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- Ian Copsey replied Sep 22, 2014
Has Mr Angry gone yet??!! I don't like the recovery from 1.2825 and I've just noted an alternative that retains the count I have but within Wave -a- of Wave -iii-... The 1.2825 low was actually a 176.4% projection of the first ABC move lower from ...
- Ian Copsey replied Sep 22, 2014
You appear quite confused. I've not mentioned 1.2855. I wrote above: "It's looking like the 1.2810-25 area will support for a reversal back to 1.2930-40 and will need to be in 5-waves." I suggest you look at the chart at the top of this page and at ...
- Ian Copsey replied Sep 22, 2014
That wouldn't be a problem - I was looking at a 66.7% retracement in Wave -b- at 1.2941... but up to 1.2950-55 wouldn't break the bearish structure...
- Ian Copsey replied Sep 21, 2014
It's looking like the 1.2810-25 area will support for a reversal back to 1.2930-40 and will need to be in 5-waves. Below 1.2800 will imply the Wave -v- target estimates mentioned earlier.
- Ian Copsey replied Sep 21, 2014
Please read an earlier post in which I have defined the range. For a Wave -v- there is no such thing as an "exact" target.
- Ian Copsey replied Sep 20, 2014
This is what I have. However, it's a complicated structure. I'm still not 100% comfortable with the first ABC in particular. Use of indicators and patterns will be important in establishing this count as correct. One point I'd also like to point out ...
- Ian Copsey replied Sep 20, 2014
Exactly the way it should be taken...
- Ian Copsey replied Sep 20, 2014
skyhok As far as I know, I have only questioned - maybe challenged is another word - but only because I couldn't understand how some features of the (IIRC) New EW that has these running corrections which I had never seen so prolifically in counts ...
- Ian Copsey replied Sep 20, 2014
skyhok Just to clarify, are you saying that you're allowed to use traditional EW, New EW and NeoWave but want to ban HEW?
- Ian Copsey replied Sep 19, 2014
There's a few more I've learned as I've used it. I'm in the process of writing book 3 - just getting in touch with the publisher now. I'm adding these (few) additional tips to the book. If you've ever seen my first book "Integrated Technical ...
- Ian Copsey replied Sep 19, 2014
Not impossible but given the comments about how Wave v can be stubby best be aware. The 1.2775 target is the 38.2% projection in Wave -v-, the 41.4% at 1.2757. The 1.2708 being the 50% However, ever since the 1.3993 high the natural target has been ...
- Ian Copsey replied Sep 19, 2014
No, that's something I've found out over the years I have been using HEW. I hate those stubby Wave v's... Most are around 50% or more. The U.S. Indices love mini Wave v's...
- Ian Copsey replied Sep 19, 2014
No, you haven't measured. It is three wave - but not the way you think. And what does an initial 3-wave move risk?
- Ian Copsey replied Sep 19, 2014
Not in HEW. An expanded flat will only extend around 38.2% of the first correction - at most 41.4% in EUR... In less liquid currencies & equities I'd allow for 50% - but no more. Hence your "guessing" on the a / b in the Wave -iv-. In HEW you have ...
- Ian Copsey replied Sep 19, 2014
Currently 4-hour & hourly momentum are bearish which does not provide a safe entry. We'll have to see how it progresses. Daily momentum has begun to develop a small bullish divergence but I wouldn't trust it unless hourly & 4-hour also develop ...
- Ian Copsey replied Sep 19, 2014
It has a range and will need to be judged when Wave -c- develops. However, broadly the 1.2744-75 area is my favoured target... However a deeper one is around 1.2708.
- Ian Copsey replied Sep 19, 2014
This is the count I have been following for some while, not one I have just "invented" Trade set up - not ready yet ... Soon...
- Ian Copsey replied Sep 19, 2014
skyhok Take this with a pinch of salt but I took your EURUSD decline and below shows how HEW handled it. The 1.3332 low was the end of the first 5-wave decline - so Wave (a) and the Wave (b) a paltry 14.6%. From there please see the Wave (c) ...
- Ian Copsey replied Sep 18, 2014
Good comments AE! It does help to understand the fine details of HEW to get a stronger understanding of the even small moves that can ruin a count or imply an alternative. Having done this for 4 years now I find this invaluable.
- Ian Copsey replied Sep 18, 2014
Infinitus There is a HEW thread. At present there's a guy doing the FTSE and DAX. Unfortunately I don't follow them at all. However, do feel free to pop your head around the door! However, I agree, since I first came on here I've found the analysis ...