Go Back   DailyFX Forum > Strategies > Elliott Wave

Closed Thread
 
Thread Tools Rating: Thread Rating: 21 votes, 4.52 average.
  #4531 (permalink)  
Old 03-06-2008, 02:41 PM
Moderator
 
Join Date: Jan 2007
Posts: 1,230
Jamie Saettele is an unknown quantity at this point
Quote:
Originally Posted by fxsingh View Post
Hi Mike and Jamie,

Well, I agree with you on that. On the longer term charts, such as the one posted by Jamie, it is very clear that another wave up is required to complete wave 5 from 0.9218.

I just posted the chart as a possibility seen on the 60 min chart. Actually I am looking to get long if AUD manages to hold above 0.9218.

Regards.
I agree with you there....9218 is the short term bullish 'line in the sand' as I like to call it. The drop from .9384 is sharp, but 2nd waves often are so this may be a golden opportunity right now.
  #4532 (permalink)  
Old 03-06-2008, 02:58 PM
Member
 
Join Date: Aug 2006
Posts: 221
AdrianEI is on a distinguished road
Quote:
Originally Posted by Jamie Saettele View Post
I agree with you there....9218 is the short term bullish 'line in the sand' as I like to call it. The drop from .9384 is sharp, but 2nd waves often are so this may be a golden opportunity right now.
Well I've out on the possibility.

Best way to trade now is to wait on the sidelines and put a pending at the tops and bottoms. If it breaks the top, then Jamie's 3 is in play. If it breaks the bottom, my 3 is in play and you've got good set-ups either way.
  #4533 (permalink)  
Old 03-06-2008, 03:11 PM
Member
 
Join Date: Aug 2006
Posts: 221
AdrianEI is on a distinguished road
BTW, if I'm right about this..I have a very important lesson to teach all you amateur counters. If I'm wrong, then I've got a lot of rethinking to do.
  #4534 (permalink)  
Old 03-06-2008, 03:17 PM
Moderator
 
Join Date: Jan 2007
Posts: 1,230
Jamie Saettele is an unknown quantity at this point
Quote:
Originally Posted by AdrianEI View Post
BTW, if I'm right about this..I have a very important lesson to teach all you amateur counters. If I'm wrong, then I've got a lot of rethinking to do.
Calm down there AdrianEI
  #4535 (permalink)  
Old 03-06-2008, 03:27 PM
marketwavez2's Avatar
Member
 
Join Date: Jul 2005
Posts: 3,865
marketwavez2 is on a distinguished road
Adrian......
You don't have to re-think anything .............

Who among us can be right every time ?

and besides just look at all these different chart styles in here :

-----------------------------------------------------
You post great charts ,that are well appreciated in here ,
( and for most of us in here that is enough )
- or maybe I'm speaking for myself ---I don't know ......
---------------------------------------------------------

Please Remember , the main reason
we are only in here to share our thoughts and ideas .............
and maybe have a laugh along the way !

Anyone visiting forums like these ,
are to be looking to see ideas other that their own ideas .
otherwise, what's the point of visiting to begin with ?

//////////////////////////////////////////////////////////////////////

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

Last edited by marketwavez2; 03-06-2008 at 04:15 PM..
  #4536 (permalink)  
Old 03-06-2008, 03:32 PM
marketwavez2's Avatar
Member
 
Join Date: Jul 2005
Posts: 3,865
marketwavez2 is on a distinguished road
Aud/Usd :
Elliott Waves Formations at work ..........
Here is a Short-Term Wave-Count (2hr Bars )
-------------------------------------------------------

These charts are an illustration of what may be occurring
------------------------------------------------------------------
This is only a Probability ..........
Not Cast in Stone !
-----------------------------------------------------------------
If You disagree , That's Ok

Just Post your charts and state your case ..........
TIME will then tell all !....
Attached Images
 

Last edited by marketwavez2; 03-06-2008 at 03:56 PM..
  #4537 (permalink)  
Old 03-06-2008, 03:33 PM
Moderator
 
Join Date: Jan 2007
Posts: 1,230
Jamie Saettele is an unknown quantity at this point
Quote:
Originally Posted by marketwavez2 View Post
Aud/Usd :
Elliott Waves Formations at work ..........
Here is a Short-Term Wave-Count ( 4hr Bars )
-------------------------------------------------------

These charts are an illustration of what may be occurring
------------------------------------------------------------------
This is only a Probability ..........
Not Cast in Stone !
-----------------------------------------------------------------
If You disagree , That's Ok

Just Post your charts and state your case ..........
TIME will then tell all !....
well said market
  #4538 (permalink)  
Old 03-06-2008, 03:35 PM
Member
 
Join Date: Aug 2007
Posts: 174
Picolo is an unknown quantity at this point
My only post today...

is a question to Adrian...

WTF is this post supposed to mean?

"I have a very important lesson to teach all you amateur counters."

If you want to be an arrogant prick, go somewhere else. I like your charts, they're great, they adhere the rules, they rock. One of the best in here. But attitude like this is quite %$%^.. and you can tell me whatever u want and your charts can be as good as u want, pro.

You sound like the one time pro here... zeev... who was calling us here idiots last year for a few weeks, "cause it's clear to anyone who understands Elliott waves that stock indexes bottomed in August"... guess he's washed out now...

"If I'm wrong, then I've got a lot of rethinking to do." You got lots of thinking to do anyway, pro.

I aint hostile, but posts like that suck, Adrian. Be a pro. And don't take this post too personal.

Picolo
  #4539 (permalink)  
Old 03-06-2008, 03:57 PM
Member
 
Join Date: Feb 2008
Posts: 138
chakow is an unknown quantity at this point
Audjpy

Hi , nice call for sell AUDJPY @97 around.
if your count is right, then we can se AUDJPY down under 90 .
But Jamie and many friends(includes me) think AUD/USD will go up near parity, may I ask your commend about AUDUSD?

Jamie's count also indicated we will see the correct rally on USDJPY, however, under your AUDJPY senario, it seems impossible happened, right?


Thanks a lot for your advice.
  #4540 (permalink)  
Old 03-06-2008, 04:17 PM
Member
 
Join Date: Aug 2006
Posts: 221
AdrianEI is on a distinguished road
Quote:
Originally Posted by Picolo View Post
is a question to Adrian...

WTF is this post supposed to mean?

"I have a very important lesson to teach all you amateur counters."

If you want to be an arrogant prick, go somewhere else. I like your charts, they're great, they adhere the rules, they rock. One of the best in here. But attitude like this is quite %$%^.. and you can tell me whatever u want and your charts can be as good as u want, pro.

You sound like the one time pro here... zeev... who was calling us here idiots last year for a few weeks, "cause it's clear to anyone who understands Elliott waves that stock indexes bottomed in August"... guess he's washed out now...

"If I'm wrong, then I've got a lot of rethinking to do." You got lots of thinking to do anyway, pro.

I aint hostile, but posts like that suck, Adrian. Be a pro. And don't take this post too personal.

Picolo
Ok, Picolo.

You took that way too personally. Pot meet kettle.

I don't claim to be a "pro," but the wave counts in here are atrocious. If you want to make money trading the Elliott Wave principles, then you need to adhere to them. I'm not saying that I'm always right. I've had a bad chart or two: see AUDCAD, but I don't see anyone really progressing in their learning. What gets me is that those people are teaching others how to count!

I apologize for my candor/cockiness/etc. Sometimes I'm just blunt, and I expect others to be blunt with me. I wasn't intentionally trying to rattle anyone's cages, and I apologize that I let Jamie rattle my cage. I'm sick and tired of getting my posts deleted, not being able to share contact information with others, etc. Why does this forum not allow PM, sharing of contact information, etc? Are you trying to protect your advertisement revenue or FXCM recruitment? If so, then why don't you accommodate to the attachment issue?

I'll give you the advice now.

When you have discovered 5 waves, then you have a correction that surpasses 61.8% of the 5 waves, you're suppose to trade the waves impulsively.

There's a huge chance that I'm wrong, but there is no ZigZag in the correction everyone is labeling 4. It might be a flat that is disguised like a ZigZag, but it is not a zigzag; furthermore, the current rally appears to be a corrective series. Now, I traded what I saw as a wave-c with a wave-1 extension diagonal/terminal impulse. That's why my entry is at the very very top. It is very possible that it was a wave-1 with a 5th wave terminal (this would explain the very long wave-2), but seeing a retrace of more than 61.8% after the first set of 5 waves leaves me to believe we've turned into an impulsive series.


You know what ticks me off? That your post isn't going to get deleted, but all my posts keep getting deleted. Your post has nothing to do with Elliott Wave principles; therefore, it should be deleted. My posts keep getting deleted that are about the forum, and heck even when I discussed the GBPJPY. No reason to delete it, unless someone didn't want me to show the reason behind my count. I asked to accommodate me and other wave counters by adjusting the forum attachments to please both parties. I know for a fact that several wave counters to post here because of the size limitations, upload limitations, slot limitations, etc. Why push those people away?

/rant

Pic, want to message me via skype? s3padrian
  #4541 (permalink)  
Old 03-06-2008, 04:19 PM
Member
 
Join Date: Jan 2008
Posts: 127
danishfx is an unknown quantity at this point
Eurusd

Near perfection ..... then EURO finished with a ending diagonal right on target ......

target for cable 2.0096 = (calculated as 1.9720 + 0.618*(1.9970 - 1.9360))
also obtained ....


any views?
  #4542 (permalink)  
Old 03-06-2008, 04:25 PM
Member
 
Join Date: Jan 2008
Posts: 543
Gizmo is an unknown quantity at this point
Quote:
Originally Posted by AdrianEI View Post
Ok, Picolo.

You took that way too personally. Pot meet kettle.

I don't claim to be a "pro," but the wave counts in here are atrocious. If you want to make money trading the Elliott Wave principles, then you need to adhere to them. I'm not saying that I'm always right. I've had a bad chart or two: see AUDCAD, but I don't see anyone really progressing in their learning. What gets me is that those people are teaching others how to count!

I apologize for my candor/cockiness/etc. Sometimes I'm just blunt, and I expect others to be blunt with me. I wasn't intentionally trying to rattle anyone's cages, and I apologize that I let Jamie rattle my cage. I'm sick and tired of getting my posts deleted, not being able to share contact information with others, etc. Why does this forum not allow PM, sharing of contact information, etc? Are you trying to protect your advertisement revenue or FXCM recruitment? If so, then why don't you accommodate to the attachment issue?

I'll give you the advice now.

When you have discovered 5 waves, then you have a correction that surpasses 61.8% of the 5 waves, you're suppose to trade the waves impulsively.

There's a huge chance that I'm wrong, but there is no ZigZag in the correction everyone is labeling 4. It might be a flat that is disguised like a ZigZag, but it is not a zigzag; furthermore, the current rally appears to be a corrective series. Now, I traded what I saw as a wave-c with a wave-1 extension diagonal/terminal impulse. That's why my entry is at the very very top. It is very possible that it was a wave-1 with a 5th wave terminal (this would explain the very long wave-2), but seeing a retrace of more than 61.8% after the first set of 5 waves leaves me to believe we've turned into an impulsive series.


You know what ticks me off? That your post isn't going to get deleted, but all my posts keep getting deleted. Your post has nothing to do with Elliott Wave principles; therefore, it should be deleted. My posts keep getting deleted that are about the forum, and heck even when I discussed the GBPJPY. No reason to delete it, unless someone didn't want me to show the reason behind my count. I asked to accommodate me and other wave counters by adjusting the forum attachments to please both parties. I know for a fact that several wave counters to post here because of the size limitations, upload limitations, slot limitations, etc. Why push those people away?

/rant

Pic, want to message me via skype? s3padrian
The PM feature is available under the UserCP link at the top left corner. This will take you to all your controls for your profile.

BTW I am learning the EW by reading the Elliott Wave Principle book and enjoy your charts as well as some others here. I have learned what to look for to some degree so I am learning which charts are good and bad. Thanks for the ones you post, they are great.
  #4543 (permalink)  
Old 03-06-2008, 04:32 PM
DailyFX Forum Administrator's Avatar
DailyFX Moderator
 
Join Date: Sep 2003
Posts: 351
Blog Entries: 1
DailyFX Forum Administrator is on a distinguished road
Dear AdrianEI,

The reason your posts keep getting deleted is simply because you cannot follow the simple rule of adjusting your charts to size.

Now it is my turn to be blunt: your overall demeanor on this forum is anything but formidable. This forum is a place for traders to discuss their strategies and hopefully learn from one another - and to do so respectfully.

You continuously threaten to leave this forum for various reasons yet you always seem to return. You also seem to think that we have not noticed that you try to promote your own forum on your charts (a blatant violation of our rules). Frankly, your overall attitude stinks. We happily accept ideas and criticisms from forum members but your approach has thus far been extremely negative and therefore unhelpful. We like your trading ideas and contributions however if you do not wish to conform to the general positive attitude on this forum then perhaps it is best that you this time truly stop posting your charts.

Gizmo - thank you for explaining the PM feature. Much appreciated.

All the best,
DailyFX Admin
  #4544 (permalink)  
Old 03-06-2008, 04:34 PM
Member
 
Join Date: Aug 2006
Posts: 221
AdrianEI is on a distinguished road
Quote:
Originally Posted by Gizmo View Post
The PM feature is available under the UserCP link at the top left corner. This will take you to all your controls for your profile.

BTW I am learning the EW by reading the Elliott Wave Principle book and enjoy your charts as well as some others here. I have learned what to look for to some degree so I am learning which charts are good and bad. Thanks for the ones you post, they are great.
Sweet. Thanks. I tried to PM someone about a year ago and it wouldn't allow me to.
  #4545 (permalink)  
Old 03-06-2008, 04:44 PM
Member
 
Join Date: Aug 2007
Posts: 174
Picolo is an unknown quantity at this point
Rule

"When you have discovered 5 waves, then you have a correction that surpasses 61.8% of the 5 waves, you're suppose to trade the waves impulsively."

I agree... most of the time works out exactly that way.

P.S. Will happily discuss stuff with you on skype. But not today. It's midnight for me. What's your time?

P.S.2. I think u're not on skype now, are you? I tried to get in touch.

Last edited by Picolo; 03-06-2008 at 04:51 PM..
Closed Thread

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are Off
Pingbacks are Off
Refbacks are Off




Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

All times are GMT -5. The time now is 08:18 PM.
Copyright ©2009 Daily FX. All Rights Reserved.