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Harmonic Elliott Wave (HEW)

  • #61
  • Feb 6, 2014 5:19pm Feb 6, 2014 5:19pm
Quoting corcodel
{image}
here's my view on gold....sorry don't know how to label accordingly to Elliott

http://www.mql5.com/en/charts/141795...al-markets-pty
Wooooohooooo or Boooooohooooo
  • #62
  • Feb 6, 2014 9:47pm Feb 6, 2014 9:47pm
Quoting bizbop
I've made a count of wave a of iii on the hourly chart. I think the alternation shows up better. {image}
Ah... I haven't seen a Wave v above 85.4% - 90%.... so that tends to weaken the argument.
No I haven't got the wave structure wrong! I've corrected it!
  • #63
  • Feb 7, 2014 1:09am Feb 7, 2014 1:09am
Rookie mistake, I was just forcing a count. I'll have another look over the weekend. Probably a much shorter wave a and longer wave c in wave iii.
Thanks for the comments.
  • #64
  • Edited 12:27pm Feb 7, 2014 10:19am | Edited 12:27pm
Wellwell...that was again a hell of ride today...

I really hope this was the end of wave iv if so then we can go down in wave v

Well If my HEW-count is correct.... 1,3618 was the high (wave ii)... down in wave iii to 1.3501-1.3490


mhhhh....I'm curious if I'm right....


EDIT: I was to quick I believe.... the range for stalling wave ii is given in the spreadsheet...and that area of stalling is between: 1.3603-1.3632
after that we can accept a down-move for wave a in wave iii in wave v (Wave a / iii / v)
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You can manage risk, but you can't manage the return
  • #65
  • Feb 7, 2014 1:03pm Feb 7, 2014 1:03pm
What are your plans if it breaks 1.3655?

I'm wondering if it's possible for the large rally that happened all this week to be wave II or wave B of a bigger pattern.

At the same time, what worries me are the expanding trendlines I have drawn. In Neowave, this looks like a possible expanding triangle which means we're traveling on the E-wave up.
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  • #66
  • Feb 7, 2014 2:36pm Feb 7, 2014 2:36pm
Quoting iwavetrade
What are your plans if it breaks 1.3655? I'm wondering if it's possible for the large rally that happened all this week to be wave II or wave B of a bigger pattern. At the same time, what worries me are the expanding trendlines I have drawn. In Neowave, this looks like a possible expanding triangle which means we're traveling on the E-wave up. {image}
well if price goes bejond 1.3655 then I need to close my sell.
The structure is then broken I guess....because the bounderies are broken....

Are Expanding triangles part of HEW.....?! Maybe I'm wrong but Ididn't read about it in the HEW book

The trendlines you are drawing are I believe no trendlines. I was looking to a video from Ian and I think in his view it's not a trendline......


If I'm wrong please correct me
You can manage risk, but you can't manage the return
  • #67
  • Feb 7, 2014 2:58pm Feb 7, 2014 2:58pm
Quoting HappyMe
{quote} well if price goes bejond 1.3655 then I need to close my sell. The structure is then broken I guess....because the bounderies are broken.... Are Expanding triangles part of HEW.....?! Maybe I'm wrong but Ididn't read about it in the HEW book The trendlines you are drawing are I believe no trendlines. I was looking to a video from Ian and I think in his view it's not a trendline...... If I'm wrong please correct me
They're not trend lines but when considering a triangle they are not really trend lines but identifying a pattern. Having said that few triangles touch the lines on any Wave ^e.

Having said that, I also don't think it's an expanding triangle as the Wave ^c leg was impulsive... I called that one ok.
No I haven't got the wave structure wrong! I've corrected it!
  • #68
  • Feb 7, 2014 5:31pm Feb 7, 2014 5:31pm
Quoting HappyMe
{quote} well if price goes bejond 1.3655 then I need to close my sell. The structure is then broken I guess....because the bounderies are broken.... Are Expanding triangles part of HEW.....?! Maybe I'm wrong but Ididn't read about it in the HEW book The trendlines you are drawing are I believe no trendlines. I was looking to a video from Ian and I think in his view it's not a trendline...... If I'm wrong please correct me
That's why I said, "In Neowave", Glenn Neely's additions to Elliott Wave.

As Ian said, they are there to show a possible emerging pattern.


I'm just keeping an eye on
  • #69
  • Feb 8, 2014 9:42am Feb 8, 2014 9:42am
Quoting iwavetrade
{quote} That's why I said, "In Neowave", Glenn Neely's additions to Elliott Wave. As Ian said, they are there to show a possible emerging pattern. I'm just keeping an eye on
ah oke....I understand
You can manage risk, but you can't manage the return
  • #70
  • Feb 8, 2014 9:57am Feb 8, 2014 9:57am
Today I was looking to the EUR/USD and trying to get the count correct for the last moves.
And ofcourse the question.... are we at the top now... I think we are... and entered in the last minutes of the week the wave iii. I did the counting and the measuring. Well I'm curious what you all are thinking...

What do you think am I correct with the counting?
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You can manage risk, but you can't manage the return
  • #71
  • Feb 9, 2014 4:54pm Feb 9, 2014 4:54pm
Some equity markets peaked in September 2000 and then corrected. However the FTSE peaked 9 months earlier. In that 9 months it corrected and recovered. It then corrected with all the rest. So I think the early 2000 correction was a wave (a). and the September 2000 correction was a wave (c). I'll have to check the following years, but it would fit in with a flat correction finishing in March 2009.
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  • #72
  • Feb 11, 2014 5:00am Feb 11, 2014 5:00am
Quoting gnomoneey
{quote} here's my view on gold....sorry don't know how to label accordingly to Elliott http://www.mql5.com/en/charts/141795...al-markets-pty
update on gold

http://www.mql5.com/en/charts/143751...al-markets-pty
Wooooohooooo or Boooooohooooo
  • #73
  • Feb 11, 2014 5:40am Feb 11, 2014 5:40am
Quoting gnomoneey
{quote} update on gold http://www.mql5.com/en/charts/143751...al-markets-pty
And what are your precise targets, near term?
No I haven't got the wave structure wrong! I've corrected it!
  • #74
  • Feb 11, 2014 5:47am Feb 11, 2014 5:47am
Quoting Ian Copsey
{quote} And what are your precise targets, near term?
1307 first then see what reaction is...
Wooooohooooo or Boooooohooooo
  • #75
  • Feb 11, 2014 6:08am Feb 11, 2014 6:08am
Quoting gnomoneey
{quote} 1307 first then see what reaction is...
Actually, this is an HEW forum where the objective is to identify each wave and where it will stall. "Up" or "Down" are for the traditional EW guys...
No I haven't got the wave structure wrong! I've corrected it!
  • #76
  • Feb 11, 2014 6:56am Feb 11, 2014 6:56am
Quoting Ian Copsey
{quote} Actually, this is an HEW forum where the objective is to identify each wave and where it will stall. "Up" or "Down" are for the traditional EW guys...
sorry I will go
good luck

G
Wooooohooooo or Boooooohooooo
  • #77
  • Feb 12, 2014 1:55pm Feb 12, 2014 1:55pm
Trying to piece together the 30 year puzzle. I Think we're in the final wave (c) of wave (v) higher. 100% projection in wave (c) and 66% projection in wave (v) would get us to 7151 to 7164. Difficult to check pre-1999 waves without intraday data.
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  • #78
  • Feb 13, 2014 4:52am Feb 13, 2014 4:52am
Hi,

Again the EURUSD isn't moving how we anticipating.....
In my view we now have to deal with an expanding flat correction... are we?!
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You can manage risk, but you can't manage the return
  • #79
  • Feb 13, 2014 7:08am Feb 13, 2014 7:08am
Quoting HappyMe
Hi, Again the EURUSD isn't moving how we anticipating..... In my view we now have to deal with an expanding flat correction... are we?! {image}
It's certainly bugging me... a flat correction would be very bullish... Have you considered a double ZZ?
No I haven't got the wave structure wrong! I've corrected it!
  • #80
  • Feb 13, 2014 7:29am Feb 13, 2014 7:29am
it's c up and c down
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