Hi, Since a month orso I'm studing EW every evening. After a search to an EW thread @ForexFactory to publish and discuss my EW-count I found this threat. Well...I thought I was doing well with the CEW and was reading on this threat, quit a lot posts. Well I noticed there is also a variation at the EW, the HEW and ofcourse I also tried to understand it. But now I have the feeling I'm completely shaked and confused...and don't know what direction to go1) I have the question which direction should I follow?! CEW or HEW...?! Well my duty is...
Obviously I need to reply....
On EW and HEW, I'll just say that I have been using EW for over 20 years. I was considered an expert at CEW but it never really provided a consistent structure, never quite sure where a wave will end, never really knew when a wave will extend and how far. A Wave 3 could be as short as 117% (well, pick any number you want) or could be 1000%. I could never, ever, make sense of equity markets. When I researched where the wave relationships lie and how the fractal structure develops with consistent ratios my first forecast for the DOW has been 100% perfect (in the weekly timeframe.) I don't claim that pinpoint accuracy is possible all the time but the greater discipline that is required by HEW then provides logic and more understanding.
Your questions.
1) Well if that is what HEW can deliver I guess HEW is the option for me. Am I right?
Of course it's an option! I find experienced (open minded) Elliotticians find it is exactly what they had been looking for, having noted the drawbacks that I had. However, for newcomers to EW it does require a lot of dedication in terms of analysing your own results, persistence in measurement and trying to work out why you were right and why you were wrong. (That's how I started with CEW.) CEW is easier because you can make up just about any count you want but the downside is that people conveniently overlook the fact that they've counted a Wave 1, 3 or 5 in 3 wave (but it's the best way to count using swing highs and lows. Nor are they generally able to consistently forecasts potential wave endings. That's a big problem for money management.
2) In the video I saw that there is only an (A) en (C). But where is Wave (B) ?! I must missed something I guess?!
Yes, you missed something! What I stated was "5 waves will only generate a Wave A or Wave C. There are plenty of Wave B's and they are the most difficult of all waves to forecast as they have a wide range of retracement ratios - even in a Wave (iii). The Waves A and C (with B in the middle) are what then construct the impulsive waves (i), (iii) and (v). So basically both corrective and impulsive waves are constructed in 3-wave sequences. The difference between them is that the impulsive waves have ratio clusters that are consistent from 1-min charts through to monthly charts. An impulsive structure also (95%-98% of the time) also have qualities of alternation in terms of depth - so Wave (ii) and (iv) have a relationship. Corrective structures do not (apart from 1%-3%) have impulsive relationships.
3) In de CEW we have 5 the count 1, 2, 3, 4, 5, A, B, C and those are all fractals in a higher degree. Is this count also valid in the HEW?
Yes, as described in Q2. What's more consistent relationships between the fractals are present. CEW does not have this.
4) I understand and can recognise de CEW patterns, triangle, diagonals, zigzags, flats, triple...etc... but can I also use this info/theory with the HEW or are we only counting a b and c (tree wave patterns)?! and are there no zigzags and flats etc..etc in the HEW. With recognizing patterns I mean wave-count 3-3-3-3-3 (triangle) and 5-3-5 etc...etc...
Take care with triangles - I see many Elliotticians counting triangles that just aren't triangles. The "triangle" in the daily USDJPY chart after the drop from 103.73 was all over the place. First, the Wave ^A was not in 3 waves (again, there is frequent and convenient ignoring of the structure) and the balance of the triangle wasn't there, came to a point too quickly.
The only thing that HEW does is redefine the structure of the impulsive structure. The corrective structures are all the same - zigzags and complex corrections. (still the Wave A and C will develop in 5-waves but with Waves i, iii and v in 3-waves and using the same ratio sets.) There are no extended waves, diagonals failed fifths as they are a product of the basic misjudged structure. I have been criticised for saying this and even had hate messages sent to me! However, when you consider R.N. Elliott did his research in the 1920's with no calculator, having to work through all time frame charts in long hand, the ability to research wave relationships was severely hampered. What he managed was brilliant and I could never have made those observations from scratch... I did it with a calculator but when I developed the spreadsheet it became so much easier to quickly generate a whole range of projection ratios and with the way the spreadsheet is set up with 3 sections it is much easier to see how the wave degrees fit together.
I hope this has provided a little more information for you to judge...
Ian
No I haven't got the wave structure wrong! I've corrected it!
I need a 4 demensional brain I guess 
