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- Created on Wednesday, 05 November 2008 18:06
- Last Updated on Friday, 24 May 2013 14:27
- Written by Roy Silverstone
- Hits: 15127
"Roy's ability to cover so many contracts on a daily basis overwhelms me - It is simply phenomenal !
He has undoubted ability in assessing market direction using Elliott. This is a testament to somebody who understands the Wave principle and its tenants fully, in a field where incorrect analysis sometimes seems almost common place.
For me, what impresses most about Roy's work, is the fact he offers alternative possibilities; this is the essence of Technical Analysis as I see it. When using Elliott, it is vital to be open to differing probabilities as the market moves in directions that may be against your primary view. We have to embrace this reality as we can assess our risk. This is definitely one of Roy's strengths!
Good luck in your trading.
Nick (Investment Bank, London)"
Check in 'Links to Sample Clips' Section, my special Video on 'How I ran USD 5,000 to USD 40,819 in 1 Month, using the elliott wave principle'
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What this website is about
I have built this site to share my passion for trading the markets, any market, through the lenses of the Elliott Wave Principle. Here (in Resources/ Downloads) you will find numerous charts of various markets , annotated according to this Principle. The charts are produced with you, the busy, practical trader in mind. The point of the exercise is to take advantage of recurring setups, and not to score points with theoretical models.
At the end of the day you want to see your account's plus side growing, and not just your knowledge.
To get a quick idea of my work you can use the 'Links to my videos' section in the resources menu on the left, near the top of the list.
In my opinion and experience the Elliott Wave Principle is our best boat down the trading river. It is a tool that requires both an agile, very open and imaginative mind, to visualize multiple combinations of patterns in order to find that "right wave count", as well as a rigid and observant conduct of a few basic rules.
This site gives you a direct plug to my brain. I intend to hold nothing back and will share every thought, analysis and intuition I have on the many markets that I follow throughout my long day. I am usually able to cover market action in two time zones, the European and American ones.
Having said that, it does not mean that if you are in Asia that my analysis may prove useless to you but just that the likelihood of day trades in the Asian time zone will be very low. The studies of market action presented here, may also be useful if you swing or position trade.