Dow Jones Elliott Wave & GBP/USD intermarket analysis

Please feel free to come join my network:
www.traderlounge.co.uk

Interested in my free newsletter?
http://lpuk.us1.list-manage.com/subscribe?u=6f430c08c7c541285612f19e5&id=...

This is my interpretation using Technical Analysis and Elliott Wave Theory to look at financial markets. Elliott wave is my preferred tool when looking at the stock market, I believe that it can work to reflect the "psychology" of the market quite accurately.


This video should NOT be taken as investment or trading advice.

Category:

Education

Tags:

• FTSE
• 100
• Dow
• Jones
• Elliott
• Wave
• Theory
• Robert
• Prechter
• Technical
• Analysis
• S&P
• 500
• Gann
• Financial
• Trading
• Charting
• Schiff
• Stock
• Market
• Wall
• Street
• Crash
• Broker
• Wrong
• Count
• Bull
• Inflation
• Deflation

[viseshgami]

funny looking at the comments, Max thank you for taking the time - (you're free time) to share this, and take all the criticism too,with a pinch of salt. I guess once you start doing research for yourself, rather than reading someone elses research & living by it, you will be better off. it takes balls to do what u do. cheers Max

[Andronichuk]

@viseshgami Thanks Man. Much appreciated :)

[TheSion88]

Thanks Max.

Is it possible to comment on the Japanese market. It seems to have followed an elliott wave pattern since the high of 1990. When it finally hits the bottom, it seems likely that it will pave the way for an uptrend of large proportions in the major markets and so is important to analyse. Looking at the net it seems very few if any with a knowledge of elliott wave comment on it.

sion_davis

[MyREDORANGE]

THANKS MAX

[Andronichuk]

@orangedac Thanks Orange. :)

I might just be having a lucky streak.. but market is lookg GREAT at the moment :)

[orangedac]

@philolson321

prechter has got stuff wrong too.

in fact this guy has been more right than prechter if you've been tracking him.

[Andronichuk]

@jpandyaraja Thanks Jpandyraja.

Yeah it's getting interesting. So far today Dow is doing exactly as per the script.

You should come join us on the Trader Lounge and share some charts and ideas with members.... the live chat box is mighty adictive during live market hours :)

[jpandyaraja]

@Andronichuk i understand you perfectly........if you are right then C waves are

powerful waves, so the market would have a very fast and a large fall right now..

there should be no hesitation on the part of the market now..........anyways , i admire your sporting spirit and lets see how it enfolds next...

[Andronichuk]

@jpandyaraja I understand your idea and I think it could be a valid alternative count for me to use... I think someone else has also shown me a chart with this idea.

But at the moment, it looks like the Dow has made 5 waves down on the 15 min chart suggesting there will still be some more downside to come before we have to see whether it is indeed a wave "b" or a wave 3 of C as per my count.

[jpandyaraja]

@philolson321 i dont know why you are so hooked on prechter....the man was wrong

for 10 continous years from 1987......to 1997............robert prechter is a complete

fraud and a sensationalist...........and remember ever a broken clock is right

twice a day.......