TRACK RECORDS |
In our specialised field of market price forecasting, nothing is more important than a track-record - this is not a list of buy/sell recommendations though as this would imply we generate such signals using just one singular time-frame – the markets are fractal in nature, unfolding into multiple periods that cannot be standardised as many of our clients operate and trade in very different intervals depending on their remit. The Elliott Wave Principle is a dynamic and deterministic methodology that is constantly evolving as new data builds the ongoing sequences into ever larger aggregate patterns, and these span many different time-intervals in a seamless hierarchical construct. All living organisms follow the same rhythmic growth pattern and applying Nature’s Laws, it is possible to track the ongoing direction and amplitudes of all the major markets traded around the globe. These track-records represent a sampling of some of the price forecasts we have published in our various publications of the last two decades since WaveTrack’s early beginnings in 1992. It is not a complete list by far, but this selection has been chosen because these best illustrate the balance and symmetry contained within the dynamic waves of the market. Fibonacci calculations that are meticulously employed in combination with wave pattern identification have provided some insightful moments at key reversal points. The fact that the system of Elliott’s Wave Theory is timeless in its origin is a testament to the man who unravelled the complexities of action and reaction processes of stock prices only seventy years ago. Others before him such as Pythagoras and Aristotle were the keepers of the Ancient Wisdom of arithmetic, logic and geometry which has been passed down through the ages and which we blindly use today – Sincerely, Peter Goodburn Latest Track RecordsFIRST HALF-YEAR REVIEW OF HANG SENG INDEX FORECASTSThe first half of the year has seen some volatile price-swings for the Hang Seng and until recently, most of this taking place within a sideways trading range between 22123.26 and the year's high of 24468.64. We open this track-record in early January ‘11 with two competing wave counts with an outlook of 12 months forward. Count #1 illustrated a bearish outlook with an expanding flat correction in progress that began from the Nov.'09 high of 23099.57 with ultimate downside targets to 18110.22. Count #2 proposed a more bullish outlook that prolonged the May '10 advance unfolding as a five wave impulse pattern into the May-June '11 cycle high targeting 27316.16. INTRODUCTION TO THE FIXED INCOME FORECASTING SERVICESWaveTrack has specialised in applying R.N.Elliott's Wave Principle to the financial markets for over twenty years, both as traders and researchers. Publishing price forecasts for the financial community, the Fixed Income Forecasting Service has served a wide spectrum of institutional clients worldwide, spanning five continents since its inauguration in 1988. Our cooperation with mainstream banks and their clients has produced a growing awareness of the robustness of the Elliott Wave Principle as a forecasting tool, and its place within the hedge fund and real-asset businesses is now firmly established. Two principle activities are focused upon – the continuous streaming of updated forecasts are being relayed via our web-site portal and the education & tutorial services that support the clients for the translation and practical implementation of trading strategies. EW-COMPASS TRACK-RECORD & TESTIMONIALThe EW-Compass report is unique to the methodologies of the Elliott Wave Principle because it incorporates our proprietary analysis of Geometric Ratio & Proportion that is the result of over 25 years of in-depth research into the laws of price measurement and amplitude – how far a particular trend will travel before it changes direction. |
EW-Forecast
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