Elliott Wave Indicator - Elliott Wave in 1 Second

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Nitin
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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immy wrote:
kooky wrote:Thanks Immy,
you're explanations above are very thorough and amazing but well above the capabilities of the average trader like me. How can the Ewave software print wave numbers in advance when the peak of either Price or Ao has not yet happened, and when it does peak isnt it too late??
thanks
kooky
Hi

I woke up early but stayed in bed i knew i was going to wake up but i was not sure about the exact time. We are going to have breakfast i know it as i planned it its mothers day yet i dont know exactly how long will take and how tasty its going to be but im sure well enjoy our selves
Meanwhile the sky is overcast it may rain or not when will it rain and how long i dont know

I trade eu every day and i know i will trade it tomorrow yet i dont know exactly when will i buy it or sell it tomorrow yet i kbow for sure i will trade it

By definition this is Chaos. I dont have a crystal ball but i do have my Intuition

Cheers
Nice example Immy (rofl)
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Herbert
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by Herbert »

immy wrote:
kooky wrote:Thanks Immy,
you're explanations above are very thorough and amazing but well above the capabilities of the average trader like me. How can the Ewave software print wave numbers in advance when the peak of either Price or Ao has not yet happened, and when it does peak isnt it too late??
thanks
kooky
Hi

I woke up early but stayed in bed i knew i was going to wake up but i was not sure about the exact time. We are going to have breakfast i know it as i planned it its mothers day yet i dont know exactly how long will take and how tasty its going to be but im sure well enjoy our selves
Meanwhile the sky is overcast it may rain or not when will it rain and how long i dont know

I trade eu every day and i know i will trade it tomorrow yet i dont know exactly when will i buy it or sell it tomorrow yet i kbow for sure i will trade it

By definition this is Chaos. I dont have a crystal ball but i do have my Intuition

Cheers
(rofl) (rofl) (rofl)
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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Herbert
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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I also woke up this morning, i was in bed still when waking up, was not too surprised, as i could have exected that i would have been in same bed i fell asleep in, but one never can say for sure.... (rofl) . I decided to use a different browser for Paypal and my dreams of the previous night came true... it processed...

Just the physical universe trying to impair the good things in life......which it did not succeed in doing... again, because i knew that I would succeed..... :o3

Regards
Herbert
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully
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immy
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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btw it just started raining, just when I was walking back home with my little ones! We got wet but we're ok! it was good fun! The point is no one can tell exactly when a wave 3 will end and when a wave 5 will start, but we can tell is whats happening in the now. and being in the "Now" is the purpose of all this excercise. The best traders are always in the now. They belong to, what Bill Williams calls "The Church of What's Happening Now". Staying in the now is not only a powerful thing for trading but life as a whole. Many books have been written but "The Power of Now" by Eckhart Tolle is one of the best. I recommend it! cheers
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
kooky
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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Thanks Immy,
I live in hope
kooky
chris2var
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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I purchased Steve’s eWave indicator a couple of hours ago, but can’t be bothered to install it at the moment (as its Sunday night now). I will install it tomorrow and will run it though the back testing program to watch how it works mainly so I get the hang of how to use it.

I may have another look at just trading the wave 5 especially after downloading Steve’s eWave and this also made me start flicking though “Dynamic Trading” by RC Miner, for the wave 4 and 5 expected conditions.

I originally read this about 3 years ago but, I think the expression is “my brain exploded with overload” I went :crazy: :crazy: so I gave that up along with the original “Trading Chaos” book by Bill Williams.

And about a million other things, too numerous to mention as well.

But that was all in the past I’m here now and here is where I will stay.


Thanks, Immy, Steve ^:)^ ^:)^ ^:)^ and the rest of the community as well. ^:)^
Chris
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immy
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by immy »

kooky wrote:Thanks Immy,
you're explanations above are very thorough and amazing but well above the capabilities of the average trader like me. How can the Ewave software print wave numbers in advance when the peak of either Price or Ao has not yet happened, and when it does peak isnt it too late??
thanks
kooky

One more thing, that may be more useful directly in your trading. And that is, we trade a Setup. A setup is an Edge, and edge is a statistical advantage, but its not complex thing its simply likelihoods of one thing happening over the other. So the Setup is our Statistical Edge. Why? Because what we have found is that more often than not, when the Alligator Sleeps there is a breakout in either direction (more often away from the Purple line and the blue line of the Alligator) and that break out puts you into a Wave 3 after that may, note I said may, meaning there is a probability that the 3 will be followed by a 4 and then a wave 5. So it does give you heads up and gives you a perspective that can help you plan from the future but you must at all times remain in the now.

I hope this helps.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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humpha
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

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Steve - purchased and loaded - I have looked throught the indicator on the 1 and 4hr higher timeframes and it has predicted the peak of wave 5 several times - which is great as the wave count is a little harder to pick on HTF as it can be prolonged above or below the 0 line, this is your finest work yet - this tool looks lethal - many many thanks (wd) (wd) (wd)
Humpha - trading the waves
kooky
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by kooky »

Thanks again Immy,
I need all the help and edge I can get
kooky (hug) cant even get smilies to work!!
kooky
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Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by kooky »

Sorry it did work :))
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