Salam.. Just another quick update.. I'm right now learning Ell Wave.. Not Ell Nano.. Elliot wave.. haha.. Elliot wave is just a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes in investors psychology, high and lows in prices and other collective factors..
The investors of this method Ralph Nelson Elliot was a professional accountant had discovered underlying social principles and developed the analytical tools in 1930's..
This method I'm using right now basically to reduce loss in my forex trading. One week before I'm learning this, one of my friend have achieve 1000% profit from forex. I was so jealous. haha.. Alright.. Time to get to work.. Till then.. Chao.. Salam..
From R.N. Elliot's essay, "The Basis of the Wave Principle," source wiki.