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thread 1/14
CLUBBING PATTERNS WITH ELLIOTT WAVES
Elliott wave theory is one of the very few “time stood” theories in technical analysis which is used for forecast analysis rather than trend following.
@PAVLeader @sanstocktrader @bluechips4u @piyushchaudhry
CLUBBING PATTERNS WITH ELLIOTT WAVES
Elliott wave theory is one of the very few “time stood” theories in technical analysis which is used for forecast analysis rather than trend following.
@PAVLeader @sanstocktrader @bluechips4u @piyushchaudhry
thread 2/14
Although, its said that no one can predict what mkt would do in the future, there are lot of ellioticians who are fairly successful in using it and ofcourse survived the test of longevity in the market. The theory , though have only 3 basic rules,......
Although, its said that no one can predict what mkt would do in the future, there are lot of ellioticians who are fairly successful in using it and ofcourse survived the test of longevity in the market. The theory , though have only 3 basic rules,......
thread 3/14
by far one of the most complex theory out there, owing to its subjective nature. Digging deep into the theory for the sake of trading upon it, (IMHO) isn’t as fruitful as many peoples claims it. If we know the basic rules to identify a trending move (MOTIVE WAVE)....
by far one of the most complex theory out there, owing to its subjective nature. Digging deep into the theory for the sake of trading upon it, (IMHO) isn’t as fruitful as many peoples claims it. If we know the basic rules to identify a trending move (MOTIVE WAVE)....
thread 4/14
from the corrective ones trading becomes far easier. ITS DUE TO THE FACT THAT IN ELLIOTT THEORY, THERE ARE ONLY 2 TYPES OF MOTIVE WAVE (IMPULSE AND DIAGONALS) WHILE THERE 10-15 CORRECTIVE PATTERNS.
from the corrective ones trading becomes far easier. ITS DUE TO THE FACT THAT IN ELLIOTT THEORY, THERE ARE ONLY 2 TYPES OF MOTIVE WAVE (IMPULSE AND DIAGONALS) WHILE THERE 10-15 CORRECTIVE PATTERNS.
thread 5/14
So identifying the motive wave from all the other noises increases our odds at trading it. Now , once we does that , its all about how we trade it. If we are able to club the abv information with the classical patterns, ..............
So identifying the motive wave from all the other noises increases our odds at trading it. Now , once we does that , its all about how we trade it. If we are able to club the abv information with the classical patterns, ..............
thread 6/14
..... which ofcourse are very familiar with most traders, traing becomes much stressfree as we are assured that the pattern breakout direction is confirmed through the Elliott wave as motive wave or the TRENDING MOVE.
..... which ofcourse are very familiar with most traders, traing becomes much stressfree as we are assured that the pattern breakout direction is confirmed through the Elliott wave as motive wave or the TRENDING MOVE.
thread 7/14
This post is aimed at helping the novice traders upon identify the patterns inside an Elliott wave cycle. Once we are familiar with a potential location at which a pattern can occur, trading upon that becomes much easier.
This post is aimed at helping the novice traders upon identify the patterns inside an Elliott wave cycle. Once we are familiar with a potential location at which a pattern can occur, trading upon that becomes much easier.
thread 8/14
Classical patterns such as cup and handle, head and shoulders, triangles or the advanced ones such as wolfwave, harmonica patterns etc are depicted in the pictures with a potential location in identifying it.
Classical patterns such as cup and handle, head and shoulders, triangles or the advanced ones such as wolfwave, harmonica patterns etc are depicted in the pictures with a potential location in identifying it.
thread 9/14
The post doesn’t speak about how to identify Elliott waves. Already many so many materials are available in learning both Elliott waves and also classical patterns. Repeating it again here wouldn’t make much sense at all.
The post doesn’t speak about how to identify Elliott waves. Already many so many materials are available in learning both Elliott waves and also classical patterns. Repeating it again here wouldn’t make much sense at all.
thread 10/14
But how to club thm may be a less popular concept, atleast to a few peoples. i believe the tweet would serve the purpose to them. use this info for only educational purpose. Images used in the tweet are taken from net and complete credit goes to the original sources
But how to club thm may be a less popular concept, atleast to a few peoples. i believe the tweet would serve the purpose to them. use this info for only educational purpose. Images used in the tweet are taken from net and complete credit goes to the original sources
thread 11/14
What I did only to compile it in one place together. Info posted here abv isn’t a repeatation of any sorts. It’s first time , these texts are posted ever in a public platform. Pls RT the tweet if its found worthy of doing so. Thanks to all
What I did only to compile it in one place together. Info posted here abv isn’t a repeatation of any sorts. It’s first time , these texts are posted ever in a public platform. Pls RT the tweet if its found worthy of doing so. Thanks to all
thread 14/14
link posted abv are not intended to promote them. use ur discretion in using it. no commercial interests are aimed inside the tweet
link posted abv are not intended to promote them. use ur discretion in using it. no commercial interests are aimed inside the tweet
