Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Charts are basically simple representations of price history, but they are often endowed with some almost mystical qualities by over-complicated analysis of obscure patterns. The most reliable ...
From my experience, the up and down patterns formed by the price movements of the market, called Elliott Waves, are unpredictable in themselves. In practice there are simply too many possible ...