|
|
 |
|
08-27-2009, 12:20 PM
|
 |
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by ravno
Probably, he went play golf ?
|
Looks like we've got marketwavez back with us. kewl!
Haven't heard much from qsx. Suppose he'll post something though when he feels he's onto something.
Always good to hear from the whole crew.
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
|
08-27-2009, 12:46 PM
|
|
Member
|
|
Join Date: Jan 2008
Posts: 575
|
|
|
Usd/chf
Quote:
Originally Posted by apipintime
Hey Aerocom,
Would you be able to post a chart whenever you can? Thanks.
|
Here is the swissy chart. |
08-27-2009, 12:47 PM
|
|
Member
|
|
Join Date: Aug 2009
Posts: 80
|
|
|
Elliotticians......... Rule question ???
This was one of my first questions here I posted several weeks ago. I don't remember if I got an answer. Here is a good example on the chart!
Sorry to bring up Rule Wave 4 again....... LOL.
Is this a violation of a Wave 4 into wave 1, or is the wave count wrong.
Should we only look at the body of the candle, or must we include the wicks( spikes). I included the prices to compare Wave 1 and Wave 4.
JK. |
08-27-2009, 12:51 PM
|
 |
Member
|
|
Join Date: Jul 2005
Posts: 4,488
|
|
Quote:
Originally Posted by ravno
Probably, he went play golf ?
|
Bungee Jumping is much better ............. 
let's you know your alive
Qsx ---- have you ever gone bungee jumping ? ........ try it some time ?
Last edited by marketwavez2; 08-27-2009 at 12:55 PM..
|
08-27-2009, 12:56 PM
|
|
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by aerocom
Here is the swissy chart.
|
aerocom, so based off of that count...where could we go from here?
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
|
08-27-2009, 12:58 PM
|
|
Member
|
|
Join Date: Jan 2008
Posts: 575
|
|
Quote:
Originally Posted by Sean Hyman
apipintime, Usually, overall...the yen will strengthen more than the dollar when stocks tank. However, there are times when they "take turns" which is why the fall off in USD/JPY hasn't been as severe as some since they go back and forth.
However, so far, the yen has been able to bring down the dollar more in USD/JPY. So it shows that JPY was the victor over longer periods of time as stocks fell off.
But you can usually watch USD/JPY to see if the USD or JPY has the upper hand at the moment. That's what I do.
|
Sean;
Here is an illustration of what I've discovered. When the $xjy (yen) price is above the 50 day sma, stocks tend to decline. When below, stocks tend to rally. |
08-27-2009, 12:58 PM
|
|
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by JKnPA
This was one of my first questions here I posted several weeks ago. I don't remember if I got an answer. Here is a good example on the chart!
Sorry to bring up Rule Wave 4 again....... LOL.
Is this a violation of a Wave 4 into wave 1, or is the wave count wrong.
Should we only look at the body of the candle, or must we include the wicks( spikes). I included the prices to compare Wave 1 and Wave 4.
JK. |
First of all, let me state that I'm no EW pro ...I'm still reading and learning more all the time. However, I was reading two nights ago in Prechter's book, The Elliott Wave Principle, and he stated that in "non-leveraged" markets, 4 shouldn't go into wave 1 (on page 31 of his book in the 10th edition version). However, in leveraged markets, he implied that sometimes it can for a short period of time.
I'd like to hear what the experienced guys have to say about this. I've got my notepad out. hehe!...ready to learn.
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
Last edited by Sean Hyman; 08-27-2009 at 01:02 PM..
|
08-27-2009, 01:02 PM
|
|
Member
|
|
Join Date: Jan 2008
Posts: 575
|
|
Quote:
Originally Posted by Sean Hyman
aerocom, so based off of that count...where could we go from here?
|
Probably, one more push down and then up into the 750 to 765 area.
Good Luck. |
08-27-2009, 01:03 PM
|
|
Member
|
|
Join Date: Aug 2009
Posts: 80
|
|
|
Right.....
Quote:
Originally Posted by Sean Hyman
First of all, let me state that I'm no EW pro ...I'm still reading and learning more all the time. However, I was reading two nights ago in Prechter's book, The Elliott Wave Principle, and he stated that in "non-leveraged" markets, 4 shouldn't go into wave 1. However, in leveraged markets, he implied that sometimes it can for a short period of time.
I'd like to hear what the experienced guys have to say about this. I've got my notepad out. hehe!...ready to learn.
|
Yes...... I'm aware of that. it's stated on pg. 31.
I was hoping someone here could answer that question, because from what I observed the E.W. counts seem to get altered.
Just my humble opinion! |
08-27-2009, 01:04 PM
|
|
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by aerocom
Sean;
Here is an illustration of what I've discovered. When the $xjy (yen) price is above the 50 day sma, stocks tend to decline. When below, stocks tend to rally.
|
aerocom, Yeah, that's a great observation. I also used to use the VIX reading too as a general gauge. A high VIX was good, generally, for the yen. A low VIX was generally bad for the yen...but this wasn't tick by tick but a pattern over days, weeks, etc.
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
|
08-27-2009, 01:05 PM
|
|
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by aerocom
Probably, one more push down and then up into the 750 to 765 area.
Good Luck.
|
aerocom, thanks for the info.
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
|
08-27-2009, 01:05 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 4,488
|
|
Please this short Video ....... I'm going try this next week
I think it will help me in my trading to help pick
those tops and bottoms in the markets .............. 
/////////////////////////////////////////////////////////////////////////////
What do you think ?
click here :
YouTube - Horizontal bungee jumping
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
08-27-2009, 01:07 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 4,488
|
|
Usd/Cad
Chart Results : ....................
|
08-27-2009, 01:07 PM
|
|
DailyFX Power Course Instructor
|
|
Join Date: Jun 2007
Posts: 5,842
|
|
Quote:
Originally Posted by marketwavez2
Please this short Video ....... I'm going try this next week
I think it will help me in my trading to help pick
those tops and bottoms in the markets ..............
/////////////////////////////////////////////////////////////////////////////
What do you think ?
click here :
YouTube - Horizontal bungee jumping
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - |
marketwavez2, funny video.
Hey we could really use your EW expertise on that question on the last page. I'd love to hear your thoughts on this. I'm sure you know the answer.
__________________
Come join me at the FXCM Las Vegas Expo along with the FXCM course instructors and DailyFX analysts May 3-4th: http://www.fxcmexpo.com/
The DailyFX Forums have over 75,000 members, and many discussions going on at once. If you aren’t sure where to get started, watch this video as your how-to guide to the DailyFX Forums: http://forexforums.dailyfx.com/daily...ion-video.html
Email me with your questions and I’ll introduce you to the community and point you in the right direction. I look forward to hearing from you.
Sean Hyman - DailyFX Forum Moderator - shyman@dailyfx.com
|
08-27-2009, 01:09 PM
|
|
Member
|
|
Join Date: Jul 2005
Posts: 4,488
|
|
Quote:
Originally Posted by Sean Hyman
marketwavez2, funny video.
Hey we could really use your EW expertise on that question on the last page. I'd love to hear your thoughts on this. I'm sure you know the answer.
|
What is the post # you ar e reffering to ?
..... I'll go back and read it ......... |
|
|
|
Tags
|
5 waves, abc, corrective, count, elliott wave, ewi, extension, fib, fibonacci, impulse, prechter, retracement  |
| Thread Tools |
|
|
| 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
HTML code is On
|
|
|
|
