Thread: Elliott Wave Trading Discussion

Again you are picking up on me. You asked me to check the gap on S&P last time. I do not see you can predict S&P correctly. You cannot predict correctly all the times since you know elliot so well. Is that anything wrong with your theory? Your post is like patching work without a ground. Somehow this is your discussion room. I let you to have a big talk about your EW. Not like you, I am getting improved with a long term data. . Bye Bye.

Originally Posted by JoeyLee

Again you are picking up on me. You asked me to check the gap on S&P last time. I do not see you can predict S&P correctly. You cannot predict correctly all the times since you know elliot so well. Is that anything wrong with your theory? Your post is like patching work without a ground. Somehow this is your discussion room. I let you to have a big talk about your EW. Not like you, I am getting improved with a long term data. . Bye Bye.

Hey Joey. Stick with your system if it works for you. I wish people would just make helpful suggestions instead of criticising things they don't understand.

Originally Posted by Ikee

Hey Joey. Stick with your system if it works for you. I wish people would just make helpful suggestions instead of criticising things they don't understand.

I agree, it is apparently growing out of control.

EUR/CAD




I was wrong triangle not complete yet. Closed out. Expectation below B. We shall see.
EDIT: EURO bounce coming EUR/GBP looks ready to take back losses too
Peace

looks like we have corrective rally on crude. waiting on impulsive fall from one of resisatcne levels



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Hi JoeyLee,

I like you posts. I'm just learning EW and trying to follow your charts, what program do you use?

EURUSD count is up to 2 from the high right? so we should see a large move down now, what level would wave 3 likely finish?


Cheers

Originally Posted by whaleman7

Hi JoeyLee,

I like you posts. I'm just learning EW and trying to follow your charts, what program do you use?

EURUSD count is up to 2 from the high right? so we should see a large move down now, what level would wave 3 likely finish?


Cheers

Yeah... elliot..O.. You are using tradestation therefore this is suitable for you...

FXCodeBase.COM: Forex Chart Indicators and Development • View topic - TWP indicator

People like to criticize my count not based on elliot. This program will tell you..

I still decoding it into mq4..It is more complicated write in lua rather than in MQ4..

I have been following the $cad pair as a diagonal. The price of the pair hit my target .9930 but, has not rapidly reversed. A reversal may come later today but, I am falling back on my alternate count of a complex tripple.

If the pair is in a tripple, wave c of y of 2/B should end at about .9855. I have not done any date calculations as of this post.

Good Luck.

Well Areocom I have been waiting for this turn and here is what I think is a possibility hoping it is a wave 2 and not a B but readying for a nice move north.

Anyway after much frustration cannot find my chart I was gonna post and so I will quite trying before irritation sets in. Gotta head out rock climbing in the mountains, last day before I heading home.

Nyway I was thinking of it as a double still. I could not reconcile your second x wave as a 3 wave affair (not that that counts for much ] I have it as C of B of Y and am looking for Y to end at the s2 level as a couple of fibs say it is a lovely spot.

Off to to the mountain.

USD/CAD I count 5 waves down from 9990. Greed take over. Let it join USD/CHF, SGD longs. tight stop. Bottom looks in.

Edit: Although maybe a factor. EUR/CAD still look to have a another 75 pips down to go, not sure about market correlation.

Peace

I said it yesterday and I am happy to say it again Thank you for signing up! We had good activity in most threads today which is great!

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Originally Posted by aerocom

I have been following the $cad pair as a diagonal. The price of the pair hit my target .9930 but, has not rapidly reversed. A reversal may come later today but, I am falling back on my alternate count of a complex tripple.

If the pair is in a tripple, wave c of y of 2/B should end at about .9855. I have not done any date calculations as of this post.

Good Luck.

hello aerocom, my long eurusd was filled today at 1.2278 looking for 1.2550+, against crowd sentiment, stop 1.2200. are you long this pair? whats your thought?
cheers

Originally Posted by tomaz

hello aerocom, my long eurusd was filled today at 1.2278 looking for 1.2550+, against crowd sentiment, stop 1.2200. are you long this pair? whats your thought?
cheers

No! I am not. I have been short since the 6th of Aug. I think wave 5 is underway. However, Your play may be good one with all the complex corrections in the making. Additionally, I am leaning toward the possibility that the downward sloping triangle will be retraced. In that regard, I am watching 1.2315.

Just posted and noticed a bearish hook in the sma on the 1hr chart. Staying short.

Good Luck.

Originally Posted by aerocom

No! I am not. I have been short since the 6th of Aug. I think wave 5 is underway. However, Your play may be good one with all the complex corrections in the making. Additionally, I am leaning toward the possibility that the downward sloping triangle will be retraced. In that regard, I am watching 1.2315.

Just posted and noticed a bearish hook in the sma on the 1hr chart. Staying short.

Good Luck.

ok, I'm staying long per my plan, I see a retrace until 1.2600 before I start adding shorts, until then long is the way, unless I'm stopped out of course

Admit I am still learning, and post to much. Always re-reading EW book, and rechecking book. Made me a better trader. Much to learn. Not sure of pattern, or count. But one thing for sure. Corrective pattern. GBP is not bullish, and ready to fall in what I believe will be wave 3. Correction, and GBP look tired. Done posting for awhile.

4HR GBP/USD
Peace
Edit: Good thing book has pictures in it. LOL
From CNBC Money in motion. "Some 77% of traders are long the pound against the yen, up from 72% on Wednesday. And while that may sound like good news for the pound, it's not. "