- #21,862
- Jul 10, 2016 2:44am Jul 10, 2016 2:44am
- Joined Mar 2012 | Status: turning probability into profit | 1,550 Posts
{quote} Hi D.P., thank you very much for your answer. Basically my idea is, to filter/noise reduce the data, after I think that a wave is done. The reason is, that we do see more and more movements, especially in stock markets, where the retraces are very tiny. Such movements makes us wonder on how to apply the EWP. Such a filter method would be a secondary judgement of my counting. I think Ehlers has done some work in the direction of (roughly) Signal to Noise ratio. Also I saw some guys using the Zig-Zag indicators to judge the waves.
Markus, let us come back to the above question in two months. I might discuss the subject closely.
Here I can think that the problem might be dissolved by cutting off the unimportant data through the limit of the average amplitude of volatility - just an idea
.Best
D.P.
P.S.
EU count from CurrencyWaves (Twitter) {image}
I like it as well
Hunting High and Low
- #21,863
- Edited 6:05am Jul 10, 2016 5:53am | Edited 6:05am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
{quote} OK let us take a look at Gold again: the count wich was so long so right for me flew in my face, when I waited for another small leg down (wave C of wave 5 of an ending diagonal). This drop did not happen..... Then I waited to see, if we were only in a wave 4 up of this ending diagonal. Again I was wrong, because wave 4 ran above the end of wave 2 and thus all my options were invalidated. As I wrote at the time being, at the bottom we only had 3% bulls left in the game. I should have not been greedy (waiting for even lower prices) but should...
seem it still going up,
support around 1300+ is quite strong ... sooner or later might see re-test of 1300-1330 area but probably might not break below 1300 for long period of time in my opinion.
Monthly chart,
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- #21,866
- Jul 11, 2016 4:36am Jul 11, 2016 4:36am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
EU
Daily chart,
Daily chart,
- #21,867
- Jul 11, 2016 6:40am Jul 11, 2016 6:40am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
AU
Daily chart,
Daily chart,
- #21,871
- Jul 11, 2016 12:55pm Jul 11, 2016 12:55pm
- Joined Jun 2010 | Status: zero | 20,603 Posts
USDJPY 95% bears on Friday
saw that one too late
saw that one too late
- #21,876
- Jul 12, 2016 11:18am Jul 12, 2016 11:18am
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
USDCHF
This is really interesting...
Daily chart,
This is really interesting...
Daily chart,
- #21,877
- Jul 12, 2016 12:12pm Jul 12, 2016 12:12pm
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
Currently USDX is approaching 93 if no bulls enter there, i would like to say bye-bye to usd
it is possible that a correct place to say 'bye-bye' to usd actually not from 93 but could be from today high ... which is 96.66
well, let's see..
Daily chart,
- #21,878
- Jul 12, 2016 1:54pm Jul 12, 2016 1:54pm
- | Joined Jun 2013 | Status: Trader | 1,144 Posts
USDx
H1 chart,
H1 chart,
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