- Arts & Culture 5941
- Business & Economics 689
- Accounting 42
- Business Planning 42
- Business Psychology 28
- Clerical Work 16
- Currency Transactions 10
- Economic 39
- Finance 51
- Forex 153
- Management 40
- Marketing, Advertising 96
- Securities 87
- Self-education 85
- Computers 319
- Dictionaries & Encyclopedias 81
- Education & Science 76001
- Engineering 3062
- Fiction 696
- House, Family & Entertainment 107
- Law 132
- Website Promotion 71
Forex. SECRETS Elliott wave (lucrative trade) 2016
Uploaded: 28.01.2016
Content: Форекс. СЕКРЕТЫ ВОЛН ЭЛЛИОТА (прибыльная торговля) 2016.zip 1435,67 kB
Product description
Elliott Wave Theory - the theory of representing the process of development and social change or the financial markets in the form recognizable patterns. Elliott identified eight waves that are constantly repeated. (Five of the trend, and three against the trend).
The theory of wave motion of the markets has been proposed in the 30-ies of XX century, Ralph Nelson Elliott. By studying the charts, he noticed that the price of the stock markets are developing in certain models. The mathematical basis of the Elliott theory, according to the author, began the so-called Fibonacci numbers - a sequence of numbers, the Fibonacci open in the XIII century
Additional information
Benoit Mandelbrot doubt that the behavior of financial markets can be predicted using the Elliott wave theory:
"Forecasts based on the Elliott Wave Principle - mixed. It is an art in which a subjective vision specialist has greater importance than objective assessment, the resulting calculations, the characteristics of which, at best, combined. "
Robert Prechter (Eng.) Russian., Famous for its forecasts, built on the wave principle, previously remarked that the ideas described in the article Mandelbrot, "owned by Ralph Nelson Elliott, who described them more fully and accurately about the actual behavior of financial markets in the book 1938 Wave Principle "
Critics also warned against the fact that the wave principle is too vague with regard to the fact that it is impossible to consistently identify where the waves begin and end, and therefore the forecasts on the basis of Elliott tend to be subjective amendment.
Supporters of technical analysis of financial markets raised the issue of the value of the Elliott Wave Theory:
"Elliott Wave Theory, despite its widespread use, is not a legitimate theory, but it is a story, eloquent and exciting narrated by Robert Prechter. And this story has quite a convincing value as Elliott Wave Theory provides the apparent possibility of adapting to any segment of the history of the development of the financial market to fluctuations in a given time. "
Feedback
0| Period | |||
| 1 month | 3 months | 12 months | |
| 0 | 0 | 0 | |
| 0 | 0 | 0 | |