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Using Elliott waves on shares

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13 years 5 months ago #389 by Jackozy
No problem, remo.

I guess EWT appeals to my mathematics background. When I was first reading the Comprehensive Course on the Elliott Wave Principle I was taken straight back to my 1st year at Newcastle Uni and the pure maths element of my course. Not really sure why but EWT did remind me of those days, so long ago now!!

Would an EWT blog be interactive? I think subjects like that are best as a discussion rather than a "lecture"...
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13 years 5 months ago #409 by Wreckless Eric
(Wye aye man), yes Jackozy the blog that MRA4 and Remo mention should be interactive (to make sure of understanding in a confusing area for most).

Agree REMO, “You are a brave man explaining Elliott’s as I was pulling my hair out and confusing myself when I was doing it for so long. It can take over.” - Can always forget the waves and go with the tide.

As Jackozy says “I use it to eliminate certain possibilities” EWT could be a useful addition to the armoury.

Look forward to the blog, thanks.

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13 years 5 months ago #631 by longterm_view
Just trying to understand Elliott Waves.

Had a go on EMG Man Group. (just picked a share, got to start somewhere!!)

dl.dropbox.com/u/21384991/EMG%20Elliott%20try.JPG

Any comments would be most welcome.

Rule 1: Wave 2 cannot retrace mre than 100% of wave1.
Rule 2: Wave 3 can not be shortest.
Rule 3: Wave 4 cannot overlap wave 1.

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13 years 5 months ago #632 by longterm_view

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