Category: Money tips Release Date: 2007-05-09
1. A complete bull market cycle of eight waves from the composition, in which first five waves up, the latter is a three wave decline.
2. If the current trends and a higher level than it is the trend in the same direction, then the structure is divided into five waves.
3. Lang always adjust the structure of three waves.
4. There are two simple adjustments to Form: zigzag (5-3-5) and platform type (3-3-5).
5. Triangle usually appears in the first four waves, and always occurred in the last wave before. Can also appear in the adjustment of b waves in the wave.
5. Both can be combined into a longer wave-wave, the wave can also be subdivided into shorter waves.
8. He Naqi series Philippines Elliott Wave Theory is a mathematical foundation.
9. Waves waves obey Fibonacci number sequence of series.
10. Fibonacci retracement ratio can be used to determine the number and price target. The most common retracement ratio is 62%, 50% and 38%.
11. Alternate rules warn us not to expect the same type of patterns emerge continuously.
12. Period should not be below the city, a bull market before the bottom of the fourth wave.
13.4 Lang Lang is not a home with a stack (in the futures market is not strictly the case).
14. Ai slightly wavy shape by the wave theory to be more than a few, as well as the composition of three aspects of time, its importance reduced sequentially.
15. The theory was originally applied to the stock market average price in the Stock market is not equally effective.
16. The theory has a broad-based participation in the futures market, such as the gold market, the best performance.
17. The theory is applied to commodity markets, the main difference is that here is a new bull market tend to hold on the old bull market within the price range.
