Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

hi my Good man Dwhiteviper

Yes It is Okay

But compare to wave 2 The 4 wave were not Be the same as many time as well The Trend Line Is not Going to Be Touching From 0,2 to 4 .. The Trend Line Mush be change From 2 with a new direction Might Be Possible, and basically If you Read the DYNAMIC TRADER BY ROBERT C MINOR , so he Written in his book on 3.22 , about Important s of wave 4.if i am not wrong My good man

hi My good man jefftrader


Possible End to wave 3...

Which tf you are talking about!!!

and If i am not wrong I Also shown the My Neo wave Count , Let I re-wide.
And soon i will post the Elliot wave count

Hello My Good man


Good u were trying the elliot wave My good man

but My good man Ryanband there were Lot of Change U made Ur elliot wave my good man , Let me explain u very Honest wave

Your Elliot wave Count is INCORRECT why ,


l Wave 1 must be an Impulse or a Leading Diagonal.
l Wave 2 may be any corrective pattern except a Triangle.
l No part of Wave 2 can more than retrace Wave 1.
l Wave 2 must retrace Wave 1 by a minimum of 20%.
l The maximum time for Wave 2 is nine times Wave 1.
l Wave 3 must be an Impulse.
l Wave 3 must be longer than Wave 2 in gross distance by price.
l The gross price movement of Wave 2 must be greater than either Wave 2 of Wave 1 or Wave 4 of
Wave 1. The gross price movement of Wave 2 must also be greater than either Wave 2 of Wave 3
or Wave 4 of Wave 3. Wave 2 must also be greater than 61.8% of the gross movement of each of
the above 4 sub-Waves.
l Wave 3 and Wave 1 cannot both have 5th Wave failures. (A Failure is an impulsive Wave where
Wave 5 is shorter than Wave 4 by price.)
l Wave 3 cannot be less than 1/3 of Wave 1 by price.
l Wave 3 cannot be more than 7 times Wave 1 by price.
l Although there is no minimum time constraint for Wave 3, its absolute maximum time limit is 7
times Wave 1.
l Wave 4 can be any corrective pattern.
l Waves 1, 2 and 4 cannot overlap except by 15% of Wave 2 with leveraged securities, and then
only for a maximum of less than two days.
l The gross price movement of Wave 4 must be greater than either the gross movement of Wave 2
of 3 or Wave 4 of 3. The gross price movement of Wave 4 must also be greater than either the
gross movement of Wave 2 of 5 or Wave 4 of 5. The gross movement by price of Wave 4 must
also be greater than 61.8% of the gross movement of each of these four subwaves.
l The gross movement by price of Wave 4 must be greater than 1/3 of the gross movement of Wave
2 by both price and percentage movement.
l The gross movement by price for Wave 4 must be less than three times the gross movement of
Wave 2 by both price and percentage movement.
l Wave 3 and Wave 4 cannot both be failures. (A Failure is an impulsive Wave where Wave 5 is
shorter than Wave 4 by price.)
l Although Wave 4 has no minimum time constraint, the maximum time for Wave 4 is twice the
time taken by Wave 3.
l Wave 5 must be an Impulse or an Ending Diagonal. However, if Wave 5 is longer than Wave 3 by
price, then Wave 5 must be an Impulse.
l Wave 5 must move by price more than 70% of Wave 4. (This is not gross movement. Only
consider the end points of both Waves.)
l Wave 3 must never be shorter than both Wave 1 and 5, by either price distance or percentage price
movement.
l If Wave 5 is truncated, or contains an Impulse that is truncated, then neither Wave 3 nor Wave 4
can contain a subwave that is truncated. (A truncated pattern is where Wave 5 is shorter than Wave
4. This is also known as a failure.)
l The maximum movement of Wave 5 is six times Wave 3 in both price and time.
l Wave 5 has no minimum time constraint.



so basically Try This IMPULSIVE WITH A RHYTHM ON IT

here you go My Good man STEROIDMAN



http://www.forexfactory.com/showpost...postcount=1020

AND HERE IS GOLD LONG TERM VIEW

Disclosure-- My crappy counting
My wave counting may based more on Williams momentum (it's more like counting for dummies) then Elliott - I always start my count with 1,2,3 - as both A waves and C waves will start as such. If I'm not sure of wave count I go back to bed...

Weekly-- We Are in Wave 5

Daily - Wave 5 of 3 has ended - We are in Wave 4

4Hr - We are either in wave 3 or 4 of a possible 5 wave -which will end as A 1.54-1.5706 ish (I believe 3 has ended- still waiting oscillator confirmation)

Rule of Alteration Says this Wave 4 should be more 3-3-3-3-3
--Thus far my crappy 1,2,3,4,5 counts have been valid --And it's a good thing otherwise I'd run out of toes as they aren't labeled a,b,c,d,e,x,y,w,z,a,b,c,d,e,f

Time wise we have a few days to hit the 38.2% yet (1.5442) -

Based on this- The low of Wave 4 would be 1.5195- 1.5220 the area that has proved to be a major S/R line for the past 21 Days

Thanks Vincy! I have a lot to learn when it comes to Elliot wave. Every little bit helps.

Here's how I start...

As you can see My 1,2,3,4,5 count is incorrect-- So relabeled with the "rules" -- HOwever the results will be the same...

Trendlines go between peaks of 1 and 3 and 2 and 4.

Because this is a corrective wave -- we should start by looking for an A B C -- all A's start with either 3 or 5 waves. B waves will be 3 waves

Wave 3 and 5 End with Spikes in Volume

Wave 5 will also end breaking the trendline... (or in this case our wav5 is really C. As you can see I inserted my own Volume for this demonstration...

nice clear .. easy to understand charts jefftrader.. helps us newbies to learn.. thanks very much!!

NP


Vincy-- I apologize I didn't mean to hijack your thread.

on gu daily wave 4 could be finished . if the support at 1.52 is broken to the downside wave 5 will be in process

Rich content！ Slowly and enjoy！

Not exactly the scenerio I was planning on...Expensive lesson... Anyway I was thinking you are correct --the same or possibly still in Wave 3...

BUT

One thing that has troubled me... Rule of Alteration---Daily Wave 2 was A,B,C (10/13 to 11/16) So we should have more of a 5-3-3-3-3 wave

Still haven't hit the magic 38.2% So I'm going to throw this up...

GBPUSD Perhaps this‘ possibility

Hey Vincy, any change to your US CAD chart based on the free fall that just occured?

KEEP IT UP MY GOOD MAN

LIKE A R.N ELLIOT HAD SAID IN HIS BOOK Called , NATURAL LAW

every Thing is Divided in the nature , Why the 5 wave cycle is Important becoz also in Earth we do live there where 5 Thing , FIRE, WATER, LAND , AIR, etc..



GOD BLESS MY FRIEND

My good man Jefftrader

I think that your chart wave count isn't a TRIANGLE , If i am not wrong this is a DIAGONAL TRIANGLE, So following the true Rule There should be Ending Triangle I think This is 3, Subdivision Format Expect LEADING Triangle To 5

I would be Love If you Show you chart Into WHITE COLOR BACK GROUND , It is Hard to View Your chart Becoz You are Using Normal Black Side Into Green Bar

GOD BLESS MY GOOD MAN

Hi My Good man Jefftrader

No no no U didn't HIJACK The Thrend , It is Just Simply Yours Thread And I am just a Little Part of It the Very Good Reason is just YOU MY GOOD MAN JEFFTRADER , I would love to More conversation

hi My good man Nawafasad ,

Great place on elliot wave , and For Your chart count in Gu there which also 3 < iii , < v Truncated that is Good , the of 4 to 5 is going to be Extended wave