Thread: Elliott Wave Trading Discussion

AUD/NZD near term....

Originally Posted by neustaju

I'll take the other side of your trade Gray. I'm trading short term recovery first, then the disaster trade occurs next month.

that is dangerous thinking...it may work out but there is nothing more psychologically damaging to a trader than having the big picture analysis correct but trading against in the short term...and then regretting not going with your big pic analysis.

Originally Posted by Jamie Saettele

that is dangerous thinking...it may work out but there is nothing more psychologically damaging to a trader than having the big picture analysis correct but trading against in the short term...and then regretting not going with your big pic analysis.

Jamie, It appears as though there could be one more intermediate term upward cycle for U.S. stocks. The EUR/USD and USD/JPY would rally with the broader stock market as the Dow Jones completes a 5th wave higher. So even though the rally for these pairs appears to be corrective in nature, they would still follow the primary trend of another asset class when viewing intermarket analysis. I have attached the EUR/USD forecast.

Originally Posted by neustaju

Jamie, It appears as though there could be one more intermediate term upward cycle for U.S. stocks. The EUR/USD and USD/JPY would rally with the broader stock market as the Dow Jones completes a 5th wave higher. So even though the rally for these pairs appears to be corrective in nature, they would still follow the primary trend of another asset class when viewing intermarket analysis. I have attached the EUR/USD forecast.

neustaju,

I am very interested in the indicators that you are showing. (Mars heliocentric etc.)

I have been trying to find astro indicators for a while now. What software are you using and where can I buy/download the indicators?

Thanks.

Originally Posted by Mywavez

neustaju,

I am very interested in the indicators that you are showing. (Mars heliocentric etc.)

I have been trying to find astro indicators for a while now. What software are you using and where can I buy/download the indicators?

Thanks.

certainly. my key level is 110150 in the march sp. below there i am bearish. above there i'll turn bullish. could you post a daily sp chart with your count?

Originally Posted by Mywavez

neustaju,

I am very interested in the indicators that you are showing. (Mars heliocentric etc.)

I have been trying to find astro indicators for a while now. What software are you using and where can I buy/download the indicators?

Thanks.

Mywavez,
I do not work for the "Market Analyst" company. Thier software is a necessity for anybody who takes the work of W.D. Gann seriously. Check out their website to get a free 14 day demo. They also have an online magazine called "The Educated Analyst" which displays articles revealing ground breaking technical analysis methods.

Originally Posted by neustaju

Jamie, It appears as though there could be one more intermediate term upward cycle for U.S. stocks. The EUR/USD and USD/JPY would rally with the broader stock market as the Dow Jones completes a 5th wave higher. So even though the rally for these pairs appears to be corrective in nature, they would still follow the primary trend of another asset class when viewing intermarket analysis. I have attached the EUR/USD forecast.

Do you have a picture like this for the Dow Jones or SP500?

Originally Posted by Mywavez

neustaju,

I am very interested in the indicators that you are showing. (Mars heliocentric etc.)

I have been trying to find astro indicators for a while now. What software are you using and where can I buy/download the indicators?

Thanks.

To get an idea of how Astronomy affects currency markets check this out. Sure beats using MA envelopes. Heres the explanation.

The following charts displays the use of synodical lines as support & resistance. A synodic cycle occurs between each period of retrograde. Synod means "place of meeting." Synod occurs when two celestial bodies align (conjunction). The planets that are further away from the Sun than the Earth have one conjunction each synodical orbital period. The planets that are closer to the sun have 2 conjunctions per synodical orbital period.


The orange synodical lines describe the heliocentric synodical cycle of Pholus and Ademtos. Pholus is classified as a Centaur. Centaur is a classification given to a group of asteroid/comets in a specific area of the galaxy. Ademtos and Poseidon are the product of Uranian Astronomy. The Uranian aspect includes the use of eight Tran Neptunian points (hypothetical planets). The TNP's include Ademtos, Hades, Vunv----, Cupido, Apollon, Zeus, Kronos, and Poseidan. Created by famous astronomer/astrologer Alfred Witte, he used complex mathematics to determine the rate at which new planets/asteroids were being discovered. The work of Witte is far too difficult of a subject for me to write any further about.

Originally Posted by neustaju

Mywavez,
I do not work for the "Market Analyst" company. Thier software is a necessity for anybody who takes the work of W.D. Gann seriously. Check out their website to get a free 14 day demo. They also have an online magazine called "The Educated Analyst" which displays articles revealing ground breaking technical analysis methods.

neustaju, not sure what you're doing different in your last few posts but I'm having to approve every one of them.

Make sure you are not putting any charts in the text box. Use the manage attachments button below.

Originally Posted by neustaju

To get an idea of how Astronomy affects currency markets check this out. Sure beats using MA envelopes. Heres the explanation.

The following charts displays the use of synodical lines as support & resistance. A synodic cycle occurs between each period of retrograde. Synod means "place of meeting." Synod occurs when two celestial bodies align (conjunction). The planets that are further away from the Sun than the Earth have one conjunction each synodical orbital period. The planets that are closer to the sun have 2 conjunctions per synodical orbital period.


The orange synodical lines describe the heliocentric synodical cycle of Pholus and Ademtos. Pholus is classified as a Centaur. Centaur is a classification given to a group of asteroid/comets in a specific area of the galaxy. Ademtos and Poseidon are the product of Uranian Astronomy. The Uranian aspect includes the use of eight Tran Neptunian points (hypothetical planets). The TNP's include Ademtos, Hades, Vunv----, Cupido, Apollon, Zeus, Kronos, and Poseidan. Created by famous astronomer/astrologer Alfred Witte, he used complex mathematics to determine the rate at which new planets/asteroids were being discovered. The work of Witte is far too difficult of a subject for me to write any further about.

Where do you get your charts from? Just curious.

Originally Posted by Sean Hyman

neustaju, not sure what you're doing different in your last few posts but I'm having to approve every one of them.

Make sure you are not putting any charts in the text box. Use the manage attachments button below.

Sean, You likely had to approve it because it says the companies name in that posting. I will try and make sure my posting revolve around E.W. because astronomy & markets should be started on a new forum. FXCM can hire me if they want me to moderate the Astronomy forum. I will develope some new Currency charts soon, until then check out this chart of the 5 Year U.S. Treasury Notes. Heres the explanation...

The following chart of 5 Year U.S. Treasury Notes includes an Elliott Wave count. I always conclude my decisions primarily on the E.W. count but I do not label them on the chart because the chart will often appear too busy and cluttered. From this chart it is possible to determine that Elliott Waves conclude at planetary confluence points.

The downward sloping black lines are the planetary fans which track heliocentric orbit of Earth. The upward sloping orange lines track the heliocentric orbit of mars. The declination indicators at the bottom are clearly labeled. On the declination indicators I have marked with black vertical lines where the 5 Year Treasury Note has major price reversals. It is evident from the "USD/CAD Case Study" that price does not have to reverse on the exact occurrence of maximum declination. Rather the time period surrounding maximum declination is a probable period of reversal.

The E.W. count on this chart indicates that 5 Year U.S. Treasury Bills have been in a downward correction phase since December 2008. Wave (A) is a Zigzag within a larger correction. An area of debate arises at the wave labeled "(A)." I will refer to what famous technician Constance Brown wrote in her 1999 book titled "Technical Analysis for the Trading Professional".

--"As soon as many analysts see a Zigzag pattern develop and they have an opinion that the larger correction is incomplete, they hastily label the a-b-c internals of their first Zigzag as 'wave A within a larger correction.' Wrong. Wrong. Wrong. If your Zigzag internals are then called 'wave A within a larger correction,' you MUST be stating that the market will retrace the entire distance traveled by waves a-b-c of your Zigzag or greater. Why? Because an a-b-c that is labeled 'wave A in a larger pattern' must develop as a Flat or Expanded Flat. Period. No other option.....So if you don't think the entire distance will be retraced, the next move must be called an X wave".
If I understand correctly what she said, I should not have the primary labels "(A)" or "(C)" on this chart. However, I will keep them there because it makes things easier for me.
------------------------
Forecast
* 5 Year U.S Treasury Bills are expected to peak immediately and drop in value to 113.23
* The target date for this decline occurs between March 15, 2010- March 19, 2010.
* There is a strong possibility that the decline could extend until April 1, 2010.

Originally Posted by neustaju

Sean, You likely had to approve it because it says the companies name in that posting. I will try and make sure my posting revolve around E.W. because astronomy & markets should be started on a new forum. FXCM can hire me if they want me to moderate the Astronomy forum. I will develope some new Currency charts soon, until then check out this chart of the 5 Year U.S. Treasury Notes. Heres the explanation...

The following chart of 5 Year U.S. Treasury Notes includes an Elliott Wave count. I always conclude my decisions primarily on the E.W. count but I do not label them on the chart because the chart will often appear too busy and cluttered. From this chart it is possible to determine that Elliott Waves conclude at planetary confluence points.

The downward sloping black lines are the planetary fans which track heliocentric orbit of Earth. The upward sloping orange lines track the heliocentric orbit of mars. The declination indicators at the bottom are clearly labeled. On the declination indicators I have marked with black vertical lines where the 5 Year Treasury Note has major price reversals. It is evident from the "USD/CAD Case Study" that price does not have to reverse on the exact occurrence of maximum declination. Rather the time period surrounding maximum declination is a probable period of reversal.

The E.W. count on this chart indicates that 5 Year U.S. Treasury Bills have been in a downward correction phase since December 2008. Wave (A) is a Zigzag within a larger correction. An area of debate arises at the wave labeled "(A)." I will refer to what famous technician Constance Brown wrote in her 1999 book titled "Technical Analysis for the Trading Professional".

--"As soon as many analysts see a Zigzag pattern develop and they have an opinion that the larger correction is incomplete, they hastily label the a-b-c internals of their first Zigzag as 'wave A within a larger correction.' Wrong. Wrong. Wrong. If your Zigzag internals are then called 'wave A within a larger correction,' you MUST be stating that the market will retrace the entire distance traveled by waves a-b-c of your Zigzag or greater. Why? Because an a-b-c that is labeled 'wave A in a larger pattern' must develop as a Flat or Expanded Flat. Period. No other option.....So if you don't think the entire distance will be retraced, the next move must be called an X wave".
If I understand correctly what she said, I should not have the primary labels "(A)" or "(C)" on this chart. However, I will keep them there because it makes things easier for me.
------------------------
Forecast
* 5 Year U.S Treasury Bills are expected to peak immediately and drop in value to 113.23
* The target date for this decline occurs between March 15, 2010- March 19, 2010.
* There is a strong possibility that the decline could extend until April 1, 2010.

So you make the charts yourself?

Originally Posted by Jamie Saettele

certainly. my key level is 110150 in the march sp. below there i am bearish. above there i'll turn bullish. could you post a daily sp chart with your count?

Jaime,
Here is a Daily chart of the YM (Dow $5X). All of the upward sloping blue lines which appear to be overlayed on price is actually the heliocentric movement of Mercury. It is amazing to see how the Dow moves at a speed very closely linked with the speed at which Mercury orbits the Sun (heliocentric). Even the price declines occur at speeds which corellate with mercury's orbital speed. From the FXCM chart package you will know that the "Gann Fan" has mulitipliers,for example 1x2, 2x1, 4x1 etc. These same multipliers are applied to mercury to get different rates of orbit (Planetary Fans). The wave 2 decline for example uses the Gann multiplier of 1x2, all the other fan lines use the standard 1x1 aspect.

You can see that waves 1 and 3 terminate during the periods when Venus is at its maximum southern declination. These periods are highlited with purple boxes. Corrective wave 2 takes as long to form as it takes Mercury (red indicator) to move from maximum south declination to maximum north declination. Wave 3 also terminates when Mercury is at max-north declination. If wave 4 lasts for half of one Mercury declination cycle as did wave 2, then we look for wave 4 to end Feb 15-19, 2010. If price does not reverse, then look for price to reverse next period of declination.
If the wave 5 rally occurs at a speed which is linked again to the helio-orbit Mercury then you can project roughly the date that wave 5 will reach a fibonacci target or gann target.

Not all major turning points occur at max declination. Sometimes they occur when the planet is at the equator (5a). The time target of 5a coincides with the March 17, 2010 target for peak wave 5. If a downside reversal does not occur at March 17, 2010, then we look for major price decline at next phase of max declination March 31, 2010 (5b).

Finally, the large upward sloping blue line which at first appears to be a horribly drawn trendline, tracks Mercury's geocentric (earth) orbit. You can see how corrective wave 2 terminated at this line. Since the Dow has not broken through this support line to date, we can speculate that it could hold as support now and the max declination signal of wave 4 termination is an accurate assumption.

Originally Posted by neustaju

Jaime,
Here is a Daily chart of the YM (Dow $5X). All of the upward sloping blue lines which appear to be overlayed on price is actually the heliocentric movement of Mercury. It is amazing to see how the Dow moves at a speed very closely linked with the speed at which Mercury orbits the Sun (heliocentric). Even the price declines occur at speeds which corellate with mercury's orbital speed. From the FXCM chart package you will know that the "Gann Fan" has mulitipliers,for example 1x2, 2x1, 4x1 etc. These same multipliers are applied to mercury to get different rates of orbit (Planetary Fans). The wave 2 decline for example uses the Gann multiplier of 1x2, all the other fan lines use the standard 1x1 aspect.

You can see that waves 1 and 3 terminate during the periods when Venus is at its maximum southern declination. These periods are highlited with purple boxes. Corrective wave 2 takes as long to form as it takes Mercury (red indicator) to move from maximum south declination to maximum north declination. Wave 3 also terminates when Mercury is at max-north declination. If wave 4 lasts for half of one Mercury declination cycle as did wave 2, then we look for wave 4 to end Feb 15-19, 2010. If price does not reverse, then look for price to reverse next period of declination.
If the wave 5 rally occurs at a speed which is linked again to the helio-orbit Mercury then you can project roughly the date that wave 5 will reach a fibonacci target or gann target.

Not all major turning points occur at max declination. Sometimes they occur when the planet is at the equator (5a). The time target of 5a coincides with the March 17, 2010 target for peak wave 5. If a downside reversal does not occur at March 17, 2010, then we look for major price decline at next phase of max declination March 31, 2010 (5b).

Finally, the large upward sloping blue line which at first appears to be a horribly drawn trendline, tracks Mercury's geocentric (earth) orbit. You can see how corrective wave 2 terminated at this line. Since the Dow has not broken through this support line to date, we can speculate that it could hold as support now and the max declination signal of wave 4 termination is an accurate assumption.

The blog link in the signature has to go because there are advertisers on the blog.

Guys...I'll be out of the office Monday - Wednesday. Going to do a TV shoot in West Palm Beach.

Others will be chiming in throughout those days. I'll be back on the forum boards on Thursday.

Will miss you guys...my trading buddies!