Elliot Wave

Thursday, December 13, 2007

Currently I am studying the Elliot Wave method on trading stock. Here I enclose one of the Bursa Malaysia stock to review.

Nextnation Weekly Chart

Elliot Wave is a study about wave to predict market behavior by R.N Elliot. Elliot Wave patterns usually occur in sufficient volume and liquidity market. Unfortunately, this method seems too complicated and very hard to study alone. Anyone has used it and successful implement it in our stock market? Your suggestion is highly appreciate and any comments are welcome.

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To learn better Bursa Malaysia Stock Market & build up My Portfolio.

Current stock in my portfolio:
1) Hupseng
2) Glomac
3) Masteel
4) Supermax
5) Cocoland
6) Xinquan


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