There are only 3 rules in Elliott Wave (which is why it is abused so much - along with Prechter's add-ons that complicate things further because he's not an analyst by nature) and the length of Wave C is not one of the rules.

Elliott Wave Trading

I've seen plenty of Wave -c-'s that are 261.8%! Don't know who updates Wiki but that's total bull poo...

Elliott Wave Trading

Patience! It'll come. This year is going to see some humdingers of moves I think... Forex and equities...

Elliott Wave Trading

Hi Corcodel Wave efb... normally up to 38.2%. While I don't keep stats on it I'd say anything above 38.2% is less than 5%-10% on the majors. Where I do see stronger expansions it's in the lower liquidity pairs - the crosses, Aussie etc. I also see ...

Elliott Wave Trading

I did look at the labelling... that's why I asked the question. It's not logical or valid! Take a look at page 310 onwards... It'll give you an idea on the real count...

Elliott Wave Trading

Could you possibly provide an explanation of your Wave (1) please? From what I can see it doesn't follow any form of EW... an ABC and then 5 waves?

Elliott Wave Trading

I wish you all a splendid Christmas with your families and a Harmonic New Year!

Elliott Wave Trading

Wave iii minimum 176.4% Wave b - depends on where it is placed but in general just note that Wave b's are the most troublesome of all waves Wave c - I don't see many above 261.8% but have on a few occasions seen above 300% but mostly in EURJPY ...

Elliott Wave Trading

Thank you guys for listening to my ravings! I promised to demonstrate how HEW works and I hope you've seen the results. Just as a summary of the move I have attached the chart with the ratios across as many fractals that I could fit in. Some of them ...

Elliott Wave Trading

Absolutely, each to their own. The basis should be the ability to forecast on a regular basis with accurate targets and using a structure that allows that. If you can manage to do that with CEW then all power to your elbow!

Elliott Wave Trading

Extended waves do not exist...

Elliott Wave Trading

Don't ask me to comment on CEW as I always laugh at CEW counts as they are so arbitrary... (Not aimed at you in particular - just in general... because I can't switch back to that perception as it isn't logical and doesn't make sense to me any ...

Elliott Wave Trading

It's even better if you can spot that it's an impulsive structure and not corrective... However, we can talk about that next month when it gets above 1.3832.

Elliott Wave Trading

Oh, I thought you were bearish from 1.3626... How come you've changed your wave count so many times?

Elliott Wave Trading

The direct rally is more indicative that the high is imminent. It could either in place now or will by around 1.3800-10 to complete Wave [c] / [v]. The 1.3800-10 area is the 50% projection in Wave [v]. Expect a correction lower. I'll be using USDCHF ...

Elliott Wave Trading

Could you kindly show me the trend please? When doing so, do remember the definition of a trend: Uptrend: higher highs and higher lows Downtrend: lower highs and lower lows...

Elliott Wave Trading

Yes, it was 3-3-3-3-3... You can't look at a chart and just use the major swing highs and lows... There were some intermediate deep Wave b of Wave iii's in that.

Elliott Wave Trading

Looks like my first estimate above was right... Wave [a] seen and now a pullback in Wave [ b ]

Elliott Wave Trading

For the "triangle" you have please see: url . You don't get expansions of that size. Also look at url . However, I am more of the view that we may have seen the final low.

Harmonic Elliott Wave (HEW)

Pre-retail broker trading late Sunday saw a high at 1.3742... The structure is not the easiest to call but from USDCHF I think that we've seen Wave [a] and are now in Wave [ b ].

Elliott Wave Trading