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More on Elliott Wave Cycles

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Presentation on theme: "More on Elliott Wave Cycles"— Presentation transcript:

1 More on Elliott Wave Cycles
Wed. Traders Meetup Elliott Context More on Elliott Wave Cycles Sep, 2010 Leon Zuercher

2 Basic Elliott Wave Cycle
Wed. Traders Meetup Basic Elliott Wave Cycle Elliott Context 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.

3 Complete Motive Wave Cycle
Wed. Traders Meetup Complete Motive Wave Cycle Elliott Context 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 1.0 1.618 5 3 b to 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 * Expected here refers to the closest Fib Retracement Level in Proximity to the actual observed value Signal.

4 SPY W-1-3 Peak-To-Peak Analysis (Days)
Wed. Traders Meetup SPY W-1-3 Peak-To-Peak Analysis (Days) Elliott Context

5 SPY W-3-5 Peak-To-Peak Analysis (Days)
Wed. Traders Meetup SPY W-3-5 Peak-To-Peak Analysis (Days) Elliott Context

6 SPY W-3 Expansion Across Multiple Cycles (Price)
Wed. Traders Meetup SPY W-3 Expansion Across Multiple Cycles (Price) Elliott Context

7 SPY W-5 Expansion Across Multiple Cycles (Price)
Wed. Traders Meetup SPY W-5 Expansion Across Multiple Cycles (Price) Elliott Context

8 Western Electric SPC Pattern Rules
MyTradingCoach andMentor.com Western Electric SPC Pattern Rules SPY Delta-Elliott

9 Western Electric SPC Pattern Rules Fired
MyTradingCoach andMentor.com Western Electric SPC Pattern Rules Fired SPY Delta-Elliott

10 Time Amplitude: Wave-Days Table
MyTradingCoach andMentor.com Time Amplitude: Days-To-Complete Wave SPY Delta-Elliott Time Amplitude: Wave-Days Table


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