Thread: Elliott Wave Trading Discussion

Originally Posted by Gray

$YEN may have completed a five wave trend sequence right in the resistance/target area from my previous post. Looking for a three wave pull back now to complete wave b in the 80.5 area.

Hi Gray;

I agree with your count on the move up but I am calling it wave i. The $yen, bounced from a multi-year low that, also moved the width of a multi-year triangle which had to be wave 4.

I expect a shallow correction wave ii, in the area you specified and then a move up in wave iii of the larger wave 1.

Don't give up on this just yet.

Good Luck.

To ; Mozart

Please make sure it's correctly when labelling

Originally Posted by johore

To ; Mozart

Please make sure it's correctly when labelling

Every time my friend every time you know i do get my price projection from the one above ..lol

There you goo some tought's looks like 50% fibb and 38,2% fibb holds so your ,,a'' untyl that fiibb hold's in my opinion is ,,b''.

Edit:aded chart

Attachment 84500

Some tought's about Aud/Usd

Daily chart and 1 H chart

Think 5V is out so drop in place

Attachment 84498

Attachment 84499

Originally Posted by Mozart

Every time my friend every time you know i do get my price projection from the one above ..lol

There you goo some tought's looks like 50% fibb and 38,2% fibb holds so your ,,a'' untyl that fiibb hold's in my opinion is ,,b''.

Edit:aded chart

Attachment 84500

Hmmm, so "b" is now impulsive? I was wondering what the hack is this new theory, it's not EW, not Wolf ... ahhhh, it must be something new
Can you elaborate on this, please ?

Originally Posted by Easy Trader

Oh, thaaat is ...
I was wondering what the hack is this new theory, it's not EW, not Wolf ... ahhhh, it must be a Mozart count

Yes it is Mozart count the count taht prove me right a lot of times so if you have something to ad then do so because i dont care and if you have somthing personal with me then kepit to yourself.Some people are jus the way they are i guess.
Anyway this forum is not for joking around and making fun of people this forum is for shearing ideas about the market and trading ideas.

Edit: i see you have 31 post's from 2006 wondering why??

Originally Posted by aerocom

Hi Gray;

I agree with your count on the move up but I am calling it wave i. The $yen, bounced from a multi-year low that, also moved the width of a multi-year triangle which had to be wave 4.

I expect a shallow correction wave ii, in the area you specified and then a move up in wave iii of the larger wave 1.

Don't give up on this just yet.

Good Luck.

Hello Aerocom

I agree about the multi year triangle for wave 4 but one possibility is that we are still going down in a descending wedge to complete wave 5. The "a" label is wave a of an abc to complete wave iv of the wedge/diagonal. Click on my post from 28 March for a daily and weekly chart to see what I mean.
Whether its a "a" or "i" we both agree that there should be a lot of pips to the upside after a three wave pull back.
If the upper trendline on my daily/weekly breaks we will have the answer!
Thanks for sharing your view.
Cheers

Edit: I also have a similar possibility for USD/CHF

Originally Posted by Gray

Hello Aerocom

I agree about the multi year triangle for wave 4 but one possibility is that we are still going down in a descending wedge to complete wave 5. The "a" label is wave a of an abc to complete wave iv of the wedge/diagonal. Click on my post from 28 March for a daily and weekly chart to see what I mean.
Whether its a "a" or "i" we both agree that there should be a lot of pips to the upside after a three wave pull back.
If the upper trendline on my daily/weekly breaks we will have the answer!
Thanks for sharing your view.
Cheers

Edit: I also have a similar possibility for USD/CHF

I also think this is a possibility. The down move does not feel complete. The move up is starting to give me some pause for concern. Although, I am counting 5 up here it could be a zig-zag. I will ride it out. One other thing of concerns is the break in reverse correlation with the Euro$.

Good Luck.

Originally Posted by aerocom

I also think this is a possibility. The down move does not feel complete. The move up is starting to give me some pause for concern. Although, I am counting 5 up here it could be a zig-zag. I will ride it out. One other thing of concerns is the break in reverse correlation with the Euro$.

Good Luck.

Hy aerocom

i see that you are looking for 1,0400.It's that your final count for upp beffor the pull back.
Im jus asking couse i have similar count and wondering if i's goona pull back to 1,0100 are.

Thank's

Mozart

Originally Posted by Gray

$YEN may have completed a five wave trend sequence right in the resistance/target area from my previous post. Looking for a three wave pull back now to complete wave b in the 80.5 area.

... just maybe one last push higher to complete 5 per my count ... this down leg looking so crazy lazy ...

N/U Short Term





Best
Vincy Balboa

Possible count, waiting for more up.

Main 4H


Alt count 8H Observe the inverted H-S-pattern with the upsloping
neckline and increase of volume....


See previous post Gold

The point of trading is to make money and if your count works for you Mozart then more power to you. Many traders read books on trading and take what they have read as a "golden" rule afraid to think outside the box. Those of us who see new possibilities in traditional theories and modify such theories to our advantage are true visionaries. Good luck trading. P.S. In reference to the comment made by a member two days ago criticizing your count.

Originally Posted by Easy Trader

Hmmm, so "b" is now impulsive? I was wondering what the hack is this new theory, it's not EW, not Wolf ... ahhhh, it must be something new
Can you elaborate on this, please ?

Are you sincerely curious? It just sounds like you are trying to be sarcastic. This is just cause to be banned as this type of post is not welcome.

Cable test of 1.62, before reversal?



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