Elliott Wave Analysis

[abu85]

mantap betul bro Nagagila ni... aku nak donlaod gak EW tu hehhe

TQ for share

 

[hadhad]

selamat tahun baru

 

[Firma]

EW analisis....neowave pun salah satu daripada analisis EW...

 

[nagagila]

EW analisis....neowave pun salah satu daripada analisis EW...

bro, boleh intro pasal neowave

 

[Firma]

bro, boleh intro pasal neowave

firma pon tak expert dalam neowave...tapi firma postkan ni

Question:
What makes NEoWave better than Elliott Wave?

Answer:
A customer in France made this query, which I'm surprised has never been addressed in this forum. Its answer is the reason I felt compelled to write "Mastering Elliott Wave" (I should have called it Mastering NEoWave) and why I'm so passionate about making NEoWave the "defacto" wave analysis standard around the world.

The three core elements of Elliott Wave are the Fibonacci number series, pattern recognition and the Golden ratio (.618). All three elements have a "forecasting" or "anticipatory" aspect, where the analyst is expecting the market to move up or down a certain number of "waves" (a concept not defined in any literature until Mastering Elliott Wave), adhere to a certain design and have specific relationships.

The three core elements of NEoWave are Logic (e.g., a strong correction must yield a powerful move), self-defining price/time Limits (e.g., a smaller degree pattern cannot take more time and price than a larger degree pattern) AND Self-Confirmation (i.e., the market's post-pattern behavior determines whether your prior structural analysis was correct). All three NEoWave elements have a "back-casting" or "reactionary" aspect, where the analyst is making sure (after the fact) a pattern did not take too much or too little time, that it was not too complex or too simple AND that post-pattern price action achieved the minimum movement required to confirm the prior pattern.

For example, in 1988 (for those who remember), I was one of the only bullish analysts in the world. Among orthodox Elliott Wave practitioners, who were extremely bearish (and remained that way for most of the last 20 years!), I stood alone and was heavily ridiculed for my extremely bullish, long-term forecast. It was the LOGIC of NEoWave that allowed me to remain so adamantly and confidently bullish on the U.S. stock market (despite massive public condemnation) and even in the face of negative national and international news.

It was NEoWave that allowed me to turn adamantly bearish on the U.S. stock market near the highs of 2000 and then, two years later, turn bullish again just six months after the 2002 low. Finally, in January of 2008 - once again, despite strong opposition - I turn adamantly bearish on the U.S. stock market. It was NEoWave that gave me the courage to announce to the world, in mid January 2008, that a new bear market began and that there was virtually nothing that could be done to stop the downward spiral of the U.S. stock market for the next 4-6 years!

In its orthodox form, Elliott Wave never allows for such dogmatic forecasts. To the contrary, Elliott Wave typically allows for multiple, completely contradictory scenarios. If you have simultaneously bullish and bearish counts it is of little value for trading.

In conclusion, the same way calculus elevated mathematics beyond algebra and trigonometry, the logical, self-defining limits and self-confirming aspects of NEoWave raise the field of wave analysis (and technical analysis in general) above the realm of opinion and hearsay and closer to the realm of science and fact.

 

[Firma]

satu lagi method yang gunakan teori EW adalah ICWR...Impulsive/Corrective Wave Retracement.....

ni pun firma tak expert....maklumlah newbie....

http://rapid*share.com/files/266371358/ICWR_Wave_Trader.rar

 

[yinbyungheon]

EW ni bukan aku nak kata...tapi mmg paling mngarut...jgn marah...ni pendapat aku jeee...org lai kalo boleh sila sila kan laa

 

[nagagila]

aku terjumpa video EW...

rasanya video ni adalh
EWI's 10-DVD Educational Video Series with 4-Course Supplement and Live Q&A Session http://www.elliottwave.com/store/

aku pun sedang dload...

http://www.4shared.com/dir/13612295/9e28931c/Robert_Prechter_Elliot_Wave_Co.html

aku baru je dload video ni... tak de apa yg istimewa...

 

[nagagila]

ok ni video baru... aku baru je dload.. agak menarik gak...

ABC Pattern and broad market analysis

http://*rapidshare.com/files/208162043/ABCPatternStrategy.part1.rar
http://*rapidshare.com/files/208503329/ABCPatternStrategy.part2.rar
http://*rapidshare.com/files/208512239/ABCPatternStrategy.part3.rar

dload cepat2...

 

[Firma]

Trading Method 1

Trading Method 1

If you go back to rule 1 above which states:

• Wave 2 never exceeds the length of wave 1

If we think from a bullish or long perspective for now, what this is telling us is that if we think a correction has ended, and we then see a wave move up followed by a wave down we may have an opportunity. So what do we need to see?

1. First, the wave up must be a 5 wave move. To see if it is you may need to go down to a lower time frame.
2. A correction take place that does not exceed the low of wave 1

At this point, we have an opportunity. To trade this opportunity, we enter at a break of the high of wave 1, and because of rule 1 stating that wave 2 can not exceed the length of wave 1, our stop will go under the low of wave 1.

Trading Method 1

Trading Method 1

If you go back to rule 1 above which states:

• Wave 2 never exceeds the length of wave 1

If we think from a bullish or long perspective for now, what this is telling us is that if we think a correction has ended, and we then see a wave move up followed by a wave down we may have an opportunity. So what do we need to see?

1. First, the wave up must be a 5 wave move. To see if it is you may need to go down to a lower time frame.
2. A correction take place that does not exceed the low of wave 1

At this point, we have an opportunity. To trade this opportunity, we enter at a break of the high of wave 1, and because of rule 1 stating that wave 2 can not exceed the length of wave 1, our stop will go under the low of wave 1.

How you assess this trade for a possible exit after entry will depend on a few things however one important point to remember is that your profit target must at least be equivalent to your risk otherwise it is pointless. By this I mean there is no point exiting this trade on say 50% of your risk, because this means you have to get 70% of trades correct just to break even.

Apart from the fact that nothing is ever 100% accurate, you’ll make your own mistakes, you’ll count incorrectly at times and so on. By allowing a profit target equal to your risk you give your ratio of wins to losses much more flexibility to assist you in reaching your goals.

However it shouldn’t stop there. If you catch the start of a big new trend you want to capture as much of it as possible, especially if it happens to extend in either wave 3 or 5. So the best approach is to use a trailing stop equivalent to your risk or underneath new lows as they occur.

You can use an approach where you close out half your position at a pre-determined profit target, and let the other half run.

However every trader is different and for this reason, I think its important one looks to find exits to suit them. If you don’t want to use the risk suggested (i.e. placing your stop below the low of wave 1), then maybe using the low of wave 2 as your stop. This of course gives you a better risk to reward potential, or you can use a lower profit target, but remember; some corrections may start out looking like a zigzag, and turn out to be an irregular flat thus causing you to enter on a false break of the high of wave 1, and taking your stop out as it passes below the low of wave A.

Either way, you need to find a way that suits your personality. Because of this it’s important you test your way through some back testing, paper trading and then some live trading with small amounts.