Steven Anthonis

Picture of Steven Anthonis

Steven Anthonis

I hold a Master's degree in Business Administration. During my studies I started investing on the stock market. My passion for finance led me to start writing for a financial website, with a particular focus on technical analysis of stocks and indices. This expertise opened opportunities to conduct seminars on technical analysis for clients of a renowned Belgian online broker. In 2011, this culminated in the publication of my book, Leren Traden (Learning to Trade). I have a wide-ranging interest in all things finance, including saving, investing in stocks, real estate, startups, and bitcoin. My insights on bitcoin and cryptocurrencies are featured in the free course Bitcoin and Crypto Explained, where you can find numerous articles authored by me.
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Intervening Waves with Elliott Wave

As a rule of thumb, a complex correction is formed of two or three corrective waves, connected by an intervening wave. This intervening wave plays the role of an x-wave. It connects the two or three corrections.

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Corrective waves with Elliott Wave

Because of their complexity, Elliott divided corrective waves into 2 categories: simple and complex corrections. The complex ones are the most common.

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Impulsive waves with Elliott Wave

An impulsive wave is a five-wave structure that is advancing (in a bullish trend) or declining (in a bearish trend). The rules of an impulsive wave, like any rule with the Elliott Wave theory, are clear and leave no room for interpretation.

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Elliott Wave Theory Introduction

Elliott Wave theory is the result of one person, Ralph Elliott, that found that people’s behavior, or human nature, is the cause for various patterns that appear in the underlying price of a security. In plain English, market psychology or crowd trading is best represented under the Elliott Waves theory.

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What Drives Gold and Silver Prices?

Like any financial instrument and commodity, supply and demand play an important role in the way gold and silver are moving. However, like any commodity, speculation is also a main driver of the gold and silver price.

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What drives the oil price?

Oil prices have a big influence in everything that happens in the financial world. Even though it may not be that obvious, oil price fluctuations dictate monetary policies around the world, influence economies growth and offer power to the one that knows the reason for these fluctuations.

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