Elliott Wave Trading

Someone asked for E/J wave count. E/J is trickier than E/U at this point so this is only a best guess. Enjoy!

USDollar : decomposition of an irregular flat A-B-C 3-3-5 correction (4), with expanding ending diagonal wave Cs of different degrees.

are there any EAs/indicators in existence to detect waves and test wave strategies? I have an idea using Elliot Wave and andrew's pitchfork that would find that useful

Hi. Hairball
How do you count GBPJPY?

Bearish move to 0.83 in EUR/GBP appears to be on the way. Looking for Wednesday's high to hold. Keep in mind that trader sentiment is currently a ridiculous 93% bullish in the Euro right now.

For G/J I have a long term e-wave story and a trade idea on the daily chart. Good luck!

Thanks, Hairball . your counts are one of the best that i have seen.
There is one question, on your monthly counts you have detected an E/D for wave 5 , but on your weekly chart you labeled a five wave decline from wave [2] to wave [3] which i think that is correct .would you please explain about that?

Regards.

AUDUSD M5
Complex correction (4) due to complete and expecting trend resumption on (5) for a medium-term advance.

GBPUSD H4

Examples of wave 4s alternate with 2s.
The logic:
1. If a wave 4 does not alternate with wave 2, most likely it is not a wave 4 or the wave 4 isn't complete.
2. Since wave 4 alternates with 2, the 1-3 & 2-4 channel lines are seldom (if never) parallel.

Setting up on retracement near 1.2850 for medium-term longs towards 1.3260

Hi!
I am very new to this side of the technical analysis as I base my analysis on different tools and emphasize on the price but I am really interested in the wave counting. Could u please help me understand Eliot waves? Thnx

CHFJPY

USDCAD

I think there is a mistake in your count. Wave III should not be the shortest

Better now ?