When you study Elliott waves in the application of trading/ investing, have the Buddhist principle of "Balance" in mind & follow them. Apply them to daily/ weekly charts more and less to hour charts. When it is not clear/ obvious, do not force a label.
Believe me, it is the easiest of all, mostly misunderstood and the major failure by its practitioners is due to "not believing what they see in the first place and thereby complicating it".
An Invitation to enter the world of Elliott waves - Part-1
Introduction to Elliott & his Wave Theory - Part-2
Elliott wave Principle-Rules & Guidelines - Part-3
Elliott wave Corrections - Part-4
Wednesday, June 30, 2010
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8 comments:
Dear Illango Sir,
The link to the Part-1 and Part-2 both lead to the same page Part-2 kindly change it.
With Regards
Sathya
Dear Sir
Can you pls give me the reference where I can get the formula behind VAH/POC/VAL calculation?
Thanks & Regards
Anupam
Hi Elango Sir,
Part-1 link is opening part-2 link. Others links ok
Bose
Thanks Ilango for granting my request..
what about the first part?...volume and psychological aspect wrt wave
Greedy and waiting for more such post :))
Sir,
Really a true quote "not believing what they see in the first place and thereby complicating it"
I know about Elliot wave had some doubts, but after reading your lecture almost clear with it.
One more thing , this is my first message in your blog. I was been a speculator all time.
Really a good work.
Thank You,
Regards,
Fazal
Sir,
Thanks for sharing such a good and useful thing with all of us.
Regards,
which stocks to buy today
Hi All,
For info only:
I have purchased "Elliotwave Explained by Robert C.Beckman" indicated in this forum by our guru from Landmark, Chennai @cost:Rs.395/-.
Details printed in book inside:
Published in India by,
Vision Books Pvt, Ltd,
Lajpat Nagar,
New Delhi-110024.
Phone: (+91-11)-2983 6470
E-Mail: visionbk@vsnl.com
Web: www.visionbooksindia.com
I hope this info may be useful for few.
Bose
In this divine drama called life, each one has been given their scripts. Do not write scripts for others. Your expectations will make you suffer.
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