Running for Those in Need of Hope
Running Hope
Home About Us Join Running Hope Events Be Inspired Donate

Ella Chapple

Total Number of Gifts: 0
Total Value of Gifts: $0.00

This theory is a very popular tool used in the technical analysis that allows brokers to predict the evolution trend of the currency market, or any other market, such as for example the stock market. Elliott's wave theory is based on the specific form of the currency market developing in three main waveforms of the principal trend followed by three on the opposite trend, considering mass psychology.

As Ralph Elliott says, the prices of the traded currency pairs evolves in waves, five impulsive waves and three corrective waves. Impulsive waves give the main direction of the market expansion and the corrective waves are in the opposite direction.To fully understand the Elliott's wave theory, it is important to understand the psychological reasoning of each of these waves, because the zig-zag of the prices is the variation of investor optimism and pessimism.

Here's what happens on a growing market:

Wave 1 (impulsive) is an increasing small wave, a light pressure of demand (Bull Move). In Wave 1, prices rise because of a relatively small number of participants who buy traded currency pairs, for fundamental or technical reasons (speculation), pushing the prices up.

Wave 2 (corrective) is a decreasing wave, downward pressure in the supply (Bear Move). After a significant growth, investors may receive fundamental and technical signals that the currency was over purchased. In such a moment, wave 2 increases when people who initially bought decide to take advantage, while the newcomers initiate short positions. Price starts in the other direction, but generally does not pass over the minimum initial position which initially attracted buyers at a moment of the wave 1.

Wave 3 (impulsive) is an increasing small wave in a pressure of the demand (Bull Move). It is often the longest of the five waves, wave 3 is a sustained wave when a large number of investors were mobilized by wave 2 to buy. With a larger number of buyers, the safety margin increases, extending above the maximum price originally formed by the wave 1. At this point the threshold of resistance is one of support.

Elliott Wave DNA http://www.jennreviews.com/elliott-wave-dna Nikola Delic

Wave 4 (corrective) is a small wave in a supply pressure (Bear Move). At Wave 4, buyers start getting tired (they remain without money or optimism) and again use the over purchasing signals. Generally, there are still quite enough buyers on the market, so here the decrease is relatively small.

Wave 5 (impulsive) is an increasing small wave in a demand pressure (Bull Move). Wave 5 is the final movement of the observed sequence evolution. Right now buyers are all motivated by greed rather than fundamental or technical justification, to buy and bid higher prices elsewhere. Normal price reaches a maximum before starting to move in the opposite direction.

Guest Book

If you would like, you can add your name and a short message to our Guest Book. Thank you.

Sign the Guest Book

Records 1 - 25 of 1,001+

Lynwood Chapa
Mon, Jan 23, 2017
Precisely what I was searching for, regards for putting up.
Feel free to visit my website :: paint preparation ( %url )

Sebald Kraschka
Mon, Jan 23, 2017
Wow, gorgeous portal. Thnx ...
Also visit my webpage :: beachwear over 50 ( %url )

Darnell
Sun, Jan 22, 2017
Wow because this is really excellent job! Congrats and keep it up.
my weblog :: Cetak id card ( %url )

Victor Clemente
Sun, Jan 22, 2017
Great looking website. Think you did a great deal of your very own coding.
Feel free to surf to my web blog - cieci laserem ( %url )

Vada
Sun, Jan 22, 2017
Over the next few years, with fuel prices expected to steadily increase even more, the sale of small cars is set to rocket. 4 Kitkat OS QUAD CORE GA5163F Android Car Stereo with 8 Inch Capacitive Touch Screen. The federal government provides you a proportionate deduction from your taxes equivalent to the complete valued from your car donation.
my site: Nursing Jobs ( %url )

Norris Cook
Sun, Jan 22, 2017
I like this website - its so usefull and helpfull.
Feel free to surf to my webpage :: luxury car ( %url )

Leland
Sun, Jan 22, 2017
If you would like to increase your know-how only keep visiting this site and be updated with the most up-to-date news update posted here.
Review my site :: does essential cultures probiotics work ( %url )

Gwendolyn Blount
Sun, Jan 22, 2017
Unlike Neopets and Habbo, they were first and foremost a toy manufacturer that got into the Internet. First and foremost, every kids_ web community that charges has a similar business model. Everybody has said they want to be a vampire; I'm not sure if that's because of True Blood, or Twilight, or whatever other popular vampire things out there right now.
Feel free to surf to my weblog ... club penguin walkthrough ( %url )

Marsha
Sun, Jan 22, 2017
In a time period where upheaval was the normal occurrence of many of the people then, Gothic art fell into the broad scope of medieval artwork that included such disparate elements and styles as Viking art and Celtic art, but in varying degrees relied upon the artistic heritage of the Roman Empire and the early Christian Church. Deliver the pizza to the club penguin walkthrough ( %url ) that is near the ski lodge. Crazy cousin Laszlo will tell you that you need a scanner to find out who changed the garage code.

Uta Gaskin
Sun, Jan 22, 2017
Consequently, the makers have set up specialist programs in addition to repair facilities. The car market down under displays cars that not only differ in their feature but also the price range. Phoenix (muscle car) is a car you use in a race mission (San Fierro Hills).
my blog post ... junk removal colorado springs ( %url )

Gale
Sat, Jan 21, 2017
Road cars, along with vintage race cars, make the field not seem so limited. A quick guide to car recycling and what happens to the cars ' the most recycled product in the U. He is also involved in some of the biggest sponsorship deals in F1.
Visit my website: Laur Diva..Fire!!! ( %url )

Andrea Helvey
Sat, Jan 21, 2017
And let's talk about shorts !
My blog plus size leggings ( %url )

Liliana Doi
Sat, Jan 21, 2017
Great blog here! Also your site loads up very fast! What host are you using? Can I get your affiliate link to your host? I wish my web site loaded up as quickly as yours lol
My weblog; agen poker ( %url )

Karina Hibbard
Sat, Jan 21, 2017
I benefit from looking through your web site. Thank you so much!
Review my weblog; rak minimarket ( %url )

Naomi Kilvington
Sat, Jan 21, 2017
It has a complete fleet of vehicles and modern gear that allows Pasco Towing to fulfil its jobs with complete efficiency. My research is still very important, but also important is being proactive to contact my doctors at first sign of trouble, and allowing them to fully be a support system to me and even though I have things that I do on my own that work - fully allow them to help me by talking to them about anything I am doing on the side. Car rocking, who wiring technique for this social gathering.
Here is my webpage - Pro Tow Towing software and Pro Repo repo software ( %url )

Shavonne Belue
Sat, Jan 21, 2017
It is extremely obvious that in order for a business in order to pay taxes to thrive or being able to proceed while using output of goods or services no matter which might be the case registration is extremely necessary. Regardless with the size your company, you'll need some kind of accounting want to take control of your ins and outs. Cost also counts given that this will supply you with long-term financial savings.
Have a look at my site ... gabloty og_oszeniowe ( %url )

Zelda O'Shanassy
Sat, Jan 21, 2017
Thanks meant for giving this sort of fantastic content.
Also visit my webpage :: escorts ( %url )

Lawanna Mason
Sat, Jan 21, 2017
Toy-grade models are not made with any parts that are repairable, replaceable, or interchangeable. 4 Kitkat OS QUAD CORE GA5163F Android Car Stereo with 8 Inch Capacitive Touch Screen. Phoenix (muscle car) is a car you use in a race mission (San Fierro Hills).
Stop by my site - Minnesota probate will ( %url )

Jamila Hinton
Sat, Jan 21, 2017
Start to understand the engines suggestions in order not to flout the principles in the game. Twitter has been confirmed effective in getting a large number web value of domain ( %url ) visits from the numerous users all over the globe. It will take more hours if your content articles are more but gradually you are going to purchase an e-mail from facebook saying - Your download is ready with a link back on the Download your data page.

Dora
Sat, Jan 21, 2017
Título VI. El Poder Judicial.
Check out my blog post; ascenso de Suboficiales del ejercito argentino ( %url )

Carrol
Sat, Jan 21, 2017
The advice is rather appealing.
Also visit my web blog; my sources ( %url )

Normand McLendon
Sat, Jan 21, 2017
Walk along the ledge and stop when steam is being released. If you can play breed speed about 5 times, then you can get about 2000-3000 Foo - Gems easily. Everybody has said they want to be a vampire; I'm not sure if that's because of True Blood, or Twilight, or whatever other popular vampire things out there right now.
Also visit my web blog club penguin ( %url )

Finn
Sat, Jan 21, 2017
I appreciate the content on your web site. Cheers.
my website - pozyczka bez zaswiadczen ( %url )

Darrel Travers
Fri, Jan 20, 2017
Consequently, the makers have set up specialist programs in addition to repair facilities. 4 Kitkat OS QUAD CORE GA5163F Android Car Stereo with 8 Inch Capacitive Touch Screen. Looking for something to do with your old cars that seem useless for you.
Check out my website: Offert ĺrsredovisning ( %url )

Waldo
Fri, Jan 20, 2017
Targeting low performing keywords can produce a considerable difference to the standard web value of domain ( %url ) traffic reaching the site. The chief goal of optimisation of websites is based on acquiring increased traffic of diverse source. According for the reports done by professionals in the market, you will find over 500,000 smartphones in use in the United States of America.

Records 1 - 25 of 1,001+


If you think this page contains objectionable content, please inform the system administrator.


© 2008 RunningHope. All Rights Reserved. Site Maintenance and Hosting by HomeLink Computer Services.

Contact Us

Find A Team Member

Login to Your Champion Center

Running Hope's Facebook Link