tag:blogger.com,1999:blog-4251274909260261631.post2992526138333706378..comments2024-03-28T12:28:41.326-04:00Comments on Elliott_Trader: Different Day, Same Drill - 2Elliott_Traderhttp://www.blogger.com/profile/14941335198945083652noreply@blogger.comBlogger49125tag:blogger.com,1999:blog-4251274909260261631.post-72743866827387422242019-09-06T19:07:45.082-04:002019-09-06T19:07:45.082-04:00Agree Agree Johanhttps://www.blogger.com/profile/02154033340846498661noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-31199281932474390422019-09-06T17:01:33.294-04:002019-09-06T17:01:33.294-04:00A new post has been started for the next day.A new post has been started for the next day.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-22835193162295137182019-09-06T16:30:35.118-04:002019-09-06T16:30:35.118-04:00My guess is that this is b. "a" up looks...My guess is that this is b. "a" up looks like a 5, so we probably get c up on Monday to complete B or 2.Tom Ehttps://www.blogger.com/profile/08989415783242533761noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-63955540405008854022019-09-06T15:54:34.522-04:002019-09-06T15:54:34.522-04:00Thanks, thinking they park it here so u dont know ...Thanks, thinking they park it here so u dont know if this is b or next wave down.BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-73679507535073014892019-09-06T15:52:21.987-04:002019-09-06T15:52:21.987-04:00...overlaps galore...overlaps galoreElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-66178031488820507812019-09-06T15:51:42.063-04:002019-09-06T15:51:42.063-04:00Here's the potential flat again
https://invst...Here's the potential flat again<br /><br />https://invst.ly/c3e6u<br /><br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-82935452522454147222019-09-06T15:31:43.075-04:002019-09-06T15:31:43.075-04:00possible contracting diagonal from this morning...possible contracting diagonal from this morning's low?jwtx12https://www.blogger.com/profile/13120294205899099258noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-19825857031093533252019-09-06T15:29:30.505-04:002019-09-06T15:29:30.505-04:00Joe, it looks like your possible triangle will con...Joe, it looks like your possible triangle will continue making a 1 and 2 of wave 3 dwn inside your wave 2 before crashing dwn fast starting in and around October 6. Very Nice call again. I really enjoyed your weekend video which was very easy to follow. It looks like Btc will do the same. Johanhttps://www.blogger.com/profile/02154033340846498661noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-25764341232776099882019-09-06T15:29:10.746-04:002019-09-06T15:29:10.746-04:00BBR, nice job counting gold in real time. Keep it ...BBR, nice job counting gold in real time. Keep it up. Thanks.Tom Ehttps://www.blogger.com/profile/08989415783242533761noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-61370504318773660282019-09-06T13:50:13.893-04:002019-09-06T13:50:13.893-04:00Gold 90% flat b.Gold 90% flat b.BBRiderhttps://www.blogger.com/profile/13990098977793691546noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-69596931442060340892019-09-06T13:40:40.781-04:002019-09-06T13:40:40.781-04:00Just showing the 90% level, and again, that rules ...Just showing the 90% level, and again, that rules don't have to be broken for correct counts. It would be "three waves down, and three waves up", so far.<br /><br />https://invst.ly/c3buc<br /><br />Can go higher if it wants,<br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-67682995794870011092019-09-06T13:36:58.503-04:002019-09-06T13:36:58.503-04:00The Eight Fold Path Method helps to do that by loo...The Eight Fold Path Method helps to do that by looking for fourth waves that meet specific criteria (see the Featured Post on the web-site if unfamiliar). This is good discussion, and not to be reacted to negatively.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-60737667354844395522019-09-06T13:34:53.993-04:002019-09-06T13:34:53.993-04:00S&P500 cash index 15-min; well within 90% of t...S&P500 cash index 15-min; well within 90% of the high; usual drill - flat, barrier triangle or next impulse.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-82502102278739309782019-09-06T13:33:00.583-04:002019-09-06T13:33:00.583-04:00Wow. A bit of critical thinking can be a dangerous...Wow. A bit of critical thinking can be a dangerous thing apparently. lol<br /><br />Once again, my comments DO NOT take issue with Joe!!! Elliott Wave is based upon 5 wave and 3 wave moves, and knowing the difference (at least that's my understanding).<br /><br />So, if one is to apply EW, seems logical one needs a way to tell one from the other.<br />Simple observation. I understand that an ABC can be a 1,2,3. But those are only 3 waves. Its differentiating between 5 and 3 thats at issue here. Sorry to stir up everyone's protective juices. I just thought it a fair assumption that after the fact, one can determine (with a high degree of certainty) the difference between a 5 and 3 wave structure utilizing EW. Perhaps that's an incorrect assumption. <br /><br />While never sorry to question, I am sorry they are not taken in the spirit they are posed. Best to leave it at that it appears. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-92109333964415376252019-09-06T13:11:09.350-04:002019-09-06T13:11:09.350-04:00@C: :{ I'm coming to the same conclusion - not...@C: :{ I'm coming to the same conclusion - not for physics reasons but because it is well known that there are 'financial bots' that scour the web looking for peoples financial opinions. Such tools exist already, as below.<br /><br />https://www.promptcloud.com/scraping-webpage-for-sentiment-analysis/<br /><br />I kid you not.<br />TJElliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-26966208896891963562019-09-06T13:04:08.920-04:002019-09-06T13:04:08.920-04:00'1,2,3, is potentially the same as A,B,C, unti...'1,2,3, is potentially the same as A,B,C, until PROVEN otherwise' from the '8 fold method' post was the first "aha" moment for me that led to me ditching paid Elliott services and sticking to this site for my EW educationjwtx12https://www.blogger.com/profile/13120294205899099258noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-2675840441630266772019-09-06T13:01:52.605-04:002019-09-06T13:01:52.605-04:00Seconding Joe's point with less eloquence. Pos...Seconding Joe's point with less eloquence. Post pattern behavior confirms a count. The shape and measurements of the count in question are the first step, but it takes post pattern to confirm. You can't "know" until the pattern continues or is invalidated.<br /><br />Imagine if the move off the ATH was a perfect elliott impulse rather than a proposed expanding diagonal. But then the market chops around and then makes a new high before a new low. Was the impulse actually a complex :3 that can only be found on smaller timeframes? Or was it an A followed by a truncated C?jwtx12https://www.blogger.com/profile/13120294205899099258noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-61631612397932131682019-09-06T12:56:33.844-04:002019-09-06T12:56:33.844-04:00Precisely why I take exception to some EW analysts...Precisely why I take exception to some EW analysts talking nonsense about EW being "predictive". It is particularly ironic since these same individuals display a miserable track record in accurately calling market direction. I am surprised at how many posters are ignoring the fact that 1,2,3, is potentially the same as A,B,C, until PROVEN otherwise. The criticism of Joe is beyond infantile! Tachyonhttps://www.blogger.com/profile/10866268625664509045noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-39284304123091232282019-09-06T12:52:26.267-04:002019-09-06T12:52:26.267-04:00I wonder if wave counts are like observer effect. ...I wonder if wave counts are like observer effect. Maybe we shouldn't count them publicly, lol.Chttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-2532081698006511222019-09-06T12:44:36.758-04:002019-09-06T12:44:36.758-04:00Nothing is 100% objective; nothing is completely b...Nothing is 100% objective; nothing is completely black-and-white. Nothing in life; nothing in wave counting. The indicators like the EWO 'help' with objectivity. They simply 'can not' eliminate the fact that, at the quantum level, nature is probabilistic, uncertain, and not fully deterministic. In short, the future is not 'pre-ordained'. If these concepts are not familiar to you - as they are to most scientists - then your view of the world is eclipsed by lack of knowledge. If your world view does not include 'probability' as in "games of chance", as it does for most mathematicians, then perhaps your understanding of financial markets is limited by that lack of knowledge. But, the fact of 'probability' does not in any way lessen mathematicians from having a viable principle of operations. All solutions to quantum equations result in only a "probability" that an electron is here, or that is there, "until it is observed." Nothing I can do about it. No one gave me the powers to re-write the laws of nature.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-59400917974450078182019-09-06T12:33:00.257-04:002019-09-06T12:33:00.257-04:00ET - Its not a matter of whether anyone wants to b...ET - Its not a matter of whether anyone wants to believe you (I dont believe:o)). If the move objectively counts as 5 waves, then its 5. If its 3 waves, then 3. There should only be one way (otherwise there's a big issue with EW itself!).<br /><br />Please understand my issue isnt with you, but rather the counting process itself. If there is no objective way to be sure, then what's the point. If there is an objective way to be sure, then which was it, 5 waves or 3 waves? <br /><br />And if this can be answered, then no need for the two differing scenarios, agreed?<br /><br />I would think others would have the same question(s).<br />Again, no reflection on you, but rather the process. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-31295818739747551272019-09-06T12:27:17.639-04:002019-09-06T12:27:17.639-04:00@C .. in the first case, The Elliott Wave Principl...@C .. in the first case, The Elliott Wave Principle says, "almost always" overlaps. It does not say a simple, "always". Wish that it would. In the second case, I think there are two arguments around it. The first is simple: just move wave ((i)), one peak to the right. There is still enough of wave ((iii) to do it, although one might not like the timing. The second argument is this: everything until the first trading day in August is part of a prior truncation high. Then 'a' of ((v)) is i, and overnight futures low is v. One must hold one's nose and pick one's poison for the downward count. So, odds remain 50:50 until there is a lower low; how many times do I need to say it?Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-78109914516284546462019-09-06T12:14:38.611-04:002019-09-06T12:14:38.611-04:00..ah .. a breath of fresh air...ah .. a breath of fresh air.Elliott_Traderhttps://www.blogger.com/profile/14941335198945083652noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-60381564262649325052019-09-06T12:06:26.763-04:002019-09-06T12:06:26.763-04:00Actually I think I posted before how iv doesn'...Actually I think I posted before how iv doesn't overlap i in the LD count.<br /><br />In regards to whether it not it's 3 waves or 5, due to the nature of truncations sometimes it's not clear, especially for violent moves. Personally that's where I check other large cap stocks or indexes to see if there were impluses there. Chttps://www.blogger.com/profile/16866527393964615605noreply@blogger.comtag:blogger.com,1999:blog-4251274909260261631.post-9221657583219542252019-09-06T12:06:00.440-04:002019-09-06T12:06:00.440-04:00On a positive note, your wave 3 of 3 shows nicely ...On a positive note, your wave 3 of 3 shows nicely on the EW osc.! (30 minute) So we must be in wave 4 and wave 5 will end probably around close of trading to print the weekly price.Seanhttps://www.blogger.com/profile/04371710491788227402noreply@blogger.com