New Era of Wave Analyses with Professional Trader, Chris Svorcik

October 04, 2013 17:35

Hi Forex Traders, Tons of Elliott Waves and Fibonacci! Add key trend lines, moving averages, add chart patterns to the mix and then you’ll know what is the main goal of my daily posts at Admiral Markets. I am looking forward to bringing you useful analysis with the most clarity possible. Elliott Wave will always remain a theory which has its difficulties with live comprehension and implementation. But there are methods to enhance success: knowing the rules and guidelines, using tested tools and having the experience are crucial in that regard. With our daily EW and Fib analysis, you will be able to take a quick peak at my charts and use that for your learning and trading. With that said, let me introduce myself: my name is Chris and some of you might know me from the live Forex trading webinars at Admiral Markets. I have over 10 years experience in Forex, and finance as well. My Forex trading specialization is in: EW and Fibs, but also time factor, moving averages, and break outs. There is a reason why Elliott Wave theory and Fibonacci are important: the market listens to their rhythm. The structure of the market is defined by it. Price moves from level to level, from chart pattern to breakout, from impulse back to corrective chart pattern. These natural moves occur on all time frames and are fractal of nature (fit within each other). Elliott Wave and Fibonacci analysis help Forex traders understand the market structure; whereas trend lines, moving averages and charts patterns are used as confirmation whether the market interpretation is correct or needs readjustment. On every trading day, Monday to Friday, I will be posting 1 hour and 4 hour charts with Elliott Wave and Fibonacci analysis of the EURUSD, USDJPY, and GBPUSD in Wave Analyses section. Once a week, on Monday, you will also see an update of the long-term analysis (monthly, weekly, daily charts). I am looking forward to it. If you have any questions, please feel free to post your comments or questions. In the meantime, I wish you Good Trading.

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