Elliott Wave Trading

IMHO Robert Miner is the best EW teacher and so I believe his software is the best as well. As he has stated other EW programs have to make some assumptions in order to label waves as they happen.

With Dynamic Trader you have to work and understand wave counts etc in order to really succeed understanding that all softwares have limitation. Success can't be bought. Time and effort and knowledge are the keys.

Regarding Miner, I only know his book, Dynamic Trading, which I think it is the best out there. Dont know Dynamic Trader software so I really dont know what to say about it.

But MTPredictor, after finding by chance an article on the Internet about MTPredictor and then browsing their forum, I was pleasently surprised by the simple and sound way they use it to analyze Elliot Wave, which was a lot like mine . They use it in isolation, looking for clear zig-zag ABC retracements, not caring about the overall count. The overall count is the job of the experience EW-er, but is not a requirement. Still I dont have the software, the Real Time version is something like ~$2.500, really expensive if you ask me. But you can easily grasp the basic concept looking at their articles & forum. All in all I believe MTPredictor shouldnt be discounted and deserves to have a look.

Cheers!

Suntrader im not sure how you mean what is the point of miners software if it dont help you count ?


soso yes they only use specific setups they dont force to fins and count the whole wave series, but still they only have a hit rate 40 procent that they are right. They are going + because when they are right often they have setups with risk / reward 1 /3 or higher.


best regards

Maybe something like this now on EU?

I assume this is where trader's experience comes into play, to raise the hit rate.

I agree Magictrader and said so here an hour ago:

http://www.forexfactory.com/showpost...ostcount=78849

I'm hoping it gets back up towards the daily pivot at 1.3600 for a short and small stop loss above the pivot.

Your trendline and the 38.2 level looks good too though!

Here are a couple ones I am looking at: eurgbp, eurusd, nzdusd, usdcad.

EUR/USD 1H Chart

Where I can get a paid EW analysis service?
I have no time for trading so i donot need this service on intraday charts
At least 4 hour charts and above..

Hi All,

My AUDUSD Chart..

Audusd hourly

BB-I have a different count than you on USDJPY. Was the low of 93.54 not the end of e of 4, and now we are in wave 5 up. I count 3 waves up so far and now in wave 4, with another potential triangle before the last leg up of 5 of 5.

EU_1H Chart

AUD/USD 1H Chart

GBP/USD 1H Chart

Hi Swiftpip,

Your chart looks great, it made me to rethink abt my count.

Thanks for posting alternate view.

NzdUsd hourly chart..

Didn't post Kiwi chart very long, here it goes now.

Here is the alternate view for cable.

That is pro stuff, ZhouYun. I would not have thought that we could have a truncation in 3rd wave, but I guess that is possible? Prechter seems to propose that only 5th waves can have truncation, at least that is how I understood it from his book? But the 3rd subwave was exceptionally long, so I maybe that is ok?

The problem with my current count is that I am still in the middle of 3rd wave, and as the top (should be close to 1.4) is getting nearer I need something to finish the 3rd wave. So the truncation nicely fixes that and wave 5 fits quite well in there.

R

how s my counting？