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Elliott Wave 4 Theory

As I am just learning to use the software I took it only on SIM, but I have to say that I was blown away by the results. It was profitable right from the start, and quickly moved up 80 ticks to the minimum wave C projection - one of the most perfect trades I have ever seen. Congratulations on putting together an amazing trading methodology and software

Richard, Private Trader

Elliott Wave 4 Theory

Elliott Wave (4) usually unfolds as a complex correction

Elliott Wave (4) although being corrective, can be tricky to trade. Prices may meander sideways for an extended period, and Wave (4) typically retraces less than Wave (2) did. Volume is well below than that of wave (3). However, Wave (4) can still offer a buying opportunity if you understand the potential ahead for wave (5).

A such, Elliott Wave (4) is the correction before the final Wave (5) swing
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