Comments on: Elliott Wave Count on the German DAX Index http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Anonymous http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/comment-page-1/#comment-148368 Anonymous Wed, 03 Dec 2008 00:17:18 +0000 http://blog.afraidtotrade.com/?p=3311#comment-148368 Corey, It is a valid count. Unfortunately I couldn't paste a link to the question, but you could access the answer at elliotwave.com's message board? Corey,
It is a valid count. Unfortunately I couldn’t paste a link to the question, but you could access the answer at elliotwave.com’s message board?

]]> By: Anonymous http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/comment-page-1/#comment-148367 Anonymous Wed, 03 Dec 2008 00:13:34 +0000 http://blog.afraidtotrade.com/?p=3311#comment-148367 Corey, Here is the answer. 'http://www.elliottwave.com/MsgBoard/default.aspx?v=posting&c=nofaq&id=28607' Corey,
Here is the answer.
‘http://www.elliottwave.com/MsgBoard/default.aspx?v=posting&c=nofaq&id=28607′

]]> By: Anonymous http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/comment-page-1/#comment-148366 Anonymous Wed, 03 Dec 2008 00:11:50 +0000 http://blog.afraidtotrade.com/?p=3311#comment-148366 Corey, Initially, I had the same wave count as yours, but was puzzled when trying to align it with other markets like DAX, FTSE, HSI etc all showing the low on Oct 28. Let me point to the source for your question. http://www.elliottwave.com/MsgBoard/default.aspx?v=posting&c=nofaq&id=28607 Corey,
Initially, I had the same wave count as yours, but was puzzled when trying to align it with other markets like DAX, FTSE, HSI etc all showing the low on Oct 28.
Let me point to the source for your question.
http://www.elliottwave.com/MsgBoard/default.aspx?v=posting&c=nofaq&id=28607

]]> By: Corey Rosenbloom http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/comment-page-1/#comment-148353 Corey Rosenbloom Tue, 02 Dec 2008 21:08:02 +0000 http://blog.afraidtotrade.com/?p=3311#comment-148353 Anon, It's the most recent structure that's giving the most trouble - was it a triangle? Was it actually wave 3? Did it begin Wave 4? As a newer Elliottician, it's difficult for me to know for sure yet until we get a little more information. The reason I chose the count I did is that it fulfills the fractal waves of each larger wave completely to the best of my interpretation. The reason I didn't use a count similar to yours - and I might be wrong - was that the B wave down to 7450 took out the lows of the A wave up. I couldn't see that as a valid count. Generally, the B wave doesn't retrace 100% (or beyond) of Wave A unless it's a strange Flat. Thoughts? Anon,

It’s the most recent structure that’s giving the most trouble – was it a triangle? Was it actually wave 3? Did it begin Wave 4? As a newer Elliottician, it’s difficult for me to know for sure yet until we get a little more information.

The reason I chose the count I did is that it fulfills the fractal waves of each larger wave completely to the best of my interpretation.

The reason I didn’t use a count similar to yours – and I might be wrong – was that the B wave down to 7450 took out the lows of the A wave up. I couldn’t see that as a valid count. Generally, the B wave doesn’t retrace 100% (or beyond) of Wave A unless it’s a strange Flat.

Thoughts?

]]> By: Anonymous http://blog.afraidtotrade.com/elliott-wave-count-on-the-german-dax-index/comment-page-1/#comment-148348 Anonymous Tue, 02 Dec 2008 20:17:30 +0000 http://blog.afraidtotrade.com/?p=3311#comment-148348 Corey, Thanks for posting the wave count for DAX. One of the problem in doing a proper count for wave 3 (S&P or DAX) is gauging the intensity of wave 3. In other words, a sharpest of the descend in a relative shorter time as compared to wave 1 & 2. This is where we could have various interpretation. My counts are as following for the Dow: Wave 3 terminated at 8144 on Oct 28 Wave A-4 ended at 9354 Wave B-4 at 7450 Wave C-4 at 8829 The wave unfolding today could be fractals of 1-5. If correct, then the index would close near 8144 today. Corey,
Thanks for posting the wave count for DAX.
One of the problem in doing a proper count for wave 3 (S&P or DAX) is gauging the intensity of wave 3. In other words, a sharpest of the descend in a relative shorter time as compared to wave 1 & 2. This is where we could have various interpretation.
My counts are as following for the Dow:
Wave 3 terminated at 8144 on Oct 28
Wave A-4 ended at 9354
Wave B-4 at 7450
Wave C-4 at 8829
The wave unfolding today could be fractals of 1-5. If correct, then the index would close near 8144 today.

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