Thread: Elliott Wave Trading Discussion

Originally Posted by marketwavez2

sbohme
ok , also what time frame are the bars in your chart ?

15 min bars ? ..... 30 min bars ? ...............

oops, DAILY... in my next post I do it better ;-) I vow betterments

Originally Posted by crossroads

Stole this one from Gray who said last night it was going to .8642 in wave Y of 4 - looks to have topped out this morning at .8639. Great work man.

Hey crossroads

looks like it may have topped out now @ .8761. I changed the labeling to an ABC because wave Y looks to be a stand alone 5 wave move instead of a 3.

Short @ .8739

Gbp/Usd

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Originally Posted by Gray

Hey crossroads

looks like it may have topped out now @ .8761. I changed the labeling to an ABC because wave Y looks to be a stand alone 5 wave move instead of a 3.

Short @ .8739

Looks good Gray - hey I switched over to MT4 and I'm wondering how you get your posts so zoomed in? It's almost like you're able to select the area you want to post.

Aussie is about to run into some resistance.

Originally Posted by crossroads

Looks good Gray - hey I switched over to MT4 and I'm wondering how you get your posts so zoomed in? It's almost like you're able to select the area you want to post.

Yeah thats right, I save them as a "save as picture" and then to a pentax camera program I have that lets me crop them and resize them to 750 max width and change the file type to jpg. You can drag the chart around to centralize it by selecting "scale fix" in the properties drop down box and change the scale by dragging the right hand (price) margin up and down to suit.

Do you know how to add more fibs than standard and put their prices next to them?

This count is holding up so far ..........

correction over ??

Originally Posted by Gray

[/B]

Yeah thats right, I save them as a "save as picture" and then to a pentax camera program I have that lets me crop them and resize them to 750 max width and change the file type to jpg. You can drag the chart around to centralize it by selecting "scale fix" in the properties drop down box and change the scale by dragging the right hand (price) margin up and down to suit.

Do you know how to add more fibs than standard and put their prices next to them?

Well I guess I won't be posting nice close ups like that since I don't believe I have that camera program, but I'll try to figure something else out. I'm terrible with technology in general (although sometimes I admit I'm lazy but most of the time I just don't have the time to waste trying to figure it out) but I did manage to figure out how to add more fibs than the standard and put the prices next to them. I was proud of myself - ha.

Thanks for the help.

EDIT: I tried that scale fix - it worked well, that's great. Thanks again.

Originally Posted by apipintime

Hey Gray,

I will just throw this more bullish alternative out there as a possibility.

Note: The running flat is no longer an option, but a standard flat would have a=c @ 1.0658 which could then possibly be the end of the 'ii' wave.

Originally Posted by Gray

Hey Jay

Looks like a standard flat it is... A = C. A = B = C in time as well.

I'm long from 1.0679

Hey Gray,

Yeah, it looks like it turned out to be a textbook flat. After looking at the internals of the count and taking into consideration the time aspect, I have decided to go with the truncation that both you and Market have shown. The second wave just seems to jive better that way.

As for positions, I have also entered 2 positions at 1.0684 and 1.0695 with both stops under the wave (i) low @ 1.0655. I am also still holding some positions from 1.0268 and have moved those stops under the wave (i) of 3 low @ 1.0524. Good Luck.

Originally Posted by crossroads

Well I guess I won't be posting nice close ups like that since I don't believe I have that camera program, but I'll try to figure something else out. I'm terrible with technology in general (although sometimes I admit I'm lazy but most of the time I just don't have the time to waste trying to figure it out) but I did manage to figure out how to add more fibs than the standard and put the prices next to them. I was proud of myself - ha.

Thanks for the help.

EDIT: I tried that scale fix - it worked well, that's great. Thanks again.

Go to the following site: Free Screen Capture Software - EasyCapture Windows Screen Capture Freeware

and download easycapture. It is free and will help you with what you need.

Originally Posted by Mywavez

Go to the following site: Free Screen Capture Software - EasyCapture Windows Screen Capture Freeware

and download easycapture. It is free and will help you with what you need.

Mywavez you're the man. Thanks a lot, I'll try that.

Gizmo

i read your message ,,,,

my Pm box is full ---- so you can't send me any PMs more right now
and i can't send you any Pm's either right now
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In response to your question ,,,,,,,,

The larger the time frame bar , the larger the stop you will have to use ............. its that simple



Personally , I don't like trade off of off daily bars and weekly bars
because trading off of of daily bars are long-term views


i am a swing trader ,,,,, not a long term trader ,,,,
i made that decision on 3 years ago
im interested in being in trades that last 2-14 days on average , this is my focus

im not interested i'm making 400 pips and 1,000 pips on a trade
that's not for me ,,,,,, i don't go after that
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i post longer terms bar chart because people
ask me for long-term wave counts ....


please don't try to understand what i'm doing or what anyone else is doing ,
because we all have a different tolerance for Risk ............

you must do your own soul searching and reading ..... and figure out your own Risk tolerance level
- and also visit the library as much as frequent as possible to study money management

Go figure out who you are as a trader by reading about Money Management ......
and most importantly ,
come back post you result chart so that on the weekends you can go back and study them

going back and studying your own charts will eventually become your best teacher !

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

here is .............................

the alternate in the sph is now the favored. looking for a top at any time...the 61.8 retracement is 107840 and the 100% ext. is 108050. seems like a good area. BUT we could get one at any time.