Track True Scriptures - Practical Techniques of Wave Theory

Author: Wu Xianhai / Country: Mainland China
Publisher:
Publishing Date: 2006-07-01
Features: This book elaborates on the following issues from a technical analysis perspective:
How to identify true and false breakouts.
How to discover the unique leader among thousands of stocks.
How to capture major bull stocks in a bear market.
Why technical indicator overbought/oversold signals fail.
How to select short-term black horses.
The rhythm of stock market operations;
Formulas to unlock the mysteries of cyclical patterns;
Reading charts is like reading the sea;
How to analyze rebounds and reversals.
Formulas for wave movement patterns;
"The Book of Stock Path Heaven"—a miraculous chart for accurately predicting the top and bottom movements of the stock market;
"The True Scriptures of Stock Path"—wealth for a lifetime.
For anyone who wants to achieve life's dreams and create great achievements in the stock market, this book is a treasure.
If you are an expert in securities theory, you need such a book, because it presents new research and discoveries on Elliott Wave Theory and Gann's Wheel of Years Theory.
If you are a fund manager overseeing billions of dollars, you need this book, because it allows you to understand the patterns of market movements more proactively and thoroughly, thereby improving your fund management returns.
If you are a short-term speculator who enjoys trading, you need this book, because it provides the best entry and exit points for short-term trades.
If you are a steady investor who prefers medium-to-long-term holdings, you need this book, because it offers a method to precisely screen out rare, qualified bull stocks from 1,000 stocks, enabling you to own them once and gain high profits effortlessly.
(6) The Virtual Sea and the Real Sea. There is a famous saying: "The deepest thing in the world is the ocean, and deeper than the ocean is the human heart," indicating that the secrets of human hearts are hidden deeply and are difficult to fathom. During certain periods, stock price fluctuations are greatly influenced by manipulators, and everyone wants to uncover the manipulators' inner secrets. In fact, the manipulators' psychological activities are fully reflected in the stock price movement charts.
The ancient Yin-Yang theory holds that everything in the world exists as both Yin and Yang, both virtual and real, with Yin and Yang interrooting and opposing yet unified. Then, Yin and Yang correspondences can be seen everywhere in nature and society, such as day and night, spring and autumn, mountains and seas, and airplanes and submarines. So, how do the virtual and real correspond with each other? Could there be a virtual and ethereal world that corresponds to this tangible world? For now, we can use the imaginary world of the internet as a counterpart, as netizens live almost in this world.
There is a Chinese idiom called "heart surging like the tide." Could it be that the human heart is indeed a virtual ocean, with its own sunny days and turbulent waves? Assuming such a correspondence is valid, is it possible that the fluctuations of the human emotional ocean and the natural ocean are so intricately aligned in their patterns?
Turn on your computer and take a look at the index movement chart of the Shanghai and Shenzhen stock markets. This chart fully displays the wave patterns of the human psychological ocean as a candlestick chart. The index jumps up and down, rises and falls, and extends in waves, mirroring the ebb and flow of the great ocean in nature—high tides and low tides, rising and falling—so vividly (assuming a single wavelet at the crest represents the instantaneous stock price).
Please note: Ocean wave motion is a three-dimensional image, while the index chart is a two-dimensional one. If we intentionally mimic the drawing method of the index chart to create a two-dimensional plane chart of ocean wave motion that shifts over time, and place these two charts side by side for comparison, do they not share a striking similarity? (After seeing the, you may recognize such a theory).
The correspondence law between virtual and real waves is not vague but precise. It can not only be used to gauge momentum and make rough judgments about future movement zones but also to calculate an exact "force" value of physical movement through mathematical operations. This "value" can help us find the "top" and "bottom" positions of the market.
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