35854 replies to this topic

[grantmu]

Just a breath..this micro 2 down should soon be over....the 21 daily should provide support!

 

A

so 45 400 ish

[platkop]

How far will this wave 4 retracement go.

[Argento]

does this signify a retest of the 45000 level or just a breath before continuing on the bull

Just a breath..this micro 2 down should soon be over....the 21 daily should provide support!

 

A

[grantmu]

This would be micro 2 down of the minute 1 wave up of minor 5!All the waves since 2009 to follow.....

 

She ran hard since the low...let her breathe brother!

 

US showing strong positive divergence with yesterday's new low and don't for get that short covering (bullish action) coming this afternoon!

 

A

does this signify a retest of the 45000 level or just a breath before continuing on the bull

[Argento]

brilliant! this helps so much.....much appreciated!

 

A

[warnerbroers]

Behold the Elliott factor!!

 

A

 

Cycle

Primary

Major

Intermediate

Minor

Minute

Micro

Nano

Pico

brilliant! this helps so much.....much appreciated!

[Argento]

HI A, is it possible to post a graph with the EW waves labeled? I'm struggling to work out where we are in relation to which wave? thanks!

Behold the Elliott factor!!

 

A

 

Cycle

Primary

Major

Intermediate

Minor

Minute

Micro

Nano

Pico

Attached Files

•  TOP40 (PRIMARY WAVES).jpg   168.46KB   9 downloads
•  TOP40 (MAJOR WAVES).jpg   174.65KB   8 downloads
•  TOP40 (MAJOR 5 WAVES).jpg   180.3KB   8 downloads

[Argento]

those bears are back

This would be micro 2 down of the minute 1 wave up of minor 5!All the waves since 2009 to follow.....

 

She ran hard since the low...let her breathe brother!

 

US showing strong positive divergence with yesterday's new low and don't for get that short covering (bullish action) coming this afternoon!

 

A

Edited by Argento, 27 June 2014 - 12:17 PM.

[grantmu]

those bears are back

[grantmu]

When the price are above the 89SMA the trend is normally up and visa versa. After

the price crosses the 89SMA it tends to pullback to the 21EMA before it carry on its

direction if it is a trend direction change otherwise it tend to test the 89SMA again and

then it runs over and across the 89SMA till it finds direction and then it pulls back to

the 21EMA before proceeding on its path.

 

Is based upon a 4 hour macd rule...works for me..especially these crosses!

 

A

that 89 thing is every interesting as the market has stopped to think about it right on the line

[grantmu]

ABIL is in some real pain today, nearly 6 percent down befor 10 AM. banks and finacials all low today

[grantmu]

How right you are.

USA down last night, yet we went up. Must be because of the Pound. 

the bulls and the bears are NOT in agreement today, some downward pressure

[mx125]

World markets red,so we should reach for a new high

How right you are.

USA down last night, yet we went up. Must be because of the Pound. 

[bear catcher]

World markets red,so we should reach for a new high

[RusQ]

that is not a bad idea

to be clear, that would be a mental exercise, brokerage and slippage(spread) makes it non-viable for me to trade.

 

i use a trend based system and pay some  attention to Minor&Intermediate targets - to take profit rather than stop-loss. TLAC!

 

best to awl..

[grantmu]

consider this (assuming you have a basic understanding of EW (which i probably lack also)) :

 

the pico waves (as set out by Argento) has to be on tick charts? imo, start there - every new day is a new count at this level for me? IF you can see the waves unfold, move to the next level, if not, get another system...

 

each to their own cognitive ability...

that is not a bad idea

[RusQ]

I may one day become a convert to this kind of thinking

consider this (assuming you have a basic understanding of EW (which i probably lack also)) :

 

the pico waves (as set out by Argento) has to be on tick charts? imo, start there - every new day is a new count at this level for me? IF you can see the waves unfold, move to the next level, if not, get another system...

 

each to their own cognitive ability...

[bear catcher]

Cant beat them so long it is

[grantmu]

Ok, so we just saw a 200 drop in 30 minutes..why is that??

 

This is what Caldaro uses to describe the names of the waves within..starting with the largest called cycle (bull/bear) going down to tiniest pico waves!

 

Cycle

Primary

Major

Intermediate

Minor

Minute

Micro

Nano

Pico

 

So applying that to what we just saw a micro wave concluded with 5 nano's, 5 micro waves will again make the first minute wave of 5 for this minor 5 last wave up to conclude the intermediate 5, major 5 from primary III! 

 

Graph attached...

 

US busy with its final C leg down (A,B and C) as per Elliott that follows the correction pattern within the bigger trend...this being the bullmarket that is still intact!

 

A

I may one day become a convert to this kind of thinking

[delta66]

thks A and V for analysis(graphs/comments)