110 likes | 331 Views
Wed. Traders Meetup. Elliott Context. More on Elliott Wave Cycles. Sep, 2010. Leon Zuercher. http://www.dancingnakedonwallstreet.com/. 09-2010. Wed. Traders Meetup. Elliott Context. Basic Elliott Wave Cycle. 5. 3. b. 4. a. 1. c. CORE Elliott Wave Rules
E N D
Wed. Traders Meetup Elliott Context More on Elliott Wave Cycles Sep, 2010 Leon Zuercher http://www.dancingnakedonwallstreet.com/ 09-2010
Wed. Traders Meetup Elliott Context Basic Elliott Wave Cycle 5 3 b 4 a 1 c CORE Elliott Wave Rules W-2 cannot retrace more than the start of W-1. W-3 will not be the shortest expansion wave. W-4 cannot retrace more than the end of W-1. 2 Other Cool Guidelines: If W-2 is simple, W-4 will be complex and visa versa.. W-2 must retrace W-1 by a minimum of 20%. The maximum time for W-2 is 9 times W-1. 07-2010
Wed. Traders Meetup Elliott Context Complete Motive Wave Cycle • Both Price and Time can be described mathematically as well with regard to their central tendency or what price wants to do over time. • Time is measured in Days. • Price is measured in terms of Fibonacci Retracement percentages and Extensions. Time Amplitude 2.618 1.618 1.0 5 3 b 2.234 to 2.618 4 1.618 a 1 Expected Retracement Level*: Signal – Actual Retracement Level: Noise: (x.xx%) Signal Strength:XX.xx% Price Amplitude c 1.0 2 02-19-2010 * Expected here refers to the closest Fib Retracement Level in Proximity to the actual observed value Signal.
Wed. Traders Meetup Elliott Context SPY W-1-3 Peak-To-Peak Analysis (Days) 09-2010
Wed. Traders Meetup Elliott Context SPY W-3-5 Peak-To-Peak Analysis (Days) 09-2010
Wed. Traders Meetup Elliott Context SPY W-3 Expansion Across Multiple Cycles (Price) 09-2010
Wed. Traders Meetup Elliott Context SPY W-5 Expansion Across Multiple Cycles (Price) 09-2010
MyTradingCoach andMentor.com SPY Delta-Elliott Western Electric SPC Pattern Rules 02-19-2010
MyTradingCoach andMentor.com SPY Delta-Elliott Western Electric SPC Pattern Rules Fired 02-19-2010
MyTradingCoach andMentor.com Time Amplitude: Days-To-Complete Wave SPY Delta-Elliott Time Amplitude: Wave-Days Table 02-19-2010