The World's Simplest Explanation of the Elliott Wave Theory
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- Опубликовано: 2 сен 2018
- We put Elliott Wave - the most powerful stock market trading strategy on the planet - into terms anyone can understand. When you're ready to begin dominating the stock market using Elliott Wave, come visit us at TrendLizard.com!
I've been trading without knowing about Elliott Waves until now and I must admit I found it very frustrating sometimes because I didn't understand the patterns. You, my man, are a star! This video is GOLD and the way you presented it is flawless. I feel like I just discovered a new continent... Trading is going to be so much easier now! Thank you!
Thank you so much for the kind words! It's an incredible theory that NEEDS to be in every serious trader's toolbox. If you want to see this stuff work in real time, come visit us at TrendLizard.com!
oh hello subscriber
This is just unbelievable. I can't believe this video has only got 6k views. This video is worth gold!
Excellent presentation!
Thanks and spread the word!
@@TrendLizard How about we keep the good knowledges to ourselves! :)
Was thinking the exact same thing....
well that escalated quickly
yeah lol. this is insane , great video
The turning on the page at 6:19 and the smoothing of the page at 6:22 .. perfection 👌
Thanks for the explanation. I deserve your respect for the following purpose
1.You didn’t mention money;
2. For not offering any course.
Good stuff! And a new expression: Rocket Surgery. LOL. Anyway, the info is great.
Amongst the best elliott wave explanation. Concise and to the point. Thanks
Truly the simplest EW explanation and very useful! Thanks
Now that we are in the pullback you referenced at @11:00 - Have you thought of updating this video? Love the quality of your explanations, TY
I'm in the middle of a chapter in a book about Elliott Wave and came here because it was bending my mind into a pretzel. Fantastic explanation with clear and relevant examples. Now to apply it to my trading! Thank you!
I love to hear it, so glad to help! We do this stuff in real time every Friday at TrendLizard.com, come visit!
Great tutorial! Fabulous, really!
great work, down to earth, and on point. please add, how to plot the various fib retracements and extensions for each wave
Good video. Very simplistic and straight to the point.
Simple and to the point.... excellent video, thanks!!
Much obliged, very glad to help!
This is great, it’s unreal that this only has 510 views in over a year
Intelligence isnt sexy these days
I agree, spread the word!
47k plus views now.
@@LatinDanceVideos All it took was one of the greatest stock market crashes in history to get people's attention lol
Oh there’s the crash. There’s also the algorithm. I’ve had videos sit dormant for years, then go viral
Great Video! I'm reading his book as a beginner and this has been so valuable to get a better grasp at understanding it! I'm sure i will replay this video dozen of times but i was just about to give up on the book because this part was so confusing but you have been a life saver and help keep me in the learning game!! Thank you!
which part was confusing?
@@tor13128 on the wave one and two
Thank you! Most accurate title ever.
Wow... Just wow... You got some explaining skills! Plus that's a good video!
Thanks, much appreciated!
@@TrendLizard wow in deed ! when u started i was like "aaah , finally , explaining the forces beneath the pattern , context , relevance , vision" u did a thing of beauty dear lizard ! i get why you dont have thousands of views , u're sharing at a real masterclass level , not youtube candy , and thank you so much for giving it for free =)
Good stuff!!
Nice explanation mate! And your voice is much easier to hear and understand unlike the others. Makes it interesting to watch! 😍 Will definitely reco this to friends!
Thanks for spreading the word!
I like when you turn the script page over :)
This is the best explanation of the 31416 videos I've watched, THANKS
Thank you for the kind compliment!
I trade using chart pattern but I don't really trade chart pattern, I trade the underlying of the chart pattern. I really want to know the psychology behind the patterns. Some of my friends use this Elliot Wave, but unable to explain the underlying of the wave. You have done a great job providing the answer I seek on the underlying of Elliot Wave.
So glad to help! When you're ready to take it to the next level, come visit us at TrendLizard.com!
This was amazing, I say this as a university professor.. great job
Thank you for the feedback, it is very appreciated!
i find this stuff fascinating and will look to get deeper into it. i must say however, from my initial feelings on this; there seems to be a heck of a lot of room for interpretation...
thanks again for the great explanation!
Video heading matching with wave explaining ❤️❤️❤️
Great video! Just learning about the Elliott Wave and you are a great teacher! Thanks for sharing!
Thanks Joshua! If you ever want to see this stuff work in real time and how to make it tradable, come visit us at TrendLizard.com!
Thank you. Markets only go up, same as time only moves forward.
Fantastic explanation, I actually understand it now! Thank you!
Very glad to help!
Interesting thing to add into my supply and demand trading. I think these would pair nicely since both are fractal and work on every time frame and market
Sounds like a good complement to one another!
Man, four years ago. Just seeing this video now. It's aged very well.
Thanks. Great video.
Very glad to help, thanks for watching!
actually glad this has on ly 10k views since 5/20'...
Wowww... This is really the world's best video on Eliot's wave 👏👏👌
Love it, thanks for the kind words!
This content is awesome, specially for a newbie trader like me. Thank you!
It is really most simple and greatly explained tutorial I have found!
thank you! it really is the best explanation you can get! keep up with amazing content!
Thanks for the kind words Jan, much appreciated!
much simpler than another video I watched. thanks
So glad to help! If you want to see this stuff work in real time, come visit us at TrendLizard.com!
Thank you so much for putting this together!
So glad to help Timothy!
Hands down my favorite video on RUclips! Really good explanation ! Thank you man!!
Thank you so much for the kind feedback, glad to help!
Great explanation, clear and concise charts. You've just given me a new arrow in my quiver. Awesome.
Glad I could help!
You mean quiver in your arrow, rather
@@TrendLizard Thank you for a great video! Is AMC currently in an Elliot Wave?
@@CalicoJoeJoe That's a tricky one; I'm not confident that stocks with that level of attention and possible manipulation would follow a clean Elliott Wave pattern. When I've tried to analyze it, it seems that the up move is not yet done. That said, there is not yet a sign that the current pullback is over too. I'd rather see the start of a new run before getting in. I hope that helps!
@@TrendLizard It does! Thank you for your time and informative video.
This video is GOLD mate..!!
Such a nice explanation.
Love to hear it, thanks for the feedback!
I like your outlook, thanks
"This bull run is likely to end" little did people know this videos importance back in 2k18, well now you do
Lol so true
when
@Henry Luka yeah nobody here really gives a damn. this is completely not the place. Also, you and the other account talking about this dumb shit were made within one day of each other, so you're 99% the same person
You were saying?
Anyone can be smart after the fact.
Time in the market > Timing the market
“This bull run is likely to end.” “What goes up must come down.” Yawn.
I usually don’t comment but wow 10 out of 10. Thank you so much.
Thanks Jacob, much appreciated!
Impresive! and very practical. Thank you!
Very glad to help!
That's basic explanation and known to most traders, the trick is to be able to identify the counter trend pattern, otherwise you'll never know when the correction is completed
Great explanation!
Excellent Explanation 👍...Well Done !
..
So glad to help, thanks!
Hey gr8 stuff, plz make videos on corrective patterns.. in detail n much more. Examples
Hi D K, Here is my video on corrective patterns, let me know if you have any questions!
ruclips.net/video/PKTkktCtOFs/видео.html
Gold video , thanks!
This was an elegantly crafted, class-act instructional video. Just the facts that matter, the right level of detail and always focused on practical guidance. I applaud the team that put this piece together. It was the best investment education video I have watched.
Tough subject matter too.
Exceptionally kinds words David, thanks a ton!
By no means complete... No inclusion of truncated and extended waves. But very helpful. Well done!
Hi PJ, thanks for the feedback. I was wary of including too many details into this intro-level video, but I did make a video that dives into greater detail of corrective moves, here it is: ruclips.net/video/PKTkktCtOFs/видео.html
You are a clairvoyant. 😀👍👍👍 I had a look at CISCO chart (today is 2021 November 15th). Video had been recorded in 2018 and in 2019 started huge fall of CISCO from about 58 to 32 USD. This fall lasted 9 months.
By the way, explanation was excellent. 👍
Thanks for the kind words Jozef! If you want to see this work in real time, come visit us at TrendLizard.com!
Thank you Sir. This is awesome. This simplified trend movement and change of trends.
Glad to help! We do this stuff in real time at TrendLizard.com, come visit!
Thank you man. Great vid. Just sharpened my trading
Very glad to assist!
Thank you thank you thank you! I've been looking for a video like this!
So glad to help Don! Let me know if you have any other questions as your education continues!
Nice. Thank you !!
Only a fool will dislike this video. Exactly what have been searching for. You are amazing teacher. You explanation is as simple as ABC. May God Almighty grant you more wisdom and bless you abundantly. The best so far!!!!
Thank you! Thank you!!! Thank you!!
You just got a new subscriber!!
Keep it more coming.
Thanks Adebayo, incredibly kind words and they are appreciated! If you want to learn more, come visit us at our website at TrendLizard.com!
Try applying this to a bunch of different stocks and you might be less giddy. There's a lot of cherry picking of time-frames, and it doesn't seem to account for random world events that shape markets. Mass psychology can't force those events to happen in tidy five-wave series.
wow.. amazing explanation!
Thanks, much appreciated!
Someone sent me this video and I truly feel like I was given gold. You definitely earned a sub from me. Thank you so much for the time you took to explain this. You are highly appreciated!
Love to hear it, thanks for the feedback!
Lovely, I ve subscribed to your channel immediately.
Really helpful!
Think any time frame in elliot wave and see how deep you can go!! This is intriguing
This stuff works! If you want to see it work in real time, come visit us at TrendLizard.com where we provide a weekly update every Friday!
Easy to understand, thank you.
Very glad to help Steve!
Excellent. Cheers.
Thank you so much!! I'm researching this for crypto
Glad to help! WE do analyze Bitcoin (through GBTC) on our website TrendLizard.com, come take a look if that's what you're looking for!
I really thanks to you for this great lesson and sharing your knowledge.
Brilliant, thank you!!!!
Thanks great examples too I need to "see" things to understand better
Very glad to help! Come visit us at TrendLizard.com to see this stuff work in real time!
Appreciate your efforts. The EW Theory is still unclear to me. I look for higher highs or lower lows when I trade, using stop alerts when necessary. I'm sure you're a millionaire from this system. If yes, bully for you! Thanks.
Really good video
Thank you for this! We've shared this video with our peer-to-peer futures trading group! A quick question that you may answer in another area/video... In this video you mention that the 2 to 3 run has to be the largest (or equal) of the runs... are you talking specifically about the "length" of the time axis? or the "height" of the price axis? for the 2->3 move... does my question make sense?
Great to hear, thanks for sharing! This is in reference to wave 3 of a trendy move. Wave 3 can not be the shortest up move, meaning either wave 1 or wave 5 of the same move has to be smaller than wave 3, and that is in reference to points, so wave 3 has to be bigger in size. Let me know if you have any other questions!
@@TrendLizard however in your last example 3rd wave was smaller than 5th wave in points and time.
CISCO in 2018 before Covid?? Hope you bought some back then
Simplistic loved it👌
So glad to help!
This was extremely useful because I like to trade impulsive moves after a correction.
You and me both, that is the best time to get in!
Explaination is superb
Much appreciated, thank you!
Excellent video very clear
Are there any apps etc that can find the Elliot waves for you if you have graph up?
Thanks Andrew, much appreciated! There is software out there that tries to find the Elliott Wave labeling automatically, but I haven't had any success with them. We do offer an Elliott Wave trading service at TrendLizard.com, come check it out if interested!
You are a brilliant teacher, thanks for making this video. Very helpful.
Thanks Mandy, much appreciated!
Thank You! 🙂
A great start on elliot wave study
Much appreciated, glad to help!
THANK YOU!!!!
Very good very sharp
Take a look at CSCOs chart for 2019 and 2020 and it almost perfectly follows the pattern
?
This really helped. Thanks a lot.
Glad to hear it, it's a pleasure to help!
wow thanks for this!
outstanding content my dude you are a natural teacher thanks for sharing!!!
I love to hear it, thanks for the feedback!
Great video, thanks
Much appreciated, thank you!
Simple & Powerful.....
I shared this on Twitter but it would probably help more if I had more people following me. lol I'll do my part. This is a great tutorial!
You're awesome, thanks for sharing!
I so much LOVE investment opportunities with profit potential combined with Elliot waves. ⚜
Me too Arthur!
Thanks for this - much appreciated! I have subscribed...
You're welcome Dan, glad to help!
Thank you very much!
excellent explanation. I will re watch
Thanks for the feedback Khaleel!
Thank you sir!
So if I understand this, CSCO completed its 5th wave in April 2019, and the correction from there lasted until October 2020, seemingly putting us in wave 1 from then to now. That means that the correction is coming (likely matching the soon-to-come whole market correction) and then we hit an explosive wave 3. Or I don't know what I am talking about, but it seems to match.
Though it really doesn't look like your Grubhub prediction played out very long. Wave 5's top was within a couple weeks and then it's been a long slow grind after.
CSCO did give us a larger degree pullback off the 2019 high as indicated in the video. We can't say with certainty that this pullback is over; the entire recovery off the 2020 low could be one large B wave within a larger ABC pullback. A move below 42.50 at any point says it is. If instead the pullback did end in 2020, then the up leg that began in October 2020 clearly looks like a 3rd wave or at least the start of a 3rd wave up.
I'm not sure what you're seeing on GRUB; it was an example of a previous setup that already played out and would have been a good trade. I wasn't making any additional forecast.
Kind of the the stock market’s horoscope
Perfect sumary
@@sanctumsomega What do you mean
@@sanctumsomegaSo it's not really as full of bullshit as horoscope if you can find some objective clues as to what's going on in the market?
Best explanation ever!
Thank you, much appreciated?
Great video
Thank you, I'm trying hard but still struggling to get my head around it. In you ARKK (14:09) example you had two lower highs and two lower lows and you still assume its in an up trend? I could have looked at Daily macd and felt ok with hanging on to my current HOURLY trade. I WILL PERSIST. and come back to this video again. Thank you.
Hi Robert, the important thing is the form of that pullback. Pretty much every pullback worth its weight will give you lower lows and lower highs; otherwise no one would ever be fooled into thinking an important high is in. Instead what you want to look for is the form of the pullback; it's a three-wave (ABC) move. If you see a three-wave move like that, you know the pullback is a countertrend move and therefore happening in the opposite direction of the true trend. I hope that makes sense. If you have any other specific questions, email me at Ryan@TrendLizard.com!
@@TrendLizard Many thanks for your reply.I will digest this info. and most likely hit you up with a question..cheers rob
@@robertk6377 Sounds good, that's what I'm here for!
Dude, sick video!
Love to hear it, thanks!
Thank you for the video, I didnt quite understand why is the corrective wave after 5 able to correct to 2009 lows?