try to take trades emerging into wave 1's, 3's, 5's, A's, C's,
avoid trading wave B's, 2's, 4,s you will get chopped out -
patience when trading, times to sit on sidelines
Posted by fredsaid on 12th of Oct 2022 at 03:40 pm
Seems like really good advice Matt - don't recall hearing this
from you guys but you've likely said it before. I'm soooo
ready for Wave 5, maybe we can get a red finish, a nice bounce
tomorrow and then the Bank of England side show get's us yet
another Friday Flush else we'll have to wait till my Birthday on
Monday. All i want for my Birthday is Wave 5 lol.
IDK maybe wave 2 on bearish side or wave B if we get an upside
pop, either way it's a consolidation wave, a coil, price should
trend strongly for a big after breaking out of it
I may actually try an do as short a newsletter as possible for a
change LOL KISS ahead of tomorrow's number and today was simply
sideways chop, nothing changed
Posted by greggone on 12th of Oct 2022 at 04:26 pm
I guess my main question is have we (or could we have) finished
the wave v of 5 here or are we just consolidating in a subdivision
before moving lower.. I was assuming the latter but not feeling
100% confident in my counting here...
The Elliott Wave guy I have followed for many years has this as
completing a larger wave IV, moving up in a wave V with support at
3550 SPX. Hope this helps
ES futures 30 min
Posted by matt on 12th of Oct 2022 at 02:44 pm
try to take trades emerging
Posted by matt on 12th of Oct 2022 at 02:49 pm
try to take trades emerging into wave 1's, 3's, 5's, A's, C's, avoid trading wave B's, 2's, 4,s you will get chopped out - patience when trading, times to sit on sidelines
Seems like really good advice
Posted by fredsaid on 12th of Oct 2022 at 03:40 pm
Seems like really good advice Matt - don't recall hearing this from you guys but you've likely said it before. I'm soooo ready for Wave 5, maybe we can get a red finish, a nice bounce tomorrow and then the Bank of England side show get's us yet another Friday Flush else we'll have to wait till my Birthday on Monday. All i want for my Birthday is Wave 5 lol.
Early Birthday wishes to you
Posted by steve on 12th of Oct 2022 at 03:43 pm
Early Birthday wishes to you - do you like Black? LOL
TY
Posted by fredsaid on 12th of Oct 2022 at 03:49 pm
TY
Matt, what wave is reflected
Posted by DK on 12th of Oct 2022 at 02:52 pm
Matt, what wave is reflected in your 30 min ES futures chart, 2 or 4 or B?
Triangles are only found in
Posted by steve on 12th of Oct 2022 at 03:12 pm
Triangles are only found in Wave 4s and Bs
Steve woke up
Posted by matt on 12th of Oct 2022 at 03:16 pm
Steve woke up
nice,,,, im tired of eating
Posted by morton7 on 12th of Oct 2022 at 03:35 pm
nice,,,, im tired of eating popcorn....
IDK maybe wave 2 on
Posted by matt on 12th of Oct 2022 at 02:58 pm
IDK maybe wave 2 on bearish side or wave B if we get an upside pop, either way it's a consolidation wave, a coil, price should trend strongly for a big after breaking out of it
Matt if you don’t mind
Posted by greggone on 12th of Oct 2022 at 04:04 pm
Matt if you don’t mind explaining these possible wave counts tonight it would be much appreciated… I feel like I got a bit lost in the woods here ;)
I may actually try an
Posted by matt on 12th of Oct 2022 at 04:10 pm
I may actually try an do as short a newsletter as possible for a change LOL KISS ahead of tomorrow's number and today was simply sideways chop, nothing changed
I guess my main question
Posted by greggone on 12th of Oct 2022 at 04:26 pm
I guess my main question is have we (or could we have) finished the wave v of 5 here or are we just consolidating in a subdivision before moving lower.. I was assuming the latter but not feeling 100% confident in my counting here...
The Elliott Wave guy I
Posted by amcap on 13th of Oct 2022 at 08:08 am
The Elliott Wave guy I have followed for many years has this as completing a larger wave IV, moving up in a wave V with support at 3550 SPX. Hope this helps
Haha, fair enough.. perhaps take
Posted by greggone on 12th of Oct 2022 at 04:23 pm
Haha, fair enough.. perhaps take a leisurely drive?