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Elliott Wave Trading

  • #6,201
  • Nov 27, 2013 5:00am Nov 27, 2013 5:00am
Quoting Ian Copsey
{quote} Err... no, CEW doesn't work. I've seen it not work too many times. The minimum Wave (iii) is 176.4%. 161.8% is a Wave (c) projection ratio (and rarely occurs.) Sounds like you're used to waiting until it looks like a wave has ended to put on a label... That's why I dug deeper to find out where the wave relationships lie and it's not in the 5-wave moves. It's between 3-wave moves. "5 wave rally without overlapping?" Assuming you mean Wave (ii) and (iv) ... of course.

i assume its iii green after [ b ] blue ?or need confirmation?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,202
  • Nov 27, 2013 5:07am Nov 27, 2013 5:07am
Quoting ud1nh0
{quote} i assume its iii green after [ b ] blue ?or need confirmation?
so it should not overlap 1.3560
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,203
  • Nov 27, 2013 5:22am Nov 27, 2013 5:22am
actually that sl is guideline...its not rule...so...it may hit your sl then down few pips hahaha
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,204
  • Nov 27, 2013 6:13am Nov 27, 2013 6:13am
Quoting ud1nh0
{quote} i assume its iii green after [ b ] blue ?or need confirmation?
Waves (i), (iii) and (v) are formed by an abc each.
The only waves that 5 waves form is Wave A and Wave C.
So, if the 1.3399 low was Wave B (in square brackets) then Wave [c] must come in 5-waves. That sequence is in green. So we need to get a green Wave iii, Wave iv and then the Wave v must match the Wave [iii] target.

Neither CEW or HEW is a system and should be used in a framework of supporting tools. Ideally there should be momentum divergences at least and potentially reversal patterns...
No I haven't got the wave structure wrong! I've corrected it!
  • #6,205
  • Nov 27, 2013 6:18am Nov 27, 2013 6:18am
Quoting Ian Copsey
{quote} Waves (i), (iii) and (v) are formed by an abc each. The only waves that 5 waves form is Wave A and Wave C. So, if the 1.3399 low was Wave B (in square brackets) then Wave [c] must come in 5-waves. That sequence is in green. So we need to get a green Wave iii, Wave iv and then the Wave v must match the Wave [iii] target. Neither CEW or HEW is a system and should be used in a framework of supporting tools. Ideally there should be momentum divergences at least and potentially reversal patterns...

(i) (iii) (v) formed only one abc ?
and (ii) (iv) formed by one abc too?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,206
  • Nov 27, 2013 6:25am Nov 27, 2013 6:25am
Quoting ud1nh0
{quote} (i) (iii) (v) formed only one abc ? and (ii) (iv) formed by one abc too?
Yes, impulsive by just an abc for each of Wave (i), (iii) and (v). You'll see why in the videos.
No extended waves, leading/ending diagonals, failed fifths - all a factor of the wrong impulsive structure.
The corrective structures remain the same. Can be simple or complex.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,207
  • Nov 27, 2013 8:59am Nov 27, 2013 8:59am
Yay. Woke up to seeing it nose diving from the news!
  • #6,208
  • Nov 27, 2013 10:29am Nov 27, 2013 10:29am
Quoting infinitus
{quote} EDT are not rare, LDT are rare especially in Forex you will see EDT relatively often
I am glad that the branch alive
ldt very rare, that's for sure)

My version is only one of many)
Today load another complex version)
Today is a very crucial moment ...)))))

Sorry for my English, I have not used it for over 15 years)
Write in language EWA)))
  • #6,209
  • Nov 27, 2013 12:50pm Nov 27, 2013 12:50pm
Quoting iwavetrade
Yay. Woke up to seeing it nose diving from the news!
I stick by my stop at 1.3540
Next 1.3626 ... maybe even 1.3645
No I haven't got the wave structure wrong! I've corrected it!
  • #6,210
  • Nov 27, 2013 2:25pm Nov 27, 2013 2:25pm
Quoting Ian Copsey
{quote} I stick by my stop at 1.3540 Next 1.3626 ... maybe even 1.3645
did hew project 5th wave the same as cew ?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,211
  • Nov 27, 2013 2:27pm Nov 27, 2013 2:27pm
But today Pinbar of EUr)))))
  • #6,212
  • Nov 27, 2013 2:40pm Nov 27, 2013 2:40pm
Quoting ud1nh0
{quote} did hew project 5th wave the same as cew ?
I don't use CEW. You've seen the confusion over whether there's a leading diagonal, or running triangle etc. I don't use that stuff.

The 1.3612 high was a little more than expected as instead of a 361.8% projection in the (blue) Wave iii it went to the 398.4% projection at 1.3612 (precisely.) With Wave ii being 30% we'd need to allow for a 50%-58.6% Wave iv between 1.3551-60. Hence I suggested a stop below 1.3550... Now the (blue) Wave v can progress to either the 238.2% or as much as the 261.8% projection in (green) Wave iii at 1.3626 or 1.3645.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,213
  • Nov 27, 2013 2:53pm Nov 27, 2013 2:53pm
Quoting Ian Copsey
{quote} I don't use CEW. You've seen the confusion over whether there's a leading diagonal, or running triangle etc. I don't use that stuff. The 1.3612 high was a little more than expected as instead of a 361.8% projection in the (blue) Wave iii it went to the 398.4% projection at 1.3612 (precisely.) With Wave ii being 30% we'd need to allow for a 50%-58.6% Wave iv between 1.3551-60. Hence I suggested a stop below 1.3550... Now the (blue) Wave v can progress to either the 238.2% or as much as the 261.8% projection in (green) Wave iii at 1.3626 or...

did u measure retracement counter trend wave from point zero swing till maximum opposite swing point?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,214
  • Nov 27, 2013 3:00pm Nov 27, 2013 3:00pm
Quoting ud1nh0
{quote} did u measure retracement counter trend wave from point zero swing till maximum opposite swing point?
Please explain your terminology....
I get the impression that you're asking how I measure waves.
Not all waves can be defined as between major swing highs/lows. Waves are defined by their internal structure and appropriate ratios. Right now people will only look at major swing levels but that can be misleading. It is most common to see major swings as the ends of waves, but not all. For example, if you have a 90% Wave (ii) the Wave (iv) will normally be so small it would be missed by most CEW users - and vice versa - a very shallow Wave (ii) will generate a deep Wave (iv).

Take the example of my chart on the previous page and the blue sequence. The Wave ii was very brief and shallow - relatively shallow. Thus, I knew in advance that we'd get a deep Wave iv. Hence I knew where the stop should be. There is every risk that it could turn into a complex.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,215
  • Nov 27, 2013 3:07pm Nov 27, 2013 3:07pm
Quoting Ian Copsey
{quote} Please explain your terminology.... I get the impression that you're asking how I measure waves. Not all waves can be defined as between major swing highs/lows. Waves are defined by their internal structure and appropriate ratios. Right now people will only look at major swing levels but that can be misleading. It is most common to see major swings as the ends of waves, but not all. For example, if you have a 90% Wave (ii) the Wave (iv) will normally be so small it would be missed by most CEW users - and vice versa - a very shallow Wave...
yes. i usually measure retracement per segment like 2 is xx percent of 1. 3 is yy % of 1 from 2 end. 4 usualy using 2 .nah, the 5th usualy with 1 or 4.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,216
  • Nov 27, 2013 3:09pm Nov 27, 2013 3:09pm
Quoting ud1nh0
{quote} yes. i usually measure retracement per segment like 2 is xx percent of 1. 3 is yy % of 1 from 2 end. 4 usualy using 2 .nah, the 5th usualy with 1 or 4.
5 is a projection of the start of 1 to the end of 3 added to 4.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,217
  • Nov 27, 2013 3:10pm Nov 27, 2013 3:10pm
Quoting Ian Copsey
{quote} Please explain your terminology.... I get the impression that you're asking how I measure waves. Not all waves can be defined as between major swing highs/lows. Waves are defined by their internal structure and appropriate ratios. Right now people will only look at major swing levels but that can be misleading. It is most common to see major swings as the ends of waves, but not all. For example, if you have a 90% Wave (ii) the Wave (iv) will normally be so small it would be missed by most CEW users - and vice versa - a very shallow Wave...

i mean. if u said allow 50 % till 58.6 % at 3551-3560. that measured from w iii only or w i - w ii + w iii ?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,218
  • Nov 27, 2013 3:12pm Nov 27, 2013 3:12pm
Quoting Ian Copsey
{quote} 5 is a projection of the start of 1 to the end of 3 added to 4.
oo u use 3520 swing low instead 3526?
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,219
  • Nov 27, 2013 3:47pm Nov 27, 2013 3:47pm
Quoting ud1nh0
{quote} i mean. if u said allow 50 % till 58.6 % at 3551-3560. that measured from w iii only or w i - w ii + w iii ?
Wave (iv) corrects the move from the start of Wave (ii). That's why alternation is relevant.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,220
  • Nov 27, 2013 3:49pm Nov 27, 2013 3:49pm
Quoting ud1nh0
{quote} oo u use 3520 swing low instead 3526?
Please make your questions much clearer.
No I haven't got the wave structure wrong! I've corrected it!
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