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Attachments: Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades
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Neely's NeoWave on €$, DXY, DAX & Bund: analysis & trades

  • #161
  • Jun 1, 2015 2:08pm Jun 1, 2015 2:08pm
Quoting skyhok
Due to sharp decline since May 2014 top, and the presence of a 5th wave extension (wave v) within wave (3), PA of EURUSD Daily would most likely be a larger complex 3 waves 3-3-5 correction (4) that takes it back to 61.82% retracement of (3). "The 5th Wave Extension is the only extended wave which should be consistently retraced more than 61.82% by the next wave of the same Degree no matter what part of a larger scale the 5th wave is. ..." Ref.: MEW Neely p. 10-10 {image}
AHH ok, maybe this answer my question...on daily TF you are pointing to the late termination on the directional move...can be interperted like that? going to read better this thread...thanks a lot for your perspective! all the best
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  • #162
  • Jun 1, 2015 4:55pm Jun 1, 2015 4:55pm
Quoting xandi
{quote} AHH ok, maybe this answer my question...on daily TF you are pointing to the late termination on the directional move...can be interperted like that? going to read better this thread...thanks a lot for your perspective! all the best {image}
Very interesting article, may I ask the reference or where can u find this ?
Elliott Wave for optimum entry, exit and risk management of trades
  • #163
  • Jun 1, 2015 6:06pm Jun 1, 2015 6:06pm
Quoting xandi
Master!! everything good&coll bro!!? hope so.. I have this question, and like Im still learning, I remebered you! I have this chart on 1hour Time frame for EurUsd, accordling to wave theory, in this situation you this the retracement is over and eurusd will return the bullish trend? thanks in advance {image}
Very likely present price action is still in middle of complex wave b, being part of a 3-3-5 waves correction (4).
Attached Image (click to enlarge)
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Elliott Wave for optimum entry, exit and risk management of trades
  • #164
  • Jun 2, 2015 3:41am Jun 2, 2015 3:41am
Quoting skyhok
{quote} Very likely present price action is still in middle of complex wave b, being part of a 3-3-5 waves correction (4). {image}
you are amazing!! I find hard to study the book, have to print it and take an year to fully understand it!!!
until there, fortunatelly we have the little Master here!

By the way, no surprise, you were are tottaly right, 1.1030 already taken, your chart speaks for itselfs!!brilliant!
the article I post above is from the book, section of Directional and non-directional action! I have it scan, if you want!
thanks many thanks and everything attention and care too much appreciated*
all the best bro, and have a nice time*
  • #165
  • Edited 3:12pm Jun 3, 2015 10:36am | Edited 3:12pm
USDJPY monthly - Present advance from Feb 2012 low as an impulse wave (c) of an irregular flat correction could extend well beyond 148.80 ( 101% x wave (b) requirement) or well above the top of wave (a).
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In fact, the next level of long term resistance is at 159.869 :
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Elliott Wave for optimum entry, exit and risk management of trades
  • #166
  • Jun 3, 2015 10:54pm Jun 3, 2015 10:54pm
USOil is another example of a 5th wave extension (here wave [v]) in previous wave (3), which will eventually be retraced more than 61.82% x (3).
Thus, setting up for a termination of correction (4) towards 77.80s.
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"The 5th Wave Extension is the only extended wave which should be consistently retraced more than 61.82% by the next wave of the same Degree
no matter what part of a larger scale the 5th wave is. ..." Ref.: MEW Neely p. 10-10
Elliott Wave for optimum entry, exit and risk management of trades
  • #167
  • Edited 8:03pm Jun 15, 2015 5:16pm | Edited 8:03pm
USOil in the middle of a multi-year flat correction.
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Elliott Wave for optimum entry, exit and risk management of trades
  • #168
  • Jun 19, 2015 11:39pm Jun 19, 2015 11:39pm
Attached Image
  • #169
  • Jun 19, 2015 11:40pm Jun 19, 2015 11:40pm
Attached Image (click to enlarge)
Click to Enlarge Name: 6 19 eur usd daily.PNG Size: 23 KB
  • #170
  • Jun 23, 2015 3:02pm Jun 23, 2015 3:02pm
.
Attached File(s)
File Type: mq4 FX5_NeelyElliotWave_v1.2.mq4   19 KB | 501 downloads
File Type: mq4 NW Intrady.mq4   18 KB | 455 downloads
File Type: mq4 NW H4.mq4   18 KB | 485 downloads
File Type: mq4 NW M30 H1.mq4   18 KB | 452 downloads
File Type: mq4 NW Daily.mq4   18 KB | 455 downloads
  • #171
  • Jul 6, 2015 9:09pm Jul 6, 2015 9:09pm
There's hope in Shanghai A, but it takes time.
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Elliott Wave for optimum entry, exit and risk management of trades
  • #172
  • Jul 29, 2015 6:26pm Jul 29, 2015 6:26pm
short time frame

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  • #173
  • Nov 17, 2015 11:52pm Nov 17, 2015 11:52pm
Another great example (AUDNZD) of Neely's EW guideline applied in trading FX or any other markets, well tested and traded with by myself :

"The 5th Wave Extension is the only extended wave which should be consistently retraced more than 61.82% by the next wave of the same Degree
no matter what part of a larger scale the 5th wave is. ..." Ref.: MEW Neely p. 10-10

Attached Image (click to enlarge)
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Now retracing on correction (ii) & setup long near 0.6182 retracement for the trend on impulse (iii).
Elliott Wave for optimum entry, exit and risk management of trades
  • #174
  • Nov 18, 2015 2:15pm Nov 18, 2015 2:15pm
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eur/usd should be bellow 1.0000 this time next year
  • #175
  • Nov 18, 2015 2:22pm Nov 18, 2015 2:22pm
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for me.... neowave is the only wave
  • #176
  • Nov 30, 2015 9:05pm Nov 30, 2015 9:05pm
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  • #177
  • Mar 11, 2016 2:44am Mar 11, 2016 2:44am
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  • #178
  • Jul 8, 2016 4:53am Jul 8, 2016 4:53am
keep it alive
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  • #179
  • Oct 17, 2016 4:27pm Oct 17, 2016 4:27pm
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  • #180
  • Nov 21, 2016 5:07am Nov 21, 2016 5:07am
Is it time?
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