My Elliott Wave book

I have just posted the GBP/USD Benchmark using the New Elliott Wave Rule

GBP/USD Benchmark


It's showing all data back to 1978.

Combining this with the New Rule is a solid foundation.

I trust you'll enjoy it.

Cheers,
Cyclon

Hi, I have read your book, yet to be honest i am a little skeptical.
alot of your counts seems to be overlapping, with the ever complicated wave 4 overlapping with terminal of wave one.

what is your take on that?

I would still like to understand your theory on EW, as well as alot of people on the forum who use EW and wish there are more specific ways that can hone up their EW count. it would be great if you can post your EW counts using your new rule, and time will then tell all : )

The ebook states that there are indeed 2 ways to handle the information.
It can be checked and verified or completely ignored.

It is a self validating rule and does not need me to defend or prove.
To discover whether wave 4 overlaps wave 1 terminal some of the
time is quite easy to do. Same thing for the new rule itself.

It takes either research into history OR time out into the future.

Pretend I am hit by a bus tomorrow. Will you ignore the discovery?

The thing is with a rule - it applies to every wave cycle without fail.
While wave 4 possibly overlapping wave 1 is not a rule, the new rule
led to proving it does exist which had been "banned".

Many have already told me since I put this out that they knew better
about wave 4 from their own experience but felt that THEY were
wrong because the experts said so.

Believe me when I tell you that I came to let you know about this but
am not here to do some parlor tricks. What in the world would cause you
to be skeptical? I gave the information away for free. The rule is there out
in the open. The charts don't require my special sauce. They can be
checked by anyone that wants to learn it.

It has been out for just about 8 weeks and a little over 2000 downloads
were done so I think it will eventually take over as the method for
counting waves. It should because it is what the waves do. If nobody
uses it that is ok with me - I have used it for 4 years.

Now for example, the prevailing idea is that the GBP/USD will break
1.35 - it will but it will break 1.70 before that happens - time will tell.

Let me just say, the lid is off the jar - you are free to jump out now.
It really is that freeing not to wonder what you will get.

BTW...

The Benchmark Count of 30 years is already posted and the implications
(because of the New Elliott Wave Rule) spreads out before a position such
as we are in right now very clearly for anyone with basic EW skills.

We are coming up on key turns soon.



Cheers,
Cyclon

I don't doubt your good intentions to help people, and when i say skeptical, i meant that your rule is vastly different from traditional elliott wave concepts and I don't mean offense.

One way or the other I will be verifying the rules meticulously.

also

"Pretend I am hit by a bus tomorrow. Will you ignore the discovery?" WHAT?! why would i think you get hit by a bus? lol i have no idea what you meant by this, just felt compelled to put this in here because its ... something.

LOL - ok I didn't like that idea either.

I knew you were still going to look over the rules.

For instance here is a small series of posts on my Twitter page,
http://twitter.com/NewElliottWRule


So there is no chart there but the calls are pretty timely.

I want to call attention to this important info but I have a lot going on
as well. It is easier to post a tweet than a chart so I guess I am a bit
lazy sometimes.

I am still trying to recover from the 2-1/2 days it took to label 30 years
of Cable - LOL.

Cheers,
Cyclon

Get the Latest S&P500 New Elliott Wave Rule Wave Count

There are specific and important differences in counting that you need to
know about. The S&P500 and most every other global market is in a
correction of massive scale. This is where it is crucial to know about the
New Rule and thereby know how to correctly count the waves.

The way that the waves form in this area will mislead the Elliott
technician who does not have this new information. You will see the
dramatically different outlook from traditional counts right away.

The best thing is that this New Rule is available to you at no charge and
you can learn a better, more accurate and definitive way to perform the
count. This is because this is what the waves have always done – and
you now know how to match up to it.

The latest count is posted here:
Latest S & P 500 Count

Cheers,
Cyclon

Can I download the next book after the latest? Somehow I'm very sure that the new wave counting is only 99.99% accurate and it will suddenly stop working after this new correction of masive scale. I need to be prepared for the correction of the correction because I don't like being mislead by the traditional approach which is for suckers.

The water (method) is fine - c'mon in.

No I don't intend to rewrite this. In fact the recent 'surprise' topping of
the market was shown on the latest count charts since the opening of
the forum right when I published the book.

The correction never happened according to the way the perma-bear
camp said. According to the traditional approach folks we were supposedly
in a wave 2 and yet we just made a new top.

Now when this new top is done they will be looking correct for a while but
it is not the wave or even the degree which they think and without the
New Rule they won't recognize it until too late. At this degree though
it will still be a few years.

When you are talking about pivots that are either Cycle or Supercycle it
may be good to know which one. That is what accounts for some major
blown counts by the perma-bears since the Eighties not their lack of skill
or the accuracy of waves themselves. Heck I learned from their book.

I think they'll eventually learn from mine.



Cheers,
Cyclon