Elliot wave theory.

[Justin Vaughan]

How many forex traders do know clearly about the famous Elliot wave theory? This theory was proposed in the early 1930s by RN Elliot, a stock market speculator. This focused on classifying market activity according to a set of cycles and rations of movements. As with the wave on the ocean, market activity ebbs and flows in cycles that repeat and can be subdivided in to smaller cycles. A forex trader should know many of theories like this and for learning these only TryMarkets is reliable.