Trader's Glossary

Elliot Wave Theory (EW)

The Elliot Wave Theory is named after Ralph Nelson Elliot, who argued that the movements of the stock market can be predicted by tracing a repetitive pattern of waves.
Did you know?

Telephones and telex used for trading quotes were replaced in 1973, as Reuters introduced computer monitors.

Word of the day
"Day Order" - A trade order that is valid until the end of the given trading day, at which point it automatically expires. Day Orders are also known as Good for the Day Orders.
Pro Tip

Most market activity occurs when at least two market centres are open at the same time.

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