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

CastAwayTrader Market Analysis
15 min readMar 9, 2019

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

Photo by Chris Sabor on Unsplash

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…

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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