That's right, i have seen your charts. FXCM seem to have it.
You can try their demo.

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Thanks Serhito.

Ok Italm. We're done. You can't read, and can't prove with any evidence but with your mouth. There is obviously a communication problem, so there is no point in continuing. You're on ignore.

Now I see why this forum has so many different views on counts. People are counting 1-13 waves, XYZ with no fib relation, etc. No concept of time. People forcing their counts without justification. No understanding of degrees. Markewaves2 telling me to read up on my basics when his counts are, at the very least, "interesting."

Now there's a lot of other great counts and possibilities. Jamie has some great perspective thinking on the counts. Italm and others as well. You have no need to justify your actions to me, but I think justifying your own counts more thoroughly will produce better counts.

That's my .02.

Anyways, I think we started C on UJ. Let's see where this current bear candle goes.

Ok fellas, us Elliotticians need to stick together. Good debate is welcome here but let's not get too excited. As for the different books...I recommed taking a look at Neely also. It is always good to get a different perspective on things. Remember, there is nothing wrong with improving Elliott's original work. Some argue that Neely's stuff is not actually Elliott but something entirely different. Whether or not that is case does not matter to me. Whatever works for you is what you should use.

Adrian, I agree with you on the USDJPY. I think C takes us up near 112.42 although the more bearish count is still possible as long as price is below 111.23

Guys,

Come on. This forum is not to prove who's right or wrong on the theory.
It's about sharing your view of the market by looking at elliott wave theory.
Post your chart, ask for advice if you are not sure. Disregard the one you don't agree with, unless the person ask for help.
It is meant to educate the ones that need it, or to get another perspective.

Personally I enjoy all the charts I see. I am starting to get a grip about the rules and guidelines, so i know when a chart does not meet those criterias.

Now back to what we are here for. Is this part of the correction (C wave) or has the market resumed the uptrend. I am asking for advice btw.

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Serhito, here is what I see with Cable

The decline from 2.0617 is likely wave 1 and the correction since is unfolding as an expanded flat (wave b comes under a). Wave c is underway now and should exceed 2.0504. Possibility is for a test of 2.0542 (61.8). The next leg down would be a 3.

On another note, expanded flats seems to happen a lot in FX. Maybe that is because there is so much leverage that moves tend to be exaggerated (b retracing more than a)

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Thanks Jamie,

I always get fooled with these expanded flat. I always make the mistake and think it is a 5 instead of B.
Is a good clue the fact that the advance is only a 3 wave instead of an impulsive wave ?

Jamie,

I read your comment for this morning. Question on the USDCAD.
You wrote : "The form of that pullback will alert us as to whether or not the USDCAD has put in a multi-month bottom or is headed lower."

What clue or confirmation are you looking for ?

Thanks

I sincerely apologize to everybody here. Sometimes, we forget a debate is meant to get you thinking independently and thats what Adrian is doing. Although a debate can get so heated sometimes that you don't care anymore about the subjuct. Its more about being right. Im guilty of it as well so I can't put all the blame on Adrian. Fine, I didn't get my answer. Thats where the debate ended and the need to be right took all precedents.

Adrian is not the only elliatician who believes wave 4 can NEVER enter wave 1. I believe it can. Truth is I had the same belief as Adrian once upon a time but Ive seen it happen over and over again.. It happens more often that we realize but because we may hold that rule in our head, we don't recognize it when it does happen. When I recognize it, I don't jump in a trade because I realize its a rare occurance. But I am cautions and wait for confirmation before getting in. But at least Im ready when it does. Its a shame because opportunities are missed.

Fine Adrian. You must be a successful trader because that confidence must come from somewhere. Its like Jamie says, whatever works. Everyone on this forum must still know the true wording of the rule : THE END OF WAVE 4 COULD NEVER OVERLAP THE ORTHODOX END OF WAVE 1". There ladies and gentleman is a rule of Elliot Wave. Not a observation, not a interpretation, but a rule. What it means to you is the right meaning and noone, not me nor Adrian can or should even attempt to take that away.

Bounced right off the 110.24 (It's a daily pivot). Looks like wave 2 of the 5 wave C pattern. It touching 109.77 would mean that C has not started.

I am watching it as well, so keep updating...
I'd like to see what you look for.

Thanks

I agree 100% I'm waiting for 111.23 to break. If it does, then I will feel VERY comfortable about shorting for 5 of 3 between 38.2 - 50 fib of the 3rd impulsive down wave.

Adrian,

Do you mind posting a chart of what you are looking at ?
It would be well appreciated.
Thanks

If the decline is a clear 3 wave correction, then odds would be high that a significant low is in place since the next leg would be a 3 (or c) higher

All good. I like the passion in this forum.