Elliott Wave Trading

The spreadsheet never included those lower ratios. In any case, the ratios can be overwritten. There are so many, while it's not impossible to have them right across the line, it is impractical in terms of matching upper & lower sections to match targets.

I probably won't write a second book about HEW but have an idea in mind for a book about forecasting but combining it with an update of my first book, Integrated Technical Analysis, because most people can't quite work out the methodology of filtering targets and filtering "apparent" trade areas using other techniques.

This is the correct variant. But the wave-(.e) has retraced the wave-(.d), just 23.7%-38.2%. Minimum target 1.3295.

Looks like there something ahead soon.

Until now as expected. A very strong move can happen after such a big 2nd wave. But watch out for volatility.

An irregular flat correction is taking shape in GBPJPY, one of more definite wave count forming amongst JPY pairs. Present wave C looks impulsive moving towards the bottom of wave a.

In my opinion, the correct variant for Eur-Usd.

we have one more high be carefull

So sad i hit my sl on this first timedid only manage to get 25% precent of the move profitably.

This is a bit sick but I made an EW count on my own performance

By alternation, AUSUSD has probably developed a year long wave (4) complex correction, as compare to the simple wave (2). This recoiling (distribution) effect would set stage for a prolonged (or extended) 5th wave down in completing larger wave C, when that correlates to present aussie fundamentals. The question is: Is wave (4) completed?

Posted elsewhere, but there are a lot of experts on this board so thought it was worth putting up here too.

I know there are a few on here who trade using EWT, so was hoping for some input on the following chart.
I have poured over the GBP/JPY chart this morning and this is my findings.
Firstly, the yellow trendlines are what I call my predominant trednlines. Blue ones are intermedate trendlines within bigger moves etc.
Looking at the following chart, I believe the GBP/JPY is in a descending range. We bounced off major ssupport trendlines in Jan 2012, from here I believe we are heading to the upper descending trendline.



link:

http://dl.dropboxusercontent.com/u/6..._-_18-8-14.png

Closer view:



http://dl.dropboxusercontent.com/u/6..._-_18-8-14.png

GBPJPY_-_Elliot_Wave_closer_-_18-8-14.png


I believe we could have completed a wave 1 on the way back up (??). I have put the intermediate waves in to show my thinking. From here I believe a triangle is forming, and if correct, a break on the downside for a wave 2 correction will be in play. I have forget what fib extension you should really be targetting for a wave 2 correction, but I have placed it between the 50 & 61.8% extensions from the swing high to swing low as shown on the chart. From there I have projected a wave 3 @ the 161.8% fib extension of Wave 1 (I have noted there is no real confluence at this part, s this is just an assumption - the previous high to low 61.8% fib (light green)@ [price] 19940/20000 is also a possibility). From there I have a wave 4 which does not breach the original wave 1 and from there a wave 5. The Wave 5 has several areas of confluence with the MAJOR low to high fib retracement of 23.6% along with the recent high to low retracement of 78.6% and perhaps more importantly the major descending trendline.
Of course I understand that the chances of this playing out as above is low, but I just would like to know that (1) my basic understanding of the theory is ok and (2) does anyone have a similar outlook?

Looking on the bright side of things, I wish you your equity curve grows in Elliott Wave proportion with massive extended waves on the way up.

GBPUSD long term count.

Excellent, very good job! I think that wave b, isn't finished.

any Harmonic elliot wave analyze update for EUR/USD ??
wonder how far the downside could be ??

EURNZD is performing the trade mark of Elliott Waves of long term 5 waves up and 3 waves down.

On the near term, it is finding it's way to the 61.82% Fibonacci retracement level.

as we achieved our TP on e/ u We are still waiting for clear signals to any direction lets us wait and see trends is our friends

Well, this is it. The downtrend was finished. Now will follow the correction.

Oops! Must we waiting.

Present impulse wave count on GBPUSD shows this pair has the ability to go full stretch on Fibonacci Ratio. When wave (iii) is nearly equal but slightly longer than wave (i), this count is intact and wave (5) will probably reach 161% x 0-(iii) or more, with the Fib ratios TP clustered under 1.6220.