As you wish, but I forecast that rally almost perfectly... I started with the DOW in July 2010 and forecast the DOW would reach 12,600+/- 200 points and drop 20% before going up to 14K again. I started forecasting the S&P at the Wave (b) to the ...

Elliott Wave Trading

Take a look at how alternation works... depth and complexity...

Elliott Wave Trading

Overlaps would not occur if you know how to measure waves that need to be from extreme to extreme... but not necessarily swing highs/lows...

Elliott Wave Trading

What you have actually spotted in terms of the "complex w3" is that really they develop in 3-waves and not 5. If you use that throughout (because you're mixing them up) you'll find things much easier to follow but you need to be aware that ...

Elliott Wave Trading

I put together some thoughts on trade filtering which may be of interest... url

Elliott Wave Trading

Ouch... there was a Wave (i) and Wave (ii) but only 14.6%... 4-hour & hourly momentum remained bullish... I hate those... However, overall it makes USDJPY very bullish - but currently requires a correction...

Elliott Wave Trading

I assume you are talking about USDJPY which, as far as I can see was the only major to top out on the 3rd July. On this move? The answer is maybe...just below/just above... but even if it does, not by a great margin. I will be expecting the ...

Elliott Wave Trading

That one will fail... Not directly, but will later. The green channel lines are speculative... currently there is no channel at all. Last week were the 24 & 48 week cycle lows...

Elliott Wave Trading

Making up those is one of the highlights of my week!

Elliott Wave Trading

I know many traders do look at this type of line. However, when considering the definition of a trend: Uptrend = higher highs and higher lows Downtrend: = lower lows and lower highs The line really doesn't fit with that definition. Yes, the 1.2755 ...

Elliott Wave Trading

I wouldn't really worry about that "trend" line. That entire move is not really a trend as such, as the peaks moved too far away from the line. More appropriate is the line from the low you pointed out but which ran up along the troughs in the Wave ...

Elliott Wave Trading

BTW, that may have been the Wave v... and not Wave a... Just as a one-off, (because you guys are my favourite forum!) I will provide the access details to the weekly video outlook. This should highlight the relationships between the Europeans and ...

Elliott Wave Trading

I did have a quick look again but just didn't have time to sit through analysing months of intraday data. What I have noted is that these repeated highs and deep corrections is beginning to make it look less and less impulsive and more and more ...

Harmonic Elliott Wave (HEW)

I agree with your overall bearishness (note my DXY cycle chart a page or two back) but would caution against being too bearish at this stage. Let me start from the weekly picture: The first image is of the forecast I made in September 2012: The ...

Elliott Wave Trading

FXBeppie In December 1992 I visited the EWI office. At that time they categorically told me that the Wave A of a triangle MUST be a single Zigzag. I have conformed this in John Murphy's Technical Analysis of the Futures Markets page 389 which was a ...

Elliott Wave Trading

There is a problem with those triangles. The Wave A in a triangle MUST be a SINGLE zigzag. Neither of them satisfied that condition. There are a lot of consolidations that look like triangles but they are not. Pattern-wise you may wish to use them ...

Elliott Wave Trading

I would suggest caution with that view - consider the DOLLAR INDEX cycles...

Elliott Wave Trading

I hate to say it, but your Wave iv breaks below the peak of Wave i... Tends to suggest an alternative count - potentially that this correction was Wave b of iii...

Harmonic Elliott Wave (HEW)

Take care when you have such a deep Wave ii... alternation tends to go out of the window. I wouldn't rule out 50% but suspect it could be a lot shallower - 38.2% is common.

Harmonic Elliott Wave (HEW)

You can add this forecast also...

Elliott Wave Trading