Thread: Elliott Wave Trading Discussion

Did my message just disappeared ?

Seems so, well - will re-post it during the weekend.

Originally Posted by kaori

Did my message just disappeared ?

Seems so, well - will re-post it during the weekend.

It was deleted for the use of unacceptable language as noted below. The continued use of this type of language is grounds for permanent banning from this forum.

Originally Posted by kaori

Did my message just disappeared ?

Seems so, well - will re-post it during the weekend.

Yes it did....I read it and I believe if you leave the other comments out that did not pertain to your chart you will be fine....

It was a nice chart

Interesting, unexceptable aud-jpy chart with reply. Well, you got a point allready.

USDCAD looks bullish.
I am going long with the stop just below the today's low.

Originally Posted by Thomas Long

It was deleted for the use of unacceptable language as noted below. The continued use of this type of language is grounds for permanent banning from this forum.

Thomas,
Thank you for stepping up to the plate.
Thank you for trying to maintain high standard of this forum.
I suggest that this forum needs a major cleanup, otherwise it will deteriorate to the same level like the forums on Yahoo!

Originally Posted by marketwavez2

Don't worry yourself about being wrong ------ You are new at this


it will take some time and practice ...........

----------------------------------------- ----------------------- ----------------- -------- ------------
the mosty inportant thing is to post 5 charts or more in here every week


Can you do that ?
-------------------------------------------------------- ----
You will get better as time goes on .......

I will Try To Post 6 Elliot wave chart Per day!!!..

Now I am Reading About Mr,Elliots Books So they Write many, Just want to understand Very goodly To Post Elliot wave Room..

Thank you For your Support Marketwave22..


thxxxxx

Originally Posted by Xiao

I will Try To Post 6 Elliot wave chart Per day!!!..

Now I am Reading About Mr,Elliots Books So they Write many, Just want to understand Very goodly To Post Elliot wave Room..

Thank you For your Support Marketwave22..


thxxxxx

Your eagerness to learn is pretty impressive - there is a chance you`re gonna be a hell of a trader - keep up this way

have a nice weekend

Patryk

Originally Posted by EZCashDreams

I found this very interesting..

I exported the data from my chart for CAD/JPY because I wanted to know what the average pip move was a 2 hour period for each 2 hours of the day. I find that the largest moves are from 8 am to 12 pm..kinda figured that..and the average move high to low during the 2 two hour periods is 70 pips.

I started to plot the 8 am (red line) and 12 pm (Blue Line) times on the chart because I wanted to see if I could find a pattern to trade during these time. I started noticing that there were a lot of trade-able turns in these time frames. Then I started plotting the wave counts and I think you can see the turns between 8 am and 12 pm or within an hour of those times.

Maybe I am just seeing things....

Again..Not CMellons Delta...

Hi, this is a great and very innovative idea. If you are in a British university, this piece of work would surely get a first class (sorry, British grading system, which means the top grade) for critical thinking and originality.

On a more serious note. I remember that I read it somewhere that between 9-12 (EST, I assume you are using NY time too) there are the largest forex trading volumes. So perhaps this explains why this time frame seems to be the one where major turns are happening. What you have discovered might also apply to other currency pairs, too. Still, a great idea to deal with the data this way!

Let´s try again. I would like to comment a chart a bit also, but something wrong with my english in here so I´ll leave it blank

But the question is have anyone actually read EW what comes after wedge pattern is dropped down to give a tip....

Originally Posted by kaori

Let´s try again. I would like to comment a chart a bit also, but something wrong with my english in here so I´ll leave it blank

But the question is have anyone actually read EW what comes after wedge pattern is dropped down to give a tip....

sorry just want to ask ,,, where is 1 and 2 counts!!!






and Secondly I Trade Less on Aur/jpy So Just may be I am Wrong but It is good , but dont you think this Is Just conforming By bearish bat if You see The Lower Time Frame!!!

here is Your Chart




here is a Look Bearish BAT



Hi P..

Okay I never think That gonna Be Hell To me. I think this is Pure Heaven More Exiting And I love it...



And Happy Weekend To you too.. I will Read Some Money Management book and Elliot wave .. And Tomorrow I have to Learn First HOW TO DRIVE CAR..hahah

Originally Posted by Franosh

Hi, this is a great and very innovative idea. If you are in a British university, this piece of work would surely get a first class (sorry, British grading system, which means the top grade) for critical thinking and originality.

On a more serious note. I remember that I read it somewhere that between 9-12 (EST, I assume you are using NY time too) there are the largest forex trading volumes. So perhaps this explains why this time frame seems to be the one where major turns are happening. What you have discovered might also apply to other currency pairs, too. Still, a great idea to deal with the data this way!

Thanks Franosh

You are correct on the volume in those time frames. It is also when most US news comes out so it only makes sense...Just never plotted it on a chart. I am going to work on other pairs this weekend.

Here is a chart of the average Pip Move every 2 hours. It won't do much for long term traders but maybe short term traders can use it for stops and targets.

The averages are from the low to high of each time frame. The time frames start 2 hours before the plotted time. So, the 10:00 time go from 8:00 to 10:00 am not 10:00 to 12:00.

Hope it is useful for somebody...

Originally Posted by Grin

Brad, I understand your frustration with this forum at present. Somehow this place slipped into a competition complete with cheerleaders. It's sad.

For my part I want you to know I'm deeply appreciative of your help and charts. You are one of the few that trade and teach long term trading and it's tough to find mentors for that. I sincerely hope after the mood of this place settles you'll return for my benefit and the benefit of others wanting to learn long term trading.

You've always been quick to answer questions about long term trades, candlesticks, trade management, trend lines and, well, every facet of trading. You have been a great mentor for me and others here.

This place will settle again. When it does I hope you return. If you are posting charts and messages elsewhere please let me know where it is through PM. I'll miss your input, my friend.

Be well.

My exact sentiment Brad.

Looking forward to your return...when the dust settles...

sorry just want to ask ,,, where is 1 and 2 counts!!!

There´s 8 possible scenarios Xing,

1) Someone wropped them off while sending that chart.

2) Because of upcoming inflation, macro-economic´s eat them away.

3) To post chart for DailyFX forum, they will allways take a comission of
2 waves for themselves.

4) Those 2 waves went to forest to pick-up some strawberries, but they will appear back in the chart later.

5) Those 2 waves are on summer holidays in Lake Tahoe, but they will come back for autumn season.

6) They divorced, wave 1 found 20 years younger wife for himself.

7) Agatha Christie is writing a book about 2 missing waves and needed to borrow them.

8) Wave 1 is in Guanthamo prison accused to be group of terrorism group and FBI arrested him. W2 filled chapter 11 since accused by frontrunning trading.

Thought some might find this cartoon interesting with todays economy and a projected wave 3 coming according to EWI. This is from the Chicago Tribune from 1934. Seems not much has changed today.