by Lara | Jun 30, 2020 | Education, Public Analysis, Reference
Comprehensive List of Elliott Wave Rules and Guidelines The following is a comprehensive list of all Elliott wave rules and guidelines. Rules are almost the same as Elliott’s original rules as outlined in Frost and Prechter’s Elliott Wave Principle. A few...
by Lara | Nov 21, 2017 | AMZN, Education, Public Analysis
Unlike Google, Amazon does not have a neat a trend line. Click chart to enlarge. The solid yellow trend line is Amazon’s equivalent to the Google Forever trend line. The bottom line is that we should assume that Amazon remains in a bull market while price...
by Lara | Nov 13, 2017 | Bitcoin, Education, Public Analysis
Last analysis of Bitcoin expected more upwards movement, which is what has happened. Last published Bitcoin analysis is here. All charts are on a semi-log scale. FORTNIGHTLY CHART Click chart to enlarge. The data for this wave count begins from June 2010. What looks...
by Lara | Oct 31, 2017 | Education, GOOG, Public Analysis |
In keeping with the KISS principle, this trend line is very simple. I call it “Google’s Forever Trend Line”. Click chart to enlarge. This trend line has very strong technical significance. It is very long held and has been tested multiple times. It...
by Lara | Oct 18, 2017 | Education, Public Analysis |
Another brain teaser to test your Elliott wave knowledge: Click chart to enlarge. I have tried to make it a bit easier by violating only core Elliott wave rules and making the mistakes really bad ones. Price points of all waves are given so you can calculate lengths...
by Lara | Oct 17, 2017 | Education, Gold, Public Analysis |
When is it appropriate to use targets that are longer than 1.618? Click chart to enlarge. SUMMARY: It is appropriate to use targets calculated using Fibonacci ratios greater than 1.618 (following ratios in the sequence) when: 1. A first wave is very short, and a...
by Lara | Oct 11, 2017 | Education, Public Analysis
This daily chart of the S&P 500 identifies 16 candlestick reversal patterns. Only reversal patterns are considered here, not continuation patterns. Click chart to enlarge. The first #1 and #2 patterns are both Three White Soldiers. Pattern #1 comes after a short...
by Lara | Oct 10, 2017 | Education, Public Analysis |
Following on from the last two education posts on gaps here is an example of practical trading application. Click chart to enlarge. This daily chart of AAPL data shows at least 11 gaps. After a period of consolidation gap #1 appears. It breaks above an upper range...
by Lara | Oct 4, 2017 | Education, Public Analysis
Not all gaps have to be closed. So how can we know which gaps are going to be filled and which ones aren’t? The answer lies in what type of gap the gap may be. Click chart to enlarge. The above chart of Google shows daily data. Equities more commonly have gaps...
