Introducing Russell Waves - beyond Fibonacci and Elliot.

UPDATE: Now giving a taste of the waves away, please download the first 2.5 waves for you to enter manually into your Fib Extensions tool. You could easily earn a healthy income trading the first wave at the beginning of each week. Please go here to download the wave: Download the wave...

The title wasn't meant to discount Fibonacci and Elliot Wave Theory, I just feel Russell Waves are an evolution beyond them, closer to a natural vibrational wave. The key to using them is to know where to place them and that's what has taken years to figure out.

Having studied Martin Cole and Steve Mauro, it made sense to project them from the Accumulation Phase. I specifically target the Accumulation Phase for the Week which is the Initial Balance for the Week, the high and low of the first eight hours of the Week or the first two 4h bars of the Week.

Market Makers will use this initial spread as the Psychological high/ low for the week. If you can imagine an Accumulation Phase as the compression side of the wave, out of this is projected Psychological Support and Resistance. These Russell Waves, called after the genius Walter Russell, reveal the expansion side of the wave. To get more of an idea I suggest researching Walter Russell's Cube Sphere Universe. Below is a pic of how the waves interact with each other on the chart. (My original design for the waves.)

Each wave starts at the balance point or %50 of the previous wave. There are 3 frequencies of sqrt 2, 3 and Golden Mean.



Best to show you more in a video. Jump to 7:35 if you want to skip the theory.


I'll be, and have been putting daily analysis, showing how undeniable these waves are. So please subscribe if you are interested.



These are just the beginning days of sharing this project with others and eager to see how they evolve through your style of trading.

NEW VIDEO: Trading Rules.



NEW VIDEO: How to integrate and draw proper Supply and Demand lines and why they exist. Also I go through two other ways you can draw Russell Waves; from swing Supply to swing Demand and also on the Daily Accumulation phase. These waves are magically fractal.



--------------

Have spent some time re-reading Martin Cole's book as he recently updated it quite a bit. Feel I have a deeper understanding now and we must convert our thinking to see the market as a sea of beliefs. It is so easy for us to fall back into old habits and perspectives. I'm going to commit to doing regular daily, weekly and monthly reviews with two questions in mind.

What do the outside traders (retail traders) believe about the future of price?

Where are they most likely to place their stops? (WHY, WHEN and WHERE)

And a couple of statements to keep in mind: ACCUMULATION IS MANIPULATION. (It IS NOT a traffic jam, congestion or uncertainty.)

VOLUME is the STRENGTH of BELIEF.

Perfect trade off the end of wave 2: Golden Mean today, all the way to the beginning of the wave @ %50.

Another example of the Weekly Structure and integrating Volume Spread Analysis.

Very Interesting.

Will follow.

M.

Thanks moodybot,

The inspiration for the idea and the mathematics of psychology.

Why I changed to Heikin Ashi and will never go back. Accumulation is the most important phase.

Nice obvious trade on GJ again. Expecting it to hit 3a level. Accumulation in between w4a and GM4a, then manipulation or false BO just below GM4a. The trend reversal this week was at GM5a. Will do a video on this concept of the Market Makers manipulation of beliefs and how to see it with the Heikin Ashi.

Also notice the extreme volume on the Manipulation phase, hitting those stops.

Someone was asking how I trade the levels. I use my knowledge of VSA to get an idea of Supply and Demand at specific levels. Russell Waves will integrate into any style of trading, they are magic in terms of showing you WHERE to trade the way you already do. Here's a great trade I took and why...

This is how I trade. I took this early and was stopped for BE but wanted to share the idea. The profit release is inevitable on a setup like this and happens over and over and over again. Perfect Market Maker manipulation off of 3a. Accumulation zone taken from the 4h bar. Let's see if it hits 2b. Will keep you up to date. Ask me anything if this isn't clear to you. Easy 100pips so far.

-------7

Any Updates ?

Thanks pipsy. GJ ended up going to 3b on the other side, a continuation of the trend. Most of the week was accumulation then manipulation to the high side. Extreme volume coming in at 3a then stopping at all key levels on the way down, accumulating more at each wave end.

Naturally a market needs to retrace in order to balance but accumulation is the rebalancing and creation of more imbalance, so sometimes it doesn't need to retrace. For instance, on the chart, it stopped at the end of wave 2 (2b), accumulated and naturally it should retrace to the beginning of wave 3 (3a) but the accumulation did the balancing in this case. It went all the way through for extreme volume coming in at the end of wave 3 (3b). This is an over extension for me and you can see it ended up in the oversold region on TDI. For me it naturally has to come back to the beginning of wave 4 (4a) which it now is. Not looking to trade today though as bank holidays.

*I call every consolidation and accumulation because the market is either accumulating a bias of buy or sell contracts.

I've marked that you can see the market accumulated at each key level with extreme volume coming in at each wave. The white volume bars are high tick volume if you aren't familiar with Better Volume. Also the green volume is high churn or extreme tick volume on very low spread. This tends to happen at the end of an accumulation phase, then you will see a manipulation phase.





If you want to know why it manipulated at 3a then I suggest the video in this post. https://www.forexfactory.com/showthr...14#post9883814
The beginning of the next wave's balance point seems to be the extreme that the market can naturally go or in other words, the market makers seem to have a hard time manipulating past that point.

UPDATE: Now a giving a taste of the waves away, please download the first 2.5 waves for you to enter manually into your Fib Extensions tool. You could easily earn a healthy income once you see how legit these are. http://bit.ly/RussellWaveFree

Took these trades y-day. Sold 2 contracts on extreme volume at the manipulation high off 3a. Got out early as it always seems to slow down around that time but it did go where expected in the morning next day, bounced of 2b. Ended up going to 6pips off my take profit today. I'm not the best trader yet and not always right but the waves are

55 pips on one and 41 pips on the other.

Thinking of merging with this thread now as they moved me to the commercial section. Please resubscribe here if you are still interested. Lovely 75 pip trade today, perfect setup off w2b. https://www.forexfactory.com/showthr...49#post9958149

Even in times of extreme volatility Russell Waves can't be broken. Please subscribe to this thread: https://www.forexfactory.com/showthr...12#post9962012, as I am merging them from now on.

You learned this for years. When I buy the levels.

How long would it take to make a profit? What would you say?

I know the market Maker Modell but not so mich about volume. ( a shame)

Hi Arculad,

It's hard to answer how long it will take you personally to make a profit. Great that you already know the MMM and I can give you the book I learned VSA from. I have been asked a few times recently to do a video series and will definitely release that soon on Youtube. I'm still learning the levels myself but have found a few trades that are so easy to pick, basically what I have already shared but will go into more detail. You could easily take the trade on a few pairs at the beginning of the week and be profitable.

The book on Volume is a very easy read, called 'the Undeclared Secrets which Drive the Stock Market'. There is also a great thread on here: https://www.forexfactory.com/showthread.php?t=297275&highlight=vsa+clifton

I like the style of your videos alot and a Video series would be cool!

I will watch them all and read the book thanks

A few setups that are Working are enough for me.

When I buy the levels will I get a explanation how the are calculatet or how to draw them myself? Because I dont want to buy only an indicator

It is the full wave levels which will install onto your Metatrader or you can enter them manually into other software. It installs into the Fib Extensions tool, it isn't an indicator as I like you to be able to draw them onto any accumulation phase yourself. I have done a video on how they are drawn and the philosophy behind them, but I think I could go more in depth on that too. It really helps to understand why certain things happen. Video below:



I can only keep giving more info as I trade and can be available to answer any questions. Getting others to use this is really going to help this evolve.

That Sounds really good .

With the levels, vsa and the market Maker Modell should it be a high probabilty system.

I will buy it tommorrow ☺ and hope to help to evolves the system a bit.

Thanks arlucad look forward to it.