|
Hello! This is Tejima from GogoJungle.
A very popular series: a conversation between our CEO Hayakawa and developers!
This time,HIROhas joined us.
|
|
|
| Six years of proven experience and trust in running a school |
|
HIRO
A full-time trader who uses Elliott wave analysis and moving averages. On YouTube, he uploads market commentary videos every week without fail, publishing over 1,000 videos in seven years. A proven track record of supporting students over 2,000 times |
|
|
Elliott waves?? Distinguish between impulse waves and corrective waves
|
| Today I’d like to dig deeper into Elio Trading—does it presuppose Elliott wave analysis? |
|
|
| Gogonyan |
|
|
| HIRO |
|
Yes. When people hear Elliott analysis, I think many have the impression “I’ve heard the name, but it sounds difficult.” But in fact, Elliott waves are composed of only seven patterns. It’s a method of analyzing price movements by fitting them into seven wave patterns. |
|
| So it can be explained with seven patterns. |
|
|
| Gogonyan |
|
|
| HIRO |
|
Waves are a repetition of impulse waves and corrective waves. If you can distinguish impulse waves from corrective waves, you can see where the next move will extend, right? That’s why we analyze them in detail. |
|
|
Build confluence with Elliott waves × moving averages
|
| This chart is a 15-minute USD/JPY, and you’re also combining moving averages, right? |
|
|
| Gogonyan |
|
|
| HIRO |
|
From the low on the far left, the rise can be identified as a clean impulse wave by Elliott wave analysis. After that, a corrective wave appears, and combined with the confluence from the moving averages, it then rebounds and rises. |
|
| In “Elio Trading,” do you also explain entry methods using Elliott waves? |
|
|
| Gogonyan |
|
|
| HIRO |
|
| Yes, we explain everything in detail, such as “Which patterns should you enter on?”, “Where to take profit?”, and “Where to place your stop?” |
|
| I see. How do you conduct your testing? |
|
|
| Gogonyan |
|
|
| HIRO |
|
| We use historical data as well, but ultimately it’s about repeatedly analyzing real, live charts and verifying how they move. |
|
|
“In any case, easy to understand!” Enjoy chart analysis with Elio Trading
|
| We’ve also received reviews, so let me share them. |
|
|
| Gogonyan |
|
|
| HIRO |
|
|
HIRO contributes daily Elliott wave analysis articles on Investment Navi+. If you want to learn Elliott wave analysis, please refer to those as well. Lastly, could we ask you for a message to traders? |
|
|
| Gogonyan |
|
|
| HIRO |
|
Yes, analyzing market direction with Elliott waves is useful no matter what method you use. You can use the Elio Trading method as is, or combine it with your own methods for a significant effect. By all means, master Elliott wave analysis and acquire unwavering analytical skills. |
|
HIRO’s “Elio Trading,” which has actually received high praise for being easy to master Elliott waves, is something we highly recommend you pick up to help strengthen your analytical skills. Thank you for the two-part interview. |
|
|
| Gogonyan |
|
|
| HIRO |
|
|
| Part 2 |
| [Trading analysis becomes fun] Direct guidance from a mentor with over 2,000 support sessions! What is the much-talked-about, easy-to-understand Elliott waves? [HIRO/#2] |
|
|
| Part 1 |
| [Includes free video materials] For those tired of scalping: Elliott waves × moving averages [HIRO/#1] |
|
|
|