Search results

No problem. If I am understanding your first series of questions correctly, you are asking 'if I count 18 points in an uptrend and go short, what happens if I don't get an 18 point downtrend to follow?' Well, if your count is structurally sound using the principle of "significance" (which...

Charles, I looked at your graphic. It's an interesting strategy that I think should work rather well. Part of my theory of movement is that the low sequences tend to extend over 3 larger waves. It's more than a theory really, it happens all the time. If you take 2 movements of 3 large...

Well, 22 points IS the most extended count I am aware of, therefore it is the safest to trade. But the 18 point count also pops up with great frequency... It isn't quite as simple as continual trading of 22 point counts in oscillating directions... ...I've just posted some info above that...

All the mention of high, low, and connecting structures may start to sound a bit confusing, but here's the thing... PERSPECTIVE in the market is everything. At some scale ALL MOVEMENTS CONFORM TO THE LOW COUNT SEQUENCES. The high counts are simply manifestations of low sequences playing out...

I think I understand your question... The basic assumption is that, after a count has played out in a certain direction, another (high, low, or connecting structure) will follow in the opposite direction. Since most trends turn soon after the last wave breaches the last counted point...

There are of course, cases where the structure of the movement does not define the terminal as closely as might be desired. I've found that these cases are somewhat rare, but when the end of the movement is marked by high volatility it can happen. The current 30 min. Dow and Nasdaq movement...

Good suggestion. I will keep that in mind over the coming week or so and see what I can do. I've already posted my weekly analysis of the Dow in the previous thread. Here it is again for convienance... Really, the entry is built into the count. It is always above or below the first red...

Didn't mean to dominate the thread but I wanted to get all the charts up at the beginning... thoughts? fx

Here's one for the day traders. A recent 22 point count in a 5 min. chart. fx

Low sequences have the tendency to stretch over 3 larger scale waves. I see this all time in price behavior... fx

All movements, at some scale, belong to one of the low count sequences. This S&P chart demonstrates the fact. fx

This chart shows 3 Nasdaq movements and all three low count sequences in succession from left to right... a 22 point, 14 pt. and 18 pt. rgds, fx

Guess the attach didn't work - here it is... fx

It's become apparent to me, thanks to your participation in the last poll, that there is a rather negative view of Elliott wave theory out there. 3 to 1 against, in fact. A number of traders have evidently gotten burnt with it. I want to begin by saying THIS IS NOT AN ELLIOTT WAVE THREAD. My...

Quintrix, I checked out your blog... nice. Was wondering if you might be up for a mutual link with my humble trading site. I'm already linked to Tony Caldero's blog and am looking for some more connections. PM me if you're interested! Thanks. fx

Greetings to all, Allow me to submit this graphic as a sort of real-time test of the counting sequences I've been laying out here for your consideration... The chart explains why I'm now bearish on the Dow. Of the 3 sequences I use most the 18 and 22 point are the most common (to get...

Oh God! That's so true! The media follow the market with their news, that way they can never be wrong. Not long after the 213 pt. Dow drop an Elliott Wave International writer commented on the growing absurdity of media explanations for market movements. He said: “As for "why" the Dow...

I'm afraid I'm not familiar with that. Could you elaborate? rgds, fx

I haven't found any direct application of the Koch Curve to actual trading. But it can of course be used to illustrate scaling of price... I've noticed that a number of other Chaos related ideas, while perhaps not practical to everyday trading, do aid an analyst in visualizing and...

I do take money from people outside this forum because THAT IS MY PROFESSION! I create educational products for traders, tutorials mainly, because I feel that knowledge of price behavior is sorely lacking - the conventional sources failing miserably. Think before you post. fx