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Now have data and the attached Monthly shows various Fibonacci number counts accumulating in mid summer. The 2 fibos indicate how the price has reacted with levels, also suggesting to me a bottom in the US $ and future higher levels once the Fed increases the FF Rate.

Hello SethArb, thanks for your post. Please accept my apologies, I've obviously created confusion with the Weekly chart. White 28/22 Red 18 Lucas counts do not also indicate projected price levels, only Lucas counts. Price projection is limited currently to the Grey fibo Retracement...

Updated Weekly count.

Nice "2 cents" Cable.

Stuboy, most charting programs have a fibo price levels tools, fewer have a fibo time projection tool, plus there are 'specialist' programs such as FibonacciTrader, Dynamic Trader, Advanced Get and others that provide both; look for those where you can 'program' and Save fibo levels. Lowest...

The very excellent and FREE image capture tool MWSnap is available at: http://www.mirekw.com/winfreeware/index.html

Attached Daily June 1/04.

Data Request: can you provide me with historical Daily data of the US$ Index going back to 1982 or earlier, ASCII/txt format, descending date ? please pm me and thanks. In the 'FX Time Projections/Counts' post, see: http://www.elitetrader.com/vb/showthread.php?threadid=32043 I failed to...

" FXCM will lower margin requirements on Sunday June 6, 2004 at the open of trading. As a result of this change: Margin will be the same for all currency pairs. Margin will no longer be based on notional value, but on a fixed dollar amount per lot. The new (default) margin requirement for...

Attached copy of BA Trader's 'hypo.jpg' from page #11 to illustrate counts. Read: http://www.elitetrader.com/vb/showthread.php?threadid=32043 substitute Fibonacci numbers – 3 5 8 13 etc since the method is the same.

Trying to determine the level a price Correction or Retracement will move to is difficult. There are tools and methods that go some way in helping: Fibonacci Fan, Gann Fan, Channel Lines, Pitchfork, Fibo Levels, counting bars and Wave counts that when combined aid in determining that part of the...

" Dear HyperServer Lite User, The new version HyperServer Lite (Build 297) for Universal DDE is available to download. Program Changes: 1. Optimized datafeed code 2. Fixed Bug when the total symbols in portfolio is more then 500 3. Expanded DDE functionality for support TAI Pan, RTQ...

Can't be done. Counting bars (using Fibo numbers, Lucas numbers with forex) goes some way to determine 'that' wave is complete. ABC Corrections and Retracements may have typical lower/higher C wave, be a horizontal formation, or in strong moves be a 'running' formation where B and C look like...

" Elliot Wave is a Fibonacci system all dressed up." Ho, ho, ho. Of course it is ! The point being it was Elliott that introduced it. Elliott Wave ISN'T a trading system. EW is price movement analysis — a 'Law of Nature' Elliott was unable to explain except by describing its waving...

I don't mind having a go on the Nasdaq Weekly – don't have S&P, have DJIA, timeframe should be the same.

EW theory was the first theory of price movement I came across back when the S&P contract was introduced. I used EW to trade gold and sp successfully 'pre' computers with hand drawn point and figure and Daily charts. Although wave counting was and can at times be impossible until after the fact...

Multi part 1998 pdfs: 'The Foreign Exchange Market in the United States' published by the Federal Reserve Bank of New York: http://www.ny.frb.org/education/addpub/usfxm/

Bruce: without having tested all the various trading software programs available including Wave59RT, I doubt any dedicated software can be 100 % correct all the time. Some users' complaints of Advanced Get (Elliott Wave tool) for instance is the count changes as the wave progresses; Elwave...

re: 'you can't do it'. Disagree: first, anyone making a trade IS predicting the future, they have predicted that the price will move in the direction of their trade, otherwise they'd have no trade to make. " the only thing that exists is now, and the past." the 'past' exists ??? Your "...

"So you think that if the dollar takes a 30% hit against other currencies but I live in US and earn rates that beat inflation.... that shouldnt bother me? Hmm, interesting viewpoint." "Yes, if you live in a USD universe and everything that you are ever going to spend money on is priced in US...