4 Answers
<p><br>If there is one theory that can absorb you for your lifetime, and yet can't add to your trading arsenal, is THIS IS THE ONE. All waves are posthumously identified. it’s impossible in real time. It’s even impossible to have a consensus. You can make a probability theory that may work in investment based on Wave 3/5.however these probabilities can be made easily with EMA and an oscillator too in Day/week charts.</p>
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<p id="isPasted">I read it long back but forgot because it involves very long-term investments. What I remember is like the technical chart, a stock goes up to certain level continuously for some years and then comes down to certain level continuously for some years. You can google search it and find out. Else, try going to website stockschool.</p><p>Thanks for asking but I am really not the right man to answer any technical questions on stock market theory…</p><p>I have been lucky and of course I have invested only that money, which I can afford to risk…so, when something goes down …</p>
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<p>Easiest way to explain in brief - market moves in waves , interpretation of a wave depends on the viewer , the bigger the trend the clearer the picture , the 3rd wave is the longest and there are corrective waves before ether actual 5 set of waves start.</p>
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<p>Simply 3 times as pet your time planning gives one side movement & than after 2 timed moves revert means 3 points of bullish move & than after 2 points of bearish movement means one move of Elliot wave is complete. Or wise a versa is the same movement.</p>
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