Wav4 should be contained in the wav1/3 2/4 parallel channel Since it isn't I would consider an alt count- I might call it a corrective wave. If your a bear- your chart might look like this. UP moves would be A/B/C corrections. and down moves, ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

CHFJPY Monthly-- Still says USDCHF UP USDYEN DOWN in a big way...

JT's Journal

It's Aug 10... GY failed... Yen strength isn't going away- simple a/b/c corrections then down Appears to be daily distribution underway for GBPYEN

JT's Journal

Shot of GBPCAD... mmm... rising USDCAD and FALLING GBPUSD??? Monthly suggests... And daily shows some accumulation

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GE Chart-- 10 Days with no Volume... Doesn't look good... wavC is 1.618 of wavA- perfect correction .

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And another... good example of what happpens at ED's...

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GY 4 hr really tells it all... Aug 7-9- should be up 400 pips from here. UY in a nice corrective wave (another 100 pips up?)- and AU/EU/GU strength should give the Yen crosses enough for some nice highs over the next 4 days or so...

JT's Journal

And my UCAD...blunder... re-evaluating both Cadyen and Ucad... I was 1:1 hedged now 1:.5 hedge (closed .5 of hedge) I also had another sell so technically I'm at BE or up

JT's Journal

Watching GU- it started to look like start of an impusive wave down- but it looks more like profit taking and distribution-- tops on GU's are almost always thrusts or candle reversals- this is neither...

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Maybe I'm getting lazy in labeling but an ED end is an ED end... AUDCAD...

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Exiting GY short and going long... Later...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

UY

JT's Journal

This is a gy sell signal. high volume closing on top on hourly bar back into previous price zone (usually post news) Unfort I don't have my labeled chart-- but this is not the TOP-- just a wav2 down to the 62%. SL 137.25 TP 135.56

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Finally broke...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

It had NO SL...so when the major trend changed- the DD would be catastrophic.

Profitunity (Chaos) Trading System by Bill Williams

Vincy/Raza Is this what you are suggesting?

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

FWIW- I know of one commercial EA that was written based on this system- the drawback was getting that one "account killer" stuck on a top or bottom... It's too bad because the results can be "amazing". It's probably best just to start an EA from ...

Profitunity (Chaos) Trading System by Bill Williams

Yeah that was a good idea... Re-entering long at 1.0415 stop at 1.0383 I have a bunch of dribble reasons why and won't bore anyone... The good ride down on GY is about to begin...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

very possible GU Daily chart-- I think Raza will be very happy

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE