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Elliott Wave Trading

  • #6,241
  • Nov 28, 2013 12:07pm Nov 28, 2013 12:07pm
1.3572
  • #6,242
  • Nov 28, 2013 12:08pm Nov 28, 2013 12:08pm
Quoting ud1nh0
{quote} did you decide as target because solely EU chart HEW counts or because another pair charts HEW count?
Please see the videos on how the spreadsheet works.
It is impossible to identify targets for one currency by looking at another. It's nice to have correlation but targets are identified only in each currency pair and by understanding the structure of ALL wave degrees because they are linked.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,243
  • Nov 28, 2013 12:11pm Nov 28, 2013 12:11pm
Quoting Ian Copsey
{quote} Please see the videos on how the spreadsheet works. It is impossible to identify targets for one currency by looking at another. It's nice to have correlation but targets are identified only in each currency pair and by understanding the structure of ALL wave degrees because they are linked.
i will
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  • #6,244
  • Nov 28, 2013 12:21pm Nov 28, 2013 12:21pm
i am selling now with sl 1.3636.
dont pollow me.
btw, now im interested in targeting via hew
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,245
  • Nov 28, 2013 5:20pm Nov 28, 2013 5:20pm
Quoting ud1nh0
i am selling now with sl 1.3636. dont pollow me. btw, now im interested in targeting via hew
What's the reason for the sell?
  • #6,246
  • Nov 28, 2013 5:25pm Nov 28, 2013 5:25pm
Quoting iwavetrade
{quote} What's the reason for the sell?

possibility overlapping wave and wave maybe less than 1.61
but its not complete.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,247
  • Nov 28, 2013 5:35pm Nov 28, 2013 5:35pm
Quoting ud1nh0
{quote} possibility overlapping wave and wave maybe less than 1.61 but its not complete.
Well, that's not following HEW...

See my comments above...
No I haven't got the wave structure wrong! I've corrected it!
  • #6,248
  • Nov 28, 2013 5:50pm Nov 28, 2013 5:50pm
Quoting Ian Copsey
{quote} Well, that's not following HEW... See my comments above...

It's about to hit your first target. :-P
  • #6,249
  • Nov 28, 2013 5:55pm Nov 28, 2013 5:55pm
Quoting iwavetrade
{quote} It's about to hit your first target. :-P
I wrote 1.3645 is the next target and you have placed your stop at 1.3636...

See: http://harmonicelliottwave.blogspot....eurusd_29.html for the next move...
No I haven't got the wave structure wrong! I've corrected it!
  • #6,250
  • Nov 28, 2013 5:58pm Nov 28, 2013 5:58pm
Quoting Ian Copsey
{quote} I wrote 1.3645 is the next target and you have placed your stop at 1.3636... See: http://harmonicelliottwave.blogspot....eurusd_29.html for the next move...
thats not me ian...look the nick
the one that set sl is me, but u address iwavetrade
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  • #6,251
  • Nov 28, 2013 6:03pm Nov 28, 2013 6:03pm
Quoting ud1nh0
{quote} thats not me ian...look the nick the one that set sl is me, but u address iwavetrade
Oh! Apologies... I have my dumb ass glasses on!

However, it was you who wrote:
i am selling now with sl 1.3636.
dont pollow me.
btw, now im interested in targeting via hew
No I haven't got the wave structure wrong! I've corrected it!
  • #6,252
  • Nov 28, 2013 6:06pm Nov 28, 2013 6:06pm
Quoting Ian Copsey
{quote} Oh! Apologies... I have my dumb ass glasses on! However, it was you who wrote: i am selling now with sl 1.3636. dont pollow me. btw, now im interested in targeting via hew
yes. coz im lacking on targeting and reading wave structure
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,253
  • Nov 28, 2013 6:41pm Nov 28, 2013 6:41pm
Quoting ud1nh0
{quote} yes. coz im lacking on targeting and reading wave structure
The (green) Wave iii can either be the 238.2% or 261.8% projection - 1.3626 & 1.3645. The lower (blue) wave degree Wave v can reach either of them.
No I haven't got the wave structure wrong! I've corrected it!
  • #6,254
  • Nov 28, 2013 7:06pm Nov 28, 2013 7:06pm
I've been reading the book. I just wanted to play around with the charts and from what I understand so far. I know my chart looks REALLY different compared to yours, but I have a hard time, even in your examples, figuring out where you decide to label a wave.

In Neowave, you can project waves by their angle.

I'm sure it would take you a lot of time to explain everything that's wrong with mine, but I'd be happy to read and listen if you're willing to give a lesson.
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  • #6,255
  • Nov 28, 2013 7:15pm Nov 28, 2013 7:15pm
Quoting iwavetrade
I've been reading the book. I just wanted to play around with the charts and from what I understand so far. I know my chart looks REALLY different compared to yours, but I have a hard time, even in your examples, figuring out where you decide to label a wave. In Neowave, you can project waves by their angle. I'm sure it would take you a lot of time to explain everything that's wrong with mine, but I'd be happy to read and listen if you're willing to give a lesson. {image}

that top ratio is more than 1.61...its not correction if like that. except i unite the candle move become one
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  • #6,256
  • Nov 28, 2013 7:32pm Nov 28, 2013 7:32pm
Quoting iwavetrade
I've been reading the book. I just wanted to play around with the charts and from what I understand so far. I know my chart looks REALLY different compared to yours, but I have a hard time, even in your examples, figuring out where you decide to label a wave. In Neowave, you can project waves by their angle. I'm sure it would take you a lot of time to explain everything that's wrong with mine, but I'd be happy to read and listen if you're willing to give a lesson. {image}
dont count it...it will be complex
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  • #6,257
  • Nov 28, 2013 7:37pm Nov 28, 2013 7:37pm
Quoting iwavetrade
I've been reading the book. I just wanted to play around with the charts and from what I understand so far. I know my chart looks REALLY different compared to yours, but I have a hard time, even in your examples, figuring out where you decide to label a wave. In Neowave, you can project waves by their angle. I'm sure it would take you a lot of time to explain everything that's wrong with mine, but I'd be happy to read and listen if you're willing to give a lesson. {image}
An hourly chart hides much of the development. That's why I use a 5-min chart for my base analysis. It is imperative that each leg develops in the right structure with appropriate ratios. The way CEW has developed is that people (including Prechter) just latch on to a convenient swing high and swing low. They are not always valid. (take a look at the alternation video - or the longer intro for the S&P example where the Wave -b- of Wave -iii-was really brief and was then swamped by the much bigger Wave i and Wave ii of Wave -c-.... I know it was right because I then forecast the Wave iii, Wave iv, Wave v/-iii- and Wave -iv- all up to 2 months in advance... Also, people ignore alternation when the correction is so small. If the Wave 2 is deep and takes a long time the Wave 4 will be very shallow and very brief. That's where most people find HEW difficult. It takes longer to analyse and that puts people off.

Your first Wave A is in three waves ... they only develop in 5-waves. I have no idea what that abc to make a Wave A is... Wave a and Wave c are always constructed of 5 waves. In your B -. C move that you have labeled Wave (i) it is just impossible.. Wave (iii) is never less than 176.4% (or by a small margin). Your Wave iii is shorter than Wave i... impossible.

In an earlier post (showing the Wave [a] of Wave [iii]) I labelled the ratios that were applicable. I suggest you take a look at that. If you look at the last chart I posted that was moving up in the green Wave sequence, just use the spreadsheet to check the ratios... they're there. In this manner it avoids making the retrospective counts that dominate CEW. It also avoids the "fantasy counts" where people make up possible counts to support their view.

So far, from the 1.3295 low I have got just about 90% of the internal moves correct. (just a couple of misjudgements.) That's because I know what needs to happen... Sometimes it's possible to force a count - it's possible to identify good ratios but because of the noise in the market it goes wrong, but it's normally easy enough to know when it's wrong.

Basically, it's a LOT more logical and avoids silly counting... I've just had someone from a forum take a free trial and after working out why I counted in the way I did, he used the spreadsheet along with my analysis and made his first ever 5 straight profits in a row... (after I had to switch him round from being bearish EUR...)
No I haven't got the wave structure wrong! I've corrected it!
  • #6,258
  • Nov 28, 2013 7:57pm Nov 28, 2013 7:57pm
hahaha
based on my newbie counting, i just found out that euro index is either A wave or impulse 1 after abc done downward.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,259
  • Nov 29, 2013 12:33am Nov 29, 2013 12:33am
Quoting ud1nh0
i am selling now with sl 1.3636. dont pollow me. btw, now im interested in targeting via hew
Sorry to intervene, but my opinion is that , for now we can not speak as will ascend this wave. If it exceed 1.3648, the descent will be up to 1.3398, and if not exceed (99%), it is possible to have descent to 1.3296. At the moment , for me , the question is "Whent will came down?" not "If will came down?"
  • #6,260
  • Nov 29, 2013 12:42am Nov 29, 2013 12:42am
Quoting ovidiu_gnt
{quote} Sorry to intervene, but my opinion is that , for now we can not speak as will ascend this wave. If it exceed 1.3648, the descent will be up to 1.3398, and if not exceed (99%), it is possible to have descent to 1.3296. At the moment , for me , the question is "Whent will came down?" not "If will came down?"

yes. thanks for input.
cos looks like ascending triangle.. but i see as 5-3-5-3-5 C
when the last 5 complete as corrective ratio. then it will come down.
problem is. i can't project it.
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