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Data:2009-12-12 2:34
Wave theory is a technical sub-master Ai invented a little special nature of the price trend analysis tool that it is a concept of how the wind blows come depends on the laws may be to analyze the stock market indices, price movements it is also the world's stock markets on the use of surface analysis the most, while the most difficult in my solution and proficient in the analysis tools.
Elliott believes that the stock regardless of whether the volatility of commodity prices, there is nature's tides, waves, like a wave followed by a wave, a cycle, with a considerable degree of regularity, showing cycle characteristics, any fluctuations in both there is a pattern. A result of the classics, investors could fluctuate based on these regularities to predict future price movements in the trading strategies to implement applicable.
Basic features
Stock index rise and fall will be alternately carried out;
Promoting the waves and high-speed waves are two basic types of price fluctuations, while promoting the waves can be further divided into five smaller waves, tends to be used to represent the 1-5, adjusting the waves can also be divided into three smaller waves, usually with a, b , c to represent;
In the only finished out of eight waves, after the completion of a cycle that is 1000, prices will then look into the eight-wave cycle;
Will not change the length of the timing of wave patterns. Because the market is still in accordance with its fundamental justification state of development, and waves can be stretched, but also can be smaller, the basic pattern will be eternal.
In short, the wave theory can have, and can be summed up: "that the eight-wave cycle"
Wave form
So, how to divide up five waves and three waves lying under it? In general, eight waves have different performance and features:
1st wave: Almost one half of the first wave, are considered to be a reason to create the bottom part of the state, the first wave is an eight-wave cycle of the beginning of the beginning, as this increases the paragraph Quotes information appears in the bear market decline and subsequent rebound reversal, buy Army forces are not as strong, coupled with the continued existence of short-selling pressure, therefore, in the first of its kind one wave occurs after the first two waves up to adjust back to pieces, its rate of correction to the deep past. Also one half of the first wave, appears in the long term the entire backup is complete, the first one in this type of waves, its rise Quote large, experience shows that the first wave or a wave is usually the shortest of the stock market 5.
2nd wave, this wave is the fall waves, as the market of people mistakenly think that a bear market is not yet over 10, their adjustment under the considerably large margin, almost eaten up the first wave of a range, when the Quotes in this wave in the bottom then fell to , the market appears reluctant sellers, psychology, selling pressure gradually weaker, volume is gradually shrinking, the first two waves will adjust to an end, in which waves that often appear in the chart of the shift patterns, such as head and shoulders bottom, double bottom to wait.
No. 3 waves; the first three waves of price hikes trend is often the largest and most explosive rise in waves, this Quotes duration and scope, often the longest, the market to restore investor confidence, effectiveness increased significantly, it often occurs a breakthrough in the traditional chart signals, such as the gap jumped to wait, the passage Quotes of the trend is very intense, a number of points on the graph, very easy to be broken, especially in breaking the first wave of a high point, in the most strong buy signal, as the first three waves influence prices intense, often to extend the wave phenomenon.
4th wave: the first line of waves that rose sharply after the adjustment Quotes waves, usually in the more complex patterns appear, often tilting the trend of the triangle, but the first four waves of the end point of not lower than the first wave of a replacement point.
No. 5 waves; in the stock market the surface of the first five waves of the potential price increase is typically less than the first three waves, and frequent failures in the first five waves, three, three types of stocks is usually a dominant force in the market, its often more than one sector increases, that is often said that the 10 investors Along ascended to heaven, this sentiment of their market information is quite optimistic about the performance.
The first a wave in a wave, the market most of the investing public that the increase in Quotes not reversed, this is only a temporary correction into the phenomenon, in fact the decline in the first five waves usually have warning signals, such as the Volume and trends or technical indicators deviate from the departure, but this time on the market mentality is still relatively optimistic about the potential level of the wave occasional adjustment or the type of operation.
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No. b wave, the wave volume degree of performance is often not, in general, Mrs long the lifeblood of the escape line, but because it is a rising market, makes it easy for investors to think that the bit error rate is the potential formation of another wave of price increases paragraph many sand traps, and many people in this his miserable stuck.
First c waves, was a strong decline in destructive waves lie relatively strong potential, or degree, sustained over a long time, but there is also a comprehensive fall.
Than the above view, the wave theory seems to be stripped-down and easily through the use of, in fact, on each of a ho down because of their complete process includes both an eight-wave behave ring, large loop, there are small cycles, the small ring keep to the rules behave in a smaller ring, that is, there are small waves to big waves, small waves have small waves, hence the use of weights has become quite a fan and wave it difficult to bring, coupled with its role in promoting adjustment of waves and waves often extends until the change in wave -type hybrid and complex patterns, co-alone division is indeed the accuracy of the wave is more difficult to define, these two points constitute the greatest difficulties in the practical application of wave theory.
The ratio between wave
Wave theory predicts that the stock market rate of take up rate and the mysterious Golden Section number to calculate. A rising wave may be the last high point of a 1.618, and the other high point pairs and then multiplied by 1.618, and so on.
In addition, the down-type waves is true, the general degree of common-taking rate ratio 0.236,0.382,0.5,0.618 so.
Wave theory, the contents of several basic elements of
A complete behave component, consisting of eight waves, five and three down.
Waves can be combined into a higher level of waves, but also can be further divided into on behalf of a small wave.
The next wave of popularity following the Lord can be divided into low-level, five small waves.
1,3,5 3 push waves, the first three waves must not be taken as a short-wave.
If any of the three promoted on the extension of a wave into waves, two waves will be the running time and the extent of the trend in the same.
Adjust the wave form is usually run three waves.
Golden Section is a strange combination of wave theory of digital data base.
Frequently encountered taking a ratio of 0.382,0.5 and 0.618
At the end of the fourth wave can not be lower than the first wave of the top
Wave theory consists of three parts: pattern, rate and time, and its importance to Top successively as a sequence.
Mainly reflects the wave theory of mass behavior. The more people involved in market information, the higher its accuracy.
Wave theory of defects
View of the phenomenon of wave-theorists are not uniform. Each wave theorists, including the AI a little myself, often there will be a problems, is that a wave has been completed and start another wave of it? Sometimes, by the look at the first wave, B and look at the second wave, the difference of the least bit, missing the thousands of miles. Pearl was wrong could be very serious consequences. A set of theories can not be determined by the stock market by the extraordinarily high risk of error is sufficient information moves people tragically lost weight.
What constitutes a complete wave, but also no clear definition of the information in the stock market ups and downs in the number of the vast majority do not follow three or five liters of this mechanical fashion. However, they distorted wave theorists say that there should not be counted as waves rise and fall inside. The number of the Qing is entirely subjective and arbitrary.
Wave theory, the so-called extended waves, and sometimes necessary to stretch into 5 waves of nine waves, but when a giant wave, over a hundred years can be. Long period of decline can be dropped without a trace are still fell in waves. As long as the uptrend is still unfinished at Shenglang, the downtrend is still unfinished on the waves in the fall. What is the role of such a theory? Can speculate Lang Lang at the end of the run-time replacement is very suspicious, equivalent to pure speculation.
Ai a little wave theory is a set of subjective analysis tools, there is no objective criteria. Operation of the market is influenced by emotional factors rather than the machine is running. Wave precedent applied to the surface of the changing market will be very dangerous, mistakes an opportunity than anything else.
Precedent can not be applied tainted the selection of individual stocks.
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