The World's Simplest Explanation of the Elliott Wave Theory

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TrendLizard

TrendLizard

5 жыл бұрын

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!

Пікірлер: 673
@sertaliozer1
@sertaliozer1 4 жыл бұрын
This is just unbelievable. I can't believe this video has only got 6k views. This video is worth gold! Excellent presentation!
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks and spread the word!
@sertaliozer1
@sertaliozer1 4 жыл бұрын
@@TrendLizard How about we keep the good knowledges to ourselves! :)
@tkdsource
@tkdsource 3 жыл бұрын
Was thinking the exact same thing....
@thumperhunts6250
@thumperhunts6250 3 жыл бұрын
well that escalated quickly
@dannankelly
@dannankelly 3 жыл бұрын
yeah lol. this is insane , great video
@KayDay21
@KayDay21 4 жыл бұрын
The turning on the page at 6:19 and the smoothing of the page at 6:22 .. perfection 👌
@pasaris1233
@pasaris1233 2 жыл бұрын
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!
@TrendLizard
@TrendLizard 2 жыл бұрын
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!
@mrfanbeast831
@mrfanbeast831 2 жыл бұрын
oh hello subscriber
@corkyluxembourg4530
@corkyluxembourg4530 3 жыл бұрын
Good stuff! And a new expression: Rocket Surgery. LOL. Anyway, the info is great.
@KC-zv9dj
@KC-zv9dj 5 жыл бұрын
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!
@Viewer13128
@Viewer13128 4 жыл бұрын
which part was confusing?
@demavix2320
@demavix2320 2 жыл бұрын
@@Viewer13128 on the wave one and two
@davidedraghetti1157
@davidedraghetti1157 4 жыл бұрын
Amongst the best elliott wave explanation. Concise and to the point. Thanks
@xartanius
@xartanius 2 жыл бұрын
Truly the simplest EW explanation and very useful! Thanks
@Royalstar369
@Royalstar369 Жыл бұрын
great work, down to earth, and on point. please add, how to plot the various fib retracements and extensions for each wave
@ekowahyudi1642
@ekowahyudi1642 2 жыл бұрын
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.
@TrendLizard
@TrendLizard 2 жыл бұрын
So glad to help! When you're ready to take it to the next level, come visit us at TrendLizard.com!
@tyborg314
@tyborg314 4 жыл бұрын
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
@TrendLizard
@TrendLizard 4 жыл бұрын
Sounds like a good complement to one another!
@davidcolburn2604
@davidcolburn2604 3 жыл бұрын
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.
@TrendLizard
@TrendLizard 3 жыл бұрын
Exceptionally kinds words David, thanks a ton!
@goingpostal8622
@goingpostal8622 Жыл бұрын
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
@pearsonsdiary8017
@pearsonsdiary8017 4 жыл бұрын
Thanks for the explanation. I deserve your respect for the following purpose 1.You didn’t mention money; 2. For not offering any course.
@wilson0tsang
@wilson0tsang 2 жыл бұрын
It is really most simple and greatly explained tutorial I have found!
@ryanb.6257
@ryanb.6257 5 ай бұрын
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!
@TrendLizard
@TrendLizard 5 ай бұрын
I love to hear it, so glad to help! We do this stuff in real time every Friday at TrendLizard.com, come visit!
@QuantumDivergence
@QuantumDivergence Жыл бұрын
Man, four years ago. Just seeing this video now. It's aged very well. Thanks. Great video.
@TrendLizard
@TrendLizard Жыл бұрын
Very glad to help, thanks for watching!
@kalelundberg5198
@kalelundberg5198 3 жыл бұрын
Hands down my favorite video on KZfaq! Really good explanation ! Thank you man!!
@TrendLizard
@TrendLizard 3 жыл бұрын
Thank you so much for the kind feedback, glad to help!
@izdatsweets
@izdatsweets 3 жыл бұрын
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!
@TrendLizard
@TrendLizard 3 жыл бұрын
Love to hear it, thanks for the feedback!
@edj3377
@edj3377 Жыл бұрын
Good video. Very simplistic and straight to the point.
@mml1224
@mml1224 4 жыл бұрын
actually glad this has on ly 10k views since 5/20'...
@giantessmaria
@giantessmaria Жыл бұрын
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!
@martinlorentsen4704
@martinlorentsen4704 3 жыл бұрын
Great tutorial! Fabulous, really!
@janpavlic5703
@janpavlic5703 4 жыл бұрын
thank you! it really is the best explanation you can get! keep up with amazing content!
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks for the kind words Jan, much appreciated!
@ianbierneza2755
@ianbierneza2755 3 жыл бұрын
This content is awesome, specially for a newbie trader like me. Thank you!
@whitexi
@whitexi 2 жыл бұрын
Simple and to the point.... excellent video, thanks!!
@TrendLizard
@TrendLizard 2 жыл бұрын
Much obliged, very glad to help!
@bobandbarbpavlik8118
@bobandbarbpavlik8118 3 жыл бұрын
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.
@marysalter3179
@marysalter3179 4 жыл бұрын
Great explanation, clear and concise charts. You've just given me a new arrow in my quiver. Awesome.
@TrendLizard
@TrendLizard 4 жыл бұрын
Glad I could help!
@justinhunter754
@justinhunter754 3 жыл бұрын
You mean quiver in your arrow, rather
@CalicoJoeJoe
@CalicoJoeJoe 3 жыл бұрын
@@TrendLizard Thank you for a great video! Is AMC currently in an Elliot Wave?
@TrendLizard
@TrendLizard 3 жыл бұрын
@@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!
@CalicoJoeJoe
@CalicoJoeJoe 3 жыл бұрын
@@TrendLizard It does! Thank you for your time and informative video.
@unknownmagic3369
@unknownmagic3369 3 жыл бұрын
I like when you turn the script page over :)
@Isayonelove
@Isayonelove 3 жыл бұрын
Thank you! Most accurate title ever.
@meyzeee
@meyzeee 2 жыл бұрын
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!
@TrendLizard
@TrendLizard 2 жыл бұрын
Thanks for spreading the word!
@jpzink
@jpzink 2 жыл бұрын
Great video! Just learning about the Elliott Wave and you are a great teacher! Thanks for sharing!
@TrendLizard
@TrendLizard 2 жыл бұрын
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!
@FinancialClout
@FinancialClout 4 жыл бұрын
This is great, it’s unreal that this only has 510 views in over a year
@forexcobar7273
@forexcobar7273 4 жыл бұрын
Intelligence isnt sexy these days
@TrendLizard
@TrendLizard 4 жыл бұрын
I agree, spread the word!
@LatinDanceVideos
@LatinDanceVideos 3 жыл бұрын
47k plus views now.
@FinancialClout
@FinancialClout 3 жыл бұрын
@@LatinDanceVideos All it took was one of the greatest stock market crashes in history to get people's attention lol
@LatinDanceVideos
@LatinDanceVideos 3 жыл бұрын
Oh there’s the crash. There’s also the algorithm. I’ve had videos sit dormant for years, then go viral
@godonoga
@godonoga 3 жыл бұрын
Thank you. Markets only go up, same as time only moves forward.
@Larzsolice
@Larzsolice 4 жыл бұрын
Wow... Just wow... You got some explaining skills! Plus that's a good video!
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks, much appreciated!
@kmdao7380
@kmdao7380 4 жыл бұрын
@@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 =)
@mandy81841
@mandy81841 4 жыл бұрын
You are a brilliant teacher, thanks for making this video. Very helpful.
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks Mandy, much appreciated!
@jessisonherway
@jessisonherway 3 жыл бұрын
This is the best explanation of the 31416 videos I've watched, THANKS
@TrendLizard
@TrendLizard 3 жыл бұрын
Thank you for the kind compliment!
@dinaehrhardt7256
@dinaehrhardt7256 2 жыл бұрын
Fantastic explanation, I actually understand it now! Thank you!
@TrendLizard
@TrendLizard 2 жыл бұрын
Very glad to help!
@josephthomas2226
@josephthomas2226 5 ай бұрын
much simpler than another video I watched. thanks
@TrendLizard
@TrendLizard 5 ай бұрын
So glad to help! If you want to see this stuff work in real time, come visit us at TrendLizard.com!
@mohammedabdullatif6001
@mohammedabdullatif6001 Жыл бұрын
This was amazing, I say this as a university professor.. great job
@coltenjosephhenrysbestyout8746
@coltenjosephhenrysbestyout8746 Жыл бұрын
Thank you for the feedback, it is very appreciated!
@Akshadeep27
@Akshadeep27 2 жыл бұрын
Hey gr8 stuff, plz make videos on corrective patterns.. in detail n much more. Examples
@TrendLizard
@TrendLizard 2 жыл бұрын
Hi D K, Here is my video on corrective patterns, let me know if you have any questions! kzfaq.info/get/bejne/hrGEns6lqNqzdqc.html
@adebayotolulope3534
@adebayotolulope3534 4 жыл бұрын
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.
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks Adebayo, incredibly kind words and they are appreciated! If you want to learn more, come visit us at our website at TrendLizard.com!
@DefundTheFringes
@DefundTheFringes 5 ай бұрын
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.
@dlett32432
@dlett32432 3 жыл бұрын
Thank you thank you thank you! I've been looking for a video like this!
@TrendLizard
@TrendLizard 3 жыл бұрын
So glad to help Don! Let me know if you have any other questions as your education continues!
@rcmusicemporium7348
@rcmusicemporium7348 3 жыл бұрын
Good stuff!!
@riseandshine5706
@riseandshine5706 3 жыл бұрын
I like your outlook, thanks
@jacobgago3381
@jacobgago3381 4 жыл бұрын
I usually don’t comment but wow 10 out of 10. Thank you so much.
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks Jacob, much appreciated!
@michaellangone8365
@michaellangone8365 4 жыл бұрын
YAS!! This was by far the most easily understandable explanation of the Elliot Way Theory! Thank you so much
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks Mike, spread the word!
@PJFox-lo8pi
@PJFox-lo8pi 4 жыл бұрын
By no means complete... No inclusion of truncated and extended waves. But very helpful. Well done!
@TrendLizard
@TrendLizard 4 жыл бұрын
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: kzfaq.info/get/bejne/hrGEns6lqNqzdqc.html
@timothyelroy1568
@timothyelroy1568 Жыл бұрын
Thank you so much for putting this together!
@TrendLizard
@TrendLizard Жыл бұрын
So glad to help Timothy!
@manoranjanr3865
@manoranjanr3865 3 жыл бұрын
Video heading matching with wave explaining ❤️❤️❤️
@FeyDeFi
@FeyDeFi 7 ай бұрын
Thank you for the video, I didnt quite understand why is the corrective wave after 5 able to correct to 2009 lows?
@hemanth3565
@hemanth3565 3 жыл бұрын
Wowww... This is really the world's best video on Eliot's wave 👏👏👌
@TrendLizard
@TrendLizard 3 жыл бұрын
Love it, thanks for the kind words!
@martinyable
@martinyable 3 жыл бұрын
Brilliant, thank you!!!!
@SnapSphere360
@SnapSphere360 10 ай бұрын
Think any time frame in elliot wave and see how deep you can go!! This is intriguing
@TrendLizard
@TrendLizard 10 ай бұрын
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!
@MrMegajack55555
@MrMegajack55555 3 жыл бұрын
Take a look at CSCOs chart for 2019 and 2020 and it almost perfectly follows the pattern
@felixzeller5641
@felixzeller5641 3 жыл бұрын
?
@karan36496
@karan36496 2 жыл бұрын
This video is GOLD mate..!! Such a nice explanation.
@TrendLizard
@TrendLizard 2 жыл бұрын
Love to hear it, thanks for the feedback!
@nttan5864
@nttan5864 3 жыл бұрын
Hi Ryan Thank you very much for sharing your valuable knowledge with us. I have been making good progress since learning from your comprehensive videos. Wish to confirm one point that is when applying the rules, do we include the wick or just the body of the price candle? Look forward for your reply. Thanks
@TrendLizard
@TrendLizard 3 жыл бұрын
Hello, glad to help in your trading journey! I include all price action in my analysis, not just the body of the candle. Let me know if you have any other questions!
@nailashaf4387
@nailashaf4387 3 жыл бұрын
Really helpful!
@ldinero3038
@ldinero3038 3 жыл бұрын
Thank you man. Great vid. Just sharpened my trading
@TrendLizard
@TrendLizard 3 жыл бұрын
Very glad to assist!
@waseemmalik2156
@waseemmalik2156 Жыл бұрын
I really thanks to you for this great lesson and sharing your knowledge.
@andytaylor3443
@andytaylor3443 3 жыл бұрын
Excellent video very clear Are there any apps etc that can find the Elliot waves for you if you have graph up?
@TrendLizard
@TrendLizard 3 жыл бұрын
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!
@arthurdevrome8925
@arthurdevrome8925 4 жыл бұрын
I so much LOVE investment opportunities with profit potential combined with Elliot waves. ⚜
@TrendLizard
@TrendLizard 4 жыл бұрын
Me too Arthur!
@mikegayda715
@mikegayda715 Жыл бұрын
Thanks great examples too I need to "see" things to understand better
@TrendLizard
@TrendLizard Жыл бұрын
Very glad to help! Come visit us at TrendLizard.com to see this stuff work in real time!
@robertk6377
@robertk6377 4 жыл бұрын
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.
@TrendLizard
@TrendLizard 4 жыл бұрын
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!
@robertk6377
@robertk6377 4 жыл бұрын
@@TrendLizard Many thanks for your reply.I will digest this info. and most likely hit you up with a question..cheers rob
@TrendLizard
@TrendLizard 4 жыл бұрын
@@robertk6377 Sounds good, that's what I'm here for!
@Rodrigo-tk2fm
@Rodrigo-tk2fm 3 жыл бұрын
Thank you so much!! I'm researching this for crypto
@TrendLizard
@TrendLizard 3 жыл бұрын
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!
@danno1800
@danno1800 3 жыл бұрын
Thanks for this - much appreciated! I have subscribed...
@TrendLizard
@TrendLizard 3 жыл бұрын
You're welcome Dan, glad to help!
@suiteritch
@suiteritch 4 жыл бұрын
wow.. amazing explanation!
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks, much appreciated!
@edemasuquo4775
@edemasuquo4775 3 жыл бұрын
Lovely, I ve subscribed to your channel immediately.
@miguelsanchez8199
@miguelsanchez8199 8 ай бұрын
Nice. Thank you !!
@CptZhu
@CptZhu Жыл бұрын
What timeframe do you have to look at for elliot waves?
@JARODA9999
@JARODA9999 3 жыл бұрын
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?
@TrendLizard
@TrendLizard 3 жыл бұрын
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!
@BilalMellah
@BilalMellah 2 жыл бұрын
@@TrendLizard however in your last example 3rd wave was smaller than 5th wave in points and time.
@stever5224
@stever5224 2 жыл бұрын
Easy to understand, thank you.
@TrendLizard
@TrendLizard 2 жыл бұрын
Very glad to help Steve!
@axelbta8367
@axelbta8367 3 жыл бұрын
Gold video , thanks!
@obiyoojason3344
@obiyoojason3344 10 ай бұрын
Thank you Sir. This is awesome. This simplified trend movement and change of trends.
@TrendLizard
@TrendLizard 10 ай бұрын
Glad to help! We do this stuff in real time at TrendLizard.com, come visit!
@RiversonJoseph
@RiversonJoseph 3 жыл бұрын
This was extremely useful because I like to trade impulsive moves after a correction.
@TrendLizard
@TrendLizard 3 жыл бұрын
You and me both, that is the best time to get in!
@Haier_Soma
@Haier_Soma 3 жыл бұрын
wow thanks for this!
@jozefkostelansky
@jozefkostelansky 2 жыл бұрын
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. 👍
@TrendLizard
@TrendLizard 2 жыл бұрын
Thanks for the kind words Jozef! If you want to see this work in real time, come visit us at TrendLizard.com!
@ziggy2976
@ziggy2976 3 жыл бұрын
Great explanation!
@arifwaqas7892
@arifwaqas7892 4 жыл бұрын
"This bull run is likely to end" little did people know this videos importance back in 2k18, well now you do
@jonb3500
@jonb3500 4 жыл бұрын
Lol so true
@YouRGlorified
@YouRGlorified 3 жыл бұрын
when
@_a_5494
@_a_5494 3 жыл бұрын
@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
@Firstname_Surname
@Firstname_Surname 3 жыл бұрын
You were saying? Anyone can be smart after the fact. Time in the market > Timing the market
@CM-ig2do
@CM-ig2do 3 жыл бұрын
“This bull run is likely to end.” “What goes up must come down.” Yawn.
@gerardsimeon499
@gerardsimeon499 Жыл бұрын
This really helped. Thanks a lot.
@TrendLizard
@TrendLizard Жыл бұрын
Glad to hear it, it's a pleasure to help!
@JasonVellow
@JasonVellow 2 жыл бұрын
Excellent. Cheers.
@Ravver
@Ravver Жыл бұрын
looking at the CISCO chart the 5th wave certainly did take off between Dec 2018 to july 2019 going from $43 to $54 approx!
@mathiassoul9373
@mathiassoul9373 Жыл бұрын
Impresive! and very practical. Thank you!
@TrendLizard
@TrendLizard Жыл бұрын
Very glad to help!
@poves1879
@poves1879 2 жыл бұрын
thank you great work
@TheHector98166
@TheHector98166 2 жыл бұрын
outstanding content my dude you are a natural teacher thanks for sharing!!!
@TrendLizard
@TrendLizard 2 жыл бұрын
I love to hear it, thanks for the feedback!
@ctkmobambi
@ctkmobambi 2 жыл бұрын
Excellent Explanation 👍...Well Done ! ..
@TrendLizard
@TrendLizard 2 жыл бұрын
So glad to help, thanks!
@stevegaspar
@stevegaspar 4 жыл бұрын
Watched this today July 25, 2020. Good stuff! And erily accurate! Thanks for sharing
@TrendLizard
@TrendLizard 4 жыл бұрын
Thanks Steve, glad to help!
@jimodonovan3404
@jimodonovan3404 2 жыл бұрын
Great video, thanks
@TrendLizard
@TrendLizard 2 жыл бұрын
Much appreciated, thank you!
@thembacliford1318
@thembacliford1318 2 жыл бұрын
Simplistic loved it👌
@TrendLizard
@TrendLizard 2 жыл бұрын
So glad to help!
@matthews212121
@matthews212121 2 жыл бұрын
Dude, sick video!
@TrendLizard
@TrendLizard 2 жыл бұрын
Love to hear it, thanks!
@GeeksThroughoutTime
@GeeksThroughoutTime 3 жыл бұрын
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.
@TrendLizard
@TrendLizard 3 жыл бұрын
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.
@mda99das
@mda99das 4 жыл бұрын
Listen to 11.13, this is the most important bit "a pull back to correct the 2009 low"
@friedaho408
@friedaho408 3 жыл бұрын
pretty ominous
@bperez8656
@bperez8656 3 жыл бұрын
Correct it how?
@friedaho408
@friedaho408 3 жыл бұрын
B Perez like, go back to those levels
@dABiGfATLol
@dABiGfATLol 2 жыл бұрын
for the Cisco example where does the bottom of wave 1 start?
@TrendLizard
@TrendLizard 2 жыл бұрын
The January 2016 low.
@JesseCotto
@JesseCotto 3 жыл бұрын
Thank You! 🙂
@jmr152
@jmr152 2 жыл бұрын
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!
@TrendLizard
@TrendLizard 2 жыл бұрын
You're awesome, thanks for sharing!
@portia7854
@portia7854 3 жыл бұрын
THANK YOU!!!!
@alzachary789
@alzachary789 3 жыл бұрын
Thank you very much!
@winforyou4630
@winforyou4630 2 жыл бұрын
A great start on elliot wave study
@TrendLizard
@TrendLizard 2 жыл бұрын
Much appreciated, glad to help!
@MieYhR
@MieYhR 4 жыл бұрын
Had to come back to this to regain confidence. My psychology is the main thing holding me back right now.
@TrendLizard
@TrendLizard 4 жыл бұрын
Give it time, the more charts you look at, the easier it gets. If you need help, come check out our daily service at TrendLizard.com, we look at 40 ETFs a day and identify the best places to trade!
@MieYhR
@MieYhR 4 жыл бұрын
@@TrendLizard I trade forex
@TrendLizard
@TrendLizard 4 жыл бұрын
MieYhR gotcha, keep at it, it’ll come!
@mmabagain
@mmabagain 2 жыл бұрын
I never knew anyone performed rocket surgery. LOL. Great video!!
@coltenjosephhenrysbestyout8746
@coltenjosephhenrysbestyout8746 2 жыл бұрын
Much appreciated, thank you!
@deegee4313
@deegee4313 3 жыл бұрын
Great video
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