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wwwin replied Nov 26, 2006Corrective waves — From what I know, corrective waves can take many many different forms, and that is why they are so difficult to trade and see before they are finished. So I dont think that they have to have 5 subwaves. Zigzags are perfectly ...
Elliot Wave Practice--post it here!
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wwwin replied Nov 26, 2006Could be — I think it is the same thing, you have zig zags of a lesser degree making up the larger corrective waves. You are just showing greater detail by going one degree smaller.
Elliot Wave Practice--post it here!
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wwwin replied Nov 25, 2006OK, first post — Here is the way I see GBPUSD. It is a good idea to request that people with all kinds of opinion post so that we can compare the counts of others and learn more. This is a subject that takes time to master.
Elliot Wave Practice--post it here!
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wwwin replied Nov 25, 2006Leverage — Leverage and a pip's worth have nothing to do with each other. 1:200 means that you can buy up to 200 with 1 in the account, and so forth. If you want 1 pip to equal $1, then you buy 10,000 worth of the currency where the counter ...
Elliot Wave Trading
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wwwin replied Nov 25, 2006Breather — Yes, it may take a breather, but this is not the highest it is going to go
Elliot Wave Trading
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wwwin replied Nov 25, 2006Nisson's book — Which of these 3 books by Nisson should I get? Thanks. Hope you make a million. <TABLE class=searchresults cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR><TD class=searchitem id=Td:0 width="100%"><TABLE ...
GBP or EUR long this month?: How was your profits?
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wwwin replied Nov 25, 2006X — I also had one chart showing the low of 10-11-06 as ending an X wave. Which agrees with your view.
Elliot Wave Trading
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wwwin replied Nov 24, 2006? — Could you please make an exception and post this chart? I am trying to figure out where you have the "downward wave 4". I have tried to see how you come up with this downward wave 4, that "could come down as far as 1.8050" but cannot ...
Low Risk, High Reward Trading Experiment
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wwwin replied Nov 24, 2006Yes — I don't know about 2.000 just yet, but I would say that the MINIMUM price objective is 1.9600.
Elliot Wave Trading
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wwwin replied Nov 24, 2006Gbpusd — I would not sell pound right now, I believe we are on impulse w3 of one larger degree than previously being followed. In addition, it broke out of an expanding triangle today where the price objective would be the width of the ...
Elliot Wave Trading
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wwwin replied Nov 24, 2006Paperback — I have the paperpack edition published in 1999. I think all editions are the same, except that they update their general idea of the market, but the stuff on EW is all the same.
Elliot Wave Trading
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wwwin replied Nov 23, 2006Data — You can get 25 year price data for MT or other software at this site http://www.alpari-idc.ru/en/dc/databank
Low Risk, High Reward Trading Experiment
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wwwin replied Nov 23, 2006Good — It is considered the definitive book on EW. It is the first book that you should read on the subject. That was the best choice. It is a complete book on EW theory. Other books may have more examples or trading ideas, but you would need ...
Elliot Wave Trading
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wwwin replied Nov 22, 2006Works even if it does not work — You don't have to go back too far to see an example of EW working even when it does not work. Take USDJPY today, when w2 went below w1, at at about 117.13, if you have shorted there, you would have picked good ...
Elliot Wave Trading
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wwwin replied Nov 22, 2006Mastering Elliot Wave — I think it is good b/c it resolves some of the ambiguities of the Elliot Wave Principle, but you have to have read "EW Principle" first, in my opinion. It's like a reference book that you go back to, since it has so ...
Elliot Wave Trading
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wwwin replied Nov 22, 2006Wow, that is indeed a close call. It could really be either abc and beginning of impulse or ab and waiting for c. Both comply with rules and guidelines. Will study over weekend and see if any of the Neely extensions would shed some light. This might ...
Elliot Wave Trading
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wwwin replied Nov 22, 2006Lol — Yes, yes, yes, I finally saw the bounce, although I had to buy inversion boots to be able to see it without straining my neck. My back feels better though. Great boots. I strongly recommend these to anyone daytrading FOREX
Elliot Wave Trading