J. M. Hurst suggested that there are certain standard cycles which are universal and can be applied on any asset classes. Many cycle analysts often complain that cycles vanish without giving prior indication. The major reason being interaction of different cycles of varying magnitude.
The subject might look complicated but it is no different than Elliott wave principle. The major difference is Hurst Cycle analysis helps us to predict time and Elliott wave focuses more on price. This element of time can help us to forecast the Elliott wave pattern that can form in future.
As shown in below chart we have applied Time cycle on Nifty Daily chart along with Neo Wave. The important part of Hurst Cycle is that if you know that major as well as smaller degree cycles are citing towards probable bottom or top then you can save yourself from making wrong trade. In market “when not to trade is the key to success”.
Nifty daily chart:
The above chart clearly shows important areas when Nifty formed lows near the above cycle. We have turned bullish based on these lows. Also a few days or maybe two weeks prior the markets topped out. This time it was no different and we can clearly see it topped out in 2nd half of the cycle. So by applying cycle analysis you can know when important lows or tops should be formed.
This study of cycle analysis is independent of price forecasting that we do using Advanced Elliott wave i.e. Neo wave.
Imagine the power you will have if Time cycles and Neo wave price pattern both are in sync and pointing towards same direction.
In addition to above we have been mentioning Nifty daily intraday calls in our trading research reports. Below are the past few days of Nifty calls given:
Anticipated on 15th October 2019 – Long positions can be created above 11380 with day’s low as stop and target of 11420 levels. BANG ON!
Happened: Nifty moved exactly as expected and crossed above 11420 levels
Anticipated on 14th October 2019 – Long positions can be created above 11360 with 11290 as stop and target of 11400 levels. BANG ON!
Happened: Nifty touched the high near 11420 levels post crossing above 11360
Anticipated on 10th October 2019 – Long positions can be created above 11280 with 11230 as stop and target of 11320 levels. BANG ON!
Happened: Nifty moved precisely as expected and crossed above 11320 levels
Nifty / Bank Nifty Intraday advisory – The above clearly shows how accurately intraday trading strategy has been working despite of all the volatility. Subscribe to Equity / Nifty / Bank Nifty calls here
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Upcoming Training on Time cycles & Neo wave– You can learn these methods in the upcoming training on Advanced Elliott wave – Neo wave, Hurst’s Time cycles. All of these methods when combined together have resulted into brilliant outcome that you can see above. Also before the training itself, there will be FREE Elliott wave video links shared across that will ensure you can learn even the basics of technical analysis and Elliott wave well before the two days’ workshop. There cannot be better investment than this.
Post the training Mr. Kyal himself will be more than happy to clarify the doubts by starting a special Trader’s forum meant only for the attendees where you can post your personal charts and trades. Register NOW as Early Bird offers ends on 25th October 2019. For more details visit Training on Time cycles and Neo wave or to block your seat today itself directly call / whatsapp on +91 9920422202. Trust me this can be one of the best investments you can make!
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