Attachments: Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

#5,001
May 9, 2011 5:47am May 9, 2011 5:47am

s.ZhouYun.h
| Joined Feb 2009 | Status: Trader | 346 Posts

EURUSD EW chart

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you have to be out to be in

#5,002
May 9, 2011 4:48pm May 9, 2011 4:48pm

zamah
| Joined Aug 2007 | Status: Trader | 161 Posts

Quoting vincy balboa

Disliked

Zhou Your EW chart?

xie xie

Ignored

Hi Vincy what your comment about Zhou EW? Is that same with your?

Gold is Money but Money is not Gold

#5,003
Edited May 10, 2011 2:12am May 9, 2011 10:34pm | Edited May 10, 2011 2:12am

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Vincy I have a problem with E/U bullish count NOW.....if below that previous low 1.4252 by 4 more pips..... its Bearish bigtime in my view..

Hope does not happen.....

4 pips below some may laugh.....but calculations tells me so...

There may be one push up left...doubt it will be higher than 1.4941....(if below last low)

No charts ATM .....

Markets are not Random, they are designed!

#5,004
May 9, 2011 11:23pm May 9, 2011 11:23pm

vincy balboa
Joined Aug 2009 | Status: THE GREAT LEGEND | 2,089 Posts

Quoting Raza

Disliked

Vincy I have a problem with E/U bullish count NOW.....if below that previous low 1.4252 by 4 more pips..... its Bearish bigtime in my view..

Hope does not happen.....

4 pips below some may laugh.....but calculations tells me so...

There may be one push up left...doubt it will be higher than 1.4941....

No charts ATM .....

Ignored

That happened My good man Raza,

Eu or ?

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DRAGON-TECHNICAL ANALYSIS!

#5,005
May 10, 2011 12:21am May 10, 2011 12:21am

Sixer
Joined Nov 2008 | Status: Trader | 1,757 Posts

Raza,

you are right – the weekly chart of the EURUSD shows that we are at a critical point for the bullish count:

http://imageshack.us/photo/my-images/217/eurusdw95.gif/

Actually, the trendline stills holds.

Sixer

#5,006
May 10, 2011 1:12am May 10, 2011 1:12am

infinitus
Joined Jun 2010 | Status: zero | 20,603 Posts

Quoting Raza

Disliked

Vincy I have a problem with E/U bullish count NOW.....if below that previous low 1.4252 by 4 more pips..... its Bearish bigtime in my view..

Hope does not happen.....

4 pips below some may laugh.....but calculations tells me so...

There may be one push up left...doubt it will be higher than 1.4941....

No charts ATM .....

Ignored

Hi Raza,

hope you are doing well :-)

The bullish count was in big trouble since a long time. I have stated several times (over and over again), that it is from utmost importance to take a look at sentiment data. Since weeks there are literally no USD bulls left. Since weeks we had only 5-10% of investors which were bullish for USD. Out of such a bad mood against the USD (or a full grown mania for EUR) you can not expect to see a long lasting rallye or a wave 3 advance in EURUSD.

With yesterday evenings data 5-day sentiment shows 18% USD bulls. That means, that despite of this latest nearly 700 pip drop in EURUSD most of the investors are outright bearish on USD. That data supports clearly the view, that the really huge drops in EURUSD are not behind but in front of us.

Best to you my friend,

Markus

#5,007
May 10, 2011 1:14am May 10, 2011 1:14am

Sixer
Joined Nov 2008 | Status: Trader | 1,757 Posts

Hello,

the Haines intraday outlook for the EURUSD if the low holds:

http://imageshack.us/photo/my-images/16/eweurusd95.gif/

He considers the downmove as a corrective pattern not as an impulse !

Sixer

#5,008
May 10, 2011 2:08am May 10, 2011 2:08am

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Vincy , here are mine.

Sixer where do you get these HAINES charts?

Infitius I am not biased ..Thanks for all your updates.

My bearish confirmation levelm was 1.4293-83 and its broken....lets see if E/U has us fooled again

My preferred chart still is Double Zig- zag. ( NEED 4 PIPS BELOW LAST LOW) to get rid of this thought.

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Markets are not Random, they are designed!

#5,009
May 10, 2011 2:08am May 10, 2011 2:08am

zamah
| Joined Aug 2007 | Status: Trader | 161 Posts

My GU wave

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Gold is Money but Money is not Gold

#5,010
May 10, 2011 4:27am May 10, 2011 4:27am

Sixer
Joined Nov 2008 | Status: Trader | 1,757 Posts

Raza,

for the Haines link see post #4948.

Sixer

#5,011
May 10, 2011 6:38am May 10, 2011 6:38am

longshot_nl
Joined Jan 2010 | Status: .... | 3,910 Posts

my silver chart.

but puzzled by it

edit: updated chart

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#5,012
May 10, 2011 8:47am May 10, 2011 8:47am

infinitus
Joined Jun 2010 | Status: zero | 20,603 Posts

Quoting Sixer

Disliked

Raza,

for the Haines link see post #4948.

Sixer

Ignored

Hi Sixer,

in my view they have not much reputation in Elliott Wave. I am one of their "beta-testers" (so to say) and one thing is obvious:

They change their counts more often and faster than anybody here can change their trousers. For example the count you have shown:

a few days ago it was pur bear, then it was one for bear, the other for bull, yesterday it was bull ahain and today at noon they came out with an bearish view again.

They count and count and count. Sometime it pays to look at their short, intermediate and long term view. Even there the counts are contradicting.

They seem to never use sentiment data. If they would, they could make their live easier and safe their face more often.

#5,013
May 10, 2011 9:18am May 10, 2011 9:18am

Sixer
Joined Nov 2008 | Status: Trader | 1,757 Posts

infinitius,

i consider the counts of Haines for the different time levels in that way:
He can present in his video presentations one count only, max. two. The most Elliott “counters” like you and me have a main count and several alternatives but they stick to the main one until “death” normally because nobody won`t believe that there is change to be realized.

So, i can live with such Haines “changes” because he shows me when i`m not correct. I doubt that it is necessary to consider sentiment data.

Sixer

#5,014
May 10, 2011 11:00am May 10, 2011 11:00am

infinitus
Joined Jun 2010 | Status: zero | 20,603 Posts

Quoting Sixer

Disliked

infinitius,

i consider the counts of Haines for the different time levels in that way:
He can present in his video presentations one count only, max. two. The most Elliott “counters” like you and me have a main count and several alternatives but they stick to the main one until “death” normally because nobody won`t believe that there is change to be realized.

So, i can live with such Haines “changes” because he shows me when i`m not correct. I doubt that it is necessary to consider sentiment data.

Sixer

Ignored

Hi Sixer,

Capital Management, the company Haines works for, offers on their Homepage short, intermediate and long term counts. It is clear, that a short term count can show bearishness when the intermediate count is bullish. No problem with that different counting in different TF's. That is the way EW works. But when the different TF's are counted in a way that they do not fit in each other is a different story.

I have a long term count, an intermediate term count and a short term count. And I have alternatives. The problem with Capital Management is, that they do not stick long enough with a count. I have seen it several times (very often) that they were initially say bullish, then in the evening bearish only to come back to their main count in the next days.

They have a huge problem with counting. One reason seems to be, that they do not count on smaller TF's than 1h. Often they label a wave on hourly as impulsive, when in reality the 15 or 10min TF clearly showed corrective behavior.

Another problem seems to be, that they place the wave numbers without further judgment of RSI or Awesome Oscillator etc. That leads very often to the problem, that they, for example, lable a "three", whereas the indicators clearly show that it can't be a "three".

But each to his own........

But to believe that they show you when you are wrong is the worst assumption you can make. Everyone here in this thread (that includes you my friend) is more often right than the guys from Capital Management.

Another point:

EW without sentiment data is like ice without sunshine, winter without snow, breathing without air.

The whole concept of EW is build around psychology, sentiment, fear, happiness, greed.

I would easier get rid the counting itself than not looking at sentiment data.

How have the "godfathers" of EW got the really long term counts? Where did they place the "five" or the C-wave of an correction? Which landmark events did they choose for trying to label the movements correct? If they would have done it without sentiment data they all were lost.......

#5,015
May 10, 2011 11:49am May 10, 2011 11:49am

mercy seat
Joined Mar 2010 | Status: Trader | 42,434 Posts

Quoting infinitus

Disliked

Hi Sixer,

Capital Management, the company Haines works for, offers on their Homepage short, intermediate and long term counts. It is clear, that a short term count can show bearishness when the intermediate count is bullish. No problem with that different counting in different TF's. That is the way EW works. But when the different TF's are counted in a way that they do not fit in each other is a different story.

I have a long term count, an intermediate term count and a short term count. And I have alternatives. The problem with Capital Management...

Ignored

Ahhh ... hier bisse momentan ....

Yes ... I often heard what you say about Elliott from Wieland Staud as well ...

Aber das kann mitunter sogar soweit gehen, dass der selbst noch in TICK CHARTS nach irgendwelchen COUNTS sucht ...

Das geht mir dann doch etwas zu weit !

2013-07-31 Today's Phrase of the Day: Hold off from any recycle bin experts

#5,016
May 10, 2011 3:32pm May 10, 2011 3:32pm

infinitus
Joined Jun 2010 | Status: zero | 20,603 Posts

Quoting mercy seat

Disliked

Ahhh ... hier bisse momentan ....

Yes ... I often heard what you say about Elliott from Wieland Staud as well ...

Aber das kann mitunter sogar soweit gehen, dass der selbst noch in TICK CHARTS nach irgendwelchen COUNTS sucht ...

Das geht mir dann doch etwas zu weit !

Ignored

Hi Mercy,

sometimes for scalping purpose I use 10, 20 or 30 sec chart, but not to get a complete count but more to look for structure. Oftentimes even on this small TF you can see impulses and corrections very clear :-)

Try it, it is fun

#5,017
May 10, 2011 6:03pm May 10, 2011 6:03pm

Raza
Joined Aug 2008 | Status: Money never sleeps | 5,878 Posts

Quoting Sixer

Disliked

Raza,

for the Haines link see post #4948.

Sixer

Ignored

Thanks Sixer!

Markets are not Random, they are designed!

#5,018
May 10, 2011 6:26pm May 10, 2011 6:26pm

infinitus
Joined Jun 2010 | Status: zero | 20,603 Posts

Quoting infinitus

Disliked

Hi Sixer,

Capital Management, the company Haines works for, offers on their Homepage short, intermediate and long term counts. It is clear, that a short term count can show bearishness when the intermediate count is bullish. No problem with that different counting in different TF's. That is the way EW works. But when the different TF's are counted in a way that they do not fit in each other is a different story.

I have a long term count, an intermediate term count and a short term count. And I have alternatives. The problem with Capital Management...

Ignored

LOL

Look at the count frm Capital Management now: now they switched back to their bullish ABC count. The reason for that? Only god knows. Since this morning nothing has happened to switch the count........

#5,019
May 10, 2011 7:26pm May 10, 2011 7:26pm