so let's tie it all together. the recent pullback of 84 pulls is
probably the 'true' symmetry number that we should all monitor for
the future. Just like early this year those first pullbacks were
not.
if you want to use an EW perspective, generally the pullbacks of
your wave 2's are not important symmetry, it's your wave 4th's or
later ones that are
yes when I referred to EW below it was in a general sense, in
that case it's useful. you can look at a chart and generally see in
a strong trend a wave 2 or 4. What I made reference to below
as the symmetry breaks are not as useful early in an trend like
wave 2 pullbacks but more useful later in an uptrend after you've
had a quite a few pullbacks and are later in the cycle.
again why is this even a discusion? How many wave counts
do you see in our newsletters these days? like zero? come on
guys,
Correct Junkie - always a few options so best to trade what's in
front of you. It's best used for mapping with appropriate
adjustments based upon price action.
Thank you! I understand it in principle but not enough to make
it actionable. Sorry, I have had no luck with applying EW's. Could
you or Matt explain it in terms of indicators, please? I believe in
indicators a lot more than I believe in Elliot Waves :-)
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so let's tie it all
Here's a detailed video on symmetry
Posted by matt on 6th of Dec 2019 at 11:38 am
so let's tie it all together. the recent pullback of 84 pulls is probably the 'true' symmetry number that we should all monitor for the future. Just like early this year those first pullbacks were not.
if you want to use an EW perspective, generally the pullbacks of your wave 2's are not important symmetry, it's your wave 4th's or later ones that are
One reason that makes sense
Posted by steve on 6th of Dec 2019 at 11:49 am
One reason that makes sense is that Wave 3's are typically the largest and thus wave 4's can have a somewhat deeper pullback - understand?
Regarding EWs: another interpretation of
Posted by junkie on 6th of Dec 2019 at 02:51 pm
Regarding EWs: another interpretation of wave 4 https://www.insidefutures.com/article/3126387/SP500%20Futures%20Can%20Make%20Failure%20Break%20To%20New%20Highs%20-%20Elliott%20Wave.html
That is why I do not even pretend to under the EWs. HFTs and big funds trade purely off numbers, not EWs, based on my insider info.
Yes weaning LOL. How many
Posted by retirefire on 6th of Dec 2019 at 03:25 pm
Yes weaning LOL. How many times have I seen E.W. charts redrawn. Not to say it can have supplemental value.
yes when I referred to
Posted by matt on 6th of Dec 2019 at 03:54 pm
yes when I referred to EW below it was in a general sense, in that case it's useful. you can look at a chart and generally see in a strong trend a wave 2 or 4. What I made reference to below as the symmetry breaks are not as useful early in an trend like wave 2 pullbacks but more useful later in an uptrend after you've had a quite a few pullbacks and are later in the cycle.
again why is this even a discusion? How many wave counts do you see in our newsletters these days? like zero? come on guys,
http://www.etsy.com/au/listing/598972165/custom-bone-throwing-divination-setMore expensive than 1 month membership
Posted by retirefire on 6th of Dec 2019 at 04:08 pm
http://www.etsy.com/au/listing/598972165/custom-bone-throwing-divination-setMore expensive than 1 month membership
Or maybe this... https://www.youtube.com/watch?v=izX5dIzI2RE
Posted by stevieb294 on 7th of Dec 2019 at 09:19 am
Or maybe this... https://www.youtube.com/watch?v=izX5dIzI2RE
That's funny. Plus, I didn't
Posted by stevieb294 on 6th of Dec 2019 at 04:43 pm
That's funny. Plus, I didn't even know bone throwing was a thing. Learn something every day at BPT!
Correct Junkie - always a
Posted by steve on 6th of Dec 2019 at 03:13 pm
Correct Junkie - always a few options so best to trade what's in front of you. It's best used for mapping with appropriate adjustments based upon price action.
Thank you! I understand it
Posted by junkie on 6th of Dec 2019 at 12:00 pm
Thank you! I understand it in principle but not enough to make it actionable. Sorry, I have had no luck with applying EW's. Could you or Matt explain it in terms of indicators, please? I believe in indicators a lot more than I believe in Elliot Waves :-)