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Elliott Wave Trading

  • #4,201
  • Feb 14, 2010 5:34am Feb 14, 2010 5:34am
i am also looking for wave 5 and wave C
  • #4,202
  • Feb 14, 2010 5:40am Feb 14, 2010 5:40am
Quoting loopyno
i am also looking for wave 5 and wave C
hnmmm....chart pattern as entry and EW wave as Map....
yeah....i got yaa...then the arts comes with filtering breakout only...
we have same...absolutely same trading style...
1--- Im using Julius(T101) fading false breakout...sometimes with meter...
stock , commodity , bond , forex
  • #4,203
  • Feb 14, 2010 5:50am Feb 14, 2010 5:50am
Quoting azlan80
1--- Im using Julius(T101) fading false breakout...sometimes with meter...
i do not know what that is

i am using Chart Patterns, EW and Fibos because

 

  1. they are the most important leading techniques developed until today (there are also very few leading indicators/techniques out there)
  2. i have been developing indicators and EA's for about 4 years now and ... i am 99% sure that an algorithm can not replace the human mind, eye and cognitive thinking

now do not get me wrong ... i am not saying that what u use or do is wrong ... i am just saying that if you are one of those traders that CREATED HIS OWN SYSTEM THAT WORKS FOR HIM ..... CONGRATS

remember .... do not fix what ain't broken

Loopyno

  • #4,204
  • Feb 14, 2010 6:05am Feb 14, 2010 6:05am
ew + fibo + chartpattern...they all full set of system..and inter related..

what i mean is "tuning"....
from first monday....japan to london and us season they are some interruption..because of..news..."algoritma" that i have is smeling what is an impact of all relation within currenccy... look at ur data...last 4 hour bfore market close..people buying usd and gbp they selling jpy and chf..
.....
this was captured during last 4 hour..before...the market close..
this is what "volume" and "distribution" were dectated....
people seen changing jpy/chf to gbp/usd...just intraday data...

were talking about "tuning market breakout" when it qualified..?
if this scenario comes at momment we believe w1 ? w3? w5? wa? wc? maybe worth to "do" something with that signal...
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  • #4,205
  • Feb 14, 2010 6:10am Feb 14, 2010 6:10am
well ... very interesting approach
so you make this analysis only at market closure?
  • #4,206
  • Feb 14, 2010 6:14am Feb 14, 2010 6:14am
Do not trust me.
Just watch m1 chart and seek for patterns.
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  • #4,207
  • Feb 14, 2010 6:18am Feb 14, 2010 6:18am
well if u ask me ... that 1 looks more like and ABC patterns (i bet C is at the 61.8 fibo expansion level drawn from bottom of A to the the top of A and to B)

and 2 looks like a zigzag but zigzags can also be Wave 3 or Wave 5 that is why the big picture is important

Loopyno
  • #4,208
  • Feb 14, 2010 6:19am Feb 14, 2010 6:19am
Quoting loopyno
well ... very interesting approach
so you make this analysis only at market closure?
1. it can be use intraday...
2. Monthly , weekly and daily --- timing entry..
but mostly this trading style..helps us to gauge trend , volume, distribution..news impact..may even helps which currency mar seems to move..range ...market tuning...volatily...

Q:so you make this analysis only at market closure?
during active data feed, close market...it can be innovated..

Most of all its not from me...im just apply it...
It's from person ex-Petronas Carigali...Malaysian + Philiphine + Us citizen..
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  • #4,209
  • Feb 14, 2010 6:21am Feb 14, 2010 6:21am
Quoting azlan80
1. it can be use intraday...
2. Monthly , weekly and daily --- timing entry..
but mostly this trading style..helps us to gauge trend , volume, distribution..news impact..may even helps which currency mar seems to move..range ...market tuning...volatily...

Q:so you make this analysis only at market closure?
during active data feed, close market...it can be innovated..

Most of all its not from me...im just apply it...
It's from person ex-Petronas Carigali...Malaysian + Philiphine + Us citizen..
nice technique ... it covers a domain very few know to handle right now ... pure price action

Loopyno
  • #4,210
  • Feb 14, 2010 6:33am Feb 14, 2010 6:33am
Quoting 5ysfx
Do not trust me.
Just watch m1 chart and seek for patterns.
multi variation can be occured during active market such as news...but this my prediction..1.5500 round number as support level 1.5750 as resistance as resistance level....
mothly : candle a downtrend
weekly candle are single full body of upside .. this may indicate retracement mothly candle.
daily : still sit in range of round number support resistance..
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  • #4,211
  • Feb 14, 2010 6:42am Feb 14, 2010 6:42am
Quoting azlan80
multi variation can be occured during active market such as news...but this my prediction..1.5500 round number as support level 1.5750 as resistance as resistance level....
mothly : candle a downtrend
weekly candle are single full body of upside .. this may indicate retracement mothly candle.
daily : still sit in range of round number support resistance..
ur beliefs mean nothing to me..
watch VIX
Attached Image
  • #4,212
  • Feb 14, 2010 6:47am Feb 14, 2010 6:47am
Download this Report in PDF Format

Summary
Long term outlook: Up
Medium Term Outlook: Down
Short Term Outlook: Sideways to Up
Medium Term Revision Point: Break above 21.31
Potential Medium Term Target: 8.45 and lower

http://www.thetradingsolutions.com/w...510silver1.bmp


During the last week, we saw the price rise in a corrective formation, as we had expected in our last week’s report. However, the correction seems too short – in time and price – to be considered as a completed fourth wave correction. In our main image, we have, therefore, marked the February 12, ’10 high as a possible completion of wave a.4, rather than as a completed wave 4. With wave a.4 at or near its completion at the February 12, ’10 high, we would expect an intermediate downward ward move for wave b.4, before we embark upon the wave c.4 rally to possibly complete the correction.
  • #4,213
  • Feb 14, 2010 6:49am Feb 14, 2010 6:49am
Quoting 5ysfx
ur beliefs mean nothing to me..
watch VIX
When I said : multi variation ..means it can upside or downside..hahahhaha...at the momment im avoiding this pair...who care...HAHHAhhahahhaa
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  • #4,214
  • Feb 14, 2010 6:52am Feb 14, 2010 6:52am
Quoting 5ysfx
ur beliefs mean nothing to me..
watch VIX
Thats ok...
we still can ride...usdchf.....im waiting for right timing...for it...hahha
usdchf sit in range weekly chart and and and still in trend medium chart..
maybe this chances come during japan , london or us market on monday...
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  • #4,215
  • Feb 14, 2010 6:53am Feb 14, 2010 6:53am
yeah ... when u watch VIX everything becomes certain ...
  • #4,216
  • Feb 14, 2010 6:56am Feb 14, 2010 6:56am
Quoting azlan80
Thats ok...
we still can ride...usdchf.....im waiting for right timing...for it...hahha
usdchf sit in range weekly chart and and and still in trend medium chart..
maybe this chances come during japan , london or us market on monday...
better choice is eurchf and gbpchf

SNB gonna suprise u soon, all of u !
  • #4,217
  • Feb 14, 2010 7:06am Feb 14, 2010 7:06am
Quoting 5ysfx
better choice is eurchf and gbpchf

SNB gonna suprise u soon, all of u !

this is all the pair caught...it movig upside last friday...and some are still down trend at weekly..and some "tuning" change direction..
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  • #4,218
  • Feb 14, 2010 7:09am Feb 14, 2010 7:09am
dude why bother?
let it surprise u ... don't you like surprises?
  • #4,219
  • Feb 14, 2010 7:12am Feb 14, 2010 7:12am
Quoting loopyno
dude why bother?
let it surprise u ... don't you like surprises?
Today is chinese new year in Malaysia..i think all over the world..."a dynamite chain" suprise me...what a colourful...
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  • #4,220
  • Feb 14, 2010 7:13am Feb 14, 2010 7:13am
HAPPY NEW YEAR
what does the zodiac say about the new year? what kind of year is it .. rat ?
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