mr soros class update -by zenocorp

hello guys, sorry for the late update, im suppose to update

yesterday which i fail due to several reasons.i finished

the class at about 630pm yesterday an i hurry back to pudu

to catch up my bus at 830pm. so i have no time posting

yesterday, and its a very tiring day for me.

so i reached campus about 1200. after i took my bath then

realize that the internet connection in my dorm(the entire

guys dorm) had been cut down. i was so frustrated.haha..

i manage to go to the astaka at 900pm today 6 of may

2007(which took me about 200miles riding a bicycle) and

post this.


so here im going to briefly share what i have learn from Mr

soros's class.


1- what is EW?

a nature's law -secreat of the universe (sound powerful

rite.) why it is called universe? because it can simply

apply to everything in this world. ex: ur body pulses, ship

navigator, statistic, financial market and you name it.


2)- can it apply to currency trading?

ofcoz la...dats why its call the nature law.(like power

ranger) heheh. ok, frankly it helps us the see the pattern

in the market. juz like what Mr soros says, "what you see

is what you get". so if you know how to see the pattern,

you know where the market is going. you are no longer need

to worry bout the news or any other indicator-juz the

pattern!


3)- topic covered?

a) motive waves -impulse: extention and trunkcation
-diagonal triangle

b) corrective waves
-zigzag
-flat
-irregular
-horizontal triangle
-combination of corrective wave.(there are all together 24 pattern of corrective waves combination.-not included the basic 4 corrective waves)


c) rules

d) guidelines -equality, alternation, depth, channeling,
throw over, volume, post-triangle thrust
measurement.

e) wave personalities

f) Fibonacci relation ( i found this part interesting )
fibo actually have a lot to do with EW.


is that all?

no, he also teach teach us a system which is call the "sistem penyu bertelur".the system was first created by a legendary trader named bill Williams. the system is also use to determine EW impulsive and corrective wave.


5) who the hell is bill Williams?

aha..this guy win a world trading tournament. he turn his 10K to i million in juz 1 year. this guys win the tournament 2 times in a row. he later teach the technique to his son, where his son also become the winner of the world tournament.


6) nice advice from Mr soros?

learn not to trade.


ok, dats all for update. thank you for viewing