Elliott Waves Work In All Time Frames

Note: This article was originally published on the Wavetimes Blog on 15 December 2011 and is linked to my book “Five Waves to Financial Freedom.”

Just a quick one to catch your imagination. Whether you are trading the weekly charts or the 5-minute chart, Elliott Waves work wonderfully well. You just have to acquire a feel for it, and you have won half the battle. See this example of the INR (Indian Rupee), which has come down in a nice five-wave pattern today. If you are a day trader, you can spot similar opportunities in almost all well-traded stocks or currencies. Enjoy.