ELLIOT WAVEPRINCIPLE/ANALYSIS

The Basis: DOW THEORY Charles H. DowCharles H. Dow (1884) (1884) The The grand-daddy of technical analysisgrand-daddy of technical analysis::

1. The 1. The averages discount everythingaverages discount everything 2. The 2. The market has three trendsmarket has three trends: : TWRTWR - - primary/majorprimary/major........................."tide"........................."tide" - - secondary/intermediatesecondary/intermediate......."waves"......."waves" - - minor/near minor/near termterm....................."ripples"....................."ripples" 3. Major 3. Major trends have three phasestrends have three phases - accumulation- accumulation - trend-following- trend-following - speculation- speculation 4. The 4. The averages must confirm each otheraverages must confirm each other 5. 5. Volume must confirm the trendVolume must confirm the trend 6. A 6. A trend in motion tends to continuetrend in motion tends to continue in motion in motion

ArifinLatif/Mar95

Elliot Wave Principle (EWA)

EWA: Major Characteristics

Fibonacci Studies: Impulse Action

Fibonacci Multiples & Ratios

Fibonacci Extensions

Fibonacci Retracements

Economic News & the KLCI(Fibonacci studies)

GANN’SLAW OF VIBRATION Geometric Angles

Forecasting Nominal GDP(Gann studies)

Some Applications ofElliot Wave Analysis,

Gann’s Studies& Other Analyses

Stock market indices Stock market indices -- e.g. KLCI, DJIA, FTSE, NASDAQ, Nikkei, -- e.g. KLCI, DJIA, FTSE, NASDAQ, Nikkei, HSI, STI, SET, JCI, ……HSI, STI, SET, JCI, ……

Stocks & shares Stocks & shares -- e.g. TMT stocks, IBM, ICI, Microsoft, NTT, -- e.g. TMT stocks, IBM, ICI, Microsoft, NTT, Hutchison, OCBC, CP, Salim Group, Sime Darby (multiple listing?), …..Hutchison, OCBC, CP, Salim Group, Sime Darby (multiple listing?), …..

CurrenciesCurrencies/Forex /Forex -- e.g. USD, Yen, Sterling-- e.g. USD, Yen, Sterling Agricultural commoditiesAgricultural commodities

RSS1, CPO, Cocoa, Pepper, Vegetables (e.g. Red Chilly), ikan RSS1, CPO, Cocoa, Pepper, Vegetables (e.g. Red Chilly), ikan jenahak, Porkjenahak, Pork

Extractive commoditiesExtractive commodities e.g. Gold, Tin, Coppere.g. Gold, Tin, Copper

Industrial commoditiesIndustrial commodities e.g. Aluminium, Urea, Petrochemicals, Sugare.g. Aluminium, Urea, Petrochemicals, Sugar

Forecasting KLCI’s Megatrend(EWA, Gann studies & Pitchfork)

Forecasting the Ringgit/USD(various charting studies)

Forecasting qtrly Rubber prices(EWA)

Forecasting monthly CPO prices(EWA)

Forecasting daily Cocoa prices(EWA)

Forecasting daily Pepper prices(3-Line Break chart)

Forecasting monthly Chilly prices(Seasonal/Cyclical Analysis)

Forecasting daily Gold prices(EWA)

Forecasting daily Tin prices(1% Kagi chart)

Some References for EWA