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Elliott Wave Trading by Ayax 2,099 replies
Elliott wave trading 94 replies
elliott wave trading channel 22 replies
Group Trading based on Elliott wave and Harmonics 0 replies
Elliotters..Elliott Wave Trading 9 replies
Disliked{quote} Nikkei is a tough index for putting a wave count on. Likely weekly scenario - {image} It's probably a retracement (correction) of last two months rapid advance, while corrections usually come in three waves a-b-c. Hard to tell how deep wave moves, but the correction eventually retraces towards 20700s. {image}Ignored
Disliked{quote} Can you do an update but on a lower time frame please, on NIKKEI, I am short once again and want a different perspective to take a decision, once more, please? {image}Ignored
DislikedI have a question in which I hope somebody can be kind enough to give an opinion on. Do you think the A-B base mentioned by Elliot in his book Nature's Law is relevant to the Elliot Wave theory? Why do you think Mr. Prechter disregarded this rule?Ignored
Disliked{quote} Because Prechter thinks this pattern is bogus. "According to Robert Prechter and A. J. Frost “Elliott invented this pattern during a period in which he was trying to force the pattern… Indeed it is clear that if such a pattern, if it existed, would have the effect of flatly invalidating the Wave Principle. The authors (Precheter & Frost) have never seen an “A-B base”, and have every reason to believe that it cannot exist. " {image}Ignored