Recent content by Ian Copsey

Well, JahDave uses traditional EW while I use a modification which I call Harmonic Elliott Wave as I find it generates far stronger wave relationships. So from my perspective I use actual price action as sometimes (perhaps invariably) the swing highs/lows don't give you the correct wave...

I'll go with 1.4283 today, a pullback to 1.4188-00 and later this week a move to around 1.4347-60. This is a lower target than the 1.4429 area I had anticipated since Friday provoked a different structural implication. The 1.4347-60 area should provide a much deeper correction but probably not...

Tentatively I think the 1.4425-30 area should provide a pullback but at this point I don't think that'll be the final top... Need to see today's price action remain above 1.4130...

?? Hard time? Nope... First I've written a book on it. Then corrected it with the book coming out next month. The original is wrong. Full stop. I've corrected it and provides me with much better and more accurate forecasts.

This was not a reply to you but to zammitman.

Triangles can be Wave 4 or Wave b... I identified the support at 1.3410 (stalled at 27) and called for a top at around 1.4281 again. However, this hasn't reversed down to the Wave (b) of Wave (v) (at 1.3750) and that's often a sign of the damn thing resuming gains. Add to that my retracement in...

You should look at www.harmonic-ewave.com. This is a method that does forecast well and you'll see the calls made on the HEW Calls page... The book is due to be released over the coming month...

We haven't yet seen a decent pullback which should come in a Wave (iv) soon but then target the 94.4% projection in Wave (c) lower around the 1.3410 area where there is a big daily pivot support...

It's due a pullback... but a pullback only. I'm a long term bull though this year probably won't look much like after April. The decline from 14K as far as I can see was a triple three and had corrective wave ratios - not impulsive ratios. This week should see a top around 12,327-330 for a...

I agree, good chance of an expanded flat. The key for me is that I feel USDCHF needs to get to 1.03...

You called the low well.. I didn't get it as I was still seeing USDCHF needing another push higher and maybe Cable lower... In the end all look possible: My preference is for the downside here to be complete. There are two counts as there are decent ratios even for an impulsive Wave (a)...

Hi Dave It's quite possible actually as I've been following a possible triple three move lower which has stalled 12 pips above the 50% retracement of the move up from 1.2586. That would still keep the count I placed in my chart but have the Wave (a) at 1.4281 and this being Wave (b). Until...

I'd like to introduce Harmonic Elliott Wave. It is a small adaptation to Elliott's impulsive structure that provides more accuracy in forecasting. Basically, the big difference is that Waves 1, 3 & 5 do not develop in 5-waves but in 3-waves. From what I have seen extended waves do not exist and...

Hello All My name is exactly as my user name... strange that really! I am a technical analyst of 20 years and specialize in Elliott Wave but have worked out what is wrong with the impulsive wave structure that Elliott proposed. He was brilliant but had one big problem - he had to work out wave...