Where Does the Wave 4 End? How to Trade Apple?

The Market is not Random. It is Highly Organised (Chaos)

The Market has a Structure and that Structure has a Structure.

The structure of the market is Elliott Wave and Structure of Elliott Wave is AIMS Boxes

In this section you will gain deep information about the structure of the market.
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immy
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Where Does the Wave 4 End? How to Trade Apple?

Unread post by immy »

We were discussing something about how to trade the Apple. The apple trade is spotted at the end of Wave 4. So the question is what are the variables or rules that we can use to increase our odds of spotting the end of wave 4.

We know the following 2 rules.
1. 8 out of 10 times wave 4 will end within 38% and 50% fib retracement levels taken using the current Wave 3.

and

2. 8 out of 10 times wave 4 will come and touch the region of wave 4 within the current wave 3.

The following pictures were taken and shared in skype to make the point. specially for MurphMagic!
Wave4-depicit1.png
Wave4-depicit2.png
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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snorm
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Re: Where Does the Wave 4 End?

Unread post by snorm »

^:)^
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immy
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Goose Bumps! :)

Unread post by immy »

applying the above logic, look what you could have done using the following chart.

Image
What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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immy
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Re: Where Does the Wave 4 End? How to Trade Apple?

Unread post by immy »

So when is a 3 not a 3 and a 4 not a 4?
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Hill
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Re: Where Does the Wave 4 End? How to Trade Apple?

Unread post by Hill »

immy wrote:So when is a 3 not a 3 and a 4 not a 4?
Though it is bit old and no responses yet, let me try

3 is not a 3, if it forms after a 3 Or if it has any Divergence.
4 is not a 4 if it violates purple(above purple, if 3 down and 4 is moving up; below purple, if 3 up and 4 is moving down)
5 is not a 5, if it outgrows 3.
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immy
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When is a W4 not a W4 ?

Unread post by immy »

A picture to illustrate this point is attached.
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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