21 replies to this topic

[Swiss Trader]

Albert

Edited by Swiss Trader, 03 June 2007 - 11:27 AM.

[da_cheif]

so how far do you allow the so called 5th wave to extent before u callit a 3rd.........:>)

Edited by da_cheif, 03 June 2007 - 11:51 AM.

[Swiss Trader]

so how far do you allow the so called 5th wave to extent before u callit a 3rd.........:>)

Obviously this count is bearish Mr.Wolanchuk... while you still think (of course) this is the epicenter of the wave 3

Albert

[Tor]

3 or 5's, its all about 3 or 5's isnt it, always and forever.

[Swiss Trader]

An impulse is always followed by a correction.... +/- deep The structure of five waves seems clear to me The channel is very important... and we are close the top, with the five up Albert

[da_cheif]

so how far do you allow the so called 5th wave to extent before u callit a 3rd.........:>)

Obviously this count is bearish Mr.Wolanchuk... while you still think (of course) this is the epicenter of the wave 3

Albert

worst case......we are near the end of 5 of 1 of 3....and call me Don......Mr Wolanchuk in its context sounded sassy......

Edited by da_cheif, 03 June 2007 - 12:49 PM.

[ChickenLittle]

Different indexes have different counts but usually wind up in the same place at the end.

I'm wondering what others think about this indexes EW count???

http://www.imageuplo...p01&i=83237.png

[Tor]

An impulse is always followed by a correction.... +/- deep

The structure of five waves seems clear to me

The channel is very important... and we are close the top, with the five up

Albert

i thought wave 3 had to be the longest? Rather than wave 5?

Thanks.

[selecto]

"Obviously this count is bearish Mr.Wolanchuk... while you still think (of course) this is the epicenter of the wave 3" Albert, back in the summer of '32, when the Chief was a younger man, he issued a "buy" and he has been right ever since. This other stuff is just recreational trading around his core position.

[Swiss Trader]

An impulse is always followed by a correction.... +/- deep

The structure of five waves seems clear to me

The channel is very important... and we are close the top, with the five up

Albert

i thought wave 3 had to be the longest? Rather than wave 5?

Thanks.

Wave 3 must be an Impulse
Wave 3 must be longer than Wave 2 in gross distance by price
Wave 3 cannot be less than 1/3 of Wave 1 by price
Wave 3 cannot be more than 7 times Wave 1 by price
Although there is no minimum time constraint for Wave 3, its absolute maximum time limit is 7 times Wave 1
Wave 3 must never be shorter than both Wave 1 and 5, by either price distance or percentage price movement.

Albert