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paulselvan Mar 20, 2017 2:13pm | Post# 8101

Also nzd-usd has touched the swing high end zone. Nice too ! {image}
@aalperbk
Good to short also.

In NU H4 chart ,
Can you explain why after red wave (2) you've prefered to introduce black sub-waves 1 & 2
rather than to continue with same degree red waves (3) and (4) ?

aalperbk Mar 20, 2017 2:27pm | Post# 8102

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{quote} @aalperbk Good to short also. In NU H4 chart , Can you explain why after red wave (2) you've prefered to introduce black sub-waves 1 & 2 rather than to continue with same degree red waves (3) and (4) ?
Because for we can say that is wave (3) it has to be minimum fib exp 1.618 wave (1)-(2)(0.6851).As you can see wave has ended at 0.6887 and it was an impulse wave.So we have 2 options, 1st it is an (c) wave in a-b-c usual zigzag or it is a subwave 1.
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Jevan Mar 21, 2017 2:55am | Post# 8103

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Happy trading guys


cable still in corrective move I think
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paulselvan Mar 21, 2017 4:11am | Post# 8104

{quote} Because for we can say that is wave (3) it has to be minimum fib exp 1.618 wave (1)-(2)(0.6851).As you can see wave has ended at 0.6887 and it was an impulse wave.So we have 2 options, 1st it is an (c) wave in a-b-c usual zigzag or it is a subwave 1. {image}
tnx for sharing

aalperbk Mar 21, 2017 6:00am | Post# 8105

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EUR-USD H4 & ALTERVATIVE COUNT if goes up 1.0828
1.0828 is invalidation level because it is fib 50% of red 2-3 waves. As counting that is the end of wave red 4 and wave 4 cant be above the fib 50%.
So if goes up that means we are not in wave 4 and it is not a impulse wave.
In daily view changing too!
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aalperbk Mar 21, 2017 6:00am | Post# 8106

{quote} tnx for sharing
your welcome...

aalperbk Mar 21, 2017 6:08am | Post# 8107

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GBP-USD
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aalperbk Mar 21, 2017 6:26am | Post# 8108

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USD-CAD
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aalperbk Mar 21, 2017 6:28am | Post# 8109

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USD-CHF
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aalperbk Mar 21, 2017 6:32am | Post# 8110

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EUR-JPY
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aalperbk Mar 21, 2017 6:33am | Post# 8111

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GBP-JPY
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aalperbk Mar 21, 2017 6:55am | Post# 8112

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XAU-USD
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aalperbk Mar 21, 2017 6:55am | Post# 8113

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XAG-USD
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paulselvan Mar 21, 2017 4:34pm | Post# 8114

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hello aalperbk
On EU H4 chart,
Black (w) is divided by 3 red sub-waves (a),(b),(c)...

Why not to divide it by 5 sub-waves w,x,y,x, z ?

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aalperbk Mar 21, 2017 5:34pm | Post# 8115

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hello aalperbk On EU H4 chart, Black (w) is divided by 3 red sub-waves (a),(b),(c)... Why not to divide it by 5 sub-waves w,x,y,x, z ? {image}
hi Paul..

1st) Because of the last wave. It is an impulsive wave not a corrective. Only the (c) wave in a-b-c can have 5-3-5-3-5 structure.And it is a very important rule that wave c always has to be impulsive. Some times you can see wave c in ending diagonal formation (3-3-3-3-3) structure.(but it is also an impulsive wave).

2nd) wave (b) has touched the fib %50 of wave (a).For a-b-c wave b has to be min fib%50 of wave (a).
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infinitus Mar 22, 2017 3:57am | Post# 8116

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{quote} hi Paul.. 1st) Because of the last wave. It is an impulsive wave not a corrective. Only the (c) wave in a-b-c can have 5-3-5-3-5 structure.And it is a very important rule that wave c always has to be impulsive. Some times you can see wave c in ending diagonal formation (3-3-3-3-3) structure.(but it is also an impulsive wave). 2nd) wave (b) has touched the fib %50 of wave (a).For a-b-c wave b has to be min fib%50 of wave (a). {image}

where are this rules from? Inquiring minds want to know......

In the EWP from Frost and Prechter you can find this:

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And that are not rules at all. They are guidelines

In the work of Swannell you can also see, that wave B is often enough only around 20% of wave A. Most of the time roughly between 25 and 65%

infinitus Mar 22, 2017 4:06am | Post# 8117

{quote} where are this rules from? Inquiring minds want to know...... In the EWP from Frost and Prechter you can find this: {image} And that are not rules at all. They are guidelines In the work of Swannell you can also see, that wave B is often enough only around 20% of wave A. Most of the time roughly between 25 and 65%

I mean:

the magic word is typically......

aalperbk Mar 22, 2017 4:09am | Post# 8118

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USD-JPY
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infinitus Mar 22, 2017 4:11am | Post# 8119

{quote} hi Paul.. 1st) Because of the last wave. It is an impulsive wave not a corrective. Only the (c) wave in a-b-c can have 5-3-5-3-5 structure.And it is a very important rule that wave c always has to be impulsive. Some times you can see wave c in ending diagonal formation (3-3-3-3-3) structure.(but it is also an impulsive wave). 2nd) wave (b) has touched the fib %50 of wave (a).For a-b-c wave b has to be min fib%50 of wave (a). {image}

but beside of what I wrote above, I would have labelled the move the same way

aalperbk Mar 22, 2017 5:29am | Post# 8120

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{quote} where are this rules from? Inquiring minds want to know...... In the EWP from Frost and Prechter you can find this: {image} And that are not rules at all. They are guidelines In the work of Swannell you can also see, that wave B is often enough only around 20% of wave A. Most of the time roughly between 25 and 65%
hi infinitus ,
Man , I guess you have to understand firstly difference between how to use percent and fibonaacci ratios for calculation.Percent shows you a specific level in wave (a) for wave (a) but fibo ratios shows you a specific level in wave (a) for possibilities of wave (b). For calculation of percent of wave (a), your start point (I mean "0") is the start of wave (a) and your end point is (I mean "1") end of the wave (a).But for calculation of fibonacci ratios for wave (b) in wave (a) your start point (I mean "0") is the end of the wave (a) and your end point is (I mean "1") the start of wave (a).They are different things be careful....
There is written about percent calculation, I am talking about Fibonacci ratios...
As you can see in the graphic when I mean fib 0.618 for wave (b) in wave (a) is same with 0.382 percent of wave (a).
Because of this , for very many people is not clear difference between fib with fib exp and where are they using.
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