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Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #1,641
  • May 24, 2010 9:10am May 24, 2010 9:10am
Can people write what they know about time from their readings and experience.......

I think Symmetry and Fibs go hand in hand......

W1 to W2 equals wave 3 (If this is not a rule How does it shift)

What about Wave 5 in time =? (My result is 2.618 of peak W1 to peak W3)

Something happens at 1.618 (Can't determine rule if it is W3 ending Wb or even Wave 5)

Are there Rules or is this an ART Also........I sometimes get the Elliott pattern broken down to almost perfect cycles (harmonicity)

Lesson of the post use both cyles and fib time expansion.....and use cycles split into fib numbers over elliott pattern.....ie. make 1 elliott pattern complete split into 5 or 8 equal cyles so on......as you play with it it will.....look perfect and the market willl react to it......

Now you don't have to wait for the move it will come to you.........It helps my Convinction of the position I am taking.........

I am trying to improve this method so If you can share good readings or experience it would be great...
  • #1,642
  • May 24, 2010 9:59am May 24, 2010 9:59am
Quoting grandpost
Can people write what they know about time from their readings and experience.......

I think Symmetry and Fibs go hand in hand......

W1 to W2 equals wave 3 (If this is not a rule How does it shift)

What about Wave 5 in time =? (My result is 2.618 of peak W1 to peak W3)

Something happens at 1.618 (Can't determine rule if it is W3 ending Wb or even Wave 5)

Are there Rules or is this an ART Also........I sometimes get the Elliott pattern broken down to almost perfect cycles (harmonicity)

Lesson of the post use both cyles and fib time expansion.....and...
Very nice knowledge you are sharing here..Thanks..

I will have to go thru few pages to learn what your method is...

Great stuff.
Markets are not Random, they are designed!
  • #1,643
  • May 24, 2010 10:05am May 24, 2010 10:05am
Quoting Raza
Very nice knowledge you are sharing here..Thanks..

I will have to go thru few pages to learn what your method is...

Great stuff.

I see people here and I feel they are itching to post there chart .....Do it .....but add what you know ABOUT TIME.....

We can all build up on what we each have read.......I feel working together will benefit us all.......And Improvement is What I need ( I wont say we because of the egos here)
  • #1,644
  • May 24, 2010 10:40am May 24, 2010 10:40am
Now I have to make sure this is what always happens........Is W1 time characteristics the same as W3...probably not....but probably the same as W5

I figured out a b and c wave times and relationships...

Now I need to know if there or what is the relationship between pattern waves and time waves.........awesome...........I love talking to myself.....I would have never started a trading journal and I think that's what I am using this for .........

I remember something about the split of equal cycles into fib numbers........what else.........I like jeffs Percentages.......should check neely.....time test.....more time needed to be a better trader......
  • #1,645
  • May 24, 2010 10:46am May 24, 2010 10:46am
may be it ll go up now to make wave c of wave4
Attached Image (click to enlarge)
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  • #1,646
  • May 24, 2010 10:47am May 24, 2010 10:47am
1153451132010.05.19 16:28sell0.20usdchf1.153971.163781.144342010.05.21 02:351.150550.000.00-1.4859.451153453822010.05.18 23:40buy0.20audusd0.860490.845110.870212010.05.19 01:410.863350.000.001.5857.201159363382010.05.20 03:40buy1.00gbpusd1.439410.000001.449122010.05.20 04:221.440060.000.000.0065.001159428332010.05.20 04:22buy0.50gbpusd1.440580.000001.450372010.05.24 00:381.446420.000.00-0.65292.001164875812010.05.21 02:39sell0.50eurusd1.250770.000001.246112010.05.24 03:081.248850.000.00-0.3096.001164878872010.05.21 02:40buy0.50gbpusd1.435780.000001.440452010.05.21 06:081.440450.000.000.00233.501170152272010.05.24 01:00sell0.10eurusd1.253371.255751.243452010.05.24 10:151.243450.000.000.0099.201170268982010.05.24 02:10sell stop0.10eurusd1.248700.000000.000002010.05.24 03:041.24935cancelled1170402542010.05.24 03:08sell0.10eurusd1.248751.255631.243942010.05.24 10:091.243940.000.000.0048.10 0.000.00-12.274 024.22Closed P/L:4 011.95Open Trades:TicketOpen TimeTypeSizeItemPriceS / LT / P PriceCommissionTaxesSwapProfit1172802662010.05.24 17:15buy1.00eurusd1.238180.000001.27378 1.239470.000.000.00129.00 0.000.000.00129.00 Floating P/L:129.00Working Orders:TicketOpen TimeTypeSizeItemPriceS / LT / PMarket Price No transactions Summary:Deposit/Withdrawal:0.00Credit Facility:0.00 Closed Trade P/L:4 011.95Floating P/L:129.00Margin:247.64Balance:12 889.86Equity:13 018.86Free Margin:12 774.22
  • #1,647
  • May 24, 2010 11:04am May 24, 2010 11:04am
I always learn something new from this post......


Quoting vincy balboa
The market does not always reverse where we want it to! The pivot point is Point Zero.
FIBONACCI
W.1 triangles are never allowed as lesser degree waves within a larger degree W.3.
New W.1 of the same degree should overbalance the immediately prior corrective pattern in price range but not necessarily in time.


TIME
[font=Arial][color=black][u][b]Impulse...
  • #1,648
  • May 24, 2010 11:10am May 24, 2010 11:10am
Here's a pic of EU and a recent count I was watching...

Time for wav3 ended in 1/2 the time it should have- so not a 3.
Peak of oscillator not with peak in price not a wav3. (ended w/ divergence)

When time for wav4 was more than 1.62 the peak of wav1 to wav3-The after time collapse price dropped into price area of wav1--but the time cycle Ended first.

again not a wav 1 2 3 4 5 (Ew impulse) but rather a,b,c correction? Three waves up- three waves down- then 5 waves up for C???

On GU we had a different scenerio where wav3 appears to have ended two hours early price at 1.272 of wav1. However price stayed within wav2/3- not invalidating the count.

The 1hr oscillator is flag to me - that the last three waves up were a possible A ending advance and were are beginning a WavB- linger in the 1.4430- to 1.4475 region- then back down to the 1.4275 region)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eu_may24.1 .gif Size: 29 KB
Click to Enlarge Name: gu_may24.2 .gif Size: 30 KB
  • #1,649
  • May 24, 2010 11:23am May 24, 2010 11:23am
Can we build on this with charts

Quoting vincy balboa
WAVEPOINT
ZERO
CONDITIONS
FIBONACCI

W.1 triangles are never allowed as lesser degree waves within a larger degree W.3.
New W.1 of the same degree should overbalance the immediately prior corrective pattern in price range but not necessarily in time.
PRICE
[font=Arial][color=black]Use...
  • #1,650
  • May 24, 2010 11:25am May 24, 2010 11:25am
WAVEPOINT
ZERO
CONDITIONS
FIBONACCI

W.1 triangles are never allowed as lesser degree waves within a larger degree W.3.
New W.1 of the same degree should overbalance the immediately prior corrective pattern in price range but not necessarily in time.
PRICE
Use internal swings of lesser degree to project termination of W.1

TIME
Impulse W.1 usually overbalances in time the prior counter trend swing.
W.2
Triangles least likely in W.2 position and most likely in W.4.
W.2 most likely to be more than 50% in time of W.1. Wait for C wave completion. The first counterswing is likely just the A leg of an ABC pattern.

Must not penetrate Point Zero or suspected change in trend from Point Zero is probably wrong.
PRICE
> 50% < 78.6% W.1

TIME
> 50% W.1 minimum
> 62% < 162% of W.1 most likely
W.3
Look for termination conditons when W.3 exceeds 262% expansion of W.1 or 462% retracement of W.2
PRICE
W.3 162% - 262% of W.1
W.3 162% - 262% of W.2

TIME
W.3 almost always longer in time than W.1

W.3 often equal in time to complete W.0 through W.2 sequence.
W.4
If W.2 was an ABC then W.4 will probably be complex and vica versa. This is the priciple of alternation.

Look for minimum of three fractals in lower time frame and minimum price relationship of 62% to W.2

Price extreme often occurs before the termination of the W.4 pattern. In complex waves Time factors should be the primary consideration.

If Wave 4 has exceed >50% of Wave 3, the possibility of a 5thwave failure is increased.

The Oscillator will cross the zero line two times during W.4. First against the direction of W.3 and then in the direction of W.3 to signal that W.4 has fulfilled minimum requirements for completion.
PRICE
< 50% of W.3
W.4 38% W.3 common
W.4:W.3 < W.2:W1 on percentage basis
W.4 62% 100% 162% W.2
W.4 > 23.6% < 50% W.0 - W.3

TIME
W.4 most often related to W.3 or W.0 - W.3
Often longer in time than W.3 / W.0 - W.3
W.4 138% - 162% of Parallel Projection of ends of W.1 - W.3 measured from beginning of W.2
W.5
Look for termination when W.5 has completed at least five fractals in lower time frame and is in a coincidence of Price and Time.

If Wave 4 has exceed >50% of Wave 3, the possibility of a 5thwave failure is increased.
PRICE
W.5 = 62% 100% 162% W.1
If W.3 extended W.5= 62% or 38% of W. 0-3
W.5=127%, 162%, 200%, 262% W.4

TIME
W.5 > W.4 if W.4 is a simple ABC
W.5 < W.4 if W.4 is complex
W.A
Usually a five wave pattern but can be three.
PRICE
Between 38% - 50% of prior W.5

TIME
N/A
W.B
Usually a three wave pattern.
Wait for at least a 50% retracement of related W.A before entering a trade
PRICE
> 50% < 78.6% of W.A

TIME
> 50% < 100% of W.A time
W.C
Classically W.C is a five wave pattern.
If W.C. exceed 162% of W.A the labelling is probably wrong. The current pattern is probably impulsive.
PRICE
W.C. usually 62% 100% 162% of W.A

W.C 162% 200% 262% of W.B

W.C. rarely > 262% W.B

TIME
Use Time guidelines for complete A-B-C corrective pattern
  • #1,651
  • May 24, 2010 11:33am May 24, 2010 11:33am
Quoting Jefftrader
Here's a pic of EU and a recent count I was watching...

Time for wav3 ended in 1/2 the time it should have- so not a 3.
Peak of oscillator not with peak in price not a wav3. (ended w/ divergence)

again not a wav 1 2 3 4 5 (Ew impulse) but rather a,b,c correction? Three waves up- three waves down- then 5 waves up for C???

The 1hr oscillator is flag to me - that the last three waves up were a possible A ending advance and were are beginning a WavB- linger in the 1.4430- to 1.4475 region- then back down to the 1.4275 region)

your w 4 is my w 1 ....abc correction complete and resuming main trend down....why because w1 measure will take us back to the beginning of correction....you said it yourself no harmonicity.....

So it's interesting trying to pick up time on the abc pattern....but I think it relates to it's previous pattern it corrects.....so bound to bigger boundaries ....

Now the time for abc off of itself is interesting and I will try and take a crack at it......

please look at vincys posts and the parts I underlined and try to refer or correct them as a coding of the different currencies you are trading.....
  • #1,652
  • May 24, 2010 11:39am May 24, 2010 11:39am
this is my count on gbp . so i m looking for it to go up to 1.47 - 1.49 and a short there to take wave 5 with sloss above 1.5 and if anyone wont go long they should wait to go short as i think there s more corrections to come
Attached Image (click to enlarge)
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  • #1,653
  • May 24, 2010 12:26pm May 24, 2010 12:26pm
Master Time Factor
Attached File(s)
File Type: doc Master Time Factor.doc   717 KB | 5,789 downloads
  • #1,654
  • May 24, 2010 9:45pm May 24, 2010 9:45pm
Quoting grandpost
Master Time Factor
Any chance you have a screen shot of Appendix IV?

The description is pretty good- I just need a visual to confirm.
  • #1,655
  • Edited 10:19pm May 24, 2010 10:08pm | Edited 10:19pm
Quoting nawafasad1
may be it ll go up now to make wave c of wave4
Jeff The way E/U going today...it seems it will retrace the Whole Move...First stop at1.2240...Then the last Hope is 1.2160 -63...Ultimate 1.2135....( ABC ...fIB 361.8%)

VINCY WHATS THE VIEW ON U/CAD??...
Markets are not Random, they are designed!
  • #1,656
  • May 24, 2010 11:02pm May 24, 2010 11:02pm
Quoting Raza
Jeff The way E/U going today...it seems it will retrace the Whole Move...First stop at1.2240...Then the last Hope is 1.2160 -63...Ultimate 1.2135....( ABC ...fIB 361.8%)

VINCY WHATS THE VIEW ON U/CAD??...
UC is on the BULL, But the last of Ultimated this is My Past Post

http://twitpic.com/z7l0p


That C , can make a new wave of (W) , Flat? , Expd? or zz? any thing
DRAGON-TECHNICAL ANALYSIS!
  • #1,657
  • May 24, 2010 11:09pm May 24, 2010 11:09pm
Quoting grandpost
Can people write what they know about time from their readings and experience.......

I think Symmetry and Fibs go hand in hand......

W1 to W2 equals wave 3...
The Thing is You were confused

do not worry it happened To Me also it is Normal Thing,

If you wanna To a Full Time Forex Trader So just Do So worry and control Your Emotion , In the End It going to be Perfect chance to Win.

lets tell you About Me.

I am Just Trade based on Many Fact And One as you know Elliot wave , But I Do Study, Graduating my self as well handling my Business, what Happened I can Control My Emotion Becoz I Have another Source Of Income. The Important Thing is If you are a Full Time Trade or Else Who Are, They Have to Think about There Monthly Income, Thats why We are doing Trading

No One here is perfect every Time Neither Me as well, I just Put My Self very Positive,

AND MY BRAIN IS JUST LIKE FREE HORSE , SO I JUST MAKE THEM RUN.

Just Take Care With Your MM

regds VINCY
DRAGON-TECHNICAL ANALYSIS!
  • #1,658
  • May 24, 2010 11:14pm May 24, 2010 11:14pm
Quoting grandpost
Can we build on this with charts
We Cannot Be Predict 100% every Time In Perfect Price as well NO BODY DOES. it Just On Certain a Area we can predict.

And So many People just Trade , and Put There SL on The Equilibrium Aria where We should Not Put our SL other Wise We Get Out .

So Think Then think what you thought, Then Why you thought that Then TRADE
DRAGON-TECHNICAL ANALYSIS!
  • #1,659
  • May 25, 2010 6:26am May 25, 2010 6:26am
GU update...

5 waves for C and End of 2...
Attached Image (click to enlarge)
Click to Enlarge Name: gu_may25.1 .gif Size: 26 KB
  • #1,660
  • May 25, 2010 9:27am May 25, 2010 9:27am
Vincy I am an Egyptian who graduated in LA.....I own my own private chain of hotels.......don't worry about me........I am doing this for fun......I like it

Quoting vincy balboa
The Thing is You were confused

do not worry it happened To Me also it is Normal Thing,

If you wanna To a Full Time Forex Trader So just Do So worry and control Your Emotion , In the End It going to be Perfect chance to Win.

lets tell you About Me.

I am Just Trade based on Many Fact And One as you know Elliot wave , But I Do Study, Graduating my self as well handling my Business, what Happened I can Control My Emotion Becoz I Have another Source Of Income. The Important Thing is If you are a Full Time Trade or Else Who Are, They...
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