Eliot doesn't know where the waves come from?
The wave masters, who have been relied on by thousands of people in the world's financial marekts, are sometimes stunned by big waves and thrown out of the waves from time to time, highlighting the shortcomings of the wave theory. The wave masters use the standard wave segmentation model to show the wave segmentation to investors, and use it as the basis for trend prediction and market entry. When the actual market trend deviates from the wave segmentation of the wave masters, the wave masters make an understated wave modification. Investors will either be annihilated by the wave modification of the masters, or they will pay a heavy price, and the fate of many investors will be modified as a result.
The reason why wave masters are often unable to use wave theory to correctly divide waves, capture fighter jets, and often find themselves in a situation that cannot be justified, indicating that the wave theory from the beginning of Eliot to the present has structural flaws. To let the wave theory continue to survive, the only way is to comprehensively face the wave theory, comprehensively examine the framework of the wave theory, completely break the authoritative superstition, criticize and sublate the wave theory across the board, retain the correct theory, correct the wrong theory, and let the wave theory bring unparalleled fruitful results to investors.
In fact, the ten framework theories of the wave theory are all wrong. The first of its ten framework theories is that I don't know where the waves come from?
Elliott, the originator of waves, was an observant, diligent thinker, innovative, and humble and pragmatic person. He found that wave movement is a very common phenomenon in nature. The waves of the sea are like thousands of horses, galloping endlessly, collapsing cliffs and cracking banks, one wave just retreats, one wave comes again, the waves make the sea move, symbolizing the power of the sea, and the waves have become the rhythm of the sea and the poetry of the sea. However, waves are not the patent of the sea. @Slightly found that this wave movement form of the sea also appears on the earth. When you climb to the top of Mount Tai and see the mountains at a glance, the mountains under your feet are like the waves of the sea, rolling in. When you take a plane and look out the window, the earth undulates, and the mountains are like waves, like the ocean. Even the clouds around him were rolling in waves, just like the rolling sea, with ups and downs, rhymes and rhythms... Waves had almost become the main theme of the movement of nature.
What was remarkable about him was that he used the characteristics of wave movement in nature to observe the fluctuations in commodity market prices. He found that the long-term record of buying and selling prices in any commodity market, the ups and downs of prices, also moved like the waves of the sea. Standing on the shore of the sea, he was fascinated by the waves on the beach, and he saw the waves rolling ashore, then blocked by the embankment, abruptly stopped, slightly retreated, one wave came again, so repeated, never resting. The chart of stock movements in Eliot's hand is also a huge rise, then a slight decline, and then another huge rise... Eliot confirmed through a large number of statistics and analysis that the price fluctuations of speculative markets move in the form of waves.
However, Eliot states that he only found that market prices move in waves, but he does not know why market prices move in waves, that is, what causes market prices to move in waves? The wave master obviously does not know where the waves come from?
I don't know the beginning I don't know the end
The Yellow Emperor's Neijing Suwen, an ancient Chinese classic, has a philosophical saying that the key to breaking the cracks of the wave theory is "not knowing the beginning and not knowing the end". Qi Bo, the teacher of the Yellow Emperor, said that if you don't know how anything starts, you can't predict how it will end. When Eliot created the wave theory, he admitted that he didn't know what caused the waves, and it was doomed that the wave theory he set was unable to catch the waves in the end. This is the congenital deficiency of the wave theory.
Modern science has discovered that the waves of the sea are caused by the tides of the sea, and the tides of the sea are caused by the attractive force of the moon on the earth. Eliot lived in the thirties and did not know this. It is understandable, but the modern wave master did not dare to cross the defects of Eliot's era.
The attractive force of the moon causes the tides of the ocean, when the moon is in line with the earth and the sun, the sun and the moon will form an attractive force focusing on the earth, or the sun and the moon are on the side of the earth, the attractive force of the two celestial bodies condenses together, sucking seawater to the side where the sun and the moon are together. Or the earth is in the middle of the moon and the sun, the seawater around the earth is pulled to the equatorial belt on both sides of the earth by attractive forces, which forms the great tides on the third and eighteenth days of the lunar calendar, and the small tides of the ocean every day are the performance of the seawater following the sun, the sun rises in the morning, the sea tides rise, the sun goes down at night, the sea tides ebb, the sun dominates the daily tides ebb and flow, the sun and the moon jointly create the monstrous waves twice a month.
Since the attractive force of celestial bodies is the manufacturer of ocean waves, is the attractive force of celestial bodies also the manufacturer of market price waves?
Dependent on the periodic motion of celestial bodies
Now, I can clearly tell Eliot that the waves in the ocean are caused by the attractive forces of celestial bodies, just as the waves in the market are caused by the attractive forces of celestial bodies.
Since we can know where it begins, we can know where it ends. Since waves depend on celestial cycles, celestial cycles can tell us when a wave is likely to end. Since Eliot did not know the relationship between waves and celestial bodies, waves are not temporal. Waves require multiple assumptions. Wave segmentation can be modified. Waves do not know until they are finished. Waves always go up... Structural fallacy.
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Disclaimer: The content of this article does not represent the views of the Institute of Foreign Exchange. The content is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
