Russel Waves. Trading the way Nature flows. | Forex Factory

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Russel Waves. Trading the way Nature flows.

  • #1
  • First Post: May 31, 2017 8:01am May 31, 2017 8:01am
Posting here because there is now a free download of the first 2.5 waves which is more than enough to trade successfully with. I want to see how these wave evolve through different styles of trading. Please download here:
Attached File(s)
File Type: pdf Russell Waves free.pdf   177 KB | 597 downloads


Russell Waves are what I feel an evolution beyond Fibonacci and Elliot Waves, 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. They are an invention of my own, inspired from the works of Walter Russell.

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.

Attached Image (click to enlarge)
Click to Enlarge Name: RussellWavesAI.jpg Size: 431 KB


Best explained in the video. Start at 7:35 if you want to skip the theory.

Inserted Video


There are many other videos on my channel where I go over my analysis. I will be posting my trades, kind of like a journal in order to improve my trading and would love others to start trading with them. Hopefully your mind is blown as is mine every time I use them.
  • #2
  • Edited 8:19am May 31, 2017 8:02am | Edited 8:19am
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 off 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.

Attached Image (click to enlarge)
Click to Enlarge Name: GJ-Trade5.jpg Size: 962 KB
  • #3
  • May 31, 2017 8:04am May 31, 2017 8:04am
What are the operative rules?
  • #4
  • Edited 8:37am May 31, 2017 8:16am | Edited 8:37am
Quoting Bellerofonte
What are the operative rules?
My theory is that out of an accumulation phase, levels of psychological support and resistance are projected. I look for an accumulation phase and then trade the manipulation of that. So if Market Makers have a short bias, I look for a manipulation high and enter on extreme volume. I find this a hard question to answer because the waves reveal these psychological levels and I use VSA and Market Maker manipulation theory to trade off of these levels.

To me these waves are WHERE to look to trade and where to exit, and you can use any 'system' you already use. We aren't looking for patterns here, we are looking at the underlying structure of the psychology of traders beliefs. I suggest install the waves and project them from the high and low of the first eight hours of any week and see how the market will stop and accumulate or reverse at the levels. Also pay attention to the peaks in volume precisely at these levels.
  • #5
  • May 31, 2017 8:51am May 31, 2017 8:51am
Very nice looking way of trading. But the free pdf is not really helpfull to understand the method in my opinion.

how long do you trade this?


And why do you sell the pdf?

Thanks.
Everyday better.
  • #6
  • May 31, 2017 9:04am May 31, 2017 9:04am
Quoting arlucad
Very nice looking way of trading. But the free pdf is not really helpfull to understand the method in my opinion. how long do you trade this? And why do you sell the pdf? Thanks.
LMFAO
This is not investment/trading advise. Will not hold accountable for loss
  • #7
  • May 31, 2017 9:18am May 31, 2017 9:18am
Quoting the4thOctave
{quote} My theory is that out of an accumulation phase, levels of psychological support and resistance are projected. I look for an accumulation phase and then trade the manipulation of that. So if Market Makers have a short bias, I look for a manipulation high and enter on extreme volume. I find this a hard question to answer because the waves reveal these psychological levels and I use VSA and Market Maker manipulation theory to trade off of these levels. To me these waves are WHERE to look to trade and where to exit, and you can use any 'system'...
So basically look for wave pattern best at the 5th wave where usually a reliable divergence occurred. Then look for volume to the opposite trend in order to confirm the reversal. Please correct me if im wrong or add something to give a better clarity.
This is not investment/trading advise. Will not hold accountable for loss
  • #8
  • May 31, 2017 9:41am May 31, 2017 9:41am
Quoting arlucad
Very nice looking way of trading. But the free pdf is not really helpfull to understand the method in my opinion. how long do you trade this? And why do you sell the pdf? Thanks.
I've worked on these waves for years and it's only recently I've found where best to project them from. The free pdf is to show you how the market consistently resonates to these ratios. Go into any market, project the levels using the extension tool from the high and low of the first two 4h bars. You will see the levels act as support and resistance.
  • #9
  • May 31, 2017 9:48am May 31, 2017 9:48am
Quoting yousername
{quote} So basically look for wave pattern best at the 5th wave where usually a reliable divergence occurred. Then look for volume to the opposite trend in order to confirm the reversal. Please correct me if im wrong or add something to give a better clarity.
I use TDI to get a sense of oversold or overbought regions as people call them. You are correct in saying the end of the 4th wave is usually the extreme of the cycle and I'm always looking for a major reversal at those levels but TDI helps me gauge whether the market will continue the trend. For instance you may only get 2 waves in a trend and I interpret whether it will reverse or continue based on how volume is coming through based on VSA rules and how TDI is lining up. If the yellow dynamic base line on TDI is above the 63/68 on the 15m line I will be looking to for short confirmation.

I will be adding more clarity as I go along, please forgive me as the waves are so precise and they become undeniable where I had to share but I'm still learning to interpret and trade with them, will say I will never stop learning. Really looking forward to how others use them too.

Maybe this post and the next will add more clarity to how I trade. https://www.forexfactory.com/showthr...82#post9901682
  • #10
  • May 31, 2017 9:52am May 31, 2017 9:52am
Quoting the4thOctave
{quote} I've worked on these waves for years and it's only recently I've found where best to project them from. The free pdf is to show you how the market consistently resonates to these ratios. Go into any market, project the levels using the extension tool from the high and low of the first two 4h bars. You will see the levels act as support and resistance.
Please kindly could you explain how did you derive those ratio?

Square Root 2:
W2a = 0.5 W2b = 1.9142 W3a = 1.2071 W4a = 2.2071

Golden Mean:
GM2b = 2.118 GM3a = 1.309

I couldn't figure out a,b.

Thanks
This is not investment/trading advise. Will not hold accountable for loss
  • #11
  • May 31, 2017 10:00am May 31, 2017 10:00am
Quoting the4thOctave
{quote} I use TDI to get a sense of oversold or overbought regions as people call them. You are correct in saying the end of the 4th wave is usually the extreme of the cycle and I'm always looking for a major reversal at those levels but TDI helps me gauge whether the market will continue the trend. For instance you may only get 2 waves in a trend and I interpret whether it will reverse or continue based on how volume is coming through based on VSA rules and how TDI is lining up. If the yellow dynamic base line on TDI is above the 63/68 on the 15m...
Thanks for the link.

I added 5 Elliot impulse waves and trend channel into your trade chart. 4th and 5th wave usually produces a nice divergence setup.
Attached Image (click to enlarge)
Click to Enlarge Name: GJ-Trade3.jpg Size: 450 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #12
  • Edited 12:16pm May 31, 2017 10:02am | Edited 12:16pm
Quoting yousername
{quote} Please kindly could you explain how did you derive those ratio? Square Root 2: W2a = 0.5 W2b = 1.9142 W3a = 1.2071 W4a = 2.2071 Golden Mean: GM2b = 2.118 GM3a = 1.309 I couldn't figure out a,b. Thanks
So a is the beginning of the wave, b is the end of the wave. Each wave starts in the middle of the previous wave. So wave 2 begins at 50%, half way of wave 1. The ratios are sqrt 2, 3 and Golden Mean. Will leave the rest a mystery The key lies in Walter Russell's very simple volume mathematics.
  • #13
  • May 31, 2017 10:04am May 31, 2017 10:04am
Quoting yousername
{quote} Thanks for the link. I added 5 Elliot impulse waves and trend channel into your trade chart. 4th and 5th wave usually produces a nice divergence setup. {image}
Awesome thank-you. This is what I want to see, how these waves integrate with other wave theories. Very interesting.

The thing is though, if you check the update on the next post, this whole thing ended up being a manipulation high of an accumulation, the market then continued its major trend down: https://www.forexfactory.com/showthr...31#post9919231

Wave within waves though.
  • #14
  • May 31, 2017 10:10am May 31, 2017 10:10am
Quoting the4thOctave
{quote} Awesome thank-you. This is what I want to see, how these waves integrate with other wave theories. Very interesting. The thing is though, if you check the update on the next post, this whole thing ended up being a manipulation high of an accumulation, the market then continued its major trend down: https://www.forexfactory.com/showthr...31#post9919231 Wave within waves though.
Attached Image (click to enlarge)
Click to Enlarge Name: russian-matryoshka-stacking-babushka-wooden-dolls-meaning.jpg Size: 46 KB
This is not investment/trading advise. Will not hold accountable for loss
  • #15
  • May 31, 2017 10:14am May 31, 2017 10:14am
wouldn't let me like your post for some reason.
  • #16
  • May 31, 2017 10:41am May 31, 2017 10:41am
Quoting yousername
{quote} Please kindly could you explain how did you derive those ratio? Square Root 2: W2a = 0.5 W2b = 1.9142 W3a = 1.2071 W4a = 2.2071 Golden Mean: GM2b = 2.118 GM3a = 1.309 I couldn't figure out a,b. Thanks
So what is the fibo retracement levels for W5a and GM5a? Manually testing on the EURUSD. Looking good and looking forward to more studies. Thank you in advance and keep up the good work.
  • #17
  • May 31, 2017 11:26am May 31, 2017 11:26am
Quoting mknpips
{quote} So what is the fibo retracement levels for W5a and GM5a? Manually testing on the EURUSD. Looking good and looking forward to more studies. Thank you in advance and keep up the good work.
Thanks mknpips, I've given the levels for the first 2.5 waves for free, you could easily just trade these each week and make plenty of pips. Seeing as though it has taken me years of study I am selling the rest of the wave cycles for a very small investment relative to how much you can make trading this way. I've spent most of my capital testing these out and feel it totally fair that I see a return.

I will be posting as much as I can in regards to how I trade with them and any new epiphanies that arise. My proper website is currently under construction, lots more to come.
  • #18
  • May 31, 2017 11:41am May 31, 2017 11:41am
Quoting the4thOctave
{quote} So a is the beginning of the wave, b is the end of the wave. Each wave starts in the middle of the previous wave. So wave 2 begins at 50%, half way of wave 1. The ratios are sqrt 2, 3 and Golden Mean. Will leave the rest a mystery The key lies in "Each element is the square of the distance to and from its succeeding one" - Walter Russell.
I know all your ratios already. But I'm not gonna ruin it for you. Wish you all the best buddy.
This is not investment/trading advise. Will not hold accountable for loss
  • #19
  • May 31, 2017 12:00pm May 31, 2017 12:00pm
Quoting yousername
{quote} I know all your ratios already. But I'm not gonna ruin it for you. Wish you all the best buddy.
Thanks
  • #20
  • May 31, 2017 2:46pm May 31, 2017 2:46pm
Quoting arlucad
Very nice looking way of trading. But the free pdf is not really helpfull to understand the method in my opinion. how long do you trade this? And why do you sell the pdf? Thanks.
Hi Arlucad,

I wasn't able to PM you back so here is my reply.

"Yes I trade live using these levels. This isn't an ebook as yet, am thinking of doing one in the near future. It is the full wave levels which will install onto your Metatrader or you can enter them manually into other software. I do explain how I trade with them on my Youtube videos and posts on here. I recommend having knowledge of Volume Spread Analysis (VSA) and an understanding of the Market Maker business model. Martin Cole and Steve Mauro are excellent teachers of this.

If you install the levels you will clearly see Volume climaxing at these levels and I will be constantly updating my trades and why I take the trades using Volume and TDI. Also if you have any questions I'll be available through email.

thank you too "

Hope that clarifies.
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