This motive wave is good. Somehow I found it counts correctly in DJIA. Economy is still moving up same with my count. But its count does not have wave E. Although it is different with my count, we are still in same direction. Cool. Motive wave overall count is precise somehow depended on data provider server whether it has the earliest data or not. I also have an interest to get it. Price wise is not so expensive compared to ELwave. I would like to try another tradestation 2 with this elliot wave. Still under evaluation.
If as according to motive wave, this year lowest is wave 2, and last year high was wave 1. My own count is almost the same. Thus i believe EUR will never drop below 1.23. We are only can go for long in long term investment.
If as according to motive wave, this year lowest is wave 2, and last year high was wave 1. My own count is almost the same. Thus i believe EUR will never drop below 1.23. We are only can go for long in long term investment.
The concept that used in Motive Wave is without the wave E and what i share is USDX monthly from 1970 by using its concept. I found out it was programmed in this way. I am not going to buy it. Interesting, huh
The concept that used in Motive Wave is without the wave E and what i share is USDX monthly from 1970 by using its concept. I found out it was programmed in this way. I am not going to buy it. Interesting, huh
software can only count 1 to 5 and abc, that is all, it cannot do anything more complex than that
software can only count 1 to 5 and abc, that is all, it cannot do anything more complex than that
Yeah. Difficult to write a program with wave e. 61.8 of wave D or It will get confuse if complex wave wxyxz consists of 5,3,5 or 3,3,3. Make it easy to compile it and easy to get fast money. But it looks similar to my count. That's allright to me. Wasting money to me but good for newbies. Important thing to me is i need to have full set of data for GBPUSD, USDCHF and USDJPY to count where are we now. I wonder why most people predict the S&P is bearish ? Are they blinded by moving averages ? Moving average is an average of days moving price that in exponential (x to power 2) or simple average by day. All indicators is written by using moving average tends to have leading and lagging in the lines crossover. If it is not correct by using lines crossover, then how to use it correctly ? . So what is the best tool ? Of course Elliot wave. Then how to mark it correctly ? Yuppee
Yeah. Difficult to write a program with wave e. 61.8 of wave D or It will get confuse if complex wave wxyxz consists of 5,3,5 or 3,3,3. Make it easy to compile it and easy to get fast money. But it looks similar to my count. That's allright to me. Wasting money to me but good for newbies. Important thing to me is i need to have full set of data for GBPUSD, USDCHF and USDJPY to count where are we now. I wonder why most people predict the S&P is bearish ? Are they blinded by moving averages ? Moving average is an average of days moving price that in exponential (x to power 2) or simple average by day. All indicators is written by using moving average tends to have leading and lagging in the lines crossover. If it is not correct by using lines crossover, then how to use it correctly ? . So what is the best tool ? Of course Elliot wave. Then how to mark it correctly ? Yuppee
show me your count of drop from 1422 - then I will tell you
Yes I do. I apologize for taking so long to get back with you on this. I notice this while playing with the ratios yesterday after I posted that I did not have any valid price ratios. Well I have the spreadsheet that I use set up for impulsive and corrective waves. I decided to plug prices in the impulsive cells and here it is.
You can translate to wxy but, here there is no overlap and no rules broken. Wave 3 is slightly longer than wave 1 (1.04% of wave 1) in price and the same (1) in time. Wave 2 is .35 percent (a contracting ratio of a square) of wave 1 in price and .111 (a contracting ratio of the cube) in time. Wave 4 is .5 of wave 3 in price and .88 in time. Based on the empirical evidence, I would say that the Nzdusd is likely to trade higher in an extended 5th wave. The likely targets are; 5th wave principle target at .8186 and; 100% of wave 1 at .8170. The .707 retracement of the move down is .8179.
Just checked the AudUSd and don't get the ratio fit that I do here. The AudUsd from a time standpoint though is more exacting and based on the time slices, I would say both are in a wxy corrective move that will probably end on July 7th with both pairs higher.
Good Luck.
This is a follow up to the above post. There is a recurring ratio of .888 in time movements in the AudUsd. Which I had originally assumed to be a numeric ratio approximating .875. However, when taking into consideration the important number 1, 2, 3; I came up with .444. Anyway, .444 is a low order subharmonic found in nature. Google search turned up some interesting papers.
Bottom Line: THE AUDUSD is in a TRIANGLE. Wave D should end in the area of 1.0670 and 1.0720.
This is a follow up to the above post. There is a recurring ratio of .888 in time movements in the AudUsd. Which I had originally assumed to be a numeric ratio approximating .875. However, when taking into consideration the important number 1, 2, 3; I came up with .444. Anyway, .444 is a low order subharmonic found in nature. Google search turned up some interesting papers.
Bottom Line: THE AUDUSD is in a TRIANGLE. Wave D should end in the area of 1.0670 and 1.0720.
Good Luck.
After a set back in E. Could it not thrust to a new high for 2012 above 1.10? Which would be terminal.
This is a follow up to the above post. There is a recurring ratio of .888 in time movements in the AudUsd. Which I had originally assumed to be a numeric ratio approximating .875. However, when taking into consideration the important number 1, 2, 3; I came up with .444. Anyway, .444 is a low order subharmonic found in nature. Google search turned up some interesting papers.
Bottom Line: THE AUDUSD is in a TRIANGLE. Wave D should end in the area of 1.0670 and 1.0720.
Good Luck.
can you show me how rsi is supporting this triangle? because my is denying
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Originally Posted by JoeyLee 
