Elliott Wave Secret for Successful Trading

Ralph Nelson Elliott, a great accountant, formulated the Elliot wave theory. He analyzed 75 years worth of stock market data and concluded that there is a definitive pattern in the stock market and there is no haphazard and undefined pattern that determines the market.

A lot of human psychology is involved which results in the pattern. These patterns are repetitive, and investors can predict the market behavior by monitoring these trends. The Elliot wave theory is formed by two different patterns called the impulsive and compulsive.

Impulsive is when the there is a positive trend in the market, and the share value goes up, and compulsive is a when there is a negative trend, and the market value falls. If you can determine where the exact market value is then you can predict the behavior and find exactly when to buy and sell shares.

A 5-3 wave pattern explains the Elliot wave theory. The wave pattern 1-5 represents the five impulsive, and the wave pattern a-c represent the three compulsive. Once you understand the pattern, then it is easy to mint money in the share market.

The 1, 3 and five are called the motive, and the 2 and four are called the corrective. Wave 1 is when the stock is moving upwards, and people take notice of it. Once it has reached a certain amount of money people sell it for profit, this causes the dip in the peak and hence forming wave 2. Some people are waiting for that particular stock to go down so they can buy it. This results in the upward movement and hence the wave 3. This particular wave keeps rising, and some people notice it. Then traders sell the stock and make a huge profit and hence causing the stock to fall again forming wave 4. Now, more investors are waiting for the dip to buy the stock. Once it has reached a limit number of investors, start buying stocks and hence increasing the stock value.

Once the stock has reached its peak, the corrective waves come into play. These corrective waves are denoted as a, b, and c. The corrective way can be of 21 different patterns. These patterns ensure that the stock goes back to the impulsive wave pattern 1. We were discussing the bull pattern which starts with the upward trend, but there can also be a bear pattern where it starts with a downward trend.

All waves have a sub waves which is formed by the same 5-3 wave patterns. When you can determine which wave the market is at then, you can predict the behavior of the share market. There are three rules to be followed when implementing this theory.

Wave 2 cannot fall beyond wave 1
Wave 3 can never be smaller than the other impulsive waves
Wave 4 can never be the same as wave 1

By keeping these basic principles, you can determine the market share position using these wave patterns. Elliot wave theory has been criticized saying that when a number of people know the wave patterns, then the pattern is meant to change. Similarly, since no one can find the beginning or the end of the wave, it is considered a vague theory.

What is swimming pool replastering?

Swimming pools are most commonly used for recreation. It is one of the best structure for leisure activities and relaxation. Similarly, it is also known to be used for exercise and sports. Interestingly to discuss with is the inground pool since it is most common pools as seen in many places. It has four different types which are concrete plaster pool, fiberglass, vinyl-lined and other alternative finishes. The most popular among these four types is the concrete plaster pool.

Concrete plaster pool is made out of steel-reinforced concrete which strengthens and holds the concrete in tension between the outer shell and the plaster which is generally used for protective or decorative coatings of pool walls, and it is the waterproofing layer to keep the inground pool structure to a longer time.

Over the years, it will come to the point that plaster may run-down, rough, stained or scarred. Water balance could be the main reason for the damage where chemicals put into the water is degrading the finish as time passes by and frequent time it is being used. True enough, plaster is a natural material and can be expected to deteriorate.

Swimming pool replastering is done during pool renovation and maintenance. It can be done more often to keep the fine finishes. The replastering results in a more uniform look of the entire pool. It will definitely strengthen the structure of the pool after the swimming pool replastering. Importantly, the swimming pool can be checked if it works efficiently.

The process is tedious if the entire swimming pool is subject to replastering and can cost a lot but depending on the materials to be used. Companies like the pool resurfacing company orange county ca offer replastering services which are convenient but sure need to spend a lot of money.

Here are the brief steps for swimming pool replastering:

1. Remove the old pool plaster. Drain the water out of the swimming pool and clean the pool surface. Start to remove the plaster with the use of jackhammers or air chisel. It is important to remove the plaster without creating a lot of hollow carves. Make it smooth as much as possible and make use of sandpaper to remove sharp edges

2. Wash the pool surface with acid. It has to be done carefully as a muriatic acid need to be poured directly onto the entire pool surface. Once dry, wash off the acid by the pressurized water hose. The basic purpose of acid washing is to remove the leftover old plaster and make the surface rough so the new plaster will stick onto it properly. Use of appropriate gear is a must before performing this step as this is hazardous.

3. Apply the new plaster. This step might take 2-4 hours and must be completed in the shorter time possible. Mix the plaster into a container and apply it evenly to the pool surface through the use of steel finishing trowel. Apply another coat after the first dried coat. Ensure an even surface at the wall and floor of the pool. Paint it for finishing touches with the correct type of paint especially used for concrete plaster pools. After it has completely dried, the pool can now be filled with water.

Northwave EC in Singapore

Northwave Executive Condominium brings a lot of investment opportunities. They are planes to provide much more than your expectations. These Executive Condominium looks bigger and feels luxurious than most of the regular condominium available in Singapore. This project is located near to the central region in the junction of Gambas Avenue and Woodlands Avenue 12. This project is full of modern amenities and space. It includes 6 blocks of 16 storeys apartment with a large number of carparks and a wide range of unit types.

The Perfect Location

The Woodlands is all set to have a bright future with a number of opportunities for the residents. It is planned to be Republic’s Northern Regional Centre over the next 5 to 10 years with a number of commercial plans. According to the latest reports by the Urban Redevelopment Authority, this location has a potential for over 100,000 jobs. A new expressway extending North-South which will connect Woodlands to the city is said to be ready by 2026.

Subsidized by Government

The Government subsidized the land to the developers so as to build condominiums like the Northwave (http://www.northwave-ec-singapore.com/) for the first time buyers. These condominiums are no less than private property. The government took this action to enable nationals with average incomes to buy a private space. The buyer should be a Singapore national with a yearly income of less than $14,000. They are allowed to sell the property only to a Singapore national only after 5 years.

Well Utilized Space

All the units of the Northwave Executive Condominium are an amazing example of space utilization. They seem much superior to other condominiums for the same price range. The architecture seems very proportionate giving importance to all the elements of a perfect condominium. You will not get to extra thin corridors, large balconies, tiny kitchen, and desynchronized bathroom. The large floor to ceiling windows is the highlight of the units that floods natural lights to every corner.

Superior Medical Facilities

This project is designed considering every factor of a township. It features plans for round the clock medical facilities where doctors of medical practice will be available. It includes medical practices of elder care and child care also. The residents will not have to worry about their ill health.

Luxurious environment

These Executive Condominiums feature luxurious environment keeping your comfort in mind. These facilities include a waterfall themed outdoor pool for a relaxing evening after day’s work. The Singapore Community club will also be located inside a shopping mall. There will also be a joggers and cyclist track built all around the perimeter to enjoy the lush green environment. The residents might also be able to enjoy the communal relish facilities in an air-conditioned environment without any added cost.

360 Connectivity

This project is well connected to all the public places. It will take only 15 minutes’ walk to the Admiralty MRT station. The Sun Plaza, located near Semarang MRT station merely takes a 10 minutes’ drive. There are some schools around the Admiralty MRT station, and there are also plans to build hawker center very soon. Some of the elite schools like Singapore American School and Singapore Sports School are also located at a walking distance. Your children will be able to utilize a safe, short, and direct passage to the schools from the condominium.

How to avoid accidents in an 18 wheeler

18 wheeler trucks are a backbone of the transport sector. They are used to transport nearly everything from food to materials from one place to another.Despite playing a big role in our survival they are prone to accidents, and normally when it happens, it usually leads to fatalities and some serious injuries, be sure to take a look at your lawyer website beforehand. However, there are may ways on how to avoid accidents in an 18 wheeler.

ENSURE YOUR VEHICLE IS ROADWORTHY
First things first. It is important for a driver to ensure that your 18 wheeler is in a good condition for the roads. That is making sure that the brakes are working properly, all the lights are in perfect conditions and that the wheels are in good shape. You should always carry spare tires in case there is a puncture, or they blow out. The washers should also be in a good condition not forgetting that the airbags should be checked regularly. The driver should also be in good health, not under the influence of drugs or alcohol as this impairs vision and judgment of the driver.Moreover, they should have had enough rest before hitting the road.

USE OF SAFETY BELTS.
It is crucial for a driver to put on the safety belt before driving. This usually prevents a driver from hitting the steering wheel or windscreen when a driver suddenly applies brakes. Though many people ignore this, it is a temporary guarantee that you will reach your destination safely.

KEEPING DISTANCE.
It is important for any driver to maintain a certain distance from the vehicle ahead of you. This gives you time to respond to any emergencies coming your way. If you drive too close to the person ahead then in the situation of emergency braking, you will rum into the back of the other vehicle causing other accidents on the road. Furthermore, there may be cases of tire blows which may cause the 18 wheeler ahead to veer off the road leading to an accident.

ALWAYS BE ATTENTIVE.
While on the highway with other trucks and cars, it is important that you pay attention to your environment along the road. This translates to avoiding all manner of destruction, starting with avoiding the usage of mobile phones while driving. Replying to text messages shifts your attention from the road.If you are a passenger, always be aware on what the driver is doing as they tend to fall asleep due to lack of enough sleep.

APPROACHING DANGEROUS AREAS WITH CAUTION.
When approaching an area considered dangerous, it is important that you drive with a slow speed. These areas can be constructions sites or when moving downhill.It is important that you always be ready to apply brakes thus reducing the risk of an accident.

AVOID THE NO-GO ZONES.
Like any other vehicle on our roads, 18 wheelers have quite a large blind spot, that is areas that the drivers have limited visibility.This may be immediately behind another trailer where the visibility of the driver and passenger is limited.

Apart from the above, you should also avoid making sudden stops as it may cause obstruction to other road users, as trucks take quite some time to come to a halt.You should also avoid making a sudden change of lanes.

If all the above guidelines are followed, you are assured of avoiding accidents in an 18 wheeler, and making the highways a safe place for people to drive.

 

 

 

 

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