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Neowave and Glenn Neely

  • #41
  • Feb 13, 2008 10:37am Feb 13, 2008 10:37am
Quoting BDtrading
I can't find any instructional material on Neely River Theory....
You have to pay for it for $5900.

But he does give some free trial on river theory but only on tradestation platform.
  • #42
  • Edited 11:08am Feb 13, 2008 10:38am | Edited 11:08am
Quoting BDtrading
Your english is perfectly fine Yep, I understand what you're saying.

Have you read any other books on Wave Theory that you might recommend?
I have read Matering Elliot Wave (Neowave) by Glenn Neely and it is very difficult and very technical and probably not necessary to understand Elliot. I am not an expert and I am not sure there really is an all in one expert, RN himself said in his letters to Collins, that only those people who were personally trained by him were qualified. RN's Boigraphy is facinating reading. Elliot was the coolest account/spy/Government Negotiator/ Restaurant consultant/market analyst I have ever heard of.

In regards to a book. the best book I have ever read for understanding Elliot is
"Applying Elliot Wave Theory Profitably" by Stven Poser

This book covers everything and is great at explaining for someone who is not a EW theorist.

Another great book for the bio and all of Elliots letters and essays is
"RN Elliots Masterworks the difinitive collection" It is acutally 5 books in one in Elliott's own hand. and arrange by Prechter, Jr
  • #43
  • Feb 13, 2008 10:43am Feb 13, 2008 10:43am
Quoting smjones
I have read NeoWave by Glenn Neely and it is very difficult and very technical and probably not necessary to understand Elliot. I am not an expert and I am not sure there really is an all in one expert, RN himself said in his letters to Collins, that only those people who were personally trained by him were qualified. RN's Boigraphy is facinating reading. Elliot was the coolest account/spy/consultant/analyst I have ever heard of.

In regards to a book. the best book I have ever read for understanding Elliot is
"Applying Elliot Wave Theory Profitably" by Stven Poser

This book covers everything and is great at explaining for someone who is not a EW theorist.

Another great book for the bio and all of Elliots letters and essays is
"RN Elliots Masterworks the difinitive collection" It is acutally 5 books in one in Elliott's one hand. and arrange by Prechter, Jr
Thank you very much!
  • #44
  • Feb 13, 2008 10:49am Feb 13, 2008 10:49am
Okay this thread can die now for another year until someone else buys the book and does an inquiry here.
It would be nice if someone who completely and confidently understood neowave would keep the thread alive and share imput with the rest of us so we can all learn, so far it seems nobody fits this description and we are all confused, some more than others.
Just Trade It
  • #45
  • Feb 13, 2008 10:53am Feb 13, 2008 10:53am
Quoting Big Wave Rider
Okay this thread can die now for another year until someone else buys the book and does an inquiry here.
It would be nice if someone who completely and confidently understood neowave would keep the thread alive and share imput with the rest of us so we can all learn, so far it seems nobody fits this description and we are all confused, some more than others.
Haha... I'll be back soon.

.... Hopefully.

smjones - you wouldn't happen to have an ebook copy of "Applying Elliott Wave Theory Profitably" so that I can have a look through it??
  • #46
  • Feb 13, 2008 10:56am Feb 13, 2008 10:56am
Quoting BDtrading
Haha... I'll be back soon.

.... Hopefully.

smjones - you wouldn't happen to have an ebook copy of "Applying Elliott Wave Theory Profitably" so that I can have a look through it??
You aren't really asking me to bootleg a copy are you? LOL I bought mine from Amazon
  • #47
  • Feb 13, 2008 10:58am Feb 13, 2008 10:58am
Quoting smjones
You aren't really asking me to bootleg a copy are you? LOL I bought mine from Amazon
haha... nooo, of course not, I wouldn't do that.... it's merely to 'preview' the book, prior to purchasing it
  • #48
  • Feb 13, 2008 11:12am Feb 13, 2008 11:12am
Quoting BDtrading
haha... nooo, of course not, I wouldn't do that.... it's merely to 'preview' the book, prior to purchasing it
Some preview on googlebook.

http://books.google.com/books?hl=en&...TyHaA4#PPP1,M1
  • #49
  • Feb 13, 2008 12:56pm Feb 13, 2008 12:56pm
Is there a book called Neely made simple? or Neowave for dummys?
They say the best way to learn it is to teach it, so maybe I should teach Neowave, Let me study for one year and then I will teach it, or find it overly complex (already there) and then give up on it like smjones

No disrespect smjones I completely understand your discussion to donate the book to charity as I may do the same after one year.
Just Trade It
  • #50
  • Feb 13, 2008 1:02pm Feb 13, 2008 1:02pm
Quoting Big Wave Rider
Is there a book called Neely made simple? or Neowave for dummys?
They say the best way to learn it is to teach it, so maybe I should teach Neowave, Let me study for one year and then I will teach it, or find it overly complex (already there) and then give up on it like smjones

No disrespect smjones I completely understand your discussion to donate the book to charity as I may do the same after one year.
Funny stuff, Where did I say I gave up on it? I use the concept, I just know from personal experience that Elliott theorists are nearly insane with anger when others do not agree with them, so I keep that info to myself. If you where to look thru this thread carefully, you would see that there was a core of us that worked in a group thru Yahoo messanger on this for quite some time..

Edit: oops, I see in my post 21 I said I gave up. I in actuality did not... I just stop posting on it... I see where you got that idea,, that is my fault.
  • #51
  • Feb 13, 2008 1:35pm Feb 13, 2008 1:35pm
Quoting smjones
Elliott theorists are nearly insane with anger when others do not agree with them,
:surprised NO!!! Say it ain't so! I don't believe you.

Just look at all the love that is shared between Market Waves and Learntocount.

I actually have this book in front of me and I am playing with the indicator and some fib tools to see if something is there. Balflear posted earlier that the indicator may have a bug in it and that the 1hr is the most reliable. So far I have found he is right, and there is something funny when you put your fibs on certain monowaves that are directional in a 45 angle. This requires further testing and study. I still cant count neowaves, there is just too many of them. Once I understand chapter three (maybe I should skip it) it might get better.
Just Trade It
  • #52
  • Feb 13, 2008 3:09pm Feb 13, 2008 3:09pm
If anyone is taking anything Marketwavez posts up seriously...is stupid. Plain and simple. Learntocount actually has some Elliott Wave ability.


That being said, I'm a NeoWave follower :-D
  • #53
  • Feb 14, 2008 10:25am Feb 14, 2008 10:25am
So out all some odd thousand members in F.F there are only 5 neowavers, and out of 5 only 1 can comprehend at least 10% of it. Brilliant, more reason to study it. I would really like to learn it, I just don't want to pay $6,000 for the lessons so I guess I'm on my own here.
Just Trade It
  • #54
  • Feb 14, 2008 10:34am Feb 14, 2008 10:34am
Quoting s3padrian
If anyone is taking anything Marketwavez posts up seriously...is stupid. Plain and simple. Learntocount actually has some Elliott Wave ability.


That being said, I'm a NeoWave follower :-D
U may incant the demon, and he will return and spam this thread with 4000 posts defending himself

  • #55
  • Feb 14, 2008 11:26am Feb 14, 2008 11:26am
Quoting Big Wave Rider
So out all some odd thousand members in F.F there are only 5 neowavers, and out of 5 only 1 can comprehend at least 10% of it. Brilliant, more reason to study it. I would really like to learn it, I just don't want to pay $6,000 for the lessons so I guess I'm on my own here.
I will join you later after finish perfecting my system . But on the other hand, i think i will learn to code mql first to develop a proper neowave chart.
  • #56
  • Feb 14, 2008 3:26pm Feb 14, 2008 3:26pm
Quoting Big Wave Rider
So out all some odd thousand members in F.F there are only 5 neowavers, and out of 5 only 1 can comprehend at least 10% of it. Brilliant, more reason to study it. I would really like to learn it, I just don't want to pay $6,000 for the lessons so I guess I'm on my own here.

I don't understand what's so hard about it. You guys are making it harder than it is. I agree it is more comprehensive then contemporary Elliott Wave, but I've taken Physics and Calculus courses that were harder than NEoWave.


:-/
  • #57
  • Feb 15, 2008 12:46am Feb 15, 2008 12:46am
Quoting s3padrian
I don't understand what's so hard about it. You guys are making it harder than it is. I agree it is more comprehensive then contemporary Elliott Wave, but I've taken Physics and Calculus courses that were harder than NEoWave.


:-/
Show me your neowave chart please

I dont think that neowave are hard, but in order to properly apply the chapter 3 rules, I need the neowave chart. Unless I skip through and start at chapter 4 or do the neowave chart on excel.

Ive already saw 1 of your chart at el grande thread. Is that the chart? All I saw was bar/candlestick chart with wave count.(not the neowave chart)

Or do you skip chapter 3 (the monowave part) and only used chapter 4 onwards? Tell me how you do it please.
  • #58
  • Feb 15, 2008 1:46am Feb 15, 2008 1:46am
How do you guys interpret the rules for confirming m3, m2, m0, m(-1), m(-2)....

Is the requirement that a monowave must break a previous high/low on either the first or second attempt?? If this is the case, then I'm constantly getting 7 wave monowaves, which I find quite odd.

What are the guidelines???
  • #59
  • Feb 15, 2008 1:53am Feb 15, 2008 1:53am
Quoting BDtrading
How do you guys interpret the rules for confirming m3, m2, m0, m(-1), m(-2)....

Is the requirement that a monowave must break a previous high/low on either the first or second attempt?? If this is the case, then I'm constantly getting 7 wave monowaves, which I find quite odd.

What are the guidelines???

I am spending a week up in my chalet in the Alps, I am bringing the book to study in between snowboarding and drinking, I think the whole week could be spent on chapter 3 alone.
Just Trade It
  • #60
  • Feb 15, 2008 1:58am Feb 15, 2008 1:58am
Quoting Big Wave Rider
I am spending a week up in my chalet in the Alps, I am bringing the book to study in between snowboarding and drinking, I think the whole week could be spent on chapter 3 alone.
I don't CH3 is too difficult. I just find it ironic that he claims his method to be the most definitive scientic and objective illustration of EW when he claims in CH2 that a monowave is created by a change of direction, and then in CH3 doesn't clearly define how or why he ends his monowaves outside of m0 and m2.

Are you struggling with this as well?
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