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Elliott Wave Trading

  • #4,961
  • Jan 9, 2011 8:57am Jan 9, 2011 8:57am
http://img1.loadtr.com/k-658383-ffff.gif
  • #4,962
  • Jan 11, 2011 2:06am Jan 11, 2011 2:06am
Quoting grandpost
I would like you to post a chart with your fixed cycles.....so I can compare and understand....

Someone else If I find the paper said all waves are 3's like you......

I personally see 5........I think the problem with most people who follow elliott method is they look outside in and not inside out again.....

You can only find wave 5 by time.......the peak of wave 1 to peak of wave 3 as one cycle will result peak wave 5 at 1.618 of cycle....

All gann squares, elliott, planets, are fib time related and each fib time measurement can be broken down...
Sorry I didn't respond earlier - had to update my monthly data...

Here's three:

http://i672.photobucket.com/albums/v...DJPYCycles.jpg
USDJPY monthly cycles

http://i672.photobucket.com/albums/v...DCHFCycles.jpg

USDCHF cycles

http://i672.photobucket.com/albums/v...PUSDCycles.jpg

Cable cycles

All seem to point to a major Dollar low next year (approx) before a hefty reversal higher... The Cable one actually suggests the Dollar rally should last through to 2017...
No I haven't got the wave structure wrong! I've corrected it!
  • #4,963
  • Jan 11, 2011 2:07am Jan 11, 2011 2:07am
[quote=Raza;4298532]
Quoting Ian Copsey

READ YOUR WEB LITERATURE IN DETAIL....

Amazing!! Great effort

I am going to try this way of counting and plotting Fibs..

Waiting to read your book..

Raza.
Glad you like the changes... It's still one heck of a challenge but much more logical in my eyes...
No I haven't got the wave structure wrong! I've corrected it!
  • #4,964
  • Jan 11, 2011 2:40am Jan 11, 2011 2:40am
eur jpy h4
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one secret in the forex. im belive.
  • #4,965
  • Jan 11, 2011 5:04am Jan 11, 2011 5:04am
[quote=Raza;4298532]
Quoting Ian Copsey

READ YOUR WEB LITERATURE IN DETAIL....

Amazing!! Great effort

I am going to try this way of counting and plotting Fibs..

Waiting to read your book..

Raza.
me too
  • #4,966
  • Jan 11, 2011 5:09am Jan 11, 2011 5:09am
Quoting Ian Copsey
Sorry I didn't respond earlier - had to update my monthly data...

Here's three:

http://i672.photobucket.com/albums/v...DJPYCycles.jpg
USDJPY monthly cycles

http://i672.photobucket.com/albums/v...DCHFCycles.jpg

USDCHF cycles

http://i672.photobucket.com/albums/v...PUSDCycles.jpg

Cable cycles

All seem to point to a major Dollar low next year (approx) before a hefty reversal higher... The Cable one actually suggests the Dollar rally should last through to 2017...
hi Ian.. u r just make the orthodox of EW as simple as well...u change and make a new perspective.. your idea and the counts..

also your cycles

1.2.1 ... 1.2.1.. i think I CAN READ MORE EASILY...

I like it
  • #4,967
  • Jan 11, 2011 9:10pm Jan 11, 2011 9:10pm
Great but now try following the rules of cycles.....there are three cycles in every cycle.........try a book forecasting financial cycles , ithink try 4shared.com or


Quoting smilemiz
hi Ian.. u r just make the orthodox of EW as simple as well...u change and make a new perspective.. your idea and the counts..

also your cycles

1.2.1 ... 1.2.1.. i think I CAN READ MORE EASILY...

I like it
  • #4,968
  • Edited 9:35pm Jan 11, 2011 9:19pm | Edited 9:35pm
Can you please also show EUR/USD and please show from bigger time frame to smaller time frame.....

Can you also explain what you are doing.

I studied cycles and they say 3 cycles in every cycle can you explain why you have 2

I do not understand how we will have a dollar low next year then a rally to 2017........because we are now trending to see a new GBP or EURO low.......

If what you are saying is DOLLAR will rally till 2017 I agree it is dollar up as a longterm trend

Please explain more I would like to pick up a piece of your mind.....

Let me add your vertical lines the last three is one cycle so maybe every three vertical lines.........

Quoting Ian Copsey
Sorry I didn't respond earlier - had to update my monthly data...

Here's three:

http://i672.photobucket.com/albums/v...DJPYCycles.jpg
USDJPY monthly cycles

http://i672.photobucket.com/albums/v...DCHFCycles.jpg

USDCHF cycles

http://i672.photobucket.com/albums/v...PUSDCycles.jpg

Cable cycles

All seem to point to a major Dollar low next year (approx) before a hefty reversal higher... The Cable one actually suggests the Dollar rally should last through to 2017...
  • #4,969
  • Jan 11, 2011 10:21pm Jan 11, 2011 10:21pm
Quoting grandpost
Can you please also show EUR/USD and please show from bigger time frame to smaller time frame.....

Can you also explain what you are doing.

I studied cycles and they say 3 cycles in every cycle can you explain why you have 2

I do not understand how we will have a dollar low next year then a rally to 2017........because we are now trending to see a new GBP or EURO low.......

If what you are saying is DOLLAR will rally till 2017 I agree it is dollar up as a longterm trend

Please explain more I would like to pick up a piece of your mind.....

Let...
The problem with EURUSD cycle is that the history is only back to 1999. Not only that EURUSD is quoted indirectly like GBPUSD but until 1999 the European currencies were quoted directly. Therefore there is no real reliable data to generate the cycles...

When I was taught cycles they were broken in to two. Basically primary cycles, half cycles and so on. The cyclic principles I was taught were summation (cycle energy can be added), synchronization (all cycle lows must match), harmonicity (that the span and energy of the next cycle higher is double) and proportionality (Cycle amplitude is related by 2.)

On GBPUSD all it means is that over the next 12 months we won't see it much higher - maybe it'll move in a triangle or make a minor new high. Then when the Dollar finds a low then it will rally against everything...
No I haven't got the wave structure wrong! I've corrected it!
  • #4,970
  • Jan 11, 2011 10:24pm Jan 11, 2011 10:24pm
Quoting smilemiz
hi Ian.. u r just make the orthodox of EW as simple as well...u change and make a new perspective.. your idea and the counts..

also your cycles

1.2.1 ... 1.2.1.. i think I CAN READ MORE EASILY...

I like it
ah! It's just a matter of adjustment of viewing a wave structure... Once you begin to see the wave relationships on repeated 3-wave structures you'll never want to switch back! I cannot look at price structural development in any other way now - certainly not the original structure which from most counts are totally unable to forecast...

No I haven't got the wave structure wrong! I've corrected it!
  • #4,971
  • Jan 11, 2011 11:25pm Jan 11, 2011 11:25pm
Hi Everyone,

I am still learning about Elliot Wave and I was wondering if anyone has done an analysis on the USDCAD? Thanks heaps in advance!
  • #4,972
  • Jan 11, 2011 11:32pm Jan 11, 2011 11:32pm
I see enough data once I look at elliott pattern of currency and relate it to overall economy. It is also sufficient for my time analysis method.

I still don't agree cycles are 3 everything else you said is correct.

Can you refer me to your past reading and can you still tell us what are you doing .......

Maybe if I see how you are thinking I will understand .....I am a quick learner....

Did you try and see how the last 3 vertical lines may create a cycle.....

Can you make a forecast based on this analysis and can you create a trading strategy withit........give it a try....

I know I want to with my method but I don't have enough energy taking care of my business and all.......

I think when I feel energized I will post my NOSTRADAMUS time analysis.....I just want to do a good one and it's hectic because I don't label my charts.....so lot's of concentration on several level fractals


Quoting Ian Copsey
The problem with EURUSD cycle is that the history is only back to 1999. Not only that EURUSD is quoted indirectly like GBPUSD but until 1999 the European currencies were quoted directly. Therefore there is no real reliable data to generate the cycles...

When I was taught cycles they were broken in to two. Basically primary cycles, half cycles and so on. The cyclic principles I was taught were summation (cycle energy can be added), synchronization (all cycle lows must match), harmonicity (that the span and energy of the next cycle higher is double)...
  • #4,973
  • Jan 11, 2011 11:33pm Jan 11, 2011 11:33pm
my forecast..nzdusd to upside..??
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stock , commodity , bond , forex
  • #4,974
  • Jan 12, 2011 12:04am Jan 12, 2011 12:04am
i got no correlation with those 3 pair?
so EW counting shut off? maybe next time?
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stock , commodity , bond , forex
  • #4,975
  • Jan 12, 2011 12:22am Jan 12, 2011 12:22am
those 3 pair meet the correlation?
what was the wave? heheh??
w2?w4?wb? ....because its subjective...slowly it reveal...
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stock , commodity , bond , forex
  • #4,976
  • Jan 12, 2011 12:34am Jan 12, 2011 12:34am
seems tricky right now..
im looking for bearish reversal...or consolidation right now?
still correlation not clear..
GU(up) uj(down) gj(up)
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stock , commodity , bond , forex
  • #4,977
  • Jan 12, 2011 2:07am Jan 12, 2011 2:07am
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one secret in the forex. im belive.
  • #4,978
  • Jan 12, 2011 2:19am Jan 12, 2011 2:19am
Quoting grandpost
I see enough data once I look at elliott pattern of currency and relate it to overall economy....
Walter Bressert:
http://www.amazon.com/power-oscillat.../dp/B0006DJO6C

I do admit I have seen 3's but not consistently, occasionally 3-2-3 etc... I work with the larger monthly cycles and then rely on HEW...
No I haven't got the wave structure wrong! I've corrected it!
  • #4,979
  • Jan 12, 2011 7:09am Jan 12, 2011 7:09am
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hi all
  • #4,980
  • Jan 12, 2011 9:39am Jan 12, 2011 9:39am
subjectivity remains.
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