Ewj: elliott wave

Discussion in 'Technical Analysis' started by mu200411, Aug 13, 2007.

  1. @ Landis

    Can you tell something about the timeframes these guys use? I see the ABCDE flat which makes me bullish(and base my position on), but i also see that it's in the last part of an ending diagonal, so that makes my longer term bearish. :)

    Personally i think analysis should match specific trading timeframes. There are too many analysts yelling up and down without telling when to expect the next move or they use only one class of indicator. That's why i do my own homework :cool:

    EW isn't the holy grail, just a pattern indicator of mass psychology...

    ps. I don't follow analysts anymore, I'm still in the transition from semi-professional to professional trader(using the hard knocks method :) ) and find it a big relief to be the only one to blame.
     
    #8621     Dec 12, 2009
  2. Agreed 100%
    :)
     
    #8622     Dec 13, 2009
  3. C of E from an expanding diagonal.
     
    #8623     Dec 14, 2009
  4. New high may be the beginning of Wave 5)3.3 :) .
     
    #8624     Dec 15, 2009
  5. KOOLBLUE

    KOOLBLUE

    :eek:
     
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    #8625     Dec 15, 2009
  6. KOOLBLUE

    KOOLBLUE

    click the above chart once to clear it up!
     
    #8626     Dec 15, 2009
  7. Koolblue
    Beautiful chart :cool: .
    mu.

    First wave of the fifth wave versus fifth wave of the third wave :confused: .
    Today may be the third wave of the third wave of the fifth wave :) ,
    as Koolblue said :D .
     
    #8627     Dec 16, 2009
  8. KOOLBLUE

    KOOLBLUE

    Its just a guess but it sure lines up well with your number doesnt it ?!!
     
    #8628     Dec 16, 2009
  9. KOOLBLUE

    KOOLBLUE

    wave 2 's tend to be fairly deep and seems like they like previous wave 2's.....
     
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    #8629     Dec 17, 2009
  10. This time everything is going UP with USD :) .
     
    #8630     Dec 18, 2009