
Principle Five (P5) The 5 Wave Correction
- immy
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Re: Principle 5 Divergence - The 5 Wave Correction
Principle 5 UJ M15


What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1

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!
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
A Complete elliott wave
immy wrote:Principle 5 UJ M15
This is NICE

Check the empty chart for Red blue lines... for impulse and corrective waves

What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1

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!
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Principle 5 Divergence - The 5 Wave Correction

What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1

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!
- snorm
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- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Principle Five (P5) The 5 Wave Correction
an example of P5
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1

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!
- snorm
- AIMSter
- Posts: 305
- Joined: 13 Aug 2011, 22:57
- 14
- immy
- Founder
- Posts: 9654
- Joined: 22 Nov 2010, 16:46
- 14
Re: Principle Five (P5) The 5 Wave Correction
A lovely P5. We can make a living trading only P5's. We traded the LO session 2 hrs and promptly stopped trading. There is going to be no NEO or NYO because US Holiday so no need to trade. The Edge does not exist if there is going to be no "Chaso" [chaos = new incoming information]
You do not have the required permissions to view the files attached to this post.
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1
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!
The Consistent Pursuit of DS1

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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Re: Principle Five (P5) The 5 Wave Correction
Hi Steve,
I was wondering if there is some way out to code something that pops up alerts on divergence, so that one can plan early exits. It will save some stress during the trade. I may be asking too much, but it is a gentle idea.
I was wondering if there is some way out to code something that pops up alerts on divergence, so that one can plan early exits. It will save some stress during the trade. I may be asking too much, but it is a gentle idea.
- snorm
- AIMSter
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- Joined: 13 Aug 2011, 22:57
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Re: Principle Five (P5) The 5 Wave Correction
Re: Principle Five (P5) The 5 Wave Correction
Unread postby naqviimran » Thu Aug 25, 2016 4:31 am
Hi Steve,
I was wondering if there is some way out to code something that pops up alerts on divergence, so that one can plan early exits. It will save some stress during the trade. I may be asking too much, but it is a gentle idea.
eWaves 5 is divergence, so if you're asking for a pop-up on W5, I have that coded into the next version of eWaves :geek:
Unread postby naqviimran » Thu Aug 25, 2016 4:31 am
Hi Steve,
I was wondering if there is some way out to code something that pops up alerts on divergence, so that one can plan early exits. It will save some stress during the trade. I may be asking too much, but it is a gentle idea.
eWaves 5 is divergence, so if you're asking for a pop-up on W5, I have that coded into the next version of eWaves :geek:
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