Elliott Wave Training

Are you looking to learn the Elliott Wave principle? Or maybe you already have some experience and want to find the ways to improve your skills better.

Click on this post for details:

http://wavepatterntraders.blogspot.com/2012/04/elliott-wave-training.html



Showing posts with label HANG SENG. Show all posts
Showing posts with label HANG SENG. Show all posts

Sunday, December 2, 2012

Asian Markets ASX, HSI, SET100, NIK-225, KOSPI, SENSEX

I have decided to open the Asian forums for the rest of December. Although i never actually offered a service on these markets, they were provided for members as an "add on" to full members (only full members have access). They were generally requests from members.

I tend to update them when something has either negated the idea, or if a market is nearing a suspected conclusion.

Its built up now to around 6 markets from the Asian area.

Markets included are: ASX, HSI, SET100, NIK-225, KOSPI, SENSEX

They are not updated that regularly, as mentioned i don't offer a service for updating these markets on a regular basis (there does not appear to be enough interest), they are generally for swing traders as most of my clients are from the US and European countries so i focus on those markets from the US and Europe.


But i do occasional requests on stocks or other markets if a member requests it.


Click here: http://www.wavepatterntraders.com/forum/59-asian-australian-stock-markets/

Enjoy!!

Any questions you can contact me via Twitter or email to: enquires@wavepatterntraders.com 

Tuesday, November 27, 2012

Elliott Wave Analysis of Hang Seng (HSI)

A new high is required to complete this idea short term, as i am working a ABC from the September 2012 lows, the very fact that it has a triangle looking shape for a suspected B wave further supports the idea of a corrective advance and once finished should be fully retraced, so targeting towards 1600 atm min, but likely towards 14000

From 24974 i suspect we need to see a 3 wave decline for a larger B wave before setting up for a move higher, as the advance from the 2008 lows appears as a 3 wave advance, in the 24974 so labeled wave A, and now required a 3 wave decline for wave B

Hence we are actually in [B] of larger B, so anew high is all that is required, but there is a target a bit higher towards  22800 before a larger reversal lower towards 15000 which probably takes the best part of 2013


So as it stands it looks like the bears will be in control of the Hang Seng in 2013