Not exactly the scenerio I was planning on...Expensive lesson... Anyway I was thinking you are correct --the same or possibly still in Wave 3... BUT One thing that has troubled me... Rule of Alteration---Daily Wave 2 was A,B,C (10/13 to 11/16) So we ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

NP Vincy-- I apologize I didn't mean to hijack your thread.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

For tracking the mkt- I use Dukascopy... Free Iphone App I just wish there was a decent one for the Droid-- I use fxcurrency on that one...

Metatrader on Iphone??

Wave 3 and 5 End with Spikes in Volume Wave 5 will also end breaking the trendline... (or in this case our wav5 is really C. As you can see I inserted my own Volume for this demonstration...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

As you can see My 1,2,3,4,5 count is incorrect-- So relabeled with the "rules" -- HOwever the results will be the same... Trendlines go between peaks of 1 and 3 and 2 and 4. Because this is a corrective wave -- we should start by looking for an A B ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Here's how I start...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Disclosure-- My crappy counting My wave counting may based more on Williams momentum (it's more like counting for dummies) then Elliott - I always start my count with 1,2,3 - as both A waves and C waves will start as such. If I'm not sure of wave ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Ucad and GU are somewhat inversely correalated (not tick for tick but can be very close)- If I get 100 pips down today- you should get your 100 pips up But it looks like your fighting dropping commodities...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

GY won't start dropping until GU resumes downtrend and UY drops with GU (contrarian moves only make GY range) just my 2 pips...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

GU Update — Chart one-- possible end to Wave 3 upon us -- (spike in Volume and MACD signals end is near)

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Vincy- sorry for the loss. Trader first... EW second... I shorted GU and GY a couple of times over the past few days--against the EW rules- but not against "my own". You've mentioned you use a pretty simple volume system- I'd be interested in ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Thanks for noticing --I was wondering if anyone would notice... These elliotticians- Pretcher, Kennedy, Williams-- mention that in Wav4- "We know that in real trading this rule may not hold true and to watch the CLOSE" So I have kept this guidline ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Volume doesn't always mean the same thing (So don't start buying every down bar with high V) ... The fact we didn't push above 1.5063 still leaves us vulnerable to a lower wave 2- 1.4889 - 1.4944 region before moving up.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Yes- (I must have missed that)--You have a different wave 5 of wave 3-- mine has ended - yours has not. Either way we both are making pips and that's what counts...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Alternate count — Possible alternate -- wav2 of 3 complete-- next stop would be 1.5444 FWIW - NFP bounced from the same 1.4990ish

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

GU My perspective still unchanged - This hourly bar will close low with high volume. (for me another buy signal) Here's the smaller view of count

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

1 post since July 2009? The only one I could find that referenced and gave examples for time was in 1. "Trading Chaos Applying Expert Techniques to Maximize your Profits" - Bill Williams p. 119 and 127 have the time calcs okay reading-- 2. "New ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

P.S. I re-read the book I have on determining time area of 1 and 2 should be multiplied by 1.62 not .62... Thus giving ~72hours till we hit 1.5444 - basically Monday...and then Wave 4 til the 19th... But who knows...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

1.4780 was the end of wav 5 of 3 on daily--- both your charts and mine show that. On the daily- Wave 4 a corrective wave - just like wave 2 - -wave 2 doesn't go lower than Wave 1 Daily -Wave 4 doesn't go lower than Wave 3. It may be a rule but I ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Yes- please explain- I have read that right angle area's of 1 + the right angle area of 2 *.62% is the area of 3 In the case of the GU I'm projecting wave 3 to end at 1.5444 (1.618 of wav1) Example on GU we would have Area of 1 = (120hrs*426pips) /2 ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE