Ewj: elliott wave

.... ed... no problem...
... you can download most books from any share website if it is an older book
... if you like i can post a list of my fav books.... then you can decide what's to your liking
Bryce Gilmore... Geometry of Markets
Pesavento.... Fib Ratios with Pattern Recognition
Scott Carney... The Harmonic Trader
Michael Jenkins...The Geometry of Markets
George Bayer...Time Factors in the Stock Market
Tom Williams... Undeclared Secrets that Drive the Stock Market
Joe Ross...Trading Futures by the Book
.... Gann .... of course... "The Basis of My Forecasting Method"
.... the list goes on... but i like those....
Quote from ed:
Elo,
Thank you so much!
I really appreciate your sharing. Will get a copy of the book you mentioned, I believe it's "Dynamic Trading" by Robert C. Miners.
 
... Landis....
... I would rather not go on record for the wave count... because my EW skills are not out of the woods yet....better to ask others about that
.... but I can post what Elwave thinks.....
... in the mean time... here is a chart of a bearish W ... and a similar one from the recent past... on the daily chart...
.......88.6% is not textbook
.... on the downside.... if we can approach 1200 .... i would love to see a clear volume signal with a higher low on the daily chart.....
.... since everyone was expecting 1325 ... we knew it would either fall short or exceed it.... as it may have done already
... i am watching a cycle of around 38 days during this bear market....
... after 1200... the high was 19 days or 50% of the cycle.... 4 days to go for 38 days after the low....
... sorry mu for the long posts
Quote from Landis82:
Elo,
Nice Call!
Can you post a Daily Chart showing what you believe the current count is?
Thanks.
:)
 

Attachments

.... what i was referring to about sept 3--5 .... was the end of the M pattern cycle....
.... the M's i already showed in that chart from before....
.... so sept 3--5 represents the end of the lastest M....
.... may be one of the reasons for yesterday's action
...here is a shot of the latest time period of the M pattern....the brown rectangle
...edit... according to 3 day cycle....
unless the trend has changed to down....
.... we lost one day between monday and tuesday....
..... what can happen is that we gain a day back... so that the next sell would not be until monday
Quote from elovemer:
.
...on another note... timewise... i am looking for something exciting to happen sept 3--5 (assuming we continue up/sideways)
 

Attachments

Hi ed

Yes, had a good break with some time at home and a few weeks in BGI :D

Could only manage a double bottom after the penguin bar..

Tokyo Mitsubishi UFJ rumor about bidding for LEH might be interesting.
 
Back
Top