投资学investment课件 Chap012概要1.pptVIP

6.Elliot‘s Wave Theory波浪理论 2) amplitude ratio变动幅度比例 上影线长，实体短，上涨阻力大，卖方力量强 下影线长，实体短，上涨支撑力大，买方力量强 Overturn-Formations：DoubleHeads(Bottom) 双重顶（底） Also consider volume Overturn-Formations：Round-Head(Bottom)圆形顶（底） Round head Round bottom Consolidation formations： Rising (Falling) triangles 上升(下降)三角形 Horizontal line Rising line Falling line Horizontal line Rising triangles Falling triangles Consolidation formations  Rising (Falling) Wedge 上升(下降) 楔形 Falling wedge Rising Wedge Consolidation formations Flags-Types(旗形) Consolidation formations Rectangles（矩形） 6. Elliots Wave Theory 6.Elliot‘s Wave Theory波浪理论 Price fluctuations, with nature, like the tide, with a considerable degree of regularity. The fluctuations can be the basis to predict the future price movements. 3 key points of wave theory: 1) wave patterns 2) amplitude ratio 3) duration. 1) Basic wave patterns Eight wave movement (five up, three down) form a cycle. Advancing /motive waves can be divided into five waves(1,2,3,4,5); Adjusted waves can be divided into lower one of the three waves（A, B,C). Advancing 推动浪 Adjusted 调整浪 The formation of the basic concepts of wave 浪4领地， 浪1勿进！ 6.Elliot‘s Wave Theory波浪理论 1) Basics wave patterns Rules Wave 2 can be very deep but it cannot move beyond the start of wave 1. The lowest point of wave 4 can not be higher than wave 1. The length of wave 3 can not be the shortest among wave1, wave3 and wave5. The modalities are different between 2nd and 4th wave.  6.Elliot‘s Wave Theory波浪理论 2) amplitude ratio变动幅度比例 Proportional relationship is the essence of the theory to forecast the cycles low or high point; Fibonacci sequence of numbers (Golden Section): 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, ... ... Proportional relationship, such as 0.191, 0.5, 1, 0.382, 0.618, 0.75, 0.809, 1.618, 2.168 so on are developed based on Fibonacci sequence of numbers. The 3rd wave is likely 1.618,2.618 or 3.618 times of the 1st wave. The 2nd or 4th wave is like