Category Archives: The Orpheus Newsletter

Orpheus Newsletter (Time Triads) - 05 Sep 2010

The Information Pattern Information like everything else in nature is mathematically patterned. Understanding the pattern can help us make much more sense of information. Coming to look at it, we don’t trade or invest in assets but their intrinsic information. It is this information that gives them value. The relationship is considered linear between information [...]
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Orpheus heads to India

Orpheus heads to Mumbai for Bombay Stock Exchange Training. BSE Training Institute Launches a Two Day Programme on “Investing with Time and Performance Cycles” (The cyclicality of markets can be quantified. This can change the investing process.) Date: 27 and 28 August 2010, Friday and Saturday Timing: 9.30 am to 5.30 pm Programme Aim: The [...]
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Orpheus in Kathmandu

Orpheus is in Kathmandu for a conference on Performance Cycles for the Foreign Exchange & Money Dealers Association of Nepal (FEDAN) Trading Forex with Performance Cycles Hotel Radisson, Kathmandu, Nepal 30 August 2010 Performance is cyclical and is based on time cyclicality. A top performer will underperform in future and vice versa. All of Euro [...]
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Happy Birthday Ralph

(28 July 1871–15 January 1948) Happy Birthday Ralph. Thanks for teaching us patterns of life, nature and markets. Ralph N Elliott
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Targets and Stops (003) - Fibonacci projections

Another important and broadly used target calculation tool is what market technicians call the Fibonacci projections. Simply putting the Fibonacci ratios are used to project the end of a three legged structure after two legs are considered complete. These three legs could be a-b-c, 1-2-3, 3-4-5 or w-x-y. These following Fibonacci ratios or projections: 0.382 [...]
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Targets and Stops (002) - Key Reversal Bar

Last time we discussed the previous fourth retracement and how the method can be used as an effective tool to calculate stops and targets. Today in the second addition of targets and stops we are discussing Key Reversal bar. The very fact that the High-Low-Close formation is called ‘Key’ attaches significance to it. From personal [...]
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Targets and Stops - Previous fourth retracement

One of the most effective target calculation techniques is based on the previous fourth retracement. According to Elliott, prices move in a five wave structure and after completing such an impulse, prices tend to retrace at least till previous fourth levels. This is why after a peak or bottom, the respective levels become an important [...]
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Equities vs. Gold

It is very tough to understand cyclicality, as it goes against conventional belief, which comes from the society. Hence seeing cyclicality, appreciating it, comprehending it needs courage to see what everyone can’t see. What if you are wrong? What if the society is right? What if….? This is another reason why Gold should underperform Equties. [...]
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The ‘I saw it first’ illusion

People can fight for credit. They can even kill for it. There is an old joke of two amateur chartists fighting over a credit regarding who spotted the head and shoulder first. At Orpheus we consider head and shoulder the pattern of time. So if you look at price you will find head and shoulder [...]
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Continuation head and shoulder or Elliott Triangle

A continuation Head and Shoulder pattern could also be a looked as a triangle. A similar pattern of conventional head and shoulder of a five legged 3-3-3-3-3 (a-b-c-d-e) triangle was present in Nifty during the fall from May 2008 to Oct 2008. Vivek Marne is currently working with BDO Consulting in Oman, providing services in [...]
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