Harmonic Elliott Wave (HEW)

Quoting HappyMe

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{quote} So, i worked it out step1: firstly we put the levels for wave [ i] to [ v] in the spreadsheet at "Imulse wave 3" step 2: second we put the levels for wave [ b] to [ c] /[ iii] in the spreadsheet at "impulse wave 2" step 3: thirth we put the levels for wave b to iii (within wave [ iii] in the spreadsheet at "impulse wave 1" And analog to this we also can do this for the wave [ v] ?! In the images you see the results of step 1, 2 and 3 If this is correct the we know what to fill in where... and we can go to the build process...and the projections...

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Quoting Almondeyed

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{quote} Ian, can you give some info about our study methodology? I for example first look at a chart and decide few alternative wave structures in my mind and after it I measure waves to give final decision about waves. In general i start to search Wave 5's because they are often %50 or %61.8 of Wave 1-3 so less scenarios to eliminate... IF i find possible Wave 5 candidate I try to solve other relationships. I seldom use spreadsheet because easier to see bigger picture on a chart. Do you have any recommendations? Thanks

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Quoting HappyMe

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{quote} So, i worked it out step1: firstly we put the levels for wave [ i] to [ v] in the spreadsheet at "Imulse wave 3" step 2: second we put the levels for wave [ b] to [ c] /[ iii] in the spreadsheet at "impulse wave 2" step 3: thirth we put the levels for wave b to iii (within wave [ iii] in the spreadsheet at "impulse wave 1" And analog to this we also can do this for the wave [ v] ?! In the images you see the results of step 1, 2 and 3 If this is correct the we know what to fill in where... and we can go to the build process...and the projections...

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Quoting Ian Copsey

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{quote} Ok... what I do is a range of things... - I will always have a view on both - what should happen next - and how it should happen (structure) - I will be looking to see whether the development is constructive in terms of my next targets - I will look to see where alternation appears to be implied and after the alternation that there's a 3-wave move which would be the Wave v - Yes, then I'll start measuring. However, measuring is a requirement and not an option! - If the development is messy I'll look for potential 3-wave moves as they could...

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Quoting Ian Copsey

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{quote} Top marks... It really is a logical process!

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Quoting HappyMe

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I did the counting for the current new wave (Wave iv) I considered 1,3676 as the end of wave v of [ iii] I looked to alternation (wave ii and wave iv) Wave ii retraced deep with 85,29% then wave iv will likely be shallow (14,6% -> 1,3624 area) I wanted to give a look to wave v but I do not come futher then the given projections in the sheet... Wave (v) 61,80% 66,70% 76,40% 85,40% Projections 1,3860 1,3879 1,3916 1,3950 How can we get a better edge for the wave v or better what part of info is still hiding for me?! {image}

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Quoting Pipanator

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Does anyone know if W1 and WB have price and time similarities especially on cable? It would make sense as WB makes a new trend. This is not taught in the major books of elliott wave, however I do see similarties through my experience, but happens maybe 30-40% of the time.

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Quoting iwavetrade

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I've noticed this as well. In Neowave, time plays an important factor. B-waves should always consume the same amount or more time than the A-wave. I've found this hasn't held up well. At least in the land of forex. Glad this thread is making hay. Now I just wish USDJPY would turn south one more time so I don't regret not taking profit. XD It looks like it wants to touch the bottom of the triangle's trendline.

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Quoting Ian Copsey

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{quote} Interesting concept. It does of course depend on a definition the construction of a Wave A or Wave B. I have people telling me I'm spouting cr@p because they try and "reverse engineer" the ratios but use swing highs and lows and not count the way I do... I'm "doing battle" with one guy right now on LinkedIn! I have seen (and not too uncommonly) very, very, very, very (and I'll add one more very) brief Wave (b)'s of Wave (iii) that classic Elliotticians wouldn't even consider but the proof of the pudding has been in forecasting the Wave (iii)......

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Quoting Ian Copsey

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{quote} Well, Wave (a) projections are often the most tricky as there aren't any higher degree projection with which we can match. So it's a case of following the Wave [a] ... and then look for projections in Wave [v] and Wave v of [c]. Even then it can be tough as I find these ending moves can get a bit weird and noisy. My own thoughts are that the whole world, his mother, father, brother, sister, uncle, aunt, next door neighbour, hairdresser, dog, cat and mouse are all Euro bearish that they'll all be selling below 1.3832... However, it doesn't...

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Quoting HappyMe

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{quote} Thanks Ian. What the Bold thing concerns.....it's "just" a problem with internet-coding (HTML-language) "[ b ]" (without spaces) is making bold...and "[ i ]" (without spaces) is making cursief... I think it's easier to get another counting....or we have to write it as [ b ] and [ i ] (all with spaces) etc...

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Quoting HappyMe

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I did the counting for the current new wave (Wave iv) I considered 1,3676 as the end of wave v of [ iii] I looked to alternation (wave ii and wave iv) Wave ii retraced deep with 85,29% then wave iv will likely be shallow (14,6% -> 1,3624 area) I wanted to give a look to wave v but I do not come futher then the given projections in the sheet... Wave (v) 61,80% 66,70% 76,40% 85,40% Projections 1,3860 1,3879 1,3916 1,3950 How can we get a better edge for the wave v or better what part of info is still hiding for me?! {image}

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Quoting HappyMe

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{quote} Well well.... I counted 1.3624 area for the end of wave iv... It looks like we had a low of wave iv of 1.3619.... not bad I think.... We are now heading to 1.3684.... I'm very curious how this wave v is counted and developing

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Quoting iwavetrade

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{quote} Yea, and C wave time = (a+b)/2 USDJPY is touching upper trend line. That's a huge climb.

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Quoting Pipanator

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{quote} Where does this concept originate from? Do you mean this in the context of a bull market I assume? Do you know of any other time relationships?

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Quoting Ian Copsey

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{quote} When it goes right... it's a thing of beauty. When it goes wrong... like USDJPY today.... arghh...

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Quoting iwavetrade

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{quote} I have a question about labeling. I'm color blind so it's pretty hard for me to differentiate your charts. Would you be willing to give me a labeling progression? I'd like to use my own and be able to understand your charts better.

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