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Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

  • #6,561
  • Jan 30, 2012 3:38am Jan 30, 2012 3:38am
OK then, how do you all count the highlighted area - it is a bit of a conundrum. But also, how you implement it in the whole weekly count is important. Thank you
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  • #6,562
  • Jan 30, 2012 3:44am Jan 30, 2012 3:44am
Quoting freelancer
OK then, how do you all count the highlighted area - it is a bit of a conundrum. But also, how you implement it in the whole weekly count is important. Thank you
Vincy you take a First try!
Markets are not Random, they are designed!
  • #6,563
  • Jan 30, 2012 3:46am Jan 30, 2012 3:46am
Raza, I know Vincy is counting it as a W X Y but not clear what kind of overall pattern since the all-time top he is following. I have another idea as on the chart. Therefore, I would like to start some kind of discussion
  • #6,564
  • Jan 30, 2012 4:01am Jan 30, 2012 4:01am
I take that as Expanded Flat FOR Wave#2
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Markets are not Random, they are designed!
  • #6,565
  • Jan 30, 2012 4:18am Jan 30, 2012 4:18am
Possible, but two things bother me - first, the upmove is not in 5 waves /at least I see it this way/ and, two, the time it takes for this flat is way too much.
I see the latest downward move as a terminal diagonal as a count with my lazy wxy suits it best and now expect a triangle to form /implying a re-visit of the low from last year/:
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  • #6,566
  • Jan 30, 2012 4:56am Jan 30, 2012 4:56am
Quoting freelancer
Possible, but two things bother me - first, the upmove is not in 5 waves /at least I see it this way/ and, two, the time it takes for this flat is way too much.
I see the latest downward move as a terminal diagonal as a count with my lazy wxy suits it best and now expect a triangle to form /implying a re-visit of the low from last year/:
OK..

Thanks. lets see as it develops.
Markets are not Random, they are designed!
  • #6,567
  • Jan 30, 2012 5:27am Jan 30, 2012 5:27am
İ have been watching all charts here for a while and you guys really do some good work...but my way of count is really different than urs...Now i think we are in the big C wave...and the 4th wave is happening at the same time which will last until april and will not be able to go more than 3250-3300 (the green triangle in the picture - the intersection of red and blue lines) ...and the corrective wave which is tunning at the moment will have a breathe at 2800-2750 ..and then another bounce will be sloping upwards to 3250-3300...then it will run down like a thunder till 1,16 (the 5th wave of C) ...thats my count...i think counting the waves is tooo subjective and changes from person to person :S

Regards...
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Imagination rules the world ...
Selym Hyll Return This Year: na
  • #6,568
  • Jan 30, 2012 7:36am Jan 30, 2012 7:36am
Quoting Raza
Vincy you take a First try!
The SAME!!!

Attached Image
DRAGON-TECHNICAL ANALYSIS!
  • #6,569
  • Jan 30, 2012 8:14am Jan 30, 2012 8:14am
Quoting vincy balboa
The SAME!!!

Attachment
Vincy..
  • #6,570
  • Jan 30, 2012 8:57am Jan 30, 2012 8:57am
Quoting smilemiz
#2

and. we'll see.. react and trade


correction: correctice = corrective
Double Corrective non-standard might solidify this pattern...
WxY ZgZg x Cont. TG

  • #6,571
  • Edited 11:03pm Jan 30, 2012 9:02am | Edited 11:03pm
Quoting smilemiz
Double Corrective non-standard might solidify this pattern...
WxY ZgZg x Cont. TG


....
and get some... Short sell intraday and get 936$ a less than 2 hours..
correction: with a chart not < 1 hour..sorry
...i think somebody know why .. i am often showing my trades and history currently... Isn't Raza?
Attached Image
  • #6,572
  • Jan 30, 2012 1:11pm Jan 30, 2012 1:11pm
Quoting smilemiz
....
and get some... Short sell intraday and get 936$ a less than 2 hours..
correction: with a chart not < 1 hour..sorry
...i think somebody know why .. i am often showing my trades and history currently... Isn't Raza?
...
Markets are not Random, they are designed!
  • #6,573
  • Jan 30, 2012 5:31pm Jan 30, 2012 5:31pm
the decline is slower than the rally and each of the last 4 legs take about the same time. Both these facts suggest the formation of a diamond-shaped diametric. Further consolidation and breakout to the upside are expected.
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Lehman Sisters Wouldn't Have Failed
  • #6,574
  • Jan 30, 2012 7:38pm Jan 30, 2012 7:38pm
Hello , I am new to forex factory , I have to agree with you ,I think this is one of the diametric formation that been discovered by Glenn Nelly ( Neowave ).
  • #6,575
  • Jan 30, 2012 11:19pm Jan 30, 2012 11:19pm
Quoting smilemiz
yup
Do you agree with Diametric... or do you have any other alternative?

I know its a very good possibility....but on the flip side I keep getting this Fib level at 1.3070!I believe when it breaks 1.3141 by a pip...that is 1.3140 happens to be a daily pivot level as well (Camarilla and Classic) then we shall see 1.3070 upto 1.3010 -09.

Only above 1.3221 will make me Bullish.

What do you think?
Markets are not Random, they are designed!
  • #6,576
  • Jan 31, 2012 1:17am Jan 31, 2012 1:17am
Quoting smilemiz
....
and get some... Short sell intraday and get 936$ a less than 2 hours..
correction: with a chart not < 1 hour..sorry
...i think somebody know why .. i am often showing my trades and history currently... Isn't Raza?
Interesting
DRAGON-TECHNICAL ANALYSIS!
  • #6,577
  • Jan 31, 2012 1:18am Jan 31, 2012 1:18am
Quoting Blythe
the decline is slower than the rally and each of the last 4 legs take about the same time. Both these facts suggest the formation of a diamond-shaped diametric. Further consolidation and breakout to the upside are expected.
Lovely I impress with all wxy etc
DRAGON-TECHNICAL ANALYSIS!
  • #6,578
  • Jan 31, 2012 3:20am Jan 31, 2012 3:20am
knightpips,

i doubt that Glenn Neely discovered the "Diamond Formation" - from where did you get such nonsens ??

Sixer
  • #6,579
  • Jan 31, 2012 5:53am Jan 31, 2012 5:53am
Hello sixer

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  • #6,580
  • Jan 31, 2012 5:55am Jan 31, 2012 5:55am
Quoting Sixer
knightpips,

i doubt that Glenn Neely discovered the "Diamond Formation" - from where did you get such nonsens ??

Sixer
Sixer!! HOW ARE YOU??
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