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Elliott Wave Trading

  • #5,461
  • Edited 4:04am Oct 22, 2012 4:03am | Edited 4:04am
Quoting Almondeyed
Thank you again for comments

I stopped to follow EWI when they were expecting huge drop in Corn futures with their Wave 3 and after Corn made historical rally.. Lost enough with their help I am sure they added some more patterns and update guidelines after i left.

By the way;
If 1.3172 is Wave A then Wave B is 33.3% of Wave A
If current low 1.3014 is the end of down move and it is Wave b of Wave 3 then it is 50% of Wave a

Correct on Wave B

Apologies I forgot the Wave (i) to 1.3071, pullback in Wave (ii) to 1.2825 and then take the comments above for Wave -i-, -ii- and Wave -a-... thus we are in Wave -b- of Wave -iii- of Wave (a). At least, that's the plan...
No I haven't got the wave structure wrong! I've corrected it!
  • #5,462
  • Oct 22, 2012 4:20am Oct 22, 2012 4:20am
Quoting Ian Copsey
Correct on Wave B

Apologies I forgot the Wave (i) to 1.3071, pullback in Wave (ii) to 1.2825 and then take the comments above for Wave -i-, -ii- and Wave -a-... thus we are in Wave -b- of Wave -iii- of Wave (a). At least, that's the plan...
thus we are in Wave -b- of Wave -iii- of Wave (a). At least, that's the plan...

or Wave (c)

Wave -b- of Wave -iii- of Wave (c) i mean....
  • #5,463
  • Oct 22, 2012 5:32am Oct 22, 2012 5:32am
Quoting Almondeyed
thus we are in Wave -b- of Wave -iii- of Wave (a). At least, that's the plan...

or Wave (c)

Wave -b- of Wave -iii- of Wave (c) i mean....
Wave (a) of Wave (iii) of Wave (C).
No I haven't got the wave structure wrong! I've corrected it!
  • #5,464
  • Oct 22, 2012 5:46am Oct 22, 2012 5:46am
Now clear.. Thank you very much
  • #5,465
  • Oct 22, 2012 5:40pm Oct 22, 2012 5:40pm
just wanna share
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happy trading
  • #5,466
  • Oct 24, 2012 10:25pm Oct 24, 2012 10:25pm
When counting waves with R.N. Elliott's structure many Elliotticians ignore small corrections and automatically label the major swing highs and swing lows. This video explains why these need to be followed and measured carefully to generate pinpoint forecasting.

http://www.youtube.com/watch?v=Qaj7OFXIpd8&feature=plcp
No I haven't got the wave structure wrong! I've corrected it!
  • #5,467
  • Oct 28, 2012 10:04am Oct 28, 2012 10:04am
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please check this
  • #5,468
  • Oct 29, 2012 1:08am Oct 29, 2012 1:08am
Quoting o man
Attachment
please check this
Take a look at this... http://harmonicelliottwave.blogspot....or-usdjpy.html

My upper target reached so should now correct lower...
No I haven't got the wave structure wrong! I've corrected it!
  • #5,469
  • Oct 30, 2012 2:38am Oct 30, 2012 2:38am
Here's a view on the Dollar Index...

DOLLAR INDEX
No I haven't got the wave structure wrong! I've corrected it!
  • #5,470
  • Oct 30, 2012 2:58am Oct 30, 2012 2:58am
hi GM traders

i think on shorter time frame we are in wave i and thrust i believe should be above 2955 or min 2947
Learning Requires Failure
  • #5,471
  • Oct 30, 2012 9:32am Oct 30, 2012 9:32am
http://imageplay.net/img/tya22290186...1030111727.jpg

I am too busy to compare price levels with fibo ratios, but at first sight this count looks not bad
  • #5,472
  • Oct 30, 2012 8:31pm Oct 30, 2012 8:31pm
Quoting Almondeyed
http://imageplay.net/img/tya22290186...1030111727.jpg

I am too busy to compare price levels with fibo ratios, but at first sight this count looks not bad
You could be right there but until the last swing high is broken there is risk of a minor new low before reversing higher...
No I haven't got the wave structure wrong! I've corrected it!
  • #5,473
  • Oct 30, 2012 8:32pm Oct 30, 2012 8:32pm
In addition to the beauty of the fractal nature of Harmonic Elliott Wave that requires wave targets to be confirmed from multiple wave degrees there is also the consistency of wave projection ratios that exist across all wave degrees and time frames from the 1 minute charts to the monthly charts...

The following video demonstrates these repetitive ratio clusters through the wave degrees and markets.

THE CONSISTENCY OF PROJECTION RATIOS
No I haven't got the wave structure wrong! I've corrected it!
  • #5,474
  • Nov 4, 2012 3:34pm Nov 4, 2012 3:34pm
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  • #5,475
  • Nov 8, 2012 5:29pm Nov 8, 2012 5:29pm
happy weekend guys

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elliott wave mq4
  • #5,476
  • Nov 14, 2012 12:28am Nov 14, 2012 12:28am
In a previous video I explained how momentum could be used to identify stronger trade set ups at the end of a trend through divergences. In this video I provide an example how multiple time frame momentum can be used to prevent entering a trade...

FILTERING OUT BAD TRADES USING MOMENTUM

Good trading
Ian
No I haven't got the wave structure wrong! I've corrected it!
  • #5,477
  • Nov 24, 2012 2:46am Nov 24, 2012 2:46am
Quoting Flynchenberg
Hi guys,

My Outlook for EUR/USD: Very important level. Greece deal result might be a beginning of a new wave up.

Take care,
Seb

PS: More on my blog.
There are an awful lot of overlapping 1's and 4's there... Any reason?
No I haven't got the wave structure wrong! I've corrected it!
  • #5,478
  • Nov 24, 2012 4:34pm Nov 24, 2012 4:34pm
On many occasions I see Elliott Wave Counts that contain running corrections that imply excessive expansions of the previous correction. In fact, there are regular guidelines on expansions that contain any expansion and this video provides an outline of when an expansion becomes an extension in a higher degree wave... As a basic rule, if you cannot forecast where a move will end then there is something wrong. In general all moves can be forecast. The following video provides a guideline to how to anticipate these.

RUNNING CORRECTIONS

Good trading
Ian Copsey
No I haven't got the wave structure wrong! I've corrected it!
  • #5,479
  • Nov 24, 2012 5:23pm Nov 24, 2012 5:23pm
maybe this


do not complain about the many expansion lines. It is all Ian's fault, because I read his book and now I am trying out his %-numbers along with the fibs LOL


maybe we see a little pop higher, 3025?


What does the Master of Harmonic think?
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  • #5,480
  • Nov 24, 2012 11:13pm Nov 24, 2012 11:13pm
Quoting infinitus
maybe this


do not complain about the many expansion lines. It is all Ian's fault, because I read his book and now I am trying out his %-numbers along with the fibs LOL


maybe we see a little pop higher, 3025?


What does the Master of Harmonic think?
Great to see you trying it out! I think if you look at the first move higher ending just below where you have Wave A and call that lower high Wave (i) and then after an expanded flat the Wave (ii) you may find the projections easier to work out... My basic view is bullish in the larger wave degree and thus within the weekly outlook you have to decide what the outlook is and understand how to fit in a 5-wave move, what it will take etc.

I'd thoroughly recommend instead of those lines on the chart that you download the HEW spreadsheet from my (grotty but soon to be upgraded) website you can plug the numbers in there and begin to coordinate the Wave (c) of Wave (iii), use alternation to understand where the Wave (iv) is and then project the Wave (v) - keeping in mind the (Elliott guideline) prior Wave (b) high in the decline at 1.3020...

You'll actually find, once you have a good grip of HEW that the targets can already be estimated if you know where your final target is. For example, in my book I called the DOW up to 12,600 +/- 200 points to be followed by a drop of 20%. That call was made with an idea of Wave the Wave (iii) should be so that an approximate 50% retracement in Wave (iv) would then be able to reach somewhere around the 14K high... Then, with that in mind I looked at the potential projections in Wave (iii) in the spreadsheet and matching with the Wave (c) projections... (Wave (c) is subordinate to the impulsive projections.)
No I haven't got the wave structure wrong! I've corrected it!
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