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Elliott Wave Trading

  • #3,681
  • Nov 27, 2009 10:13pm Nov 27, 2009 10:13pm
to Blue bottle

props for keeping the thread up this long .

I am a new student of Fx, and is in the stage of wondering whether or not to learn EW well to the degree to actually implement it as the cornerstone of my trading.


Many people actually dislike EW because it work great only in hindsight, and make the argument that when you are in a wave you never know until its done, then you go "ahh haaa" while kicking yourself in the head.

what do you think? what can one do to identify the start of a new wave?

Also can you post some wave counts on the higher time frames like H4 or daily ?
thanks
  • #3,682
  • Nov 28, 2009 1:17am Nov 28, 2009 1:17am
Quoting halfstep
to Blue bottle

props for keeping the thread up this long .

I am a new student of Fx, and is in the stage of wondering whether or not to learn EW well to the degree to actually implement it as the cornerstone of my trading.


Many people actually dislike EW because it work great only in hindsight, and make the argument that when you are in a wave you never know until its done, then you go "ahh haaa" while kicking yourself in the head.

what do you think? what can one do to identify the start of a new wave?

Also can...
Bro have a look my vid

Inserted Video


that is Easy to make you Clarify

pouce every Moment and read again and again..

And read the Ewp ..

and then read Dynamic trader .. But Remove 1st and 2nd Chapter..

start From 3rd.. becoz those are just Nor for me 1st and 2nd Chapter.

And then read Gann Chart Anlaysis $5k Bucks
DRAGON-TECHNICAL ANALYSIS!
  • #3,683
  • Nov 28, 2009 1:28am Nov 28, 2009 1:28am
Quoting vincy balboa
Bro have a look my vid

http://www.youtube.com/watch?v=i4jiKIEcs_E

that is Easy to make you Clarify

pouce every Moment and read again and again..

And read the Ewp ..

and then read Dynamic trader .. But Remove 1st and 2nd Chapter..

start From 3rd.. becoz those are just Nor for me 1st and 2nd Chapter.

And then read Gann Chart Anlaysis $5k Bucks
here is my chat vid
Inserted Video
DRAGON-TECHNICAL ANALYSIS!
  • #3,684
  • Nov 28, 2009 1:43am Nov 28, 2009 1:43am
Quoting vincy balboa
McDonald MCD


I see a flat Correction A 1.618 C ..

W = 3.618 Z..

Attachment


any Comments Blue bottle..?

cheer vincy
..................
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1sa.JPG Size: 41 KB
Click to Enlarge Name: untitledgs.PNG Size: 18 KB
DRAGON-TECHNICAL ANALYSIS!
  • #3,685
  • Nov 28, 2009 2:05am Nov 28, 2009 2:05am
expd, X , Tg Double
expd, X , Zz double

expd, X ,zz ,Xx , Z triple
Dt

Expd Tg.. not going to be now..

Impulsive
Trlg
Double
http://i46.tinypic.com/w6ytr8.png

http://i50.tinypic.com/118o96d.png

FEW DAYS LATER

http://i48.tinypic.com/4hzhc4.jpg


NOW 28

http://i46.tinypic.com/9hs400.png
DRAGON-TECHNICAL ANALYSIS!
  • #3,686
  • Nov 28, 2009 5:33am Nov 28, 2009 5:33am
USDCHF weekly chart looks interesting...
Attached Image (click to enlarge)
Click to Enlarge Name: usdchf.gif Size: 33 KB
  • #3,687
  • Edited 6:59am Nov 28, 2009 6:29am | Edited 6:59am
EU H1, maybe something like this...

EDIT:

or this could be Running Flat (http://www.elliott-wave-theory.com/Image90.gif) and blue 1/a could be and of green C...

What do you think about this ?
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h1.gif Size: 32 KB
  • #3,688
  • Nov 28, 2009 11:35am Nov 28, 2009 11:35am
Here's my take on EURUSD. Looks to me like we are slated for a big move down. If not right here then very soon.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd_11-28-2009.jpg Size: 60 KB
  • #3,689
  • Nov 28, 2009 11:49am Nov 28, 2009 11:49am
Dow Jones also looks very interesting:
- 50% of down trend move,
- A=C,
- lower and lower volume on new highs.
Attached Image (click to enlarge)
Click to Enlarge Name: djia.gif Size: 13 KB
  • #3,690
  • Nov 28, 2009 12:28pm Nov 28, 2009 12:28pm
Quoting ewt_guy
Here's my take on EURUSD. Looks to me like we are slated for a big move down. If not right here then very soon.
This count looks ok, but between 4 and 5 wave there are 3 sub waves. And now is the question is this 5th wave but consisting of three not fave waves, or is it something different .
  • #3,691
  • Edited 2:40am Nov 29, 2009 1:19am | Edited 2:40am
Quoting ewt_guy
Here's my take on EURUSD. Looks to me like we are slated for a big move down. If not right here then very soon.
similar to mine. though great confusion still among traders about eurusd I think the great 5th wave logically ended and big A wave down have started.but as still in confusion remains there may be lots of astray movement may happen , just to have one strong reversal pattern to develop ,a H&S( existing apparently) or even a double top to confirm.
when taking big wave C 1.5155 ( reached very near to it ) shoulld be probable end ( wave 1=wave 5) . the last wave up from one subwave 4 was am impuse though made confusion if ended first ) and price back to the level nearer the impulse initiated.Another chance that the last impulse up was mere a wave1 & now after finishing the wave 2 it to go much up to finish actual wave 5, in that case 1.56 to 1.6 can reach .we should wait till a confirmation pa pa action before a trade .
fontu
Attached Images
Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #3,692
  • Edited 1:44am Nov 29, 2009 1:30am | Edited 1:44am
Quoting magictrader
EU H1, maybe something like this...

EDIT:

or this could be Running Flat (http://www.elliott-wave-theory.com/Image90.gif) and blue 1/a could be and of green C...

What do you think about this ?
en

On in your Blue C you shown 3 corrective ..

and also in Down a C 3 corrective ..

those come in 5 IM

Attached Image


if you want to make it Right in my way so it seem like this
Attached Image (click to enlarge)
Click to Enlarge Name: gsgg.PNG Size: 30 KB



not 3

what you are using ?
DRAGON-TECHNICAL ANALYSIS!
  • #3,693
  • Nov 29, 2009 3:55am Nov 29, 2009 3:55am
Quoting vincy balboa
en

On in your Blue C you shown 3 corrective ..

and also in Down a C 3 corrective ..

those come in 5 IM

Attachment

if you want to make it Right in my way so it seem like this
Attachment


not 3

what you are using ?
Thanks, blue abc is just sceptic version if this could be a part of some larger correction with 3-3-3-3... moves.

The common area for running correction and for irregular correction could be around 1,4730 because in running correction usually wave C=A and if it's irregular correction then price will just pass it through. But for me this is the highest probability area.
Of course watch out for the top .
Attached Image (click to enlarge)
Click to Enlarge Name: eu_h1.gif Size: 33 KB
  • #3,694
  • Nov 29, 2009 4:51am Nov 29, 2009 4:51am
Quoting magictrader
Thanks, blue abc is just sceptic version if this could be a part of some larger correction with 3-3-3-3... moves.

The common area for running correction and for irregular correction could be around 1,4730 because in running correction usually wave C=A and if it's irregular correction then price will just pass it through. But for me this is the highest probability area.
Of course watch out for the top .
have a look http://forexforums.dailyfx.com/ellio...tml#post390242
DRAGON-TECHNICAL ANALYSIS!
  • #3,695
  • Nov 29, 2009 5:20am Nov 29, 2009 5:20am
HI Guys! My EU CHART
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-11-29 EU_DAILY.jpg Size: 124 KB
you have to be out to be in
  • #3,696
  • Nov 29, 2009 5:22am Nov 29, 2009 5:22am
USD/CHF_WEEKLY EW chart
Attached Image (click to enlarge)
Click to Enlarge Name: 2009-11-29 uchf_weekly.jpg Size: 140 KB
you have to be out to be in
  • #3,697
  • Nov 29, 2009 8:16am Nov 29, 2009 8:16am
thanks for the replies guys, but I do want to play the devil's advocate one last step further.

One of EW's most authoritative figureis Robert Pretcher. Isn't he also the guy who missed the entire tech bubble using EW?
  • #3,698
  • Nov 29, 2009 1:18pm Nov 29, 2009 1:18pm
Quoting vincy balboa
if you want to make it Right in my way so it seem like this
Attachment
61,8 hit...
Attached Image (click to enlarge)
Click to Enlarge Name: eu_m30.PNG Size: 34 KB
  • #3,699
  • Nov 29, 2009 5:52pm Nov 29, 2009 5:52pm
Quoting halfstep
to Blue bottle

props for keeping the thread up this long .

I am a new student of Fx, and is in the stage of wondering whether or not to learn EW well to the degree to actually implement it as the cornerstone of my trading.


Many people actually dislike EW because it work great only in hindsight, and make the argument that when you are in a wave you never know until its done, then you go "ahh haaa" while kicking yourself in the head.

what do you think? what can one do to identify the start of a new wave?

Also can you...
Thats not really an argument is it? I mean, everything works well in hindsight.

EW is simple and there are setups that you can make a great r/r probability with very good certainty.
I have found no other method or system or theory that can do that so precise.
It is no crystal ball and you are going to lose trades, but overall, with the right money management you should be able to win more than you lose.

Good luck!
  • #3,700
  • Nov 29, 2009 6:09pm Nov 29, 2009 6:09pm
Quoting halfstep
to Blue bottle

props for keeping the thread up this long .

I am a new student of Fx, and is in the stage of wondering whether or not to learn EW well to the degree to actually implement it as the cornerstone of my trading.


Many people actually dislike EW because it work great only in hindsight, and make the argument that when you are in a wave you never know until its done, then you go "ahh haaa" while kicking yourself in the head.

what do you think? what can one do to identify the start of a new wave?

Also can you post...
if others are in a wave that needs to be completed to be recognize then why don't they take the next wave cycle?
sure, i've heard about ew being subjuctive and bla bla bla....
also have seen other indi users have subjective pov as well. lol
long long short short long short and so on.
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