27 Comments so far ↓

• Mohanad // Mar 12, 2010 at 7:48 am

  I just wanted to know if you provide training regarding Elliot wave ( the real stuff) correctives and complex correctives, running flats …..

  apprecaite your early response .

• Lara // Mar 13, 2010 at 12:20 pm

  I plan on doing webinairs from this site in the future. When I have a date I will put a notice on my site with the date, time and how to sign up. This may be a good opportunity to ask questions and learn more about Elliott Wave.

• Caleb // Mar 30, 2010 at 7:53 am

  Lara,

  I really enjoy your market forecast. You are very thorough in your evaluations of current price action giving your forecasts and analysis that extra accuracy. Thank you for your service.

• Lara // Apr 20, 2010 at 9:56 pm

  I am now offering one on one tuition for those keen to learn the Elliott wave principle. Teaching can focus on specific markets of choice. Contact me directly using the form on the site for further information.

• juan barreto jr // Jul 15, 2010 at 6:55 am

  Hi Lara! Great analysis, as always, enjoy your videos. Took me a while to figure you were saying hourly chart, because of your accent! Lol. Curently long Sep., 93 call. Made money back in the spring on July 88 call ( 3rd wave ). Hope to join your subscription soon. Been to Kiwiland, never saw that kinda surf’n'sand

• Lara // Feb 16, 2011 at 6:18 pm

  Hi everyone. I’m no longer offering one on one tuition due to the many enquiries, sometimes for specific markets, not being followed through with actual payment. I don’t want to spend time preparing material only to have that time wasted.

  So for any future enquiries, sorry, you’ll have to educate yourselves. This page is probably a good place to start. And it’s free!

  I’m happy to look over your wave counts and offer my opinion, but please make sure they are accurately labeled! If you want to know what I mean by that check out how I label my charts each day. That’s what I mean.

  Thank you.

• onewithzachy // May 8, 2011 at 3:21 pm

  Hi Lara,

  Do you use your eyes or software(s) to analyze Elliott Wave ?

  I assuming you use your eyes coz you said it took you hours to do the charts.

  GO KIWI !!!

• Lara // May 8, 2011 at 7:28 pm

  Hi, I use my eyes. I do it old school; I put labels, trend lines and annotation on charts in photoshop and I even write wave lengths and fibonacci ratios in a book each day. I only calculate a wave length once and I can look back on my work. It’s time consuming but I’m a geek and I enjoy it. It seems to work often enough to be profitable.

• Chun Wah Li // Jun 27, 2011 at 3:35 pm

  Hi Lara,

  I am from Hong Kong. I bought Euro “Put” basing on your bearish count, and I am glad to say that I have now 12% gain already, since my subscription to your service for around 1 month.

  Thanks! Clement Li

• P C A MUZARIRI // Jul 27, 2011 at 5:03 pm

  Lara

  Thank you very much for your service. I could not do without your detailed and accurate analysis.

• Lara // Jul 28, 2011 at 10:09 am

  You’re welcome.

• golith // Aug 13, 2011 at 1:01 pm

  I have been practicing Elliot wave for 5 years now and enoy the GEEK aspect in your technical work, as i am the same. My markets are the ASX200, AUD/USD, USD/CAD, GOLD. Look forward to further outlooks on your Aussie dollar !!!
  Regards

• Lara // Aug 15, 2011 at 2:36 pm

  You may be waiting a while I’m afraid for an update on gold or the aussie. It’s on my list of things to do, but there is just not enough time in the day.

• Ondas Elliot // Sep 14, 2011 at 11:19 am

  I would like your projections EUR USD about the recent fall. Thanks for sharing.

• Lara // Sep 15, 2011 at 10:01 am

  My euro analysis is paid for content for members only. We have been expecting this dramatic fall for a while now.

  You can see my projections on FXStreet.com

  http://www.fxstreet.com/technical/currencies-forecast/?pair=eurusd&time=2011-245

• Georgios Rigas // Oct 24, 2011 at 11:53 pm

  Hello Lara,
  I subscribed yesterday and I dond have any mail from you

  Regards

• Lara // Oct 25, 2011 at 8:58 am

  Dear Georgios, I have sent you a welcome email with some useful information. The first analysis of the new week is due to be done within the next few hours by Hugo. Please let me know if you have received my welcome email by replying to it.

• Alex // Jan 22, 2012 at 6:03 pm

  Lara, I am a newbie, just recently signed up to learn Elliott Wave methods by viewing charts and interpretations. I already went through the most of theoretical parts. Can you just give me an idea how to START analyzing a chart. Say, I have an opened chart. Where and how would you start analyzing knowing and applying rules and guidelins for various waves, without using any software? What time-frame would you start with (current, higher or lower)? Would you first try to labeling larger waves, intermedian or smaller. Would it be helpfull to identify certain patern on certain waves (say, wave 3 should have only “fives” and may be easier to see), or even start looking for ending diagonals? I realy appreciate your time attending my question.

• Elliott Wave Forex // Jan 24, 2012 at 7:47 pm

  The reply below is on behalf of Nady:
  ————————————-
  Dear Alex,

  This is Nady and I hope you would not mind me replying to your comment, but first of all I have to congratulate you on taking the time to learn Elliott Wave analysis , such will to learn deserves respect.

  To start analyzing a chart, try to determine the trend and from there you start analyzing the chart from its highest/lowest point according to the trend.

  If the upward movement is corrective in nature i.e. overlapping price action or sideways moevement, then you will check which corrective
  pattern best describe that movement, and if it was impulsive in nature i.e. no overlapping waves with swift upward movement, then you check which motive pattern best describe the price action.

  I would start from a higher time frame and start labeling the waves and check with lower time frame charts to see if the subdivisions fit that analysis or not.

  Of course it helps if you can identify a complete five wave structure, an extended third wave or even an ending diagonal, for example if you identified a five wave impulse then you should expect a corrective structure unfolding against the trend, the same goes for identifying an ending diagonal (occurs in fifth or C waves) or a triangle (mainly occurs in fourth or B waves and it is rare to be found in a second wave).

  I hope I managed to answer your questions and if you have further questions, please do not hesitate to contact us.

  Sincerely,
  Nady

• AleksandrKaziyev // Jan 25, 2012 at 6:10 pm

  Hello, Lara
  Just a quick question. I just watched a video “Inpulsive Wave Structure” presented by you. A very last sentence was “…impulsive waves always break downt into 5 they carry trend in the main direction”. However, I read that Diagonal waves change direction of the trend to the opposite. Now I am a little confused, I think triangles carry trent in the main direction. Please clarify the difference between diagonal impulsive waves and triangle corrective waves. Thank you, Alex

• Elliott Wave Forex // Jan 26, 2012 at 4:57 am

  This is a reply from Nady:
  ———————————————————————
  Dear Aleksandr,

  Your question is really a good one, there are a lot of differences
  between triangles and diagonals but I will try to list the most
  important and the most practical ones keeping in mind that it will be
  easier to understand if you can view both structures together.

  Triangles:
  1- Occur in corrective waves i.e wave 4 and wave B ( rarely in wave 2).
  2- Wave C may not move beyond the end of wave A (unless in an
  expanding triangle which is a very rare variation).
  3- Subdivide into 3-3-3-3-3 not 5-3-5-3-5.
  4- Always occurs prior to the “final” motive wave.
  5- has three variations contracting, barrier and expanding.
  6- triangles move in sideways manner not in a diagonal manner.

  Diagonals:
  1- Has two variations:ending diagonals and leading diagonals.
  2- Ending diagonals only occur in wave 5 and wave C.
  3- Leading diagonals only occur in wave 1 and wave A.
  4- May subdivide into 3-3-3-3-3 or 5-3-5-3-5.
  5- Only motive structure within its subdivisions wave 4 is allowed to
  enter the price territory of wave 1.
  6- diagonals move along the trend in a wedge shape creating new
  highs/lows according to the trend.

  Thank you for your comment and if you have further questions, just
  drop us a comment .

  Sincerely,
  Nady

• AleksandrKaziyev // Jan 26, 2012 at 1:45 pm

  Thank you for detailed explanation. …should 3-5-3-5 be read 5-3-5-3?

• Elliott Wave Forex // Jan 26, 2012 at 6:50 pm

  Dear Aleksandr,

  For some strange reason, the word processor reverses the number.
  Thanks for noticing. I’ve updated the reply.

  Regards,
  Yuzairy

• AleksandrKaziyev // Feb 7, 2012 at 2:15 pm

  Lara,
  My bars (open and close prices) are not the same as yours. For learning purposes I would like to have the same as yours. Can you tell me what time zone your broker is in.

• Hugo Venter // Feb 7, 2012 at 3:44 pm

  Dear Aleksandr,

  The broker we use with Motive Wave is FXCM. Their charts are based on New York time / GMT-5.

  So, if you use a broker with New York time you should be seeing the same bars as the analysis.

  Kind regards,
  Hugo

• AleksandrKaziyev // Feb 7, 2012 at 8:06 pm

  Can you explain further your wave notation that yo use. Leble examples chart that is available on your website is not sufficient. Say, if I am using 1-hour chart, I expect to see green colors and orange, but I do not see them on your charts.

• Hugo Venter // Feb 8, 2012 at 4:22 pm

  Dear Aleksandr,

  It is best to work from a higher time frame chart, eg: monthly, weekly to first find the “big picture”.

  Then move down time frames to show the subdivisions within the waves you labeled at the higher time frames until you get to the hourly chart or even lower.

  As far as certain colours/degrees that you expect to see. I believe this is due to the time period linked to those degrees. This is not set in stone and is only a reference, the more important point is to get the subdivisions correct.

  The wave degrees and time periods at lower time frames from the hourly down do not adhere to those time periods very well.

  You will often see that we provide wave counts that only has a difference at the degree of labeling which would allow for the structure to extend further into lower degrees and would allow us to label it properly.

  To sum up, work from the higher time frames lower and the wave degrees should take care of themselves, even if the time periods do not necessarily match up with that of the wave degree especially at lower time frames and lower degrees.

  I hope this answered your question.

  I will let Nady know that he may also reply if he has anything to add or clarify.

  Kind regards,
  Hugo