here's what I mean...notice divergence on awesome oscillator...wave 5 creates divergence because it is not as strong as wave 3

Elliott Wave Counting with EG

Here's where most miss the EW bus.......if wave 3 is extended, MAKE SURE YOU CAN COUNT 5 subwaves.....wave 4 of 3 fools most people into believing it's wave 4 of a higher degree....where you have 5 is just the end of 3 and the drop is 4 and the new ...

Elliott Wave Counting with EG

You know, I've never paid any attention to a.b.c or a,b,c,d,e...just take the buy trade...I'm going to sleep well tonight......LOL.....Hope you took some of this out of the market.......

Elliott Wave Counting with EG

our flag has morphed a little but still very valid...still looking for the break up!

Elliott Wave Counting with EG

Hey Derek......hows life? I just joined....something to fill my time between trades.........Tim

Elliott Wave Counting with EG

yes, technical target for this particular pattern will be 100 pips above breakout level......flags are formed from people taking profits during slower hours of trading.....the wave itself was not done forming before volitility fell off for the ...

Elliott Wave Counting with EG

This is called a bull flag pattern.....break will be up.....

Elliott Wave Counting with EG

EG, I used to have the same count on monthly Yen....but I do not see your A wave as a 5 wave move...only a 3 wave......making it an a of an abcde...it is however my alternate count....right now on the daily, all the impulse waves are down at least ...

Elliott Wave Counting with EG

Head and Mathamatical measurement according to fibonacci......there is no such thing as reliable EW software........

Elliott Wave Counting with EG

Wavez, is there any forum you don't belong to??? do you really trade? I doubt it....anyone with the disclaimer about Elliot Wave Like his, that it is only a probability and not cast in stone is a poser and covering for his lack of ability to count ...

(Euro) Elliott Wave Formations

I have just joined and will post also,.....to expand slightly in what some have said, EW is a product of Fibonnaci Math.....Fibonacci Math is a reading of growth, death, Human Nature enmass, and is used in nature extensively, and is in fact a ...

The Basics of Elliott Wave Theory

Fibonacci math....382, .618, 1.00, 1.618, 2.618, and 4.236 Chaos awesome oscillator...retracement waves are confirmed with this indicator and wave 3's will show as the largest peaks.....wave 5's will have divergence...most retracements will cross ...

Elliott Wave Counting with EG

I'll let it drop a little lower before entering at least 50% of impulse up, and preferably 62% before entry using origin of rally as my stop loss.....IF I miss the bottom, no big deal, I can go to a shorter time frame (1hour) and trade off wave 3's ...

Elliott Wave Counting with EG