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Elliott Wave Trading

  • #5,681
  • Apr 2, 2013 9:40am Apr 2, 2013 9:40am
Sorry maybe I did not use the bigger pic

Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh4.png Size: 21 KB


so what is the different between traditional and modern EW actually ?
  • #5,682
  • Apr 2, 2013 1:25pm Apr 2, 2013 1:25pm
Quoting pepesan
Sorry maybe I did not use the bigger pic {image} so what is the different between traditional and modern EW actually ?
haha i joke you , but this is posible. good work. but double have another variants
  • #5,683
  • Apr 3, 2013 9:53am Apr 3, 2013 9:53am
Elliott wave is a special trading technique, with this pattern we can see the next move of market price easier than technical indicator. But we need a lot of practice to make this thing works. Practice, practice and practice.
  • #5,684
  • Apr 3, 2013 11:42am Apr 3, 2013 11:42am
yes my friend , it's true. more practice. this is very difficult technique but is the best. good work.
  • #5,685
  • Apr 4, 2013 10:29am Apr 4, 2013 10:29am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 22 KB


I like share my EW analysis in this forum because I can get feedback from another traders who also participate in this forum.
  • #5,686
  • Apr 5, 2013 2:50am Apr 5, 2013 2:50am
Hello again ,

Because in my opinion, the wave triple combination was completed yesterday for EUR / USD pair, I attach possible evolution for the next few weeks. Latest wave of correction , was an impulse terminal , with wave-5 extended .
Attached Image (click to enlarge)
Click to Enlarge Name: Tripla combinatie - zig-zag-x-zig-zag-x-Terminal5.png Size: 50 KB
Good luck to all !
  • #5,687
  • Apr 5, 2013 9:52am Apr 5, 2013 9:52am
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdh4.png Size: 21 KB

Making a wave C ?
  • #5,688
  • Apr 5, 2013 10:41am Apr 5, 2013 10:41am
@pepesan
I think the wave b is not completed .
  • #5,689
  • Apr 6, 2013 9:06am Apr 6, 2013 9:06am
Quoting ovidiu_gnt
@pepesan I think the wave b is not completed .
Maybe I miss calculated, can you give an example for wave b ?
  • #5,690
  • Apr 6, 2013 10:34am Apr 6, 2013 10:34am
gbpusd
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-d-06042013.jpg Size: 79 KB
If you think you can or cannot do it you are correct
  • #5,691
  • Apr 6, 2013 11:16am Apr 6, 2013 11:16am
@pepesan
In my opinion, I think that the wave b will be an irregular failure flat . The second segment exceeded with 138.2% of the first segment . Because of this, the wave will also be failure , that the segment 3 will not exceed the origin of Segment 2 . The last segment ( 3 ) of wave-b will be from 5 segments (It will resemble with an impulse ) and will retire segment 2 at least 38.2% . But it is just an opinion .
  • #5,692
  • Apr 8, 2013 2:21am Apr 8, 2013 2:21am
Quoting Olu
gbpusd {image}
To give you a clue the 1.4831 low was a Wave 3 as I forecast a target of 1.4837 way back in February. Therefore those fibos are not relevant. Also, as far as I can see the correction from 1.4831 has mapped out a triple three already (and right in my target area for the Wave 4 which is why I had earlier said it would get above 1.5280...) so no flats/expanded flats...
No I haven't got the wave structure wrong! I've corrected it!
  • #5,693
  • Apr 8, 2013 4:43am Apr 8, 2013 4:43am
Quoting goshko147
no! {image}
http://assets.forexfactory.net/nfs/c...ar194258_2.gif goshko147
Member
Member Since Sep 2011

60 Posts

all of this forum don't know what is elliot waves and can't trading with this waves. :nerd:

...............................x......................................x.................................x............................x........................

You F***in Belong here at this Forum!
Markets are not Random, they are designed!
  • #5,694
  • Apr 9, 2013 9:03am Apr 9, 2013 9:03am
Ian, how good is your system in handling corrections? Can you estimate already at this point how high the correction travels?

R

Quoting Ian Copsey
To give you a clue the 1.4831 low was a Wave 3 as I forecast a target of 1.4837 way back in February. Therefore those fibos are not relevant. Also, as far as I can see the correction from 1.4831 has mapped out a triple three already (and right in my target area for the Wave 4 which is why I had earlier said it would get above 1.5280...) so no flats/expanded flats...
  • #5,695
  • Apr 10, 2013 11:02pm Apr 10, 2013 11:02pm
Quoting Rocroy
Ian, how good is your system in handling corrections? Can you estimate already at this point how high the correction travels? R
I use the same corrective structure as traditional EW but of course the Wave A & C's are in the HEW format.

The only corrections that can be identified within a tight range are the Wave (iv)'s as they have a relationship with the Wave (ii). Hence that is why I know the range of GBPUSD. I have used the normally seen retracement that reflects the Wave (ii) but it could actually get deeper although having said that I think the correction is most likely complete.

Otherwise, Wave (ii) and Wave (b) are tricky as there's normally no set retracement ratio that works. The Wave (b) of Wave (iii) in a trending move (as opposed to a correction) does not normally get deeper than 50%-58.6% but in a corrective wave they can correct as much as 76.4%-85.4% and I've even seen 90%... (Cable likes doing that... The Aussie likes deep Wave (b)'s of (iii)'s too.
No I haven't got the wave structure wrong! I've corrected it!
  • #5,696
  • Apr 11, 2013 9:32am Apr 11, 2013 9:32am
I almost hit the target

Attached Image


my previous post is in GBPUSD thread
  • #5,697
  • Apr 11, 2013 4:55pm Apr 11, 2013 4:55pm
Quoting pepesan
I almost hit the target {image} my previous post is in GBPUSD thread
Yup... well done.
Indeed, referring to the response to Rocroy, this time it looks like it will get to its maximum which will hit the very top end of the retracement range which I really hadn't expected. I had been told by a cycle guy that the top should come in at the beginning of April - and it hit my target perfectly. It seems that sometimes these cycles do some sort of reverse double backlash overhead whip and that seems to be the case... sadly for me. However, it's still a Wave (iv)...
No I haven't got the wave structure wrong! I've corrected it!
  • #5,698
  • Apr 12, 2013 5:24am Apr 12, 2013 5:24am
Hello,

I waited another confirmation that the impulse , to be completed (yesterday I rushed, but the retrace , was actually wave-c from segment 4). We confirm this by breaking the trendline endings wave-2 and wave-4 , and have exceeded the origin of wave-5 (1.3043) . I think at this point we can say that the impulse is confirmed as completed. So , this is an impulse with wave-1 extended (wave 1 is the highest , wave 2 retrace wave-1 less than 38.2% , wave-3 is 61.8% of the wave-1, wave 4 is not a complex wave (is an irregular running flat ), the wave-5 is smaller than wave-3) . The correction after wave-5 should drop into the 2nd price zone . Having a correction , impulse is wave-a from a zig-zag , in these conditions, the retrace will be between 1.2942 (50%) and 1.2895 (61.8%).
Good luck !
Attached Image (click to enlarge)
Click to Enlarge Name: Impuls cu valul 1 extins - val a in zig-zag.png Size: 35 KB
  • #5,699
  • Apr 18, 2013 1:55am Apr 18, 2013 1:55am
Hello again ,

Quitting as described in the previous post for Eur-Usd as alleged maximum impulse was exceeded. As we saw yesterday, the EUR / USD pair, did not exceed 1.3201, the maximum of the previous day. So, I think at this point we have completed a double zig-zag as the trend line was broken, and the origin of the latest zigzag was exceeded 1.3027.
This downtrend movement, it is possible to get up to 1.2746, but it is unlikely in my opinion, go down to the limit, but do not rule out this option.
Good luck !
Attached Image (click to enlarge)
Click to Enlarge Name: Dublu zig-zag.png Size: 45 KB
  • #5,700
  • Apr 23, 2013 6:56am Apr 23, 2013 6:56am
WEEKLY OUTLOOK FOR GOLD
No I haven't got the wave structure wrong! I've corrected it!
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