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Elliott Wave Trading

  • #9,121
  • Edited 3:56am Apr 19, 2022 2:46am | Edited 3:56am
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If wave counts of different time-frames (preferably whole track) are accounted for, the present wave count is self-evident and there's no need for an alternative.

What I mean is:
Instead of wasting time making up alternative wave counts that contradict and confuse one's train of thoughts, start counting waves from the longest possible time-frame charts, and arrive at the present one which will become self-evident.
Elliott Wave for optimum entry, exit and risk management of trades
  • #9,122
  • Apr 19, 2022 3:07pm Apr 19, 2022 3:07pm
ALL USD/JPY data available. Thought you Elliottitions might appreciate the entire picture. If you don't already have it.

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Don't compare your trades to others. Most often the masses are the asses
  • #9,123
  • Apr 19, 2022 9:37pm Apr 19, 2022 9:37pm
Trying to understand the rule chapter so if anything important cant be missed as this chapter is so hard to understand without drawings explaining the monowaves concept in Glenn Nelly book Mastering Elliot Wave Theory

Any idea how I draw or come to a conclusion of the pattern he talks about in the first paragraph of the rules chapter

Thats just small part of rule no1 and there are 7 rules - guess why this book considered complicated

Have a look
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I Have Learned to Take Some Losses to Make Profits
  • #9,124
  • Apr 20, 2022 6:59am Apr 20, 2022 6:59am
Quoting TheScorpS
Trying to understand the rule chapter so if anything important cant be missed as this chapter is so hard to understand without drawings explaining the monowaves concept in Glenn Nelly book Mastering Elliot Wave Theory Any idea how I draw or come to a conclusion of the pattern he talks about in the first paragraph of the rules chapter Thats just small part of rule no1 and there are 7 rules - guess why this book considered complicated Have a look {image}
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Author's warning about reading this section of the book. MEW 3-33

My understanding is to read the later chapters before coming back to Chapters 1-3
Elliott Wave for optimum entry, exit and risk management of trades
  • #9,125
  • Apr 20, 2022 7:13am Apr 20, 2022 7:13am
Quoting skyhok
{quote} {image} Author's warning about reading this section of the book. MEW 3-33 My understanding is to read the later chapters before coming back to Chapters 1-3
Thx - will skim through this chapter and later comes back to it - as the previous chapter is ok but the explanation of the rules a bit complicated
I Have Learned to Take Some Losses to Make Profits
  • #9,126
  • Sep 22, 2022 8:04pm Sep 22, 2022 8:04pm
POSTMASTER
  • #9,127
  • Nov 15, 2022 6:03am Nov 15, 2022 6:03am
this thread is great.
  • #9,128
  • Edited 8:48am Dec 31, 2022 5:35am | Edited 8:48am
the price already tested wave C yesterday, if it breaks through this level, I will exit the short position.
because it also means that it has broken through the trend channel.
with this strategy, I can minimize the loss when entering. because I only have to focus on one level, it either bounces back or it doesn't.

gbp/chf.
H1.

my plan for next week.
  • #9,129
  • Dec 31, 2022 7:08am Dec 31, 2022 7:08am
Any one using Advancedget IEOD version ? I have EOD version but it didn't show 1hr Chart.
  • #9,130
  • Dec 31, 2022 10:57am Dec 31, 2022 10:57am
Quoting TheScorpS
Trying to understand the rule chapter so if anything important cant be missed as this chapter is so hard to understand without drawings explaining the monowaves concept in Glenn Nelly book Mastering Elliot Wave Theory Any idea how I draw or come to a conclusion of the pattern he talks about in the first paragraph of the rules chapter Thats just small part of rule no1 and there are 7 rules - guess why this book considered complicated Have a look {image}

This indicator should help you
Inserted Video

The owner has also version for metatrader.
It's too complicated and time consuming to do it by hand.
  • #9,131
  • Jan 2, 2023 1:30pm Jan 2, 2023 1:30pm
AUD/CAD.

SELL.
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  • #9,132
  • Jan 2, 2023 2:00pm Jan 2, 2023 2:00pm
GBP/AUD-H1.
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  • #9,133
  • Jan 3, 2023 2:45am Jan 3, 2023 2:45am
before.and after.
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  • #9,134
  • Jan 3, 2023 2:57am Jan 3, 2023 2:57am
before.and after.
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  • #9,135
  • Jan 3, 2023 5:06am Jan 3, 2023 5:06am
buy zone begins.
H4.
eur/jpy.
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  • #9,136
  • Mar 28, 2023 6:50am Mar 28, 2023 6:50am
This is Elliott Wave thread but Tiborf71 posting Harmonic pattern
  • #9,137
  • Aug 20, 2023 11:00pm Aug 20, 2023 11:00pm
hi, those who inspired me, do you still use elliott wave?
Blue bottle, FXoffshore, s.ZhouYun.h, soso, pkimnyc
  • #9,138
  • Aug 20, 2023 11:47pm Aug 20, 2023 11:47pm
This is a 1D gold chart, correct me if i'm wrong. I am new to elliott.
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  • #9,139
  • Aug 25, 2023 2:21am Aug 25, 2023 2:21am
GU H4 Long
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  • #9,140
  • Aug 27, 2023 10:59pm Aug 27, 2023 10:59pm
Quoting Belerick
GU H4 Dài {hình ảnh
after wave 1 - 5 then next corrective wave abc. I think it would be like this. I'm just a newbie.
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