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?

Papyri PCZ I 59021, which dates back to 259/8 B.C., shows the exchange of coinage in ancient Egypt.

Word of the day
"Risk/Reward (R/R)" - A ratio that compares the expected returns of an investment to the amount of risk that an investor undertakes.
Pro Tip

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

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