Thread: Elliott Wave Trading Discussion

Originally Posted by aerocom

Facts are facts.

Please go back and pull my charts. No pretenses. But, for every chart of mine make sure you pull one of yours that contradict. Don't forget the ones you did post where you later changed your mind.

Prove you are better. Show me some counts. Show me where you were right.

Good Luck.

Aerocom, a great majority of posters here simply post their charts with some brief explanation, without any personal flaunting and taunting against anyone else. That's what forum exchange should be like. You've always been a star. Forums are venues for exchange, not head-on competition, it's never about whose charts are right or wrong, but simply posting and sharing to see if there might be other views. Those who are sure of themselves or at least with good manners don't take others' counts or different opinions personal. Only the insecure would seek self-validation through picking on others and taking things personally. Now I get the drift why Mozart always seems so calm too.

Originally Posted by stanchiam

i am not as free as you, in fact you and my friend mozart are in the guess list
i will leave the job to you since u want to prove me wrong(gibberish).....lol
i have already show and as said earlier, its you who pretend not to see it
Good Luck.

Stan;

It is not a matter of proving you wrong. I am wrong sometimes. I accept that as part of the game. Just today, I shorted the $yen. Went to lunch thinking I would come back with a nice gain. Well, when I put the trade on, I set my take profit at 15p as opposed to 150.

I think you should be respectful of others. I have seen charts here that I disagreed with including yours and I remember when you first started posting EW charts. I didn't ridicule you as you have done with some here. When you first started, you didn't either. What I usually do is post my chart showing my view. You could do the same, no comment with the exception of explanation.

I know you have noticed, we don't get near as many people posting as we have in the past. But, there are a lot of people looking.
Lets pledge to make this a site where people can freely come to learn.

Good Luck.

This thread is open now - there is no reason to ban anyone on what I have read. I will however talk about this with Greg later today. You need to chill and treat each other nice. Who care if counts are right or not - when its all about the $$$$ ??

How to Be Humble

Conduct an honest evaluation of yourself. Honesty with yourself is the best policy. If you know you are weak in a certain area, your enemies will not be able to have that power over you. Accept yourself as you are.

Understand your limitations. No matter how talented you are, there is almost always somebody who can do something better than you. Look to those who are better and consider the potential for improvement. Even if you are the best in the world at doing one thing, there are always other things that you cannot do, and may never be able to do. Add to this the fact that there are a great many things that no person can do, and you can get some idea of your limitations. Recognizing your limitations does not mean abandoning your dreams, and it does not mean giving up on learning new things or improving your existing abilities.

Recognize your own faults. We judge others because it's a lot easier than looking at ourselves. Unfortunately, it's also completely unproductive and, in many cases, harmful. Judging others causes strife in relationships, and it prevents new relationships from forming. Perhaps even worse, it prevents us from trying to improve ourselves. We make judgments about others all the time, usually without even realizing it. As a practical exercise, try to catch yourself in the act of judging another person or group of people, and whenever you do, judge yourself instead. Consider how you can improve yourself.
Appreciate the Talents of Other People

• Appreciate the talents and qualities of others. Challenge yourself to look at others and appreciate the things they can do and, more generally, to appreciate people for who they are. Understand that everybody is different and relish the chance you have to experience different people. You will still have your personal tastes, your likes and dislikes, but train yourself to separate your opinions from your fears and you will appreciate others more - you will be humbler.
• Stop comparing. It's nearly impossible to be humble when we're striving to be the "best" or trying to be better than others. Instead, try describing things more objectively. Rather than saying that so and so is the best guitarist ever, say what exactly it is that you appreciate about his skills, or simply say that you like his playing style. Let go of meaningless, simplistic comparisons, and you'll be able to enjoy doing things without worrying about whether you're better or worse at them than others.

Acknowledge Your Limitations

Don't be afraid to make mistakes. Part of being humble is understanding that you will make mistakes. Understand this, and understand that everyone else makes mistakes, and you will have a heavy burden lifted off of you. Any one person can know only the smallest bits and pieces of the tremendous knowledge that has accumulated over the past. What's more, each person experiences only a sliver of the present, and knows little to nothing of the future

Don't be afraid to defer to others' judgment. It's easy to acknowledge that you make mistakes and that you're not always right. Somewhat more difficult however, is the ability to acknowledge that in many cases other people—even people who disagree with you—may be right. Deferring to your spouse's wishes, to a law you don't agree with, or even, sometimes, to your child's opinion takes your recognition of your limitations to a different level. Instead of simply saying that you know that you're fallible, you take action based on that fact. Of course, if you know that a particular course of action is wrong, you shouldn't follow it. On closer inspection, though, you may realize that you don't actually know this as often as you think you do.


Help Others
Help others. A big part of being humble is respecting others, and part of respecting others is helping them. Treat other people as equals and help them because it is the right thing to do. It's been said that when you can help others who cannot possibly help you in return, you have learned humility.

Practice gentleness. Gentleness of spirit is the sure path to humility. Use 'Aikido' where possible when faced with conflict. ie. Absorb the venom from other's attacks and react with gentleness and respect.

second try ;D the thread should be open now.

This is how I am now counting it…

Top 10612

A – 10410 – 202 points
B – 10544 – If you look at it, its an (A-B-C) Flat. The C leg was impulsive and in 5 waves
C – 10342 – This target is because at minimum C should equal A. So 10544 minus 202 is 10342

Hello Elliott Wave Traders!

Let me first say, I have always been impressed by the thoughtful analysis, camaraderie, and sharing that happens in this thread.

However, we have had a member that has not supported the ideals shared by a majority of the Trading community. After warnings both public and private, Stanchiam has been permanently banned from the DailyFX forum community for not adhering to the rules of conduct that make this a place where traders can feel free to express their ideas without fear of ridicule.

I know that some traders have left our community because of these distractions; we are here to trade and to make pips!

Please let others know that it is Ok to come back!

Alex and I will be more present to "keep the peace".

Let's get back to Trading!

Thanks for your posts and your brilliant chart work!

Regards,

Gregory McLeod
DailyFX Forum Moderator/Trader

Originally Posted by Gregory McLeod

Hello Elliott Wave Traders!

Let me first say, I have always been impressed by the thoughtful analysis, camaraderie, and sharing that happens in this thread.

However, we have had a member that has not supported the ideals shared by a majority of the Trading community. After warnings both public and private, Stanchiam has been permanently banned from the DailyFX forum community for not adhering to the rules of conduct that make this a place where traders can feel free to express their ideas without fear of ridicule.

I know that some traders have left our community because of these distractions; we are here to trade and to make pips!

Please let others know that it is Ok to come back!

Alex and I will be more present to "keep the peace".

Let's get back to Trading!

Thanks for your posts and your brilliant chart work!

Regards,

Gregory McLeod
DailyFX Forum Moderator/Trader

Wow i remember Tiger whit the seame atitude and outcome...
Good to have you around Greg

Update for 1 H chart...and i would love to hear you'r ideas and tought's about itt

Thank's

Attachment 144511

Originally Posted by Mozart

Wow i remember Tiger whit the seame atitude and outcome...
Good to have you around Greg

Update for 1 H chart...and i would love to hear you'r ideas and tought's about itt

Thank's

Attachment 144511

Interesting take... can you post a chart showing how you're counting the move down from 10612. Thanks

Originally Posted by Hope/fear

Interesting take... can you post a chart showing how you're counting the move down from 10612. Thanks

You welkome

There you goo 4 H Chart

Attachment 144519

Originally Posted by Mozart

You welkome

There you goo 4 H Chart

Attachment 144519

Thank you for this but... if its an A-B-C expanded flat as you depict, wave C should be impulsive as in 5 waves down. Remember a flat is 3-3-5

Originally Posted by Hope/fear

Thank you for this but... if its an A-B-C expanded flat as you depict, wave C should be impulsive as in 5 waves down. Remember a flat is 3-3-5

Thank's ... im goona remember that...

Here is my Eur$ chart from yesterday. If the market dictates change, I will.

Good Luck.

The $Chf. This may not be as rewarding as the Eur$

Good Luck.

We got healthy values for most currencies pairs except GBPJPY, USDCHF and AUD/USD. In essence we should expect further USD weakness over the next few days. Note that if you are scalping then you do not need to care about the SSI report.

Originally Posted by aerocom

The $Chf. This may not be as rewarding as the Eur$

Good Luck.

According to my count the $chf waves a & c should be equal at .9529 and the Eur$ at 1.2597. Watch these areas for a turn.

Good Luck.