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  1. #11
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    Let me repeat my opinion about this subject:

    If an intersection of wave "4" and "1" occurs, change to a corrective count and consider higher time frame too.

    Sixer
    Last edited by Sixer; 03-31-2018 at 09:34 AM.

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  3. #12
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    Do you really have time or patience to use EWs on very small time frames?

  4. #13
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    [QUOTE=Sixer;443725]Let me repeat my opinion about this subject:

    If an intersection of wave "4" and "1" occurs, change to a corrective count and consider higher time frame too.



    Absolutely Sir. If intersection occurs then either the wave count is wrong or it's a three wave corrective structure.Least consideration would be a Leading or Ending Diagonal but provided it complements the wave structure, has right no of internal waves and has right wedge shape.
    Last edited by tech1978; 03-31-2018 at 03:19 PM.

  5. #14
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    Agreed, LD, ED or corrective pattern.

  6. #15
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    nevermind...
    Last edited by yandaPaur; 04-01-2018 at 02:16 AM.

  7. #16
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    Guys, I have a few questions about EW terminology. Does anyone know the official answers by Elliott Wave International?

    1. Is a Double ZigZag a Double Three, or not?
    2. What I mean is: does a Double ZigZag count as "corrective combination"?


    According to EWI, this is the definition of a Double Three:

    Combination that comprises two corrective wave patterns, labeled W and Y, linked by a
    corrective wave pattern labeled X.


    So if we go with this definition, a Double ZigZag would be a Double Three, right?
    Because a ZigZag is a corrective wave pattern. And a Double ZigZag is pattern comprised of "two corrective wave patterns, labeled W and Y, linked by a corrective wave pattern labeled X - as mentioned in the definition.

    Could anyone confirm/disconfirm?
    PS: I know this isn't really relevant for trading. But I still want to know.

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  9. #17
    Bronze Member Array Minion's Avatar
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    In Elliott Wave Principle (by Prechter) you can find an "Official" answer at page 42 (where Zigzags and double zigzags are covered) and at page 52 (where Combinations are covered).

    In short it seems to me that Double Threes are "sideways" combinations while double zigzags obviously are not.

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  11. #18
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    Thank you, Minion! That makes sense, forgot about that ..sharp correction family vs sideways correction family!

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  13. #19
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    I wish a good and profitable trading with Elliott wave

    https://www.youtube.com/watch?v=yJIQibIKoIc (Nino Ferrer - Agata)
    Last edited by laser1000it; 04-13-2018 at 07:54 AM.

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