Business and Tech Redefined

The Elliott Wave principle is a form of technical analysis that tries to foretell trends in financial markets. It is named after Ralph Nelson Elliott, an accountant who discovered the concept in the 1903s. He proposed that the prices of the market follow a specific pattern, which today they now all Elliott Waves. Elliott published his findings in the book The Wave Principle, it was published in 1938. He also had articles published in Financial World magazine in 1939 and his Flagship Nature’s Laws – The Secret of the Universe in 1946. Elliott stated that because we as a race are moving at a constant rhythm, our actions and decisions can be predicted in rhythms too.

Elliott’s model says that market prices alternate between five waves and three waves at any degree of a trend. As these waves arise, the bigger price patterns unravel in the form of a geometric shape. Inside the dominant trend, the waves 1-3-5 are the “motive” waves, and each of those has five big waves have five smaller waves beneath it. Waves 2-4 are called “corrective” waves, and they only have three sub-waves.

Each degree of a pattern in a financial market has a name, traders use symbols for each wave to show both function and degree. They use numbers for motive waves, letters for corrective waves. Degrees are somewhat relative, they are defined by form, not by size or duration.

The classification of a wave at any level can vary, traders usually agree on the standard order of levels:

- Grand Supercycle: Multi-decade to multi-century

- Supercycle: A few years to decades

- Cycle: 1 year to a few years

- Primary: A few months to a couple of years

- Intermetiate: Weeks to months

- Minor: Weeks

- Minute: Days

- Minuette: Hours

- Subminuette: Minutes

Elliott’s market model relies heavily on looking at price charts. Traders study price movies to be able to sort out the waves and waves structures, and tell what prices may arise next. The application of the wave principle is a form of pattern recognition. The structures Elliott mentioned also seem familiar to a fractal. A Fractal is similar patterns appearing at every level of the trend. Elliott Waves investors say that this is just something that happens naturally and they often get bigger and grow more complex as time goes on.

The model shows that we as a human race have a psychology that develops in patterns, like buying and selling because of reflected prices. As Elliott once said “It’s as though we are somehow programmed by mathematics. Seashell, galaxy, snowflake or human: we’re all bound by the same order.”

When you learn something, this knowledge is not immediately absorbed by your mind. You must learn it by repetition; otherwise, you will forget this information.

When a scientist discovers something, there is usually a great delay that prevents the public from learning about this discovery, in addition to many reactions from those who claim the opposite of what was discovered.

This is why I have to repeat several details. I’m teaching you something new, which is very bad for a marketer. Marketers look for customers who are ready to buy their merchandise, instead of educating ignorant people about how useful their products are. If you pay attention to common advertisements, you will notice that they don’t teach you anything or add any value to your life. Advertisements only impose you to buy, and they play with your emotions or mindset.

Do you know the difference between logic and absurdity?

Do you know if the logic you follow is really sensible or absurd?

Do you know how to keep your mental health for life?

Are you sure you are normal and you’ll always be one?

There are so many aspects you neglect and that prevent you from learning the truth about your mind and the way it works and how your feelings and emotions affect your behavior, etc., that you really cannot say that you know anything about how your brain works, the role your instincts play in your life and what your personality is like.

You are too ignorant; these days, science is still lacking and the selfishness of a few powerful people in our world is always distorting the truth on their behalf.

If you wish to learn who you really are and how you can acquire and keep your mental health for life, write your dreams and learn how to interpret them using my simplified version of Carl Jung’s method. Thus, you may become wise, balanced, and happy for life, instead of being an ignorant person who lives in suffering and is unaware of the craziness present in the anti-conscience.