method of elliot wave theory

Method of Elliot Wave Theory

1. Introduction to Elliot Waves (Elliot Waves ka Ibtida): Elliot Wave Theory ko 1930s mein Ralph Nelson Elliot ne develop kiya. Iski basis par unhone observe kiya ke market mein price movements ek particular pattern mein hoti hain.
2. Understanding the Basic Waves (Bunyadi Waves ko Samajhna): Elliot Waves mein paanch impulsive waves aur teen corrective waves hote hain. Impulsive waves bullish trend ko aur corrective waves bearish trend ko represent karte hain.
3. The Impulsive Waves (Impulsive Waves): Impulsive waves mein, sub waves (1, 3, aur 5) upward direction mein move karte hain, jabki sub waves (2 aur 4) downward corrections hote hain.
4. The Corrective Waves (Corrective Waves): Corrective waves mein, sub waves (a, b, aur c) trend ke against move karte hain. Ye waves impulsive waves ki movement ko counter karte hain.
5. Rules and Guidelines (Qawaid aur Hidayat): Elliot Waves ko analyze karne ke liye kuch rules aur guidelines hoti hain, jinhe follow karna zaroori hai. Ye rules trend direction aur wave counts ko samajhne mein madad karte hain.
6. Applying Elliot Waves in Trading (Elliot Waves ko Trading Mein Istemal Karna): Elliot Waves ko trading mein istemal karne ke liye, traders ko market ke patterns ko samajhna aur future price movements ko predict karne ki koshish karni hoti hai.
7. Limitations of Elliot Wave Theory (Elliot Wave Theory ki Hadood): Elliot Wave Theory mein kuch limitations bhi hain, jaise ki subjective interpretation aur complex analysis, jo isko challenging bana sakti hai.

Elliot Wave Theory ek powerful tool hai market analysis mein, lekin iska istemal karne ke liye experience aur expertise ki zaroorat hoti hai.

1. Elliot Wave Theory Application in Financial Markets (Elliot Wave Theory ka Istemal Maali Bazaar mein): Elliot Wave Theory ko financial markets mein istemal karke traders aur investors market trends ko samajhte hain aur future price movements ka andaza lagate hain.
2. Identifying Market Trends (Market Trends ka Pehchan Karna): Elliot Wave Theory ke istemal se traders market trends ko identify karte hain, jaise uptrends aur downtrends, jo unhe trading opportunities provide karte hain.
3. Timing Market Entries and Exits (Market Entries aur Exits ka Waqt): Elliot Waves ki madad se traders market mein entry aur exit points ka behtareen waqt tay kar sakte hain, jisse unka risk kam hota hai aur profits maximize hote hain.
4. Risk Management Strategies (Risk Management ke Tadabeer): Elliot Wave Theory ke istemal se traders apne risk ko manage karne ke liye strategies develop karte hain, jaise stop-loss orders aur position sizing.
5. Combining with Other Technical Analysis Tools (Doosre Technical Analysis Tools ke Sath Milana): Elliot Waves ko often doosre technical analysis tools jaise ki Fibonacci retracements, moving averages, aur trend lines ke sath milaya jata hai, taki more accurate predictions kiya ja sake.
6. Psychological Aspect of Trading (Trading ke Nafsiati Pehlu): Elliot Wave Theory traders ko market psychology samajhne mein madad karta hai, jaise ki greed aur fear ke impact ko identify karke trading decisions ko improve karna.
7. Educational Resources and Training (Taleemi Wasail aur Training): Elliot Wave Theory ki samajh aur istemal ko behtar banane ke liye traders aur investors ko educational resources aur training courses ka istemal karna chahiye.
8. Evolving Nature of Elliot Waves (Elliot Waves ki Tehqiqat): Market dynamics aur trends mein tabdeeli ke sath, Elliot Wave Theory bhi evolve hoti ja rahi hai, jisse traders ko market ke movements ko aur behtar tareeqe se analyze karne ki salahiyat milti hai.

Assalamu Alaikum Dosto!

Elliott Wave Forex Theory

Har trader samajhta hai ke financial assets ki price mein changes achi profit laa sakti hain lekin serious loss bhi ho sakte hain. Isliye, future market movements ka durust andaza lagana, jo sahi trading faislay karne mein madad deta hai, itna ahem hai. Technical analysis ke tools, jo charts par patterns pehchanne mein madad karte hain, isme madadgar hotay hain.
Elliott Waves ek mashhoor technical analysis ka tareeqa hai jo tajiron ko charts par dohraayi jaane wali trends ko follow karne aur exchange-traded assets ke future movements ke baare mein andaza lagane mein madad karta hai. Ye tareeqa is theory par mabni hai ke market trends patterns follow karte hain jo jamaat ke rawaiyye ka nataaja hain.
Wave theory ki bunyad 1930s mein American financier Ralph Elliott ne rakhi. In total, unhone 13 wave models nikale jo unhone mutala karte hue charts par tajwez kiye. Is case mein, yeh sirf form ki dohrayi par tha, ke amplitude ya time intervals nahi. Is theory ki mathematic bunyad Fibonacci numbers ki sequence thi, aur iski mukhtasar description pehle ek 18-page pamphlet "The Wave Principle" mein publish hui.
Kai dacades tak, kisi ne bhi zyada dhyan nahi diya Elliott waves ko aur inhe amal mein nahi laya. Sirf 70s mein inki development aur popularization mein Robert Prechter aur Al**** Frost ne lagaya, tab yeh method tajiron mein phela.
Shuruwat mein, ye tool sirf stock market par focus tha lekin baad mein ise almost kisi bhi stock asset, jisme ab popular cryptocurrencies bhi shamil hain, mein istemal hone laga.

Elliott Waves Ki Basis Rules

Nazariya mein, koi bhi zyada se zyada mahir tajir aankhon se chart par 5 aur 3 waves ki trends ko pehchan sakta hai. Mool masla mojoodi structure ki tafseel ki analysis ki subjectivity hai, kyun ke har dekhnay wala waves ko size, slope angle, waghera ke lehaz se alag dekhta hai.
Is aspect ko saaf karne ke liye, Elliott aur baad mein unke raaste mein chalne wale theorists ne kuch kaiday banaye hain jo chart par waves ki bunyadi pattern ko pehchanne mein madad karte hain:

1. Dusri wave pehli wave ke asal mark se neeche nahi honi chahiye.
2. Chouthi wave doosri wave ke price territory mein nahi ja sakti.
3. Teesri wave pehli wave ke extreme mark se ooper khatam honi chahiye. Iske ilawa, yeh teeno motive waves mein se sab se chhoti nahi honi chahiye. Aksar isme se yeh sabse lambi hoti hai.
4. Paanchvi wave teesri wave se ooper khatam honi chahiye.
5. 8-wave structure mein rollback mein sirf 3 waves shamil ho sakti hain - sirf ABC, DE, waghera nahi (lekin doosre models mein yeh qubool hai).
6. Uthte hue movement mein teeno driving waves mein se ek doosre do se lambi honi chahiye.
7. ABC corrective cycle ka end taqreeban wave 4 ke end ya seedha neeche hona chahiye.

Motive movements ke bilkul mukhalif hote hue, jo hamesha 5 waves se milti hain aur taqreeban mawafiq figures bana leti hain, corrective movements mein alag alag forms ke structures khare ho sakte hain aur isme 3 se zyada waves shamil ho sakti hain.
Chaliye dekhein corrective waves ke sabse mashhoor patterns ko:

• Flat ABC corrective waves doosri conditional horizontal lines se bani ek side mein chalti hai. Waves ki lambai ya toh takreeban barabar hoti hai, ya B A aur C se zyada lambi hoti hai. Agar correction ka channel horizontal nahi, lekin inclined hai (impulse movement ke khilaf), toh 'flag' pattern banta hai, jo trend ki jari rahein par ishara karta hai.
• Triangle 5 waves (ABCDE) se bana corrective pattern hai jo inclined narrowing channel mein chalti hai, jo motive trend ke khilaf hota hai. Aam taur par, aisi figures forming structure mein doosri se aakhri movement hoti hain, aur inka exit in the direction of the previous movement hota hai.
• Zigzag Correction zigzag ke form mein hoti hai jo motive trend ke khilaf tezi se hoti hai. Wave B aam taur par doosre dono waves se chhoti hoti hai, aur wave C A ki length ka 150-250% tak pohanch sakta hai. Jitni tezi se pullback hoti hai (B), utna zyada mumkin hai ke C elongated hogi. Kai cases mein zigzag correction 'Head and Shoulders' pattern ko chart par banane mein hissa leti hai, jisme right shoulder ko form karti hai. Motive movement ke waves 3, 4, aur 5 left shoulder ke liye zimmedar hote hain.
• Complex Kayi mashhoor types ke wave corrections ke combination ko complex kehte hain. Agar combination double hai, toh iske waves ko W, X, aur Y ke symbols se denote kiya jata hai. Agar corrective structure triple hai, toh W, X, Y, XX, aur Z ke symbols istemal hote hain.

Elliott Wave Theory Ka Indicators Ka Sath Istemal

Elliott Wave Patterns ko chart par behtar taur par pehchanne ke liye, madadgar indicators ka istemal kiya ja sakta hai. Misal ke tor par, Moving Average (MA) aksar retracement movement ke end ko pehchanne mein madad karta hai, kyun ke yeh dynamic support ya resistance ke tor par kaam karta hai.

• Moving Average indicator 4-hour time frame aur period 30 ke saath kaam karta hai.
• MA 250, 200, aur 150 bhi 1-hour time frame mein behtar taur par kaam karte hain.

Oscillators doosra mashhoor indicator type hain jo Elliott Wave Theory ke saath istemal hotay hain. Ye convergence aur divergence ko track karte hain, motive formation ki mukammal hone ko tasdeeq karte hain. Ek option ho sakta hai MACD indicator, lekin Elliott Wave Oscillator bhi hai jo waves ke saath kaam karne ke liye khaas taur par tune kiya gaya hai.
Is par, highest peak hamesha teesre wave ke end ke mutabiq hota hai ascending movement mein. Aur jab histogram negative se positive area mein jata hai, toh ye ek cycle mukammal hone ya naye cycle ki shuruwat hone ka ishara karta hai. Is oscillator mein teesri aur paanchvi wave ke darmiyan aksar convergence hoti hai.

Practically Istemal

Jab Elliott Wave Theory ko trading positions mein dakhil hone ke liye istemal kia jata hai, toh sab se wazeh signal hai ke trend reverse hone wale point se motive movement ka banna.
Agar ye uptrend hai, toh position mein dakhil hone ka ek tareeqa teen impulse waves mein se kisi mein kiya jata hai. Is case mein do tareeqay istemal ho saktay hain:

• Conservative ek long position wahi pe khuli hoti hai jab corrective movement wave 5 ke end ke level pe mukammal ho jata hai. Pehli aur doosri wave ke shuruat aur end se ek signal line draw ki jati hai, jismein rate ke wapas jane pe transaction band hoti hai. Dobarah khulta hai ek naye maximum ke ooper after signal line ki correction.
• Moderate initial conditions order place karne ke liye conservative method ke mutabiq hoti hain, lekin buy order wave B ke end ke level pe hota hai. Agar zarurat ho toh trade band hoti hai, aur signal line ki correction hoti hai.

Kabhi-kabhi aggressive method ka istemal bhi hota hai, jo position mein dakhil hone ka tareeqa hota hai jab signal line ko todi jati hai. Aisa hadsa naye impulse model banne ki nishani samjha jata hai.

Elliott Waves Trading Strategy

Wave analysis mainly professional traders mein istemal hoti hai trading mein. Beginners ek asan strategy ko pasand karte hain, isliye. Kaafi simple aur seedhi wave analysis ko amal mein lana kaafi mushkil hai, kyun ke haqeeqat mein, haqeeqat mein, chart par, real-time mein, market ka cycle kaunsa stage mein hai, yeh pehchanna kaafi mushkil hai. Is strategy ko trading par focus karne wale log hi seekhna chahiye agar aap market mein serious hain. Behtar hai ke aap is strategy ko kuch indicators ke saath jorain.

For example:

• MACD
• Moving Averages
• Fibonacci Retracement

Hamare khayal mein, wave analysis ko Fibonacci grid aur extension ke saath combine karne se acha synergy mil sakta hai.
Elliott Waves trading theory Fibonacci numbers ke saath mawafiq hai. Hamare aapko batane wale ek strategy kaafi mashhoor aur iska amal kuch log is misal ke taur par karte hain. Aghaz mein, hume bina strong corrections ke girne ke baad growing momentum dhoondhna hai.
Phir hume Fibonacci grid stretch karna hai aur intezaar karna hai ke correction kisi level par ho. Trade us level pe ya bullish candle bannay ke baad jab price us level se rebound kare, tab khula ja sakta hai.
Hamare case mein, price ne seedha level 50 se rebound kiya. Trade is level se khula hota. Zayada cautious aur risk se bachne wale traders wo position open kar sakte hain jab pehli wave ka maximum ho. Stop-Loss doosri wave ke minimum ke peechay set hota hai.
Phir hamare samne yeh sawaal aata hai: kholi gayi trade ko kitna waqt rakhna chahiye? Humain us waqt ka intezaar karna chahiye jab paanchvi wave ban rahi hai, aur price teesri wave ke peak tak pohanchti hai. Hum advise karte hain ke aap isey hisson mein bandhain, jo ahem levels ke qareeb hote hain, jo pehchane ja sakte hain, lekin iske bare mein doosri baar. Is k baad sab waves ko mark karte hain.

Elliott Wave Theory ke Drawbacks

Jab bhi ke Elliott waves ko technical analysis mein kaafi istemal hota hai, woh ek nazariya hai zyada se zyada ke trading indicator ke bajaye. Robert Prechter bhi, jinhon ne wave theory ko dobara zindagi di thi, ne kaha ke yeh sirf markets ke cyclic rawaiye ki tasdeeq ka ek tareeqa hai, lekin ek forecast ka tareeqa nahi hai.
Elliott Waves ko aksar subjectivity ke liye criticize kiya jata hai kyun ke har dekhnay wala chart par formations ko apne taur par dekhta hai. Is natijay mein, ek exchange-traded asset ki keemat mein anay wale tabdiliyon ka pesh goi asal wave patterns ke ghalt visualization ke bais ho sakti hai.
Kuch isay kehte hain ke Elliott waves ko pehle se bane hue charts par draw karna kaafi asaan hai, lekin jab aap anay wale model ko pehchanne ki koshish karte hain toh waves ke boundaries ko uniquely identify karna mushkil hai. Isse is theory ko amal mein lana practically mushkil hai, khaas kar entry aur exit points ka chayan karne ke liye.
Kuch ye kehte hain ke wave theory ka istemal nuksan la sakti hai munafa nahi, kyun ke isme bohot saari nuances hain jo ke experienced traders bhi poori tarah se nahi le sakte. Ek aur nuksan Elliott Wave Theory ka yeh hai ke isko trading mein safalta se istemal karne ke liye ise lamba arsa tak padhna zaruri hai.
Aam tor par mashhoor indicators ke mukable, Elliott Waves ko kuch ghantay ya dinon mein nahi seekha ja sakta. Is technique ko padhne wale traders ke mutabiq, isko puri tarah se samajhna mahinon ya saalon tak ka waqt le sakta hai.
Upar diye gaye points ko madde nazar rakhte hue, hum ye keh sakte hain ke wave theory ko trading mein istemal kiya ja sakta hai, lekin sirf technical analysis ke doosre instruments ke saath mila kar. Aur agar hum beginner traders ki baat karein, toh unhein sirf asan aur wazeh indicators ki talash karni chahiye.

Conclusion

Amum-tan, har ek Elliott Wave ko banane ki poori theory kaafi mantuq aur lamba hai. Ye theory toh stock market ke liye banayi gayi thi, lekin isay currency market mein bhi kamyabi se istemal kiya jata hai. Robert Prechter - Elliott ke mukhalif nazriyat ka ek aham faaila - ke mutabiq, moaasir margin markets aur automated trading systems ke is model par koi asar nahi hota, balke sirf statistics data ko zyada volatile structures ki taraf shift karta hai. Halaanki, Elliott Waves banane ke liye istemal kiye jane wale rules kafi strict hote hain, lekin markup mein hamesha kuch ihtimalat hoti hai, aur yeh sahi ya galat tab pata chalta hai jab structure pura ho jata hai, lekin yahan taqatwar hawalay ke saath tajaweez aur mustawab hawalay ke liye keemat hai.

Explanation of Method of Elliot Wave Theory?

Salam dosto....!

Elliot Wave Theory ek technical analysis tool hai jo market trends aur price movements ko predict karne mein istemal hota hai. Is theory ko Ralph Nelson Elliot ne develop kiya tha, aur ye unke observationon par based hai ke market ke price movements mein specific patterns aur cycles hote hain. Elliot Wave Theory ka istemal karte waqt traders ko market mein trend ko samajhne aur future price movements ko forecast karne mein madad milti hai. Neeche diye gaye steps Elliot Wave Theory ke basic method ko samjhte hain:

1.Identify Impulse Waves and Corrective Waves:

Elliot Wave Theory ke anusaar, market ke price movements mein do pramukh waves hote hain: impulse waves aur corrective waves.
Impulse waves trend ke direction mein move karte hain, jabki corrective waves trend ke opposite direction mein move karte hain.
Traders ko pehle impulse waves aur corrective waves ko identify karna hota hai.

2. Counting Waves:

Elliot Wave Theory mein market ke price movements ko count kiya jata hai, jise waves kehte hain. Yeh waves ko numbers se represent kiya jata hai, jaise ke 1, 2, 3, 4, aur 5.
Impulse waves ko typically 1, 2, 3, 4, 5 ke saath count kiya jata hai, jabki corrective waves ko typically A, B, C ke saath count kiya jata hai.

3. Application of Fibonacci Ratios:

Elliot Wave Theory mein Fibonacci ratios ka bhi istemal hota hai. Fibonacci retracement aur extension levels ko use karke traders Elliot Waves ke levels ko confirm karte hain.
Fibonacci retracement levels, jaise ke 38.2%, 50%, aur 61.8%, support aur resistance levels ko indicate karte hain jo Elliot Waves ke levels ke saath match karte hain.

4.Wave Rules and Guidelines:

Elliot Wave Theory ke kuch rules aur guidelines hote hain jo traders ko follow karna hota hai.
Jaise ke ek corrective wave kabhi bhi ek impulse wave ko overlap nahi kar sakta hai. Agar overlap hota hai, toh yeh Elliot Wave count mein error hota hai.

5.Validation and Confirmation:

Elliot Wave Theory ko validate karne ke liye, traders ko market price action ko closely monitor karna hota hai.
Agar Elliot Wave Theory ke predictions market price action ke saath match karte hain, toh isko validate kiya jata hai aur traders apne trading decisions ko confirm karte hain.

Elliot Wave Theory ek complex theory hai aur iska istemal karne ke liye experience aur practice ki zarurat hoti hai. Traders ko Elliot Waves ko sahi tareeke se identify aur interpret karne ke liye market analysis aur technical skills ka hona zaroori hai.

Method of Elliot Wave Theory












1. Mud Introduction:

• Elliot Wave Theory ek technical analysis tool hai jo market trends aur price movements ko samajhne ke liye istemal hoti hai. Is theory ka naam Ralph Nelson Elliot ke naam par hai, jinhon ne isko 1930s mein develop kiya. Elliot Wave Theory market psychology, investor behavior, aur price action ko analyze karne mein madadgar hai.

2. Elliot Wave Theory Ka Asool:

• Elliot Wave Theory ka asool hai ke market price mein aik repetitive pattern hota hai, jo ke 5 impulsive waves aur 3 corrective waves se mil kar banta hai. Yeh 8 waves mil kar ek complete cycle ya impulsive/corrective sequence bana deti hain.

3. 5 Impulsive Waves:

• Impulsive waves market mein trend ko represent karte hain. Yeh 5 waves upar ya neeche ja sakti hain, jismein 1st, 3rd, aur 5th waves impulse waves hoti hain, aur 2nd aur 4th waves corrective waves hote hain.
• 1st Wave (Impulse):
  • Pehli wave positive trend ko indicate karti hai jab investors buying mein involved hote hain.
• 2nd Wave (Corrective):
  • Dusri wave pehli wave ki opposite direction mein hoti hai, jo ke aam tor par retracement hoti hai.
• 3rd Wave (Impulse):
  • Teesri wave sab se zyada powerful hoti hai aur isme market ka major trend change hota hai.
• 4th Wave (Corrective):
  • Chouthi wave teesri wave ki opposite direction mein hoti hai, lekin pehli aur doosri waves ke darmiyan hoti hai.
• 5th Wave (Impulse):
  • Paanchvi wave major trend ke direction mein hoti hai aur isme market ka final move hota hai.

4. 3 Corrective Waves:

• Corrective waves impulsive waves ke opposite direction mein hoti hain aur market ko stabilize karti hain.
• A Wave (Corrective):
  • A wave pehli corrective wave hoti hai, jo ke impulsive wave ke opposite direction mein hoti hai.
• B Wave (Corrective):
  • B wave A wave ki opposite direction mein hoti hai, lekin C wave ke darmiyan hoti hai.
• C Wave (Corrective):
  • C wave sab se zyada powerful hoti hai aur isme market ka major correction hota hai.

5. Elliot Wave Counting Aur Identification:

• Elliot Wave Theory mein counting aur identification ka tareeqa ahem hai. Traders ko market chart par waves ko count karna aur unki identification karna sikhna chahiye.

6. Fibonacci Retracements Ka Istemal:

• Elliot Waves ke analysis mein Fibonacci retracements ka istemal hota hai. Yeh retracements market mein reversals ya corrections ko indicate karne mein madad karte hain.

7. Elliot Wave Channels:

• Elliot Waves ko analyze karne ke liye channels ka istemal hota hai. Channel analysis se traders ko ye samajh aata hai ke market ka trend kis direction mein ja raha hai.

8. Elliot Wave Rules:

• Elliot Wave Theory ke kuch rules hain jinhe traders ko follow karna chahiye, jaise ke 3rd wave 1st aur 5th wave se choti nahi ho sakti aur 4th wave 1st wave se overlap nahi kar sakti.

9. Limitations of Elliot Wave Theory:

• Elliot Wave Theory ka istemal karna mushkil ho sakta hai kyun ke ye subjective hoti hai aur different analysts ke liye different interpretations ho sakti hain. Iske alawa, market dynamics ke changing hone ki wajah se Elliot Wave Theory hamesha sahi nahi hoti.

10. Conclusion:

• Elliot Wave Theory ek powerful tool hai jo market trends aur price movements ko samajhne mein madadgar ho sakti hai. Iske rules aur principles ko samajhne ke liye practice aur experience zaroori hai. Traders ko hamesha yeh yaad rakhna chahiye ke Elliot Wave Theory ek tool hai, aur isko sahi taur par samajh kar istemal karna zaroori hai. Iske saath-saath, dusre technical indicators aur analysis tools ke saath combine karke hi traders behtareen aur accurate trading decisions le sakte hain