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Elliott Wave Trading

  • #6,521
  • Jan 7, 2014 12:55am Jan 7, 2014 12:55am
Quoting infinitus
{quote} when will you start reading a FIRST book about EW, so that we all in the different EW threads are in no need to explain the very basics? Just curious......
In the absence of a like button ... "LIKE"
No I haven't got the wave structure wrong! I've corrected it!
  • #6,522
  • Jan 7, 2014 1:12am Jan 7, 2014 1:12am
Quoting Ian Copsey
{quote} R.N.'s rule were: Wave 2 will never retrace beyond the start of Wave 1 Wave 3 will never be the shortest of Waves 1, 3 & 5 The extremes of Wave 1 and Wave 4 will never overlap Wave a and Wave c are 5-wave moves - and the rules relate to those also. (Wave a excepting if it's in a complex... and I hate the plain Wave a labeling - it should be labeled better as Wave FA or Wave EFA or Wave ^A to make it clear IMO.) "if 1 = (a-b-c)2 = 3 = (-a-b-c)4 = 5 in a -c- wave how can we differentiate it with impulsive movement before next move start after...
Sorry I intervene , but this rules are from impulse wave .
Wave-a and wave-c are 5-waves moves , in a zig-zag .
Wave-a and wave-b are 3-waves moves and wave-c are 5-waves moves , in a flat .
  • #6,523
  • Jan 7, 2014 1:17am Jan 7, 2014 1:17am
Quoting ovidiu_gnt
{quote} Sorry I intervene , but this rules are from impulse wave . Wave-a and wave-c are 5-waves moves , in a zig-zag . Wave-a and wave-b are 3-waves moves and wave-c are 5-waves moves , in a flat .
So are you asking how we know when the correction will complete?
No I haven't got the wave structure wrong! I've corrected it!
  • #6,524
  • Jan 7, 2014 2:09am Jan 7, 2014 2:09am
Quoting Ian Copsey
{quote} R.N.'s rule were: Wave 2 will never retrace beyond the start of Wave 1 Wave 3 will never be the shortest of Waves 1, 3 & 5 The extremes of Wave 1 and Wave 4 will never overlap Wave a and Wave c are 5-wave moves - and the rules relate to those also. (Wave a excepting if it's in a complex... and I hate the plain Wave a labeling - it should be labeled better as Wave FA or Wave EFA or Wave ^A to make it clear IMO.) "if 1 = (a-b-c)2 = 3 = (-a-b-c)4 = 5 in a -c- wave how can we differentiate it with impulsive movement before next move start after...
Quoting infinitus
{quote} when will you start reading a FIRST book about EW, so that we all in the different EW threads are in no need to explain the very basics? Just curious......
im trying to forgot all the guideline provided by the book creators.
my premature hypotesises are:
1. RN Elliott 3 basic rules is absolutely correct and happens in market.
2. Prechter x waves occurance is correct and happens in market (sometime)
3. Ian Copsey 3 wave moves relationship is correct and happen in market.
4. my deductive, those parts of 3 wave moves will never exceed 200% ratio between same direction, if happen then it become a bigger cycle part. => this maybe those x waves occurance.
5. my deductive, those parts of 5 wave moves can exceed 200% but it will be always become 1 part of the 3 segment of the biggest picture/ biggest cycle.

PS: this is premature.
i mean in the very biggest cycles, we won't see 5 wave segment relation, but we will see 3 wave segment which one or two of it can consist of 5 wave move.

Quote
"if 1 = (a-b-c)2 = 3 = (-a-b-c)4 = 5 in a -c- wave how can we differentiate it with impulsive movement before next move start after current -c- ends?" What does that question mean?
there's an early observation from my eyes that c wave in 5 wave non overlap is countertrend:
1. it may not goes past the end of the fourth wave/ c wave of the previous corrected move.
2. if it goes past, then
a. change direction of trend or
or
b. become complex segment which will end at proper place as point 1 stated.

Warning, this is an early premature hypotesis. don't trade this idea.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,525
  • Jan 7, 2014 2:48am Jan 7, 2014 2:48am
Quoting ud1nh0
{quote} {quote} im trying to forgot all the guideline provided by the book creators. my premature hypotesises are: 1. RN Elliott 3 basic rules is absolutely correct and happens in market. 2. Prechter x waves occurance is correct and happens in market (sometime) 3. Ian Copsey 3 wave moves relationship is correct and happen in market. 4. my deductive, those parts of 3 wave moves will never exceed 200% ratio between same direction, if happen then it become a bigger cycle part. => this maybe those x waves occurance. 5. my deductive, those parts of 5...

hmm? thats almost same as Dow theory?
i will try to find dow theory materials
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,526
  • Jan 7, 2014 4:28am Jan 7, 2014 4:28am
Quoting ud1nh0
{quote} {quote} im trying to forgot all the guideline provided by the book creators. my premature hypotesises are: 1. RN Elliott 3 basic rules is absolutely correct and happens in market. 2. Prechter x waves occurance is correct and happens in market (sometime) 3. Ian Copsey 3 wave moves relationship is correct and happen in market. 4. my deductive, those parts of 3 wave moves will never exceed 200% ratio between same direction, if happen then it become a bigger cycle part. => this maybe those x waves occurance. 5. my deductive, those parts of 5...
Prechter's additions are only there because he couldn't argue for his wave count. Does it allow accurate forecasting (of targets) in advance? Hell no... It's always retrospective. If something cannot be forecast then its value goes down a long, long way. My biggest battle with the professional market has been trying to get them to understand that accurate forecasting is possible - but they all hate CEW because it can't forecast.

You've seen what HEW can do... BTW, as an addendum to that - before Xmas I forecast exactly what has happened in EURUSD...
No I haven't got the wave structure wrong! I've corrected it!
  • #6,527
  • Jan 7, 2014 4:41am Jan 7, 2014 4:41am
Quoting Ian Copsey
{quote} Prechter's additions are only there because he couldn't argue for his wave count. Does it allow accurate forecasting (of targets) in advance? Hell no... It's always retrospective. If something cannot be forecast then its value goes down a long, long way. My biggest battle with the professional market has been trying to get them to understand that accurate forecasting is possible - but they all hate CEW because it can't forecast. You've seen what HEW can do... BTW, as an addendum to that - before Xmas I forecast exactly what has happened...

yes, but your forecast is missed. it break 1.3832 before new year
just kidding.

anyway, im not trying to prove HEW wrong or CEW wrong or DOW theory wrong (this one is new finding for me).
two of many question in my mind pop up rite now. Is 5-3-5 and and 3-3-5 is fixed formation pattern?
a. is there any fixed formations other than those 2 that do not break R.N Elliot 5 wave move and HEW n DOW 3 wave move ? like 3-5-5 or 3-5-3 or 5-5-3 or 3-3-3 or other combination.
b. is there a relation between two or three of 3 wave movement?if yes, what is the exact rules.
example 3-3-5 followed by 5-3-5 or 3-3-5 followed by 3-3-5..

that's like soccer formation
mysterious world of waves..
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,528
  • Jan 7, 2014 11:46am Jan 7, 2014 11:46am
Quoting ud1nh0
{quote} yes, but your forecast is missed. it break 1.3832 before new year just kidding. anyway, im not trying to prove HEW wrong or CEW wrong or DOW theory wrong (this one is new finding for me). two of many question in my mind pop up rite now. Is 5-3-5 and and 3-3-5 is fixed formation pattern? a. is there any fixed formations other than those 2 that do not break R.N Elliot 5 wave move and HEW n DOW 3 wave move ? like 3-5-5 or 3-5-3 or 5-5-3 or 3-3-3 or other combination. b. is there a relation between two or three of 3 wave movement?if yes,...
Go read a book on Elliott Wave... it details all this...
No I haven't got the wave structure wrong! I've corrected it!
  • #6,529
  • Jan 7, 2014 10:32pm Jan 7, 2014 10:32pm
my gold view
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  • #6,530
  • Jan 7, 2014 10:53pm Jan 7, 2014 10:53pm
Quoting corcodel
my gold view {image}
Wave -iii- of Wave a of Wave (v) of Wave c looks considerably shorter then 176.8% expansion of Wave -i-. Your wave -iii- may be Wave -a- of that wave -iii-.
  • #6,531
  • Jan 7, 2014 11:04pm Jan 7, 2014 11:04pm
Quoting Ian Copsey
{quote} Go read a book on Elliott Wave... it details all this...
Very good answer !
  • #6,532
  • Jan 7, 2014 11:40pm Jan 7, 2014 11:40pm
Quoting Almondeyed
{quote} Wave -iii- of Wave a of Wave (v) of Wave c looks considerably shorter then 176.8% expansion of Wave -i-. Your wave -iii- may be Wave -a- of that wave -iii-.

exactly ......my mistake
  • #6,533
  • Jan 8, 2014 12:57am Jan 8, 2014 12:57am
Quoting ud1nh0
{quote} {quote} 5. my deductive, those parts of 5 wave moves can exceed 200% but it will be always become 1 part of the 3 segment of the biggest picture/ biggest cycle.
this occurs on movement more than 100 %
but movement should be trending 5-3-5

experimental chart labelling.
a always 5
c always 5
c should not go more than 100 of a
i don't know how much possible extending can happen, rite now following max 2.

if not then become 1 segment ( lets call it i white or A)
if yes, then like rule waterfall zz, until it stop before 100 extention.

projection is 1 complete segment the most low max maybe 4.235 (standard fib ext max) or 61.8 x 8.
why 8? just random pick, coz 8 bit. don't think it so hard. its experimental
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14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,534
  • Jan 8, 2014 10:16am Jan 8, 2014 10:16am
Hopefully we're seeing the last breaths of a wave-c down in EURUSD on the hourly chart.

I'm starting to see divergence on the 4h default macd settings as well.
  • #6,535
  • Jan 8, 2014 11:31am Jan 8, 2014 11:31am
triple flat followed by C upward in weekly and monthly chart, zero point at 1.51xx. 1.28xx, 1.42xx.1.20xx
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,536
  • Jan 8, 2014 7:16pm Jan 8, 2014 7:16pm
Quoting ud1nh0
triple flat followed by C upward in weekly and monthly chart, zero point at 1.51xx. 1.28xx, 1.42xx.1.20xx

that did not follow x wave rule on the book...
anyway...zigzag 1.16 till 1.51, then flat...till 1.28xx
the rest i see as flat up flat down and c wave up (or x waves)
what is x waves actually? x waves maybe a c wave in 3 wave move theory..
http://travellingswallowing.files.wo...euro-month.gif
above chart count from me is zigzag 5-3-5 end at black 1.
then the b wave flat end at W black letter, then the c wave end at x black.
from here, it should be a new segment
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,537
  • Jan 8, 2014 8:08pm Jan 8, 2014 8:08pm
If $GBPAUD holds 1.8500, completes this H&S and makes a run on the 1.8225 neckline,
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  • #6,538
  • Jan 9, 2014 2:43am Jan 9, 2014 2:43am
hi, i m new to elliott wave i hope i have done it right.
this is gold 1h chart
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  • #6,539
  • Jan 9, 2014 3:41pm Jan 9, 2014 3:41pm
Quoting ud1nh0
{quote} this occurs on movement more than 100 % but movement should be trending 5-3-5 experimental chart labelling. a always 5 c always 5 c should not go more than 100 of a i don't know how much possible extending can happen, rite now following max 2. if not then become 1 segment ( lets call it i white or A) if yes, then like rule waterfall zz, until it stop before 100 extention. projection is 1 complete segment the most low max maybe 4.235 (standard fib ext max) or 61.8 x 8. why 8? just random pick, coz 8 bit. don't think it so hard. its experimental...

looks like the first 5-3-5 (lets call it A) -Primary zero point of trend- that break beyond 100 extention of the first 5 will create a 3 wave B segment that the b wave of the A will decide will the C (5 wave) should break extreme A end point or not. this did not happen in flat i think...3-3-5 will be created by small 5-3-5...
if only i can do programing, i want to simulate this rules into automatic charting.
14QDuJtV7okxhBzC86FwawaR6tV5LvetLq
  • #6,540
  • Jan 9, 2014 3:53pm Jan 9, 2014 3:53pm
Quoting ud1nh0
{quote} looks like the first 5-3-5 (lets call it A) -Primary zero point of trend- that break beyond 100 extention of the first 5 will create a 3 wave B segment that the b wave of the A will decide will the C (5 wave) should break extreme A end point or not. this did not happen in flat i think...3-3-5 will be created by small 5-3-5... if only i can do programing, i want to simulate this rules into automatic charting.

???
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