Any reason why you don't use wave relationships - particularly in projections - to identify waves? In general corrections can be shorter as you say (excepting complex) but here's an example of how they can last for ages in the Wave (II). You'll see ...

Elliott Wave Trading

I have had quite a few cycle guys talk to me. At times they have been spectacularly right... at others spectacularly wrong. The best appear to be lunar cycle related. I will first admit I haven't studied cycles thoroughly but I honestly can't see ...

Elliott Wave Trading

While I do expect the rally you suggest I am not convinced that this is the start... However, there are a good deal of conflicting implications at this point in time and more likely I (hate to) think that we could still see more daily ...

Elliott Wave Trading

We should have a "Like" button on here!

Elliott Wave Trading

Elliott Wave IS an indicator. It is NOT a system... Traditional Elliotticians look at swing highs and lows to judge where the wave endings lie. I look for consistent wave projections that are interlinked across the wave degrees to establish common ...

Elliott Wave Trading

I'm not surprised you can't make sense of EW ... it's wrong! It can't forecast for toffees... I talk my adaptation (Harmonic Elliott Wave) It's still needs a great deal of attention and understanding but does raise the ability to forecast. However, ...

Elliott Wave Trading

Getting there...! Wave V is a projection of the start of Wave I to the end of Wave III and projected from Wave IV. You have a 5-wave Wave -v-! (I suggest you look at that in the same was as the deep Wave ii of Wave -c- / -iii-...)

Elliott Wave Trading

That's a lot closer to what I have (although there's always room for me to make errors too...) Gold is quite a noisy market I find so it does take a lot of attention and adjustments. Noise can make the choice of labelling difficult as several ...

Elliott Wave Trading

Glad to see you trying to work with HEW! Just a few pointers: In the lower chart you have Wave v developing as a 5-wave move... which would imply a Wave a. Also, above there in Wave c/ iii I note that you have a Wave -v- that is massive. I don't ...

Elliott Wave Trading

I still think there's one more leg lower to come. Not sure whether it'll be direct though. Corcodel Glad you are making use of the spreadsheet! Do use it over all wave degrees and beware of deep Wave b of iii's... I don't think we're seeing a Wave ...

Elliott Wave Trading

WEEKLY OUTLOOK FOR AUDUSD Good trading Ian

Elliott Wave Trading

A couple of updates I couldn't post yesterday because of the down time: GBPUSD TO EXTEND LOSSES GOLD OUTLOOK FROM THE 13th NOVEMBER 2012

Elliott Wave Trading

OUTLOOK FOR THE DOLLAR INDEX FOR THE COMING WEEK

Elliott Wave Trading

In addition to the Wave -iv- today's analysis identified the Wave -a- of Wave -v-. url You see that a lot can be forecast in advance by understanding the real structure and real method of how ratios work...

Elliott Wave Trading

It's a pleasure to discuss Elliott Wave... or more accurately Harmonic Elliott Wave. I will ask one question that I'd like you to think about. How did I know that the 1.3300-16 area was going to provide a reaction and successfully identify the ...

Elliott Wave Trading

Well, if I may I will disagree! It was corrective... I have shown the structure with key ratios. All Wave iii's came within 1-2 points of valid projection ratios and alternation between the ii & iv's valid. The Wave v's also good. In my world there ...

Elliott Wave Trading

That was a corrective wave... and is demonstrated by the fact that there was no alternation between Wave ii and Wave iv. My apologies, but the idea of having both the Wave ii high below the Wave i and the Wave iv below the Wave iii is pushing the ...

Elliott Wave Trading

Hi Pindang Now that Cable has broken the prior low I hope you don't mind if I offer some guidance if I may. I'd like to think it will help and intend it in that spirit. First of all you had a 3-wave Wave 1 so something had to be wrong from that ...

Elliott Wave Trading

Tongue in cheek... two quotes from John Kenneth Galbraith: - The only function of economic forecasting is to make astrology look respectable. - Economics is extremely useful as a form of employment for economists.

Do Elliott waves work?

Traditional EW cannot be pinned down as you never know when a wave will extend, which wave will extend, whether an expanded flat is 23.6% or 180% or whether there will be a failed fifth etc. As far as I have discovered there is a standard structure ...

Do Elliott waves work?