CryptoWaves
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Activity: 38
Merit: 0
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December 09, 2014, 04:05:11 PM |
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Rough count - since you asked. https://www.tradingview.com/x/Ia9aG4CX/Suggests we are possibly headed towards a 3rd wave. Tradable opportunity with a $10 stoploss doesn't come up often. 1-2-(1)-(2)-i-ii Thanks for this chart. I don't really understand where the 3 (the green one) is going to be, I have to study EW a lot more i think. I am a little bit lost. Wave (1) is the first wave of green 3. You can measure green wave 3 target from green wave 1. Typical wave 3 = 2.62 * the length of 1, then add that number to the 2 low.
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madmat
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Activity: 966
Merit: 1000
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December 09, 2014, 04:10:09 PM |
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Rough count - since you asked. https://www.tradingview.com/x/Ia9aG4CX/Suggests we are possibly headed towards a 3rd wave. Tradable opportunity with a $10 stoploss doesn't come up often. 1-2-(1)-(2)-i-ii Thanks for this chart. I don't really understand where the 3 (the green one) is going to be, I have to study EW a lot more i think. I am a little bit lost. Wave (1) is the first wave of green 3. You can measure green wave 3 target from green wave 1. Typical wave 3 = 2.62 * the length of 1, then add that number to the 2 low. Perfectly clear. Thanks a lot. Let's check if I understand correctly. Wave 1 went from 275 to 420, so 145$ up. Wave 3 length : 2.62 * 145 = 380$ So expected price of wave 3 : 275 + 380 = 655$
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chessnut (OP)
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Activity: 924
Merit: 1001
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December 11, 2014, 05:13:49 AM |
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Hey guys,
I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
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Raystonn
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December 11, 2014, 05:39:37 AM |
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Here's your fair dip.
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h3speros
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December 11, 2014, 08:26:44 AM |
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Hey guys,
I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
This is most likely a correction like paypal was. Could be 2 of V if that recent fall from 378 was 1 of V. Don't you think you have little too much bull bias in you? "Sell the News" works usually.
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Afrikoin
Legendary
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Activity: 1540
Merit: 1003
alan watts is all you need
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December 11, 2014, 08:50:29 AM |
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Hey guys,
I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
This is most likely a correction like paypal was. Could be 2 of V if that recent fall from 378 was 1 of V. Don't you think you have little too much bull bias in you? "Sell the News" works usually. i think so too
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▄▄▄██████▄▄▄ ▄██████████████████▄ ▄████████████████████████▄ ▄▄ ▄████████████████████████████▄ ███████████████████████████████████▄ ▀▀█████████████████████████████████▄ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ▀████████████████████████████████▀ ▀██████████████████████████████▀ ▀▀██████████████████████████▀ ▀██████████████████████▀ ▀▀▀████████████▀▀▀ | .
| .....█ .....█ .....█ .....█ .....█ .....█ | | █ █ █ █ █ █ |
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8up
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December 11, 2014, 08:59:26 AM |
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Hey guys,
I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
This is most likely a correction like paypal was. Could be 2 of V if that recent fall from 378 was 1 of V. Don't you think you have little too much bull bias in you? "Sell the News" works usually. i think so too If you all agree on the same, it's pretty obvious what will happen. Just my 2 bits
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Always wrong until not.
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chessnut (OP)
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Activity: 924
Merit: 1001
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December 12, 2014, 12:20:49 AM |
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Following yesterdays impulse we have a roughly 0.618 dip and an abc retracement. a breakout above 2170 at this point is bullish.
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Globb0
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Activity: 2688
Merit: 2053
Free spirit
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December 12, 2014, 09:35:15 AM |
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Hey guys,
I suspected that this would be a bear trap. It seems waiting for some action was a good idea.
Now commencing is an impulsve count, targeting original upside targets. Lets give it some time and see how it unfolds.
Ill add that chasing the price is never wise, this time no exception. we should get a fair dip and signal.
This is most likely a correction like paypal was. Could be 2 of V if that recent fall from 378 was 1 of V. Don't you think you have little too much bull bias in you? "Sell the News" works usually. i think so too If you all agree on the same, it's pretty obvious what will happen. Just my 2 bits what? the exact opposite probably, with a big manipulation style
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tarmi
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Activity: 1218
Merit: 1010
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December 12, 2014, 01:10:27 PM |
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Following yesterdays impulse we have a roughly 0.618 dip and an abc retracement. a breakout above 2170 at this point is bullish.
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ask
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Activity: 1386
Merit: 1004
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December 16, 2014, 02:12:17 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
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sumantso
Legendary
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Activity: 1050
Merit: 1000
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December 16, 2014, 02:20:17 PM |
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Or... EW doesn't work ....
It works well, till it doesn't On the Lazywhale thread Oda is cursing his algo
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HeliKopterBen
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December 16, 2014, 02:23:35 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
There is no clear direction for prices right now. That is prob why Cnut hasn't posted. This market could continue sideways for quite a while before picking a direction - hopefully up (hope is not a good strategy)
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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sumantso
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Activity: 1050
Merit: 1000
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December 16, 2014, 02:25:44 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
There is no clear direction for prices right now. That is prob why Cnut hasn't posted. This market could continue sideways for quite a while before picking a direction - hopefully up (hope is not a good strategy) Unfortunate short name.
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HeliKopterBen
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December 16, 2014, 03:04:36 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
There is no clear direction for prices right now. That is prob why Cnut hasn't posted. This market could continue sideways for quite a while before picking a direction - hopefully up (hope is not a good strategy) Unfortunate short name. lol I just googled it. didn't know it was derogatory.
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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RyNinDaCleM
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Activity: 2408
Merit: 1009
Legen -wait for it- dary
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December 16, 2014, 03:46:10 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
I've made more money with EW than anyone ever has with a 3d MACD BTW, how is that working out for ya? It's looking pretty grim for your strategy, now :/ Just remember my post in your thread
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ask
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Activity: 1386
Merit: 1004
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December 16, 2014, 07:17:52 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
I've made more money with EW than anyone ever has with a 3d MACD BTW, how is that working out for ya? It's looking pretty grim for your strategy, now :/ Just remember my post in your thread 3d MACD is nothing special it is an indicator which worked fine (see my posts where I sold 470+ on bfx). But EW... EW is promoted like rocket science, but in practice it doesnt work.
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BombaUcigasa
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Activity: 1442
Merit: 1005
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December 16, 2014, 07:33:03 PM |
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I used to think everyone here was delusional and scribbling junk on make-believe charts.Then I decided to learn about Mr. Elliot. And I validate his theories. This shit's dope, as they say... Now, I still think everyone here is delusional and scribbling junk on make-believe charts.
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notme
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Activity: 1904
Merit: 1002
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December 16, 2014, 08:09:03 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
I've made more money with EW than anyone ever has with a 3d MACD BTW, how is that working out for ya? It's looking pretty grim for your strategy, now :/ Just remember my post in your thread 3d MACD is nothing special it is an indicator which worked fine (see my posts where I sold 470+ on bfx). But EW... EW is promoted like rocket science, but in practice it doesnt work. Or maybe you just misunderstand what it can and can't tell you.
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phoenix1
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December 16, 2014, 08:54:07 PM |
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Is there sometning wrong, because there are no updates anymore?
Or... EW doesn't work ....
I've made more money with EW than anyone ever has with a 3d MACD BTW, how is that working out for ya? It's looking pretty grim for your strategy, now :/ Just remember my post in your thread 3d MACD is nothing special it is an indicator which worked fine (see my posts where I sold 470+ on bfx). But EW... EW is promoted like rocket science, but in practice it doesnt work. Elliot Wave is but one tool in a craftsman's box, and like any craftsman, an Elliotician carries other tools too, and is aware of his environment and what the material he is working with too. If you chisel across the grain you will splinter the wood. If you only have a hammer, every problem looks like a nail. FWIW, EW incorporates a faster moving version of MACD as a fundamental indicator. It's like a cordless electric drill with exchangeable heads, vs a screwdriver. But like any tool, if not used correctly the results will be be poor. There is ALWAYS another count on all levels. It is evolving all the time. Ignoring this and getting too stuck in one view and will not work out well in the long run. It is art, not science, and Ryan is without doubt a consumate artist.
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"Before you embark on a journey of revenge, dig two graves" - Confucius (China 551BC-479 BC)
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