Frequently Asked Questions

Answers to our most commonly asked questions
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Why do you primarily use median line analysis?

Over the course of my trading career, I studied many different trading methodologies including the work of Gartley, Elliott, Babson, Schabacker, Edwards and Magee and Dr Andrews (amongst others). I was particularly interested in methodologies that helped to identify risk and potential forecast targets.

The Elliott wave principle can be used as a forecasting tool. The rules and guidelines are well defined, but the numerous permutations for complex corrective structures can be very confusing and it is not uncommon for experienced analysts to give different wave interpretations for the same price structure. This can be very frustrating for traders.

I have developed methodologies for applying median line analysis to the Elliott wave principle, but will only use it if the patterns are reasonably clear. Similarly, for classical chart patterns. Once I studied median line analysis, something clicked and I have never looked back. For me, median line analysis takes priority with all my trading and investing.

Do you offer a free trial?

We do not offer a free trial because of the proprietary nature of our work and we do not wish to disadvantage existing members. In addition to providing numerous examples of our work on the promotional videos and on the free monthly webinar, we do offer a discounted trial.

Who should subscribe to TradingMotives.com?

Traders, investors, fund managers, analysts and enthusiasts who either want to join a community who use median line analytics, or who wish to learn about median line analytics and how it can be applied to any market in multiple timeframes for trend assessment, defining potential roadmaps for price and for risk evaluation.

Is this service suitable for day traders?

Median line analytics can be applied to intraday charts for day trading, but TradingMotives’ reports generally focus on finding longer term trades that can last from several weeks to several years.

What markets do you cover?

These are listed under Services, but new markets can be added at any time in addition to those listed. TradingMotives’ objective is to find and focus on strong trends (motive waves) using Median Line Analytics. This focus is designed to produce actionable trade, or investment opportunities.

Do you cover non-US markets in the Indices and Equities Reports?

The reports cover non US indices, but the equities are generally US based (some of which might be foreign, but listed on the NYSE. ETF’s with foreign equity composition (like EEM) are also reviewed from time to time if they are trending.

What timeframes do you cover?

TradingMotives’ Video Reports start with a “helicopter view” using weekly, daily and 240-min charts. Once a trend is underway, intraday charts are posted in the Chart Room to help monitor entities on the Motives Watchlist.

Is TradingMotives a signal service offering trading or investment advice including entries and exits?

The site content is structured for informational and educational content. We are not registered Financial Advisors and will not give specific “buy, sell or hold” advice to members regarding their trading, or investing. When you gain familiarity and experience with our analytical methodologies, you should be able to recognize the opportunities that will appear from time to time for trading and investing. This will depend on your timeframe and risk parameters.

How do I renew my subscription?

Subscriptions will automatically renew unless you cancel them at least 24 hours prior to the end of a trial, or a subscription period.

Do you offer a refund?

Please refer to the terms and conditions of use.

Do you recommend brokers?

TradingMotives does not recommend any brokers and has no affiliations to any brokers. It is important that you do your own due diligence on your broker preferences.

Do I need to be familiar with the Elliott Wave Principle to apply Median Line Analytics?

Absolutely not. Median Line Analytics can be applied on its own merits without any reference to the Elliott wave principle. TradingMotives does not teach the Elliott wave principle but is very familiar with it. The interest in Elliott’s work stemmed from the ability to use the principle for price forecasting. Dr. Andrews was aware of R N Elliott’s work, but he did not use the Elliott wave principle in his own work.

If you are familiar with the Elliott wave principle, Median Line Analytics can be applied to all impulsive and corrective wave structures and this can be much more effective than the channelling guidelines suggested by Elliott.

Median Line Analytics provides a potential “roadmap” for price and this should help to keep you on the right side of the market (and count) in real time.

TradingMotives places highest priority on Median Line Analytics and will only consider an Elliott wave pattern if it is recognizable and compatible with the Median Line Analytics.

When you apply Median Line Analytics to classical chart patterns, how are those patterns defined?

The body of knowledge for the definition of classical chart patterns like head and shoulder, rectangle continuation, etc, can be found in the two books – Richard W. Schabacker “Technical Analysis and Stock Market Profits” and Edwards and Magee “Technical Analysis of Stock Trends”. However, TradingMotives does not always follow the trading tactics and strategies contained in those references because there are lower risk trading methodologies for trading many of the respective patterns using Median Line Analytics.

Dr. Andrews also developed his own projection methodologies for use on rectangular continuation patterns and this is what TradingMotives uses when these patterns emerge.

Why the name TradingMotives?

Financial markets can trend in both directions and the trends are interrupted by corrections. The strong trends are usually actionary and are defined as Motive Waves under the Elliott Wave Principle. Trading and investing in motive waves is where you can make positive gains to equity if you know what you are doing. Trading corrections can be difficult, frustrating and can easily result in equity losses. That’s why TradingMotives focusses on finding strong actionable trends – hence the name TradingMotives.com.

Motive waves subdivide into 5 waves and move in the trend of one larger degree. The five waves form significant pivots and TradingMotives label these as P0 to P5 when applying Median Line Analytics.

Need more help?

Get in touch with us if you have further questions.