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Harmonic Elliott Wave (HEW)

  • #501
  • Mar 8, 2016 1:32pm Mar 8, 2016 1:32pm
DOW 15M Chart:
H&S Top?

Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160308 15M [3].png Size: 61 KB
Wait, or you will be slaughtered!
  • #502
  • Mar 8, 2016 2:23pm Mar 8, 2016 2:23pm
Quoting Uturn2
DOW 15M Chart: H&S Top? Cheers, U2 {image}
Hi Uturn,

You are doing a good job here!!

I don't follow the DOW but a quick look to your count is giving me some questionsmarks.... See the red text in the chart below.

Do you also measure the waves with the excel sheet, and what are the measurments and projections you have?
Are the minor waves fitting into the major waves with correct measurments and projection ratios?

Regards, Guido
Attached Image (click to enlarge)
Click to Enlarge Name: DOW.jpg Size: 137 KB
You can manage risk, but you can't manage the return
  • #503
  • Mar 9, 2016 3:59am Mar 9, 2016 3:59am
Quoting HappyMe
{quote} Hi Uturn, You are doing a good job here!! I don't follow the DOW but a quick look to your count is giving me some question marks.... See the red text in the chart below. Do you also measure the waves with the excel sheet, and what are the measurements and projections you have? Are the minor waves fitting into the major waves with correct measurements and projection ratios? Regards, Guido {image}

Hi Guido,

Thanks for the feedback.
I am using the spreadsheet, but as you say,
there is something not quite right with the wave i and ii.

The lower problem is an abc Expanded Flat Correction,
which I think is ok.

Cheers,
U2
Wait, or you will be slaughtered!
  • #504
  • Mar 9, 2016 4:05am Mar 9, 2016 4:05am
DOW 15M Chart:
Correction continues,
or wave (iii) underway?
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160309 15M [1].png Size: 105 KB
Wait, or you will be slaughtered!
  • #505
  • Edited 7:07am Mar 9, 2016 4:33am | Edited 7:07am
Quoting Uturn2
{quote} Hi Guido, Thanks for the feedback. I am using the spreadsheet, but as you say, there is something not quite right with the wave i and ii. The lower problem is an abc Expanded Flat Correction, which I think is ok. Cheers, U2
" The lower problem is an abc Expanded Flat Correction, which I think is ok."....
ahja....could be....complex structures as flat, expanded flat can only be corrections... (so only wave ii or wave iv or wave b's) correct! I didn't saw this possibility in my quick view. As you measured it then it could be oke yes!

Good luck!!

I'm now in two trades with the EURUSD and the Cable.... I haven't update my blog with both trades. Hopefully this evening I have time for that...
Anyway EURUSD went nice for now....With Cable I'm currently in negative territory but I expect also a flat in blue the wave b (it mus be at a turn-around down around this time....)
Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSD,H1.jpg Size: 78 KB
You can manage risk, but you can't manage the return
  • #506
  • Edited 8:41am Mar 9, 2016 8:26am | Edited 8:41am
Quoting HappyMe
{quote} " ..... I'm now in two trades with the EURUSD and the Cable.... I haven't update my blog with both trades. Hopefully this evening I have time for that... Anyway EURUSD went nice for now....With Cable I'm currently in negative territory but I expect also a flat in blue the wave b (it mus be at a turn-around down around this time....) {image}
Both trades still running as expected. I'm now struggling with my SL.

For the EURUSD we approaching the start of the wave ii...at least tomorrow we get him. Dragi need to do his thing and of course would be volatility. Is it wise to put the SL just above the wave b? Anyway a wave ii can be deep...nobody knows... For my r:r that would be no problem. If we break the (b) well then the count is wrong ...anyway the wave b could get a little higher without breaking any rules.
I now placed my TP roughly around 1,0350-1.036...(end of wave c/iii) anyway that is much to deep....I want to get out at the end of wave a of b of wave iii in case of a deep wave b (phhh can anybody follow this wave x of y of wave a => see also the chart below. Anyway after wave ii of b of wave iii shows up...I see a clearer Target I guess, that will be tomorrow...

For the GBPUSD the same thing. Is at the moment in positive territory Was the wave v indeed the high? I think so....so I'm thinking of putting the SL here also just above the wave (v). TP is already clear because I anticipate of an expected leg ^B in the triangle... (well it's a leg ^B so this is a correction, can be a straight abc or a complex correction....can be a choppie road...

Anyway after the volatility and if the market goes as I expected SL must be placed at least below entry point or something.

Well managing running trades is also gives my a headache ....
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD,H1.jpg Size: 130 KB
You can manage risk, but you can't manage the return
  • #507
  • Mar 10, 2016 2:22am Mar 10, 2016 2:22am
Quoting HappyMe
{quote} .......For the GBPUSD the same thing. Is at the moment in positive territory Was the wave v indeed the high? I think so....so I'm thinking of putting the SL here also just above the wave (v). TP is already clear because I anticipate of an expected leg ^B in the triangle... (well it's a leg ^B so this is a correction, can be a straight abc or a complex correction....can be a choppie road... Anyway after the volatility and if the market goes as I expected SL must be placed at least below entry point or something. Well managing running trades...
Well the GBPUSD trade ended for me with a BE. I did read the Blog of Ian Copsey, where he is suggesting the next probably moves for the GBPUSD. After reading I lowered my SL to just BE. and the market toke my SL. If I understand it correctly GBPUSD can move any direction at the moment....

If you are interested in HEW.... You can look to the blog of Ian "http://harmonicelliottwave.blogspot.nl/".
You can manage risk, but you can't manage the return
  • #508
  • Mar 10, 2016 4:03am Mar 10, 2016 4:03am
DOW 1H Chart:
Triangle ratios look ok.
May be wave b?

Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160310 1H [1].png Size: 57 KB
Wait, or you will be slaughtered!
  • #509
  • Mar 10, 2016 12:35pm Mar 10, 2016 12:35pm
DAX Daily Chart

Looking for an abc move down to below the wave iii to complete wave -a- of wave -iii-. I think we'll get a strong correction in wave -b-.
Attached Image (click to enlarge)
Click to Enlarge Name: _GXDaily.png Size: 25 KB
  • #510
  • Edited 2:22am Mar 11, 2016 2:07am | Edited 2:22am
What a mess after the announcement and meeting... The count I had is destroyed I believe...

Yesterday I tried to reviewed the count, fitting and measuring the moves into the bigger picture (for EURUSD). But unfortunately I can't see/find a count that can validate this..... Does anybody have a new view on the HEW count for EURUSD?

At the moment the pair The pair looks strong bullish anyway...I always thought that if the ECB would lower the interest rate the EUR normaly goes lower......huh?! well...Yesterday was just a strange day!!
You can manage risk, but you can't manage the return
  • #511
  • Edited 4:09am Mar 11, 2016 3:55am | Edited 4:09am
Quoting HappyMe
What a mess after the announcement and meeting... The count I had is destroyed I believe... Yesterday I tried to reviewed the count, fitting and measuring the moves into the bigger picture (for EURUSD). But unfortunately I can't see/find a count that can validate this..... Does anybody have a new view on the HEW count for EURUSD? At the moment the pair The pair looks strong bullish anyway...I always thought that if the ECB would lower the interest rate the EUR normaly goes lower......huh?! well...Yesterday was just a strange day!!
Again I looked for a review in the HEW count.... I can't let it go

Maybe this is a possibility... look for the red-count.
I placed the wave (i) end (ii) a little higher. (was before wave (a)/(i) amd (b)/(i). The current high is then still below the wave (ii).
Because I can't fit 5-waves to the low into the bigger picture....and the current top is just below the new wave (ii). There can no wave (b)/(iii) between the new (ii) and the current High (in case the current high a iv....?) that is breaking rules....... (wave iv normally not breach the wave b/iii, or comes close to it. Well then the only solution I see (at the moment) that we just saw a Hugh flat and so we just saw wave (b)/(iii). I believe this can also fit in the bigger picture.

Anyway I didn't check the waves in the new wave (a)/(iii) and I didn't checked the wave fc of yesterday....that must then a 5-wave move, fa is a simple zig-zag (abc) so that would fit, fb....that only can be a double,tripple or whatever..it's a corection...)

So guys...what are you thinking of this count?


Edit:
The measuring of the current wave is working out for now.... look at the sheets (red = estimated targets)
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EURUSD,H1.jpg Size: 139 KB
Click to Enlarge Name: sheet1.jpg Size: 122 KB
Click to Enlarge Name: sheet2.jpg Size: 130 KB
You can manage risk, but you can't manage the return
  • #512
  • Mar 11, 2016 8:25am Mar 11, 2016 8:25am
Hi HM,
Been flat out trying to make sense of the DOW,
and don't have a count for EU.
We do know that b waves are the wildcard in the wave pack,
and that they can accommodate announcement swings.
Your wave (b) looks ok.

Cheers, U2
Wait, or you will be slaughtered!
  • #513
  • Mar 11, 2016 9:23am Mar 11, 2016 9:23am
DOW 4H Chart:
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160311 4H [1].png Size: 37 KB
Wait, or you will be slaughtered!
  • #514
  • Mar 11, 2016 9:28am Mar 11, 2016 9:28am
DOW 15M Chart:
17381 - 82 Top?
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160311 15M [1].png Size: 38 KB
Wait, or you will be slaughtered!
  • #515
  • Mar 11, 2016 9:31am Mar 11, 2016 9:31am
DOW 2M Chart:
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160311 2M [1].png Size: 29 KB
Wait, or you will be slaughtered!
  • #516
  • Mar 11, 2016 10:12am Mar 11, 2016 10:12am
DOW DLY Chart:
Very close to the 76.4% retrace of wave c ~17208
May be the Top?
Cheers,
U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160311 DLY [1].png Size: 55 KB
Wait, or you will be slaughtered!
  • #517
  • Edited 11:10am Mar 11, 2016 10:43am | Edited 11:10am
DOW 5M Chart:
Topped?
Short 17198
[very small position with tight stop]
Cheers,
U2

Edit: Chart updated
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160311 5M [1].png Size: 35 KB
Wait, or you will be slaughtered!
  • #518
  • Mar 13, 2016 4:22am Mar 13, 2016 4:22am
DAX Update

The wave iv appears not to be complete. The deep pullback has broken a possible 5-wave count lower.
The move up from 9390 looks corrective so we might well get a move back down to 9390 or below before a final move up.
The 50% wave iv retracement is 10176.
  • #519
  • Mar 14, 2016 2:04pm Mar 14, 2016 2:04pm
Great Thread!
I'm learning the HEW counting and this thread is a good help. Hope in the future can share my progress.
  • #520
  • Edited 3:01pm Mar 15, 2016 2:49pm | Edited 3:01pm
DOW 5M Chart:
Wave b complete?
Cheers, U2
Attached Image (click to enlarge)
Click to Enlarge Name: DOW 160315 5M [1].png Size: 55 KB
Wait, or you will be slaughtered!
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