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Message from
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Elliott Wave Indicator - Elliott Wave in 1 Second

Q&A and Support about Steve's (Snorm) Indicators
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kooky
Posts: 133
Joined: Sun Feb 12, 2012 6:39 am
9

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by kooky »

Hi Immy, I would seriously love to understand it all, but I'm afraid I dont. How does this all fit in with the Gator etc.???
kooky

User avatar
immy
Founder
Founder
Posts: 8734
Joined: Mon Nov 22, 2010 4:46 pm
11

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by immy »

Kooky,

As simple as this, The market has a structure, that structure is Elliott Wave, Elliott Wave has a structure that structure is AIMS Levels.
Elliott Wave is a principle a concept a theory that states that market moves in sequence of 5 waves, of which 3 are impulse and 2 corrective waves. Wave 3 is the biggest wave 1 is the smallest and wave 5 is always smaller than wave 3 but bigger than wave 1. We want to trade the biggest and strongest wave that is wave 3 as well as Wave 5 and avoid wave 2 and wave 4. Wave 2 and 4 are corrective wave, these are the waves where traders give back what they made during 3 and 5. But there is a solution before the problem even arrived in your brain. When the Alligator is sleeping you are in a corrective wave, when its awake and price is running away from it, its impulse wave. You don't need to count waves to be profitable but its more fun if you do. There is a 10seconds to elliott wave ebook in the premium section that helps one understand how to count waves using AIMS waves indicator. Now there is an indicator eWaves based on the same concept of hte book that does all that and shows it on chart. I hope this helps.
What is the Biggest Hidden Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

Den
Posts: 77
Joined: Tue Dec 06, 2011 8:40 am
10

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by Den »

Nothing short of Fantastic....well done Steve and Immy absolute full marks to you...... (wd) Thank you so much. ^:)^
Consolidation periods are quicksand for suckers.

jayvee
Posts: 67
Joined: Sun Dec 25, 2011 6:59 am
10

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by jayvee »

Hi Steve and Immy, it looks great but I don't understand.
In the attached chart I see a 3 in the green above the ZL, then I see an other 3 below the ZL and directly above this 3 I see a 4 followed by a 5 above the ZL.
Can you please show on the above chart where the waves start and finish.

Thanks in advance. John

User avatar
Herbert
Posts: 587
Joined: Sat Jan 07, 2012 12:18 pm
10

Re: Elliott Wave Indicator - Elliott Wave in 1 Second

Unread post by Herbert »

Thanks Immy and Steve.

I have become so proficient with AIMS that i do not need this "Rolls Royce"........ :D (I can see all my understanding of AIMS encapsulated in it).
I am so thankfull for being introduced to AIMS. All involved to formulate/finalise it - you have made Forex Trading a better world and continue to build better worlds...

The work that has gone into the standard AIMS indicators is off such value and quality (with excellent support), I have no choice but to support Steve's work.
(It's a steal, a bargain, it's like ignoring a perfect setup)
As a Premium member I therefore am purchasing this Indicator at full price. I like to stay in touch with Winners and Achievers.

Looking forward to a lifetime of success, freedom from stress, friendship, affluence and goodwill that trancend this universe.
AIMS - The art of Trading markets successfully.

Regards
Herbert
Last edited by Herbert on Sat Mar 17, 2012 12:06 pm, edited 2 times in total.
Luck = LABOR UNDER CORRECT KNOWLEDGE - Forex Joe
"Nothing wins more than superior research and preparation"
AIMS - The art of Trading markets successfully