The explanatory to a marking
For economy of a place and time, on a site will be updating a working marking (Í1) with the put marking of more senior time periods (period Í4 is marked under the discretion of the author) is spent.
Considering wave legitimacy of any market movements, on a working marking probable alternative movements of waves and wave designs also will be reflected..
The earnest entreaty to users of a site
DO NOT USE MY VARIANT OF THE MARKING FOR ACCEPTANCE OF TRADING DECISIONS
Remember! About subjective perception of wave movement in the market. It is much more reasonable to study independently to mark schedules. It is important to remember, that Elliot’s
waves are only a skeleton for successful trading system. Be cautious! trade on extrema of waves and wave designs even in probable pulse stages of cycles and wave figures very much resque, and together with psychological
realities of the market most likely will be unprofitable. Any marking is only probable market movement, with the big share of subjective perception of a harmony of market movement in the alphabet of the wave theory, instead of trading system.
The notes::
1. It’s supposed, that the user of this site is well familiar with a combination of the wave analysis and:
- The indicator of joint-stock company - acknowledgement of performance minimal request for a wave 4, divergence between waves 3 and 5 - an impulse, (see B.Viljams Trading chaos. New measurements of exchange trade);
- The Japanese candles - detection of models of a turn in supposed final/index points waves/wave constructions (see S.Nixon the Japanese candles: the graphic analysis of the financial markets).
The combination of the wave analysis is not reflected in a site and is the private affair of the trader/analyst working under Elliot’s alphabet.
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