The classic Elliott Wave theory is dead — Long Live the Modified and Better Elliott Wave theory!

Part 1. Why the classic Elliott Wave theory is useless in trading

In 1930s Ralph Nelson Elliott made a great discovery that dramatically changed the way how traders and portfolio managers make investment decisions. After reviewing numerous self-made price charts of stocks and commodities he noticed…

More from CastAwayTrader Market Analysis

I trade and teach others to trade with Harmonic Elliott Waves. Follow me on Twitter and read my analysis on www.CastAwayTrader.com

Love podcasts or audiobooks? Learn on the go with our new app.

Try Knowable

Recommended from Medium

5 Tips to Sell Your Home in Hudson Valley New York

CCM 1Q 2017 Performance and Investment Strategy Update

Market Timing: Waiting for Godot

Making of a Millionaire

Counting on an Inheritance Doesn’t Make You a Horrible Human Being

Does anyone know any payday loan companies in the UK that approves everyone?

Goodcover Blog

Home and Renters Insurance: what does it actually do?

I’m 23 y/o should I apply for bankruptcy? would that effect me with college?

The Cimifly Money Series-Nicole Pendergrass

About Help Terms Privacy

The classic Elliott Wave theory is dead — Long Live the Modified and Better Elliott Wave theory!

More from CastAwayTrader Market Analysis

Recommended from Medium

5 Tips to Sell Your Home in Hudson Valley New York

CCM 1Q 2017 Performance and Investment Strategy Update

Market Timing: Waiting for Godot

Counting on an Inheritance Doesn’t Make You a Horrible Human Being

Does anyone know any payday loan companies in the UK that approves everyone?

Home and Renters Insurance: what does it actually do?

I’m 23 y/o should I apply for bankruptcy? would that effect me with college?

The Cimifly Money Series-Nicole Pendergrass

Get the Medium app

CastAwayTrader Market Analysis

More from Medium

Commodity Report #38

How to trade a range bound market oscillating in a cycle mode

Correlations — trading and investing perspective

Sustainable Investing with E-mini S&P 500 ESG Futures