Importance of Weekly and Monthly Highs and Lows

Weekly and Monthly Highs and Lows are extremely important and powerful tool for your trading .. the real power of Highs and Lows especially when it represent the higher time frames is that they play a solid zones for Support and Resistance .. 


Day Traders will panic sometimes when they see the price is  moving strongly on the 1 hour or 4 hours time frame without clear reason for them forgetting that the price is actually hitting a Weekly or Monthly High  or Low .. in the following video we will discuss the importance of Higher time frames  Highs and Lows and how you can use it to Maximize Your Profits ..

Risk Reward Ratio Explained

Risk Reward Ratio is a concept you must understand and include  into your Trading Plan simply because you can have a strategy with a winning percentage of about 70 % but you still loosing money .. !!


In the following series we will present the definition of Risk Reward Ratio showing you the numbers game and how you can benefit from that concept in addition to some realistic tools to determine your targets for each trade as Support and Resistance Levels and Round Numbers .. and more ..


Note : there is NO right or wrong Risk Reward Ratio as it is completely related to the current situation on your chart and all you need to do is doing the math in a very simple way to estimate if your method is profitable in the long run or not ..

What is Fair Value ?

Fair Value is a term you might heard about it once , some traders will build their decision according to this number or price however, it is completely wrong to have a trade decision based on Fair Value  alone .. in the following short video Elizabeth Harrow  will give you an idea about the definition of Fair Value  and how it is  calculated ..

Forex Trading Tips To Overcome Fear

Fear of loss or even Fear of trading is a fact that many traders show in their actions regarding Forex Trading .. it is said the fear can be the worst enemy especially when it comes to the trading business .. actually there are some realistic reasons for that behavior but sure enough you can overcome this fear .. 


The following video is listing some logical reasons to have fear from  trading or loosing money and offering few tips to defeat that fear .. remember that fear is really an enemy and must be completely destroyed before it destroys  you .. hoping this video to help .. ☺

Note : About fear from Forex scams you can review the following post .. 

How to choose a good broker - Currency Trading

Controlling Leverage and Usable Margin - David Rodriguez

As a new trader you were told that the biggest advantage of the Forex Market is " Leverage " but, do you really think that this term has only a positive side ? of course not .. leverage can be really amazing thing to use for more profits and can be also the exact opposite meaning a tool to increase your losses and terminating your trading account .. !!


David Rodriguez  is presenting a Lecture regarding the correct way to use Leverage from a Money Management perspective and how you can apply this techniques on real chart examples .. it is extremely important information you must know regardless your trading level or experience .. good luck .. ☺

How to Fix a Not Responding MT4 Platform

In a previous post we presented How to Fix a Sluggish MT4 Platform however, you may find Metatrader 4 seems not responding to any command .. in this case you need to perform a few simple steps to refresh MT4 and make it working again without problems and this is what you will learn in the following video ..

For more illustration about Profiles see the next post ..

 Working with Profiles - MetaTrader 4 Tutorial

Double Top & Double Bottom Reversal Patterns

This video will illustrate the Double Top & Double Bottom Reversal Chart Patterns with real chart examples and listing specific characteristics for each one regarding the formation of the pattern itself , the % of Retracement and volume rules for trading these Chart Patterns .. 


Note : the time of forming these patterns is related to your trading style..  another words Double Top & Double Bottom Patterns can occur on any time frame so the time needed to form the pattern is directly proportional to your trading time frame .. 

see also .. 


Where to look for Price patterns ?

Using RSI for Day Trading the Forex Market

Using RSI in trading can be a powerful add to your trading tools, however traders tend to use RSI in a very different ways like Boris Schlossberg who is presenting his method for using the RSI indicator exactly the opposite way for all academic books ..


This means that Boris is actually consider the oversold condition as a signal to sell and the overbought condition as a signal to buy ..you might think that this is completely wrong but you have to know that there are many professional traders use the RSI signals as Boris does .. !!

George Soros Interview with Fareed Zakaria

A recent interview with George Soros discussing  his own view to the current performance of the US Economy and whether it is really going in a positive curve or not .. 


Soros also is commenting about the recent increase in taxes and what is the consequences of that kind of policies ..in addition to soros opinion regarding Greece and the Euro Zone Crisis , and more ..

Bullish and Bearish Checkmates

Bullish and Bearish Checkmates is a pure concept of price action regarding the real meaning of supply and demand .. simply what we mean by this term is that a potential reversal of the current trend may occur at least for the short term .. 


As a basic trading rules Nothing is 100 % accurate or always right but this is a quick helpful tip for you especially if you trade the short term and like quick profits .. finally don't ever forget that the first rule of trading is that you are Trading Probabilities NOT Certainty ..

Fibonacci Ratio Extensions and Skewing

Ken Chow is discussing the importance of Fibonacci Extensions and how you can extremely benefit from these levels especially the 261 % Level and the 361 % Level extension ..

Ken also is referring to the term " Skewing " and what  does it mean in trading and it's Significance regarding the power of price movement illustrating all these concepts on real chart examples .. very beneficial video and i hope it offers something new to your trading knowledge .. ☺

Note : you don't need to calculate any thing as most platforms like Metatrader 4 will allow you to add any level you want and calculate the ( % ) for you ..

How To Profit During The Liquidity Crisis - Bill Poulos

As a trader you know that Financial Crisis is the time at which the market is making a a huge Down movement due to lack of Liquidity in the market as no one wants to buy anymore .. and exactly as what happened in 2008 some traders made millions of dollars just benefiting  from the Crisis ..


In the next video Bill Poulos is presenting an example for a stock that came into crash and how you can play this types of stocks using a very simple & basic rules of Technical Analysis and also How to Trail your stop for more secure profits ..

The Best Way To Trade the News

This is a realistic webinar regarding Trading the News presented by John Paul  who will present his view to the news and how you can trade it in a logical and profitable way .. 


John is a Price Action Trader who integrates his understanding of the price behavior with the nature and outcomes of News Reports so, listen to John and see how he waits for specific characteristics and price movement in order to take a trade based on the News ..

Fixed Risk For Money Management

When your Money Management Rules is varying from a trade to another it becomes more difficult to keep following these rules and to have a well evaluated money management principles .. 


I am not saying that you must have a fixed amount of risk as an unbreakable rule for trading but, i don't recommend that for beginners and strongly advise to follow a fixed risk for each trade as a beginner trader .. 


In the following video we are discussing the idea of Fixed Fractional Money Management and how it will affect your result and equity curve after a number of trades ..

Easy and Funny Way to Earn Money In FOREX

This is exactly the kind of videos that i couldn't make my self stop form laughing .. ☺ , really i don't know how you can believe this .. 
with all rules and principles i didn't find an easy way to earn the 1 Million Dollars however those kind of ads are really living in other planet .. 


Just watch the easy math turning 500 $ into 1 Million $ .. oh ya ?
really ?! .. 


Personal Advice : If you really want to success in the trading business first thing you have to do is forget all these ads .. trust me they are living in their imaginary world and they know as exactly i know that they are lying in a massive Dishonest way .. and the final judgement of course is yours ..

How to Change Your Investor Password In MetaTrader 4

Investor Password is a feature provided by  MetaTrader 4  Platform to enable any person to watch and follow up your trades and results without the ability to trade your account or even make any changes regarding your positions .. 


In this video you will learn how to change the Investor Password in case you would like to do that for any reason ..

Using Fibonacci to determine High Probability Profit Targets

Fibonacci tool as i always say is really amazing trading tool when used in it's right context .. Fibonacci levels can provide you not only with entry points but with Exit levels or profit targets as well ..


In this webinar Jeff Kilian a master trader will teach you how to use the Fibonacci tool for high probability Profit Targets in addition to few important tips regarding the drawing of Fibonacci Levels .. a good video to increase your knowledge and be more familiar with using Fibonacci in trading any market ..

The Contracting Triangle in Elliott Wave

In a previous post we discussed the Broadening Top Pattern and it's specific characteristics .. this pattern can be considered as an Expanding Triangle .. 


In this post we will discuss the Contracting Triangle from an  Elliott Wave  perspective starting with the correct way to count waves then, how to project it's profit target .. understanding these types of price action really can make a difference because during that time you will find every trader around you is asking others searching for the " Guru Analyst " who can help him and till him what to do .. !! 


Be your own analyst by learning your self and i promise you that you will reach your goals ..

The Most Profitable Forex Pair - Peter Bain

Peter Bain is presenting a video regarding the most Profitable Pair  in Forex trading which is the EUR/GBP as 1 pip = 15 US Dollars per 1 Standard Lot ..


Peter is covering a trade on that pair using the Moving Averages  and MACD Divergence .. illustrating how to go with the trade and what will be your profit target .. nice video for training your eyes with the charts using the simple signals of technical indicators ..

123 Pattern Trading - Lee Gettess

A section from Lee Gettess's Lecture regarding  the 123 Chart Pattern .. Lee is talking about his view to this repeatedly occurring  pattern on the chart and how he trade it and what he considers to be a valid 123 pattern and what is not .. 


The 123 pattern is really a very powerful trading tool you can either use it separately or combine it with your trading strategy to have a better entry like Lee Gettess does  ..

How to Fix a Sluggish MT4 Platform

Sluggishness in Meta Trader 4 Platform can happen with any operating system due to the History Files updated and loaded every time you are opening your Platform ..


In the following video you will  learn few simple steps to refresh your MT4 Platform and make it work in a better and faster way without any Sluggishness again ..

Note : the same simple steps can be applied to any MT4 Platform not just IBFX Platform .. just follow the same folders path and you will be OK .. 

Andrews Pitchfork Explained in Trading

In this video we will explain the use of  Andrews Pitchfork in trading starting first with the basic concept behind  Andrews Pitchfork theory then , we will discus the formation of Median Line, Reaction Line and Price Channel formed by the upper and lower Pitchfork channel ..


Andrews Pitchfork is a tool needs more practice to be efficient  in using it in your trading strategy so, be sure that you are drawing it in the right way and be realistic when you choose your Pivots ..

Creating a Trading Plan - Tim Racette

Tim Racette is a full time trader presenting a wonderful webinar regarding how to create a Trading Plan .. Tim is talking not only to the beginners and take them through step by step process to develop a trading plan but also to experienced seasoned traders giving them some methods and techniques to improve their plan .. 


Tim is also referring to the importance of Trading Discipline and how to calculate and  Manage your Trading Risk .. and more in this helpful presentation ..

Types of Doji Candles

Doji  is a Candlestick Pattern at which the opening and closing price are the same .. there is different types or shapes of Doji  pattern including :

- Dragonfly Doji

- Gravestone Doji 

- Long Legged Doji   

Note : there is many different names for Candlestick Patterns as a whole but these are the common names .. also remember that the  Doji Pattern must be in a context not stand alone on the chart ..

Parabolic SAR Indicator Basics

Parabolic SAR is an indicator used widely in many trading strategies in different markets .. in this video you will have a quick look at the very basics of Parabolic SAR indicator and what is the idea behind it's dots ..


More regarding this indicator will be posted in the future .. ☺

The Broadening Top Pattern

Broadening Top is a kind of complicated pattern to some degree for traders who are not experienced with the chart .. the complex part for most traders is in forming Lower Lows and Higher Highs    ( LLs & HHs) ..  


We all know that the market is either in an uptrend , down trend or consolidation so, when you find a series of ( LLs & HHs) it becomes unfamiliar for many traders .. in the following video Tony Cherniawski is illustrating Broadening Top Pattern with real example on the chart so, Be awake .. ☺

Candlestick patterns - CMC Markets Webinar

This is a webinar presented by CMC Markets Education .. in this presentation we will discuss the concept of Candlestick patterns  and combining them with western Technical Indicators .. 


First we will start with the very basic information regarding the candlestick formation then you will learn few different patterns that occur almost on a regular daily basis .. very beneficial and helpful webinar especially for beginners so, i hope you learn something from it ..

Carolyn Boroden - Market Turning Points Using Fibonacci Extensions

In this short Interview with Carolyn Boroden regarding the use of Fibonacci Extensions in trading Carolyn is referring to the importance of these levels and how you can benefit from them ..


Carolyn is also commenting on the very popular saying " Fibonacci is a Self Fulfilling Prophecy " so, listen to her opinion about that ..

How to make better decisions - BBC Horizon

As a trader you are dealing with decisions all the time .. should i buy ? should i sell ? is it the end of this movement or it will continue ? and more endless questions that need answers and strict decisions ..  


What science is saying is that your decisions is affected by many factors and circumstances which is something you must know as a trader to have a better chance for success month after month and year after year .. i found this Documentary is really important in it's concepts and strongly related to the trading community so, i hope you benefit from it ..

It's Not The News That Matters

From an Elliott Wave perspective Jim Martens is presenting his view to the market during times of News release ..

We all heard about the concept that says avoid trading during news and that kind of trading schools but when it comes to reality even if you are not involved with trades during the news you will find that  sometimes the market is  responding to the news in a  strange unexpected manner as you may describe .. 


Actually it is not the news that determine the immediate response of the market but there are certain Price Action and Price Patterns that can heavily impact the news effect on the chart .. see the following video with Jim Martens  to get more understanding of what we mean here ..

Wick Trading Strategy For Scalpers

Scalping is a style of trading that many traders love and wish to be professional at playing with it ..it refers to trades opened & closed within few minutes taking very small profits and go away and reenter if you have another opportunity according to your strategy ..

Actually i personally don't prefer this kind of trading and strongly recommend for beginners to stay away from it  at least until they have enough experience .. in the following video you will learn a scalping strategy based on candles wicks in order to have a quick 5 pips profit or more .. 


Remember that scalping if not managed in a very very strict way it will end with one well known story called Margin Call  = Loosing your account .. ☻

Bollinger Bands Basics

Bollinger Bands  is a very popular indicator used by many traders for different trading purposes .. Bollinger Bands  is considered to be mainly as a Volatility indicator and also as a Support and Resistance levels through it's upper and lower bands ..


In the following short video we will have a basic idea about the construction of Bollinger Bands  and what is the aim of using it in your trading ..

Tweezer Tops & Tweezer Bottoms - Candlestick Chart Patterns

Tweezer Tops & Bottoms reflect a real shift in momentum at the time they occur .. i am not saying that the previous trend will reverse but what i mean is that something is wrong with the current directional price movement .. 

Personal Note : in the following video some examples are not accurate enough  regarding the Tweezer Tops & Bottoms and the ideal Tweezers are exactly like the thumbnail of this video and also like the image right  to this post  , more will be posted in the future to ensure this price pattern and make it clear ..

Show More Currencies in MT4

If you are a trader who looks at 20 or 30 charts or even more it is useful to know that many Forex Brokers will show only few currency pairs and in order to show all of the charts provided by this broker all you need is 2 simple steps in Meta Trader 4 .. 


The next video will teach you how to show all the currency pairs on your trading platform and even to show some stocks if your broker is supporting them for his clients ..

123 Chart Pattern Trading

123 Chart Pattern is a very powerful pattern that almost occurs every trading day on any time frame .. many strategies and techniques were based on this pattern so it is important to be aware when you see it on the chart .. 


In this webinar you will learn first how to identify the 123 price pattern on the chart and how to wait for specific setups to enter your trade .. also we will use the Stochastic Indicator in this method in combination with Price Channels ..


Note : there are many ways to trade the 123 chart pattern and in   future posts i will present more about this pattern ..

Would You Buy OR Sell ?

This is a quick exercise video for Steve Nison regarding trading the candlesticks price action .. you should pause the video and list your reasons for either buying or selling this chart ..




Steve also is referring to the term " Change of Polarity " which is no more than we all know as when a support level is broken it becomes resistance and vice versa .. don't forget to look at the Trading Cartoon image at the end .. ☺

How to Calculate Risk Capital in Forex

After presenting many theories and rules  for Trade and Money Management many beginners when they apply these rules on their trades they  don't get it in the correct way so , I picked this video to walk you through the steps in details to calculate your risk in trading the Forex Market .. 


This presentation is applying the rules on the GTS Platform but  you can definitely apply it on MT4 Platform .. see the following

Placing Orders - MetaTrader 4 Tutorial

The Difference Between a Stop and a Limit Order 

5 Steps to Make a Winning Trade

This video is actually gathering the whole trading process in a 5 simple steps that should be implemented in any trade .. these 5 steps is listed as following :


1 - Analyze the Market 
2 - Select  a Bias 
3 - Structure a Trade
4 - Manage Risk 
5 - Enter and Monitor the trade 




Details will be presented in this quick video ..

Diamond Top Chart Pattern

Diamond  Pattern is a kind of patterns that rarely occur on the chart as they take long period of time to form after a major well defined up or down trend .. 


In the following video you will learn in details specific characteristics of the Diamond Top Chart Pattern on the NYSE  example .. looking at different time frames to understand the formation in a more clear way ..


Always remember to look at chart patterns in their right context .. see Where to look for Price patterns ?

Pivot Points as Support & Resistance - John Person

John Person  in a short Traders Interview video  is presenting first  a definition for Pivot Points then he mentioned few tips regarding the use of Pivots as a support and resistance levels in a bullish market ..




In my opinion Pivot Points is a tool can be used successfully in trading any market but can't be a stand alone system .. another words you need to integrate Pivots with other trading tools like Candlesticks Patterns , Elliott Wave or any other trading tool you prefer to get better results for your trading account .. ☺

Drawing Flags In MT4 Platform

For traders who love Chart Patterns Trading this quick tip will help you in drawing the Flag Pattern using the Meta Trader 4 Platform .. and of course this feature can be applied also on other objects like triangles , rectangles and other shapes you need in your trading with patterns .. or even as a reference for your trades ..


Hope you find it helpful .. ☺

Fibonacci Concepts In Forex Trading

Fibonacci trading is a joy on the chart that can make you money but the real question is that do you apply Fibonacci principles in a correct way or not  ? 

One of the most killer mistakes when using Fibonacci in trading is picking the wrong swing highs & lows .. simply this will mean that all your Fib levels will actually be completely wrong .. in the following Fibonacci webinar you will learn how to pick highs and lows to draw your Fibonacci levels and how to relate different time frames for better trade entry and better Trade Exit ..

Identify Trend Changes using Highs and Lows

Trend is your friend as they always say however trend doesn't last for ever .. when you can identify an early change in the dynamics of a trend it is really an amazing talent that keep you away from giving back all what you already made in terms of profits .. 


I am always wondering why traders are searching for a complicated indicators or formulas that can tell them a change in a trend ( as they think ) instead of understanding the price behavior with it's very simple principles .. !! 


In the following short video you will have an idea about the trend structure and how to keep watching Highs and Lows to make sure that the trend is still intact & strong ..

Tight Stops - Risk Management for Trading

When it comes to stop loss many traders especially beginners will tend to use tight stops , other will use a wider stops in order not to get stopped out as they believe .. actually the real answer for using wide or tight stops is not a black and white issue ..


What i mean is that placing stop loss is actually related to your setups or strategy rules not to just assuming that it should be ( x ) number of pips .. in the following video you will have a better idea regarding this concept and how to be realistic in choosing the place of your stop loss order ..

Andrews Pitchfork - Joe Duffy

Pitchfork  is a tool described sometimes as an old trading technique but actually this tool is working till today .. this is a part from Joe Duffy 's lecture discussing the basic principle behind Andrews Pitchfork  and how to use it in trading .. 


Always remember that trading tools are limitless in number or uses and all you have to do is to pick one or two of these  tools and be the best in using them .. You don't need to master every thing to be a good trader or investor just focus on simple approaches to reach your financial goals .. ☺

Effective Time Management for Traders

As  a trader in a 24 hours market like the Forex Market you can easily spend 5 or 6 hours in front of the screen without even noticing that .. !! so it becomes crucial to manage your time effectively to be more successful trader .. 


In my humble opinion i found that most beginners are actually wasting extreme amount of time just looking at the screen without even studying certain pattern or price action for example .. and at the end of the day they become tired and can easily respond to any price signal and enter a loosing trade .. why ?


Because they are scratching their heads all day long looking at the chart without any kind of time management .. i am not saying that studying the market for hours / day is something bad no of course not but what i am saying or referring to is a trader without purpose looking at the chart sitting in front of his screen or may be several screens wasting his time with no value after that .. !! 




This webinar will show you some principles to effectively use your time and end each day with maximum benefits either you are a trader or any other job .. hope you find it helpful .. ☺

Jake Bernstein - Setup & Timing Triggers

Jake Bernstein and his really well respected view to trading and to the market is presenting a webinar showing some of his techniques and methods for Day Trading and Swing trading ..




Jake is a trader now for about 45 years so , i think that any one regardless he is a beginner or a professional trader should really listen to this man .. Jake is saying that if a trader has no clear rules and triggers for his trades he will definitely end with losing his money .. another words Jake is referring to the intuition and interpretation and that kind of words that shouldn't be in the trading dictionary at all .. !! and more in this interesting webinar .. 

Earn More by Risking Less

Jeff White is talking about the importance of Risk and Trade Management and how powerful  it can be when you apply the rules correctly .. 


Jeff  refers to that you don't need to risk more to gain more but you can risk certain percentage  for each trade and still making a very good money .. also the need to keep confidence in your trading by following your Trading plan .. quick & interesting Interview ..

How Do The Rich Profit In Crisis Times

This video is presenting the idea of that the US Dollar is not representing it's real value even when we compare it to the Gold price for example .. gold is not changing in value it is the Dollar that is losing value .. !!




The Monetary Policy is actually helping to create a  Financial Crisis in a more deep way by printing more and more money .. so how we can solve a problem with a  continuation of these kind of policies ?

Round Tops and Bottoms

Rounded Top and Bottom is a form of Chart Pattern that actually don't happen too much but still appears from time to another .. 


In this short video we will have an idea theoretically about these kind of patterns and what are their most important characteristics to trade them .. in future posts we will have this pattern in more details ..

How to Trade Gaps in Forex Market

Gaps in a market like the Forex Market may not occur too many times .. but there is no doubt that it can be traded effectively .. 


In this quick video we will have a look at different types of gaps regarding the Forex Market and how you can trade them with a clear differentiation between the Novice gaps & the Pro gaps ..

Oliver Velez - Using 200 Moving Average

 Oliver Velez  in one of his lectures is talking about the 200 Moving Average describing it as " The Mighty " .. as it is the most moving averages watched by the majority of traders for many different markets .. 


Oliver is showing you how to use this 200 moving average as a support & resistance and illustrated his trading signals either buy or sell according to this moving average ..

Carolyn Boroden - Introduction to Fibonacci Time and Price

Carolyn Boroden  who is called Fibonacci Queen is presenting a great Fibonacci Webinar discussing her favorite setups to enter a trade .. 


What is really special about Carolyn's method is that you can identify exactly what is your risk and what is your profit target which many strategies and systems don't provide in a clear way ..



Carolyn  started her presentation by defining her used Fibonacci Ratios including retracements , extensions and projections .. then she will illustrate every thing with many many charts .. hope you find it beneficial to your trading ..

Compound Interest Explained

Interest Rate is a kind of what you will get for Investing your money in a bank .. when this percentage of compound interest either it was 1 % as in US or around 4 % as in Australia is left for years it will transform into huge amount of returns .. 


The concept of Compound Interest may seem like a long way investment but numbers don't lie anyway .. my note here is that we don't know after 50 years for example what will be the situation for  Inflation which reflects the real power of money purchasing capability .. watch the following video and just think about it ..

Historical Data in MetaTrader 4

In this short video you will learn how to get the Historical Data file then load it to your Forex Broker platform .. in addition to few tips regarding the use of this file in different platforms .. 


Historical Data is important for traders who are interested in back testing different Expert Advisers or strategies ..

Tips to Improve Head & Shoulders Chart Pattern

Head & Shoulders Pattern is a reliable chart pattern that actually reflects some interesting Market psychology .. understanding the inner details of this pattern will help you not only in choosing a better Head & Shoulders  patterns but also in understanding how to be flexible with the market and trade what  you see not what you hope or guess ..


In this webinar you will understand some specific details regarding Head & Shoulders pattern and how to differentiate between the right and left shoulder .. how to expect volumes in both shoulders and how to determine your profit target ..


Also how to use Trade Management for maximum profits with this pattern with more safe stop loss placement .. and more .. 


Note : I personally don't use any kind of Automated Trading or even recognition software or indicator because i consider that human mind is much more powerful than any existing automated system on earth .. !! 

 

Why Gold & Silver ? Investing In Precious Metals

Cash is Trash .. !! .. this was the opening statement of this astonishing Financial Documentary .. Mike Maloney tells all about  Investing In Precious Metals and why you should care about that ..


Mike is differentiating between Currency and Money and talking about the real power or capability of this paper .. he described the Federal Reserve with neither federal and nor has reserve .. !! saying that if you go to their official website you will be amazed in the FAQ area that their answer about whether the federal reserve is a private bank or not  is not clear by any meaning .. !


Mike also commented about that we are having a unique situation these days by having more Gold than Silver to buy which is considered to be extremely rare opportunity to buy Silver instead of buying Gold .. 


And more in this really wonderful documentary .. 

Elliot Wave Theory - Basics

This video is covering the basics of  Elliot Wave Theory and differentiate between the predictive and the reactive action of trading .. 


Elliot Wave is not a tool to predict the market by any meaning but it is actually a tool that  helps  traders  to understand the inner dynamics of the market or what we call it the price behavior .. 


In this video you will have a look about what Elliot said regarding that the market is moving in a 5 Wave pattern with a Correction in different forms ..  and more ..