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Disregard that last post of mine, Its been a long day and its past mid night over here and you can tell with that last chart :eek: There is alternation as the first correction can be a double 3..

Thats a hard core Bear count :D :D At the moment I keep seeing 3 wave patterns in the structure, plus there has been No Alternation between corrections. They've been Exp Flats so I can't really, at the moment, go all out bear, untill the structure starts to change. :) Mu is probably...

I hope Mike had as much fun :D

Enjoyable afternoon... All the signs were there and the players played them as usual... People still mock EW :D :):D :D

Not Techincal on a 5= 1 :D :D

Again Alts can be use to keep in degree... If they break you know its changed and then its clear cut...

Thx :) Very handy example that Exp Flat B...

Update. The 1477 area is the lesser 5=1 stops & limits

Alt wave Measured move is always the first eyeball.. MM also possable wave iii target Quick scribble :)

H & S are only formed at tops... If we get something that looks like a H & S coming of a bottom then odds on its some sort of Exp Flat or a Double 2 pattern.... :)

Becarful of a Exp flat B wave if your on the 5min Mu... They look like H&S as well... :)

Not another numty :( Please if people don't like EW then fine... Why do people feel the need to gatecrash threads, are people really that frustrated with the market...:confused: No one said to follow Prechter or that he can use Un-biased EW :confused:

A chart always helps... 61.8% would clear things up a little, as one of the waves of a triangle should have this ratio.. :)

Could be a flat or triangle Mu ?? :)

Another good show by the posters on this thread :D :D I'd like to see an " indicator" thread try and do the same ... :D :D That move down will do for me today...:) Had a great week & enjoyed the thread early lunch time :D :D

Its done +14.50 points up at the moment +15 points goes stright into the 50%... The Hook trade signal will also get the OR Black boxes involved :)

5 Waves into an alt and we get a gap down... nice :D :D The 1465-66 is the firstl TA point to watch out for..(alt & fib) if it gets above its 15min OR

Thanks :) Your labelling style reminded me of Neely from many moons ago..:D I'm still old school with RN, Frost, Hammy Bolton oh and there's that Precheter guy who helped write an interesting book but he still carn't seem to get to grips with EW without bias..... :D :D

Nice charts mu :) Is there a hint of Genn Neely's stuff in your work ?? :) I'll take a look elovemer.... :)

Enjoyed today :D :D Hopefully none EW'ers who view this thread might be able to start see the advantages of knowing were Traders Place there orders based on EW Technicals and how we can use this.:) If people want to learn about Alternate Waves, have a look on page 127 onwards of Prechters...