Elliot Wave

HK & China - Market Direction 07 (Oct 10 - Dec 10)

Postby lithium » Sun Oct 17, 2010 9:27 pm

Hi trendlines, that ABC can be 123 as well? :)
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Re: HK & China - Market Direction 07 (Oct 10 - Dec 10)

Postby trendlines » Sun Oct 17, 2010 10:02 pm

lithium wrote:Hi trendlines, that ABC can be 123 as well? :)


It's remotely possible, but not my preferred count. A look at the longer-term chart will explain why. The decline from the all-time highs was an impulsive one(5 waves), and is most commonly followed by an A-B-C, and another impulsive decline. You may refer to this older blogpost for the chart:

http://trendlines618.blogspot.com/2010/ ... llish.html

There are other variations to an A-B-C, but no reasons to bring them up at the moment. ;)
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Re: HK & China - Market Direction 07 (Oct 10 - Dec 10)

Postby lithium » Mon Oct 18, 2010 12:07 am

Robert pretcher must have read the waves the same way. I have a friend who is good at waves too. I respect her because she dare to say RP reads the waves wrongly. She say RP 因波浪而波浪。she thinks we need to use FA to interpret waves as well.

Very soon we can see RP corrects or my friend. Can't wait. Haha.
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Re: HK & China - Market Direction 07 (Oct 10 - Dec 10)

Postby iam802 » Mon Oct 18, 2010 9:13 am

lithium wrote:..
She say RP 因波浪而波浪。
....


This is so funny.

But, it also shows a little insight to these 'gurus'.
1. Always wait for the setup. NO SETUP; NO TRADE

2. The trend will END but I don't know WHEN.

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Re: Useful Financial Tools & Sites

Postby trendlines » Fri Nov 12, 2010 4:24 pm

Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.

You can access all the intraday, daily, weekly and monthly forecasts from EWI's Currency Specialty Service right now through noon Eastern time Thursday, Nov. 18. This service is valued at $494/month, but you can get it free for one week only!

With Stock & Currency markets poised at crucial junctures, I trust you will benefit from their view points. Here's the link:

http://www.elliottwave.com/r.asp?rcn=af ... code=24294

All the best! :D
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Re: Useful Financial Tools & Sites

Postby trendlines » Thu Feb 17, 2011 8:03 pm

"Elliott Wave Principle": FREE online edition

Bob Prechter is releasing the online edition of Elliott Wave Principle: Key to Market Behavior, FREE to the public. This brilliant book is my trading bible, and i would strongly recommend anyone interested in trading or market psychology to have a go at this. Trading is an art (not a science). The general principles of Elliott Wave Theory are immensly beneficial to understading market moods, as well as in shaping a trading framework, in my humble opinion.

Here's the link to access the resource. You may have to sign up for a Club ID, which is free.

http://www.elliottwave.com/r.asp?rcn=js ... &acn=10tlb

I trust you will find this useful :)
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Re: Elliot Wave

Postby trendlines » Wed Mar 16, 2011 5:26 pm

Elliott Wave Theorist, FREE until Mar-21

In response to the dramatic selloff in recent days, Elliott Wave International has released a free issue of Robert Prechter's Elliott Wave Theorist. EWI says:

"It includes more of Robert Prechter's experience than you’ll ever read in a single issue -- all 30-plus years of it. What matters is that he uses his experience at a moment when it can do the most good, namely when investors are most vulnerable. This is a unique opportunity for you to see what Prechter’s subscribers see. Don't miss out! This free issue is only available through March 21."

Here's the link. Enjoy! ;)

http://www.elliottwave.com/r.asp?rcn=js ... &acn=10tlb
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Re: Elliot Wave

Postby kennynah » Wed Mar 16, 2011 5:39 pm

trendlines,
you must be a very patient person...good for you 8-)
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Re: Elliot Wave

Postby trendlines » Sun Mar 20, 2011 3:30 pm

kennynah wrote:trendlines,
you must be a very patient person...good for you 8-)


LOL, k. I read market analysis from quite a few "experts" to pick up other perspectives and techniques. But in the end i rely my own analysis and setup my own trades. :)
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Re: Elliot Wave

Postby trendlines » Sun Mar 20, 2011 3:32 pm

DJ World Index: Through the Elliott Eye!

The world has had an incredible year so far, with misfortune striking many diverse populations, in the form of natural disasters. I believe it is our duty to lend our support, relief and prayers to those affected, to the best of our abilities.

Are we about to witness a financial disaster as well? Attached below is a chart with a simplistic view of the world index through my Elliott eye. If the labelling is foreign to you, you may want to browse through this basic Elliott Wave Tutorial. If you use a magnifying glass, you may notice a discernible trendline break on the chart. Note that the US markets have a heavy weightage in this index.

The question is: Is the C wave done? or was this 1 of C?
The nature of the decline that is currently unfolding might give us some clues. Assuming the most bearish case, i have drawn a projection of the possible path the world markets could take.

Big Picture

Since markets are fractals, any form of wave labelling requires the big picture count to be accurate. You may want to check out Robert Prechter's free copy of the February Elliott Wave Theorist for the US market picture, if you haven't already done so. (Available until Mar-21)

Asian Markets - baked in the same oven?

Although all world markets have general correlations, not all of them are in the same wave junctures. Some more bullish than others. For the Asian Markets big picture, you may want to check out the Asian-Pacific Financial Forecast service, by the brilliant Mark Galasiewski.

Very Short-Term

In the very short-term, most markets seem to be a few declines away from a short rebound into the next few weeks, which will serve as a back-test.

All the best!
Analysis of World Market Indices using Elliott Wave Theory, Trendlines, & Fibonacci - http://trendlines618.blogspot.com
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