Trading

In it's most basic form the market moves in a series of 5 wave patterns. Waves 1,3, and 5 are motive waves and waves 2 and 4 are corrective waves. It is important to note, that the market is its own organism. It is a direct result of human psychology. While "the news" undoubtedly has an effect on the ups and downs of human behavior, it does not drive the market. When humans … [Read more...] about Basic Market Structure