My Refined Elliot Trader software recommendations.. - page 6

 
Foreverold:
yes this is the new mtp for ninja trader, your data is free from Gain, this is what the charts show before the news

Thanks for the info, looks good.

 

Current Trading Positions for EURUSD (EURUSD) Daily on 22-Jun-2007

* A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 82.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 27.1% better than random.

Extensive Elliott Commentary for EURUSD (Daily) on 22-Jun-2007 with two incomplete patterns:

Wave (C) of the Intermediate degree inverted Flat with a rating of 100.3 is expected to complete in the price range 1.3392 to 1.3746, but more probably between 1.3469 and 1.3664. This wave is due to complete anytime from now until 13-Jul-2007, but is most likely to complete before 30-Jun-2007.

This wave (C) will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave X of the Primary degree Double Zigzag with a rating of 91.3. These two waves have the same target ranges.

After wave X is complete, expect the market to continue down into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 164% - 353%. Wave Y can also be expected to be 103% - 353% of the price length of wave W. The expected time for wave Y to complete is 65% - 239% of the time taken for wave X to complete and 99% - 299% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 22-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 20, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

Analysis were made using the Refined Elliott Trader software

http://www.elliottician.com/product-information/the-elliottician-system.html

 

Current Trading Positions for EURUSD (EURUSD) Daily on 22-Jun-2007

* A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 82.6%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 27.1% better than random.

Extensive Elliott Commentary for EURUSD (Daily) on 22-Jun-2007 with two incomplete patterns:

Wave (C) of the Intermediate degree inverted Flat with a rating of 100.5 is expected to complete in the price range 1.3392 to 1.3746, but more probably between 1.3469 and 1.3664. This wave is due to complete anytime from now until 13-Jul-2007, but is most likely to complete before 30-Jun-2007.

This wave (C) will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave X of the Primary degree Double Zigzag with a rating of 91.4. These two waves have the same target ranges.

After wave X is complete, expect the market to continue down into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 164% - 353%. Wave Y can also be expected to be 103% - 353% of the price length of wave W. The expected time for wave Y to complete is 65% - 239% of the time taken for wave X to complete and 99% - 299% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 22-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 20, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

Analysis were made using the Refined Elliott Trader software

http://www.elliottician.com/product-information/the-elliottician-system.html

 

yay! manage to get 160 pips after 6 days floating.. started long from 1.3311.. reach 1st tp at 1.3471. Stay tune for the 2nd tp target.. hehe..

Current Trading Positions for EURUSD (EURUSD) Daily on 25-Jun-2007

* A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 82.0%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 26.2% better than random.

Extensive Elliott Commentary for EURUSD (Daily) on 25-Jun-2007 with two incomplete patterns:

Wave (C) of the Intermediate degree inverted Flat with a rating of 98.4 is expected to complete in the price range 1.3392 to 1.3746, but more probably between 1.3469 and 1.3664. This wave is due to complete anytime from now until 14-Jul-2007, but is most likely to complete before 30-Jun-2007.

This wave (C) will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave X of the Primary degree Double Zigzag with a rating of 90.9. These two waves have the same target ranges.

After wave X is complete, expect the market to continue down into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 164% - 353%. Wave Y can also be expected to be 103% - 353% of the price length of wave W. The expected time for wave Y to complete is 65% - 239% of the time taken for wave X to complete and 99% - 299% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 25-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 20, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

Analysis were made using the Refined Elliott Trader software

http://www.elliottician.com/product-information/the-elliottician-system.html

 

Current Trading Positions for EURUSD (EURUSD) Daily on 26-Jun-2007

* A Primary degree trader (hold positions from months to years), would currently be trading long in this market. The probability of this Target Area being correct is 82.0%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 26.2% better than random.

Extensive Elliott Commentary for EURUSD (Daily) on 26-Jun-2007 with two incomplete patterns:

Wave (C) of the Intermediate degree inverted Flat with a rating of 98.6 is expected to complete in the price range 1.3392 to 1.3746, but more probably between 1.3469 and 1.3664. This wave is due to complete anytime from now until 14-Jul-2007, but is most likely to complete before 30-Jun-2007.

This wave (C) will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave X of the Primary degree Double Zigzag with a rating of 90.7. These two waves have the same target ranges.

After wave X is complete, expect the market to continue down into wave Y, which should be a three wave Zigzag pattern. Expect wave Y to retrace wave X by 164% - 353%. Wave Y can also be expected to be 103% - 353% of the price length of wave W. The expected time for wave Y to complete is 65% - 239% of the time taken for wave X to complete and 99% - 299% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 26-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 20, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

 
 

For a little over 2 weeks now I have been using the Ninjatrader version.

I must say it as well as the EOD version can get you in on the wrong side if you do not pay attention. To stay out of trouble and be on the correct side of the trade I found out quickly it is best to place a spread (OCO) instead of a market order.

If you do not have or plan to buy the ninja version, you can do the same thing with the EOD version. You will find several trades each day, depending on the time frame you use. An example is on the ninja 3 min USDJPY chart.

Notice the software said to sell, what did price do? If you placed a spread, you would have made a quick 60 pips

Files:
pattern.jpg  137 kb
pattern2.jpg  96 kb
pattern3.jpg  81 kb
 

tf daily

Current Trading Positions for GBPUSD (GBPUSD) Daily on 29-Jun-2007

* An Intermediate degree trader (hold positions from months to quarters), would currently be trading long in this market. The probability of this Target Area being correct is 81.2%. However, the random probability of this Target Area being correct is 65.0%. So the true probability of this Target Area being correct is 24.9% better than random.

Extensive Elliott Commentary for GBPUSD (Daily) on 29-Jun-2007 with three incomplete patterns:

Wave C of the Minor degree inverted Flat with a rating of 98.6 is expected to complete in the price range 1.9725 to 2.0508, but more probably between 1.9931 and 2.0211. This wave is due to complete anytime from now until 30-Jul-2007, but is most likely to complete before 13-Jul-2007.

This wave C will complete the Flat pattern.

This is the final wave in the pattern. When complete it will also complete wave (X) of the Intermediate degree Double Zigzag with a rating of 89. These two waves have the same target ranges.

After wave (X) is complete, expect the market to continue down into wave (Y), which should be a three wave Zigzag pattern. Expect wave (Y) to retrace wave (X) by 164% - 353%. Wave (Y) can also be expected to be 103% - 353% of the price length of wave (W). The expected time for wave (Y) to complete is 65% - 239% of the time taken for wave (X) to complete and 99% - 299% of the time taken for wave (W) to complete.

Wave B of the Primary degree inverted Flat with a rating of 83.9 is expected to complete in the price range 1.6865 to 1.9483, but more probably between 1.8626 and 1.9312. This wave is due to complete anytime from now until 11-Apr-2008, but is most likely to complete before 22-Aug-2007.

After wave B is complete, expect the market to continue up into wave C, which should be a five wave Impulsive pattern. Expect wave C to retrace wave B by 86% - 173%. Wave C can also be expected to be 101% - 173% of the price length of wave A. The expected time for wave C to complete is 65% - 296% of the time taken for wave B to complete and 120% - 413% of the time taken for wave A to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 29-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 10, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

 

tf daily

Extensive Elliott Commentary for USDCHF (Daily) on 29-Jun-2007 with one incomplete pattern:

Wave C of the Primary degree Flat with a rating of 107.1 is expected to complete in the price range 1.1186 to 1.2297, but more probably between 1.1541 and 1.2. This wave could complete anytime between now and 02-Aug-2008, but is most likely to complete sometime between 13-Jul-2007 and 09-Oct-2007.

This wave C will complete the Flat pattern.

Current Analysis Settings:

Analysis Date Range: 06-Feb-2007 to 29-Jun-2007, Label Range: 7 - 30, Preferred Count Labels: 11, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

 

tf daily

Current Trading Positions for USDJPY (USDJPY) Daily on 02-Jul-2007

* A Primary degree trader (hold positions from months to years), would currently be shorting this market. The probability of this Target Area being correct is 66.8%. However, the random probability of this Target Area being correct is 53.0%. So the true probability of this Target Area being correct is 26.0% better than random.

Extensive Elliott Commentary for USDJPY (Daily) on 02-Jul-2007 with one incomplete pattern:

Wave X of the Primary degree inverted Double 3 with a rating of 102.2 is expected to complete in the price range 98.95 to 119.75, but more probably between 115.31 and 118.96. This wave could complete anytime between now and 17-May-2008, but is most likely to complete sometime between 14-Jul-2007 and 05-Sep-2007.

After wave X is complete, expect the market to continue up into wave Y, which will probably be a three wave corrective pattern. Expect wave Y to retrace wave X by 96% - 228%. Wave Y can also be expected to be 86% - 228% of the price length of wave W. The expected time for wave Y to complete is 81% - 317% of the time taken for wave X to complete and 55% - 234% of the time taken for wave W to complete.

Current Analysis Settings:

Analysis Date Range: 02-Jan-2007 to 02-Jul-2007, Label Range: 7 - 30, Preferred Count Labels: 22, Min Rating: 75, Stocks toggle OFF, Bias Towards Beginning of Data: 8, Bias Towards Major High/Low: 8, Largest Degree Wave Filter: Any Pattern

Reason: