A Traders Universe - Stock, Futures & Forex Trading System Development for Creating Wealth

Elliott Wave Theory and Market Psychology

There are three avenues we are offering you here to learn or improve your knowledge of Elliott Wave Theory and analysis. All of them offer some great information both free and paid. It is suggested if you are new to look at all three as they offer different perspectives. For example, following Tony Caldaro's blog (Objective Elliott Wave) will be more difficult if you have no idea about Elliott Wave; this is where the other two links are extremely helpful.

1. Elliott Wave Made Simple 

This was created to simplify Elliott Wave theory into a method that is easy to trade. It brushes on market psychology, a tutorial of the basics and rules of Elliott Wave and then three simple trading methods (It is advisable if you are new to go through the other steps on the home page before you jump into trading). It includes a discussion forum.

2. Objective Elliott Wave

This is by far the most impressive I've come across when it comes to understanding the markets. Tony Caldaro is not your typical marketer when it comes to offering his knowledge or services. However he knows his stuff, and that's what counts. Tony offers a free running commentary - Objective Elliott Wave Blog - where by you can follow his assessment of the major markets throughout the world including many stocks and some commodities. His blog offers an insight to the workings of his methods and he offers responses to questions, however he does not give away all his secrets. To find these you must visit - Objective Elliott Wave Tutoring - I decided to try out Tony's tutoring and his support is second to none. I also found with my recent foray into the understanding of Elliott Wave theory over a year ago, his method is #1.

3. Elliott Wave International

A multi-purpose site offering free in-depth tutorials, ongoing newsletters aimed at Elliott Wave and market psychology and free and paid services for all markets. This is a great site for those wanting to learn the deeper and more in-depth aspects of Elliott Wave. Run by Robert Prechter who has decades of experience.