/TomCrown

  • @GuruMarcus
    @GuruMarcus 3 месяца назад +5

    Brilliantly explained! Cant wait for the deep dive.. Thanks Tom !

    • @TomCrown
      @TomCrown  3 месяца назад +3

      Thank you GuruMarcus! Check out the rest of the playlist for more 🫡

  • @kingpeasant_og
    @kingpeasant_og 3 месяца назад +4

    Tom, your educational videos are the best!

    • @TomCrown
      @TomCrown  3 месяца назад +1

      THE BEST FREE TRADING COURSE ON RUclips

  • @Gluca38
    @Gluca38 Месяц назад +2

    Hey Buddy thanks for the Video - i totally get how to measure the Fib Retracement but how is it possible to measure the Fib Ratio in TradingView?
    Thanks a lot!

  • @mawebbzz
    @mawebbzz Месяц назад +1

    Hello Great video, like how you explained everything. Point of correction, I the visual of the "Sharp correction and Flat correction doesn't match the one you describing so im confused on which is which?
    Otheriwse, Great video!

  • @nicsmithmp5
    @nicsmithmp5 3 месяца назад +1

    I've been noticing this trend over the years but didn't know the name! Thanks dude! Love the content.

    • @TomCrown
      @TomCrown  3 месяца назад

      Hell yeah @nicsmithmp5 ! Have you seen the rest of this playlist yet? its small but they are all bangers

  • @ClevaThaPimp
    @ClevaThaPimp 3 месяца назад +1

    nice video T!!

  • @anteb.k.8396
    @anteb.k.8396 3 месяца назад +2

    You need a deep dive into Elliott wave theory, especially with today's markets, they are doing everything to mask these waves and almost every correction seems to be complex.

  • @QuantumDivergence
    @QuantumDivergence 3 месяца назад +1

    This made my soul truly happy brother. Killing it. LFG 125k suba by May 👀

  • @janikdo4560
    @janikdo4560 Месяц назад +1

    Thank you for the video and nice explanation. Just one question please... Wave 3 extends to 161 or 261 of Wave 1 or Wave 2? Graphic shows extension of Wave 2, commentary Wave 1. Thanks for protentional answer.

  • @RUNE_PEPE_WTF
    @RUNE_PEPE_WTF 3 месяца назад +1

    Good vid... couple of points: The main 5 wave structure you use would have to start off with a 1-2, 1-2 thus the peak of W1 should be labeled to the high on the left of where you have it and the peak you currently have labeled as 1 would be the 1 of the lower degree 5 wave structure that makes up wave 3 of the structure you're showing. Also, wave 5 can be longer that wave 3, when wave 5 is the extended wave, just wave 3 can never be the shortest wave -- this tend to happen, in traditional markets, in commodities and since crypto acts more like a commodity it should be noted. I am, or was, an Elliottician. Other than that, solid stuff.

  • @jboybullish6577
    @jboybullish6577 3 месяца назад +2

    Bro these style vids are fire

    • @TomCrown
      @TomCrown  3 месяца назад

      WE MAKiNG IT OUT HERE FAM, STRAIGHT TO THE MOON 🔥

  • @majdeddin6506
    @majdeddin6506 Месяц назад +1

    Hey Tom, how can we calculate the percentages @ 1:51 please?

  • @samuelhostetler9757
    @samuelhostetler9757 2 месяца назад +1

    You earned my subscription with this video. Thank you ! ❤❤ you were recommended by Digital Asset News. 🎉

    • @TomCrown
      @TomCrown  2 месяца назад +1

      These videos are the best content i put out! Have you seen the rest of them yet?
      ruclips.net/p/PLmTqBd8lZpNyBtS5mZ_H8ze6a1sKTQ9Pv

  • @QuantumDivergence
    @QuantumDivergence 3 месяца назад +4

    OUUU BABY. MY FAVORITE 🔥🎸🎸 Tom Crown the GOATTTTTTTT

  • @alek385
    @alek385 8 дней назад

    what is the best time frame on charts to work with elliott wave theory?

  • @isaacgary6801
    @isaacgary6801 22 дня назад

    What time frame are those candles found in the video?

  • @roshanagamage1805
    @roshanagamage1805 8 дней назад +1

    Very good explanation

    • @TomCrown
      @TomCrown  8 дней назад

      Thank you bro! If you enjoyed this, you will love the rest of the playlist
      ruclips.net/p/PLmTqBd8lZpNyBtS5mZ_H8ze6a1sKTQ9Pv

  •  3 месяца назад +1

    Dope ass video!

  • @onderyetiskin
    @onderyetiskin Месяц назад +1

    what is f.k indicator name ?

  • @scalelabs
    @scalelabs 2 месяца назад +4

    Good video but bg music is annoying

  • @ct4883
    @ct4883 2 месяца назад +1

    Hi Tom. How do I get more videos on Elliot Wave Theory? And, what kind of content would I get with the Pro membership?

    • @TomCrown
      @TomCrown  2 месяца назад

      Hi @ct4883 ! I dont have another elliott wave video in the pipeline yet. Maybe you could share with me what else youd like to see/learn about w EW?
      In the meantime, have you checked out the rest of the free trading course yet? LMK what you think! ruclips.net/p/PLmTqBd8lZpNyBtS5mZ_H8ze6a1sKTQ9Pv

    • @ct4883
      @ct4883 2 месяца назад

      ​@@TomCrown Thanks for the reply. Mostly, I'm confused about the time frames-- they show different patterns and I can't tell how they relate to each other. And, are the E waves only relevant if the volume is above a certain level? I just have a lot of questions. Lol. Thanks.

  • @speedracer87
    @speedracer87 3 месяца назад +1

    Awesome video Tom! I find using Elliot waves are way to subjective and I think they’re to many rules. This is the one thing of ta I haven’t tried to learn because it’s so complex. It’ll be interesting to see your next videos on this! Do you use the Elliot wave technique when you’re trading yourself?

    • @TomCrown
      @TomCrown  3 месяца назад

      I do not lmao. But the concept is valueable.

  • @ColinDresser
    @ColinDresser 3 месяца назад +1

    Beautify articulated. Thank you for the breakdown🙏

    • @TomCrown
      @TomCrown  3 месяца назад +1

      Thank you @ColinDresser ! Have you checked out the rest of this playlist yet? LMK what you think
      ruclips.net/p/PLmTqBd8lZpNyBtS5mZ_H8ze6a1sKTQ9Pv

    • @ColinDresser
      @ColinDresser 3 месяца назад +1

      ​@@TomCrown I have have & I will say it's pretty awesome how you give back to the community. No charge just free education on price action and how to be successful. It took me a while to learn proper discipline and to apply the rules which you lay out perfectly in your course. This was a good addition. Knowing where you are in the grander scheme of things is crucial to being able to survive and becoming a profitable trader and here we go w another home run.

    • @TomCrown
      @TomCrown  3 месяца назад +2

      Someone has to do it! Thank you for enjoying them!

  • @QuantumDivergence
    @QuantumDivergence 3 месяца назад +2

    Third comment now, to say that this was one of if not my favorite videos of yours yet! 🔥🔥🔥🔥
    This is flawless. Cuts all the fat and leaves just STRAIGHT MEA8T
    If I had anything from you in future videos, it would be to go into deeper depth on EW theory. It is Fibonacci Retracement Tool V.2 🤌

  • @mrcheems
    @mrcheems 2 месяца назад +1

    Hi! nice

    • @TomCrown
      @TomCrown  2 месяца назад +1

      Hola @mrcheems !

  • @sajairaj
    @sajairaj 25 дней назад

    extremely great graphics !! But fibonacci figures all got wrong.. in wave 4 and 5

    • @TomCrown
      @TomCrown  25 дней назад +1

      What’s wrong with them? I’ll have to look into it

  • @krishanthajayasuriya1809
    @krishanthajayasuriya1809 Месяц назад +1

    Fib settings plz

    • @TomCrown
      @TomCrown  Месяц назад +1

      0 .283 .382 .5 .618 .786 1 1.618 2

  • @mrnobody2492
    @mrnobody2492 2 месяца назад +1

    02:12 Wave 3 dont have to be the longest Wave 🧐 Wave three is not allowed to be the shortest

  • @AMV_editz783
    @AMV_editz783 Месяц назад +1

    SK strategy

  • @jiteshagrawat
    @jiteshagrawat Месяц назад +1

    Why irritating music

  • @jacquelinerose1996
    @jacquelinerose1996 3 месяца назад +2

    😎♥️😎

  • @krishanthajayasuriya1809
    @krishanthajayasuriya1809 Месяц назад +1

    Fibse 2:1

  • @justcallmejoe
    @justcallmejoe 2 месяца назад +2

    What's about to happen has nothing to do with cryptocurrencies. It's exclusively bitcoin. Make no mistake. A supply end to btc will effect the price of btc and only btc. In fact, if anything, conversions from alts towards btc will occur once supply end price actions hits. Other cycles are completely irrelevant to what is about to happen. Forgot your patterns, and your alt coin season. This one's different.

    • @cashflowteacher
      @cashflowteacher Месяц назад

      What about RNDR SOL INJ etc. ? Just asking I'm new to crypto

    • @36louieboy
      @36louieboy 4 дня назад

      @cashflowteacher that guy is a bitcoin Maxi. There's quite a few coins that have outperformed bitcoin this entire rally. Render being one of them. He just wants new ppl to buy Bitcoin so he says this.

    • @justcallmejoe
      @justcallmejoe 4 дня назад

      @36louieboy not true. When there is no bitcoin left to buy, what do you think is going to happen to the price? And when that happens it won't effect the price of anything other than BTC. This has nothing to do whether I'm a maxi or not. And it is inevitable.

    • @TomCrown
      @TomCrown  4 дня назад

      @36louieboy to be fair very few if any, have put preformed Bitcoin on any meaningfully longer time frame

  • @syn4441
    @syn4441 3 месяца назад +1

    👏👏👏🤌

  • @antoniozapata5869
    @antoniozapata5869 2 месяца назад +1

    Tus niveles del fibonacci gracias

  • @LearningBtc
    @LearningBtc 3 месяца назад +2

    🤌