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Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #5,061
  • May 13, 2011 11:55am May 13, 2011 11:55am
Quoting Sixer
infinitius,

thanks for the info with regard to MM levels - it seems that you have to reconsider your count since the high at 1.4940 now.

Sixer
Hi Sixer,

I do not understand.


On the following chart you can see my long term count. The top marked the end of a wave B, now down in an C wave impulse........

Alternatively I have the same count as Prechter. That is the second chart:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: infinitus count 2011.jpg Size: 86 KB
Click to Enlarge Name: ewi count 2011.jpg Size: 72 KB
  • #5,062
  • May 13, 2011 12:12pm May 13, 2011 12:12pm
Quoting vincy balboa
My good Man Tsar,

Greeting of the Day,

You Try Well Keep it Up But Something you Do know

Pls Read 100 Pages of EWP again my good ,

coz I tell you what Happened in Your EW E/U chart


See Carefully your Magenta 4 BELOW of 2nd Wave ...............

that is Big No no no no in EW Impulsive wave Law.

and you can see your 4th wave Blue Below 1 .....



.....It Accepted With 50% in Some Case with 1 Wave to 4th Fibo.
I understood

And... I will learn more detail EW Rules later
Thank you so much for your Attention and Explanation, Bro.


Best Regards,
Tsar
Always looking the GREAT, never left GOOD Point...
  • #5,063
  • May 13, 2011 12:22pm May 13, 2011 12:22pm
Quoting infinitus
Hi Sixer,

I do not understand.


On the following chart you can see my long term count. The top marked the end of a wave B, now down in an C wave impulse........

Alternatively I have the same count as Prechter. That is the second chart:
Hi bro
U know i use basic Of EW and Happy with that but i have question
How long the correction wave B from A ? 50% OR 61.8%
  • #5,064
  • May 13, 2011 12:54pm May 13, 2011 12:54pm
Quoting egkid
Hi bro
U know i use basic Of EW and Happy with that but i have question
How long the correction wave B from A ? 50% OR 61.8%
Hi Egkid,

do you mean the last yellow A and B? That is around 75 or 76%.

Or in generally? If in generally, there is no exact rule.

In a regular zigzag between 38 and 79% typically

In a running triangle 10 to 40%

In a flat always at least 90%, usually 100 to 138%
  • #5,065
  • May 13, 2011 12:58pm May 13, 2011 12:58pm
Quoting infinitus
Hi Egkid,

do you mean the last yellow A and B? That is around 75 or 76%.

Or in generally? If in generally, there is no exact rule.

In a regular zigzag between 38 and 79% typically

In a running triangle 10 to 40%

In a flat always at least 90%, usually 100 to 138%
Which means this could be a B wave finishing on EU....C could move up again
  • #5,066
  • May 13, 2011 1:14pm May 13, 2011 1:14pm
Quoting needpips
Which means this could be a B wave finishing on EU....C could move up again
Either this or that (I think):
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 0513201 1h afternoon main count bearish eurusd.jpg Size: 91 KB
Click to Enlarge Name: 0513201 1h afternoon alternative count bearish eurusd.jpg Size: 73 KB
  • #5,067
  • May 13, 2011 1:21pm May 13, 2011 1:21pm
Quoting infinitus
Either this or that (I think):

yes...this or that....very very true...

for the record....which way u think?
  • #5,068
  • May 13, 2011 1:23pm May 13, 2011 1:23pm
Quoting infinitus
Hi Egkid,

do you mean the last yellow A and B? That is around 75 or 76%.

Or in generally? If in generally, there is no exact rule.

In a regular zigzag between 38 and 79% typically

In a running triangle 10 to 40%

In a flat always at least 90%, usually 100 to 138%
Thanks for info bro
  • #5,069
  • May 13, 2011 1:55pm May 13, 2011 1:55pm
Quoting infinitus
Either this or that (I think):
i favour the second one, pretty much what i had this morning with usdchf
Don't have an ego. Always question yourself and your ability.
  • #5,070
  • May 13, 2011 3:46pm May 13, 2011 3:46pm
Can someone count the EW on the Gold chart? I have mine like this. So I thought it would be interesting to see how EW would be.
Attached Image (click to enlarge)
Click to Enlarge Name: xaudaily.jpg Size: 143 KB
  • #5,071
  • May 13, 2011 3:57pm May 13, 2011 3:57pm
Quoting needpips
yes...this or that....very very true...

for the record....which way u think?
Oh, sorry, forgot the text LOL


Here we go:


Here are my main and my alternative count. For now I give my main count the higher probability, because the sharp drops today looks at smaller TF's more corrective than impulsive.

Analysis of Awesome oscillator on various TF's for the whole move and for single waves support most the main count.

But a count on 2h and 4h TF counts extremely well for the alternative count.
  • #5,072
  • May 13, 2011 4:00pm May 13, 2011 4:00pm
Quoting RamsesII
i favour the second one, pretty much what i had this morning with usdchf
I have a short time short open. I am undecisive if I should hold over weekend.

Might open with a "gap" up.

What do you think?
  • #5,073
  • May 13, 2011 4:03pm May 13, 2011 4:03pm
Quoting infinitus
I have a short time short open. I am undecisive if I should hold over weekend.

Might open with a "gap" up.

What do you think?
I'm still holding shorts from about 1.43 area and since I'm playing the 3 of 3 scenario. I have my stops at 1.4170 since I don't like it higher than 1.4150-1.4160 since there is strong resistance there. If we do push higher fast, we may get your C wave to finish 2 or actually be in an A wave to start 2. Lots of options...
Don't have an ego. Always question yourself and your ability.
  • #5,074
  • May 13, 2011 4:06pm May 13, 2011 4:06pm
Quoting GeraldFX
Can someone count the EW on the Gold chart? I have mine like this. So I thought it would be interesting to see how EW would be.

See here for actual count:

http://supercycleelliottwave.blogspo...day-chart.html


or for longer term count my count (which is not up to date, but you can get the picture)
Attached Image (click to enlarge)
Click to Enlarge Name: 02262011 weekly main count bearish gold.jpg Size: 148 KB
  • #5,075
  • May 13, 2011 4:12pm May 13, 2011 4:12pm
Quoting RamsesII
I'm still holding shorts from about 1.43 area and since I'm playing the 3 of 3 scenario. I have my stops at 1.4170 since I don't like it higher than 1.4150-1.4160 since there is strong resistance there. If we do push higher fast, we may get your C wave to finish 2 or actually be in an A wave to start 2. Lots of options...
Many options, that is true. Wish it would be clearer. Would like to "hedge" my long term short from 4830 a bit when retrace.

Ups, had a typo: meant that I had a short term long open.

Have left the short term long open over weekend. Position is +14pips now

We will see soon enough.


Hope you will have a nice weekend.
  • #5,076
  • May 13, 2011 4:18pm May 13, 2011 4:18pm
Quoting infinitus
See here for actual count:

http://supercycleelliottwave.blogspo...day-chart.html


or for longer term count my count (which is not up to date, but you can get the picture)
Thanks mate!
  • #5,077
  • May 14, 2011 3:13am May 14, 2011 3:13am
Quoting infinitus
Hi Sixer,

let me answer one part of that question:

regarding the wave 1 in an ending diagonal:

well, it depends: if it is an expanding ending diagonal, wave 1 is shorter than wave 3, and wave 3 is shorter than wave 5

In the contracting variety wave 1 is the longest one
I still believe this is a Leading Diagonal...

Not even a double Zz... Vincy
Attached Image (click to enlarge)
Click to Enlarge Name: Daily leading diagonal.jpg Size: 103 KB
Markets are not Random, they are designed!
  • #5,078
  • May 14, 2011 4:04am May 14, 2011 4:04am
For those users who don`t know that special type of an „impulse“ we are talking about:


http://imageshack.us/photo/my-images/23/ewtype1.gif/

Sixer
  • #5,079
  • May 14, 2011 6:11am May 14, 2011 6:11am
Hello guys.im always newbie in EW counting.so i hope we can share our idea regarding this style.this is my first euro count.diagonal triangle.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: DIAGONAL.png Size: 22 KB
Click to Enlarge Name: eu311.png Size: 43 KB
Gold Expedition Return This Year: -16.6%
  • #5,080
  • Edited 6:59am May 14, 2011 6:44am | Edited 6:59am
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