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Elliott based part his work on the Dow Theory, which also defines price movement in terms of waves, but Elliott discovered the fractal nature of market action. Thus Elliott was able to analyse markets in greater depth, identifying the specific characteristics of wave patterns and making detailed market predictions based on the patterns he had identified.
Futures Trading Technical Analysis - the term "technical analysis" is a complicated sounding name for a very basic approach to investing. Simply put, technical analysis is the study of prices, with charts being the primary tool.
The
information contained here was gathered from sources deemed
reliable, however, no claim is made as to its accuracy or
content. This does not contain specific recommendations
to buy or sell at particular prices or times, nor should
any of the examples presented be deemed as such. There is
a risk of loss in trading futures and futures options and
you should carefully consider your financial position before
making any trades.
Futures
and options trading carries significant risk
and you can lose some, all or even more than your investment.