The Chartist - Introduction to Elliott Wave Theory

Nick Radge, Head of Research and Trading at The Chartist® www.thechartis... ran this webinar for subscribers outlining the rules and guidelines for Elliott Wave Analysis.The Chartist® uses Elliott Wave Theory in addition to other technical analysis patterns and methods to make trading and investing decisions. We apologise that the sound quality is not great - we have improved our recording equipment since this video was created.

[@eddysedtiabudiwijayal6312]

THANK NICK,first time SINCE 1 YEAR AGO I WATCHED THIS VIDEO and brought me nothing,BUT by PATIENCE,I try to understand and learn how to apply this course in my trading for months NOW IT GIVES ME GOOD RESULT AND POSITIVE PROFFIT BEGINS THANK U

[@hermease]

Great video. Note: what you call a running flat is usually called an expanded flat. A running flat is when terminus of wave C doesn't reach or go beyond the beginning of wave A.

[@Cosmologist722]

great work Nick. Thanks for sharing your wisdom with humanity !

[@saadalabbad5484]

I like the way how you put things together (Elliot wave+market psychology + classic theory+ end of wave analysis). Nice work man!

[@TheChartistAU]

Thanks, Tony. Glad it was useful - Nick

[@carlosrmz2920]

Nick, thank you for sharing. I'm watched your video as I'm reading along Pretcher, and Ramki. Great work, and thank you!

[@EPSuttaVinaya]

I think the materials presented here must be good however, would just like to bring to your attention the recording isn't very good, especially when saying words that starts with P, the mic breaks.

[@kelvinong1105]

Seeing this in 2015, thanks for the video. Really lovely. Harmonics and Fibonacci user here, been trying to grasp the Elliott wave concepts well. Cheers and thanks for everything.

[@TheChartistAU]

We are just working on the Advanced Elliott Wave video - stay tuned :)

[@MrManuelphx]

Thank you for time and effort in putting this together and giving it out for free! Currently, I am reading The Elliott Wave principal, as well as Bloomberg Visual Guide To Elliott Wave Trading. Some aspects of certain chapters I did not understand so I'm hoping I can use these videos to fill in that void. Thanks again, my greatest regards,..

[@TheChartistAU]

Thanks so much for pointing this out. Unfortunately as it was recorded as a live webinar we won't be able to fix it. We hope you could still follow along though. - Nick

[@AndreSilvaandreforex]

Great Video, thanks soo much,
Ps. Next time,move the mic away from mouth!

[@ultrapurple111]

Hello Mate
I should point a few things out to you for the benefit of all:
18:50 You write that wave 4 cannot overlap wave 1. Actually, they do within leading and ending diagonals.
50:22 this isn't a running flat but an expanded (or irregular) flat. A running flat has its C wave ending before the start of the B wave.
52:25 you state that a triangle's subsequent waves must be within the extremes of its preceding wave. Running and expanding triangles don't follow this.
All the best.

[@ultrapurple111]

I will add that a great real life example of a triangle can be seen on a daily chart of Google (goog) from 20th May to 9th October 2013. You will note that the low of the C-wave is slightly lower than the low of the A-wave and the E-wave is marginally lower (and the lowest) still.
Keep up the good work, fella.

[@TheChartistAU]

The stock is QBE. It is a semi-log chart (refer scaling) which had moved from $4 to $20. Can only be impulsive based on the data we had - which started in 1992 on that chart.

[@tuckebarry]

Tremendous explanation on this theory. Great video!

[@TheChartistAU]

Mohamed, we have just uploaded the Advanced Elliott Wave Theory video. We hope you enjoy it. Trish and Nick

[@mosata8286]

thanks for a wonderful and explanatory session.

[@Javier79ism]

Don't know if ima little tired or this video is a little confusing. But i like the one advanced Elliottwave theory better. I personally use zigzag and multizigzag. Fibonacci 50% or 61,8% procent with a candlestick charting technique signal as you suggested in your other video and if markets goes 75% start looking for a other pattern if im not mistaken.Works like a charm. So far so good. I think combining the other indicators to the Elliottwave introduction kind of confused me a little. Still the guidelines is something that i spotted for myself so indeed you know what your talking about. Oh and i use 5 and 10 SMA deathcross for confirmation. Great info.

[@nonshatter7]

Thanks for posting this video with good clear explanations. One thing I will say though and consider this as constructive criticism, is that your words do not seem to be in sync with the video. For example at 43:29 you are still describing the head and shoulder pattern when the video moves on to something else ('identifying corrections). This happened a few times in the video.

[@foleydvm]

great but a little overwhelming. At the end when you pulled up QVE chart how did you know after the first five waves that you were starting five miore and not ABC correction?

[@rsidric]

GREAT EXPLAINATION ..I have tried to search for your divergence indicator shown at 38.15 without success.what exactly is that and what are the settings? i use MT4

[@alexgold432]

Very good video.

[@touhidurtr]

thanks for nice presentation ....

[@JOP257]

Great video! Many thanks. Will have to go through it several times to fully understand. Will be happy to buy you a beer if you happen to be passing through my part of the world.

[@TheChartistAU]

Hi Jacob, I'm glad you found the video useful. Where are you? - Nick

[@JOP257]

Sandakan, Sabah, Malaysia - where the grog regularly ebbs & flows!

[@TheChartistAU]

Ha! Sounds perfect :)

[@TheChartistAU]

Hi Richard, use a SlowK Stochastic set to 13. - Nick

[@traderlincolnmitchell9786]

good stuff

[@jcsantos111]

Great! Enjoyed alot.

[@salmaa9790]

Thanks

[@ketanthakkar7673]

Which chart is this? I want to know the name of this chart Is it Advanced get ? It's good one I could know something new

[@JoshuaMGJ]

10/10

[@darmawanprasetyono5508]

like