"The markets can remain irrational longer than you can remain solv
- #7,750
- Edited 6:59am Dec 22, 2016 5:55am | Edited 6:59am
- | Joined Mar 2014 | Status: Trader | 1,798 Posts
Elliott Wave Trading by Ayax 2,105 replies
Elliott wave trading 94 replies
elliott wave trading channel 22 replies
Group Trading based on Elliott wave and Harmonics 0 replies
Elliotters..Elliott Wave Trading 9 replies
Disliked{quote} Good stuff John, the Euro index needs one more leg down and also note that the Dollar index is in wave 5 of a larger C-wave. This means in my view that EUR/USD will rally in a few weeks/months. A major shift is in the cards but as always patience is key. {image} {image}Ignored
DislikedGood Day Everyone, My attempt for USD/JPY H1, If Corrective Wave II is completed, then Impulse Wave III up next. Thanks {image}Ignored
Disliked{quote} I got something like this on this pair. too early to short it IMO (if you want to short it at all) BTW This could also be an X-wave, the move down from 1.26 unfolded in 3 waves, so a double three is IMO possible, then "1" is "A", "2" is "B" and "(3)" is "C". {image}Ignored
Disliked{quote} But how can be correctly counted when the both waves labeled 2 had retraced more than 61.8% from the length of waves labeled 1?Ignored
Disliked{quote} Wave 2 can retrace wave 1 completely but can not go beyond it. Rule Number 1: Wave 3 can NEVER be the shortest impulse wave Rule Number 2: Wave 2 can NEVER go beyond the start of Wave 1 Rule Number 3: Wave 4 can NEVER cross in the same price area as Wave 1Ignored
Disliked{quote} I've read Glenn Neely's Elliot wave principles and never said that wave 2 could retrace the whole wave 1. Are you quoting classic Elliot theory?Ignored