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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:

EUR

Discuss EUR in this thread
 
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DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:43
Wave A's are tradeable on anything above say 15 min timeframe. Daily timeframe Wave A no prob. Wave C best as that is always a 5 waver whereas Wave A can be 3 or 5 waves within. Wave B's generally to be avoided unless a simple a,b,c :B on a high timeframe. Complex wave B's to be avoided on any timeframe imo.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 0:40
I think so.. but would have to refer to my notes from a few years back:-).. try not to think to much when I trade though.. found it bad for account balance:-)
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:39
Once the A and B are in the C is tradeable in itself but the greatest value is the ability to project the high probability length of C to catch the higher timeframe trend reversal.
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:37
Thats dead right what your mate said
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:36
do you know the rules of an ABC ?
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:35
Yes, its the waves within waves that many find mind boggling. If you can grasp it then you know how to apply fibs correctly, which waves to measure. very important.
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 0:35
a great tech trader said to me few years back.. abc is the only thing you need to learn.. everything after that is consequential..
jacek
Melbourne, Australia
Posts: 2579
13 years ago
May 10, 2011 0:30
agree again.. 5 and 7 counts are still beyond me..
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:29
Yea, you could just trade that one pattern and make an excellent living. Strict rules for the pattern and know exactly where stops go
DaveO
N.Cornwall, UK
Posts: 5733
13 years ago
May 10, 2011 0:28
Should we meet some other world I have a few issues to discuss but we have to be mindful that mkts have changed since his death in 1949. Nevertheless 90% of his work still stands good today.
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