Aplicabilidad de las ondas de elliot en el eur/usd en el primer semestre de 2019

Abstract

This assignment shows a contemplation from the particular to the general currency market and the use of Elliott Waves when trading, applying this theory in the behavior of the Eur / Usd in the first half of 2019, analyzing main features such as its operation and volume, because according to this theory the market moves in repetitive patterns called Ondas and is one of the most accepted and used technical analysis systems. In addition to practical and simple examples that will provide a better understanding of these tools for the study and practice of trading. It also shows possible behaviors in the eur/usd in the future, since the main objective of the trader is to identify the presence of the wave formations, being possible through technical and fundamental analysis to have a much more accurate view of the future currency behavior in some period of time, and to be able to monetize our capital as much as possible. Finally, a prediction is made of how the future market might behave as such, a specific analysis putting into practice everything related to Elliott Waves theory, which has important rules that if followed carefully and appropriate will have been taken the first step in incorporating Elliott's unalterable principles when trading; these basic rules are not so useful for revealing where the market is going, but rather to tell where the market is less feasible to go.