Elliot Wave Analysis

Check this so-called Trend Vibration, measuring lows/lows, or highs/highs
It does not always get so accurate (I mean +/- 1 bar) .

Here´some videos from Miner explaining some of the DT features

Time bands:



Please understand I have no business partnership with Miner...I´m a student and client.
I share these cause I find them useful, trading is a lonely business

All the best

In a couple of days or so I will remove some of these posts, and go back to low key.

USDJPY weekly chart.
I drew that overlapping red box weeks ago.
Bang, right on the nose.
All these tools are availble, still, making money on them, is easier said than done!

Wonder if you guys studied: the newly revised Elliot Wave Theory Book (Author: Big Boys Algo ).
In EW terms, there´s a new wave count, called stop hunter count.
I read somewhere lately it costs them some 60 million to move the EURUSD a pip up or down.
Talk about deep pockets.

Check the EURUSD 15 minute chart today, stop runs are marked by a !.

I haven`t seen any example for a "stop hunter count".

That`s why i recommend to start with original Elliott Wave Theory rules.

Sixer

Edit:
The counting of corrective waves is very complicated for everyone.
Here is an example what can "happen" after a three-wave-pattern shown from the Eliott_Trader.

Thank you very much. Much gratitude and blessings .

I Agree with Sixer, the natural law always works perfect. old one is gold. nothing is changed, never ever believe the new fake trading methods.,, just paper pencil, manual counts works better than anything..

I want to repeat that the elliott wave count(s) has added "by hand" when using the DT platform.

Enclosed you will find how Miner "handles" it.

Sixer

That is excellent Sixer. But one cannot ignore the amount of stop hunting happening.
Except if one trades the bigger time frames, the smaller, the more dangerous. Obviously it costs the Big Boys much more to manipulate the market 100 pips .

Check this one, text book time target (time rythm zone overlapp with time bands) on the daly.
...text book ew bull swing on the 240, to reach that time target.

Did not get that one, but hit a nice EURUSD short, and an awsome NZDUSD short, which is still running.Sometimes you get lucky.

It took me over 10 years to get my thick head to do this properly! Read both Miner´s books, know them almost by heart...still I was not following rules till the beginning of the year. Before I was hardly breaking even. Mixing things up.

Now I have a written trading plan, I copy each trade/campaign on a powerpoint file with a date,and notes of each step, from reasons to take the trade, to each action I took along .
All notes are written on the charts saved, and the results and performance separately on an excel file.
Needless to say, the performance just shot up.
What I understood is that this whole added work, forces you to be disciplined...and protects, at least me, from my mind´s traps and excuses.
Mastering EW, or any other trading system for that matter, is , in my humble, not enough...This business needs the most professional approach, constant monitoring and improvement.
Reminds me of this one awesome Aussie trader, he trades the 1 minute cable chart, day in day out. He actually records live, and saves, every single trade!!
Just my 2 cents worth. Have a great day.

Check this USDCAD weekly chart. (entered long, 2 positions this morning).
The DTOSC oscillator fast line reached the OB zone.

Since the low in September 2017, every time the oscillator fast line reached the OB zone,it took the market minimum 2,5 to 7 weeks max. to turn down again.
IF (!), that rythm continues
THEN: the chances are USDCAD will continue climbing for at least another 2,5 weeks, which coincides with the beginning of the red square Time Bands.

EURUSD:

EWI Update - 480 min data

Sixer

The one thing not supporting that count is the weekly bullish momentum.
Daily DTOSC 8 made a bullish reversal, and DTOSC 13 has the fast line OS.
240 turned bullish, I am missing a divergence there though!
I will wait, here´s an alternative count, a bit messy, but it supports better the momentum read.
Time is in the middle of an ideal correction, but the ideal 100% price retracement of wc is way below.
There is definitely a potential for an (hour) long trade, for a couple of days, I don´t have the time though.
There is a momentum divergence on the H chart.
Anyway, I didn´t want to confuse your morning coffee, this looks like paralysis of analysis.
Have a great day.

Sorry, but your post #935 makes everybody (me) confused:

Did you trade the signals of the Weekly, Daily or any other time frame ??

Sixer

Edit:
Btw, my old eyes don`t like your black background but love such outlooks as the one from Jerry in the Planetary thread.

My View. Like a Expanding Flat. Today US dollar GDP....https://www.tradingview.com/x/ilonMQWi/

gima1,

the EURUSD pair is still correcting wave "A" (blue).

Show us the complete count for wave "B" and surprise us with a whith background.

Sixer

Sorry for the dark background.
I took a short campaign on the EURUSD Hour chart.
Monday till Wednesday, got stopped out first try, nice double profit on the second attempt.
Btw. Daily EURUSD is almost closing below 0,76 ret. and like Miner mentioned in his last report, that would void the bullish outlook!

She learnt from Miner, used to work for him decades ago, runs a comercial trading room.
No EW, no oscilators, but she´s sharp.

https://www.simplertrading.com/daily.../spx-03282019/