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
"Dollar Index (USDX)" - A major market index, tracking the value of the U.S. dollar against a number of heavily traded currencies.
Pro Tip

Do not open a real account before doing some demo-trading.

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