I am not a fan of the bullish count due to the current economic situation. However, page 59 of the wave principle shows a drawing with clear overlap of the wave 2 of an extended 3. I am only bringing this up since you cited the other pages.
@TheMailrouter If you are referring to Fig. 1-50, in the 10th Edition, in that case then (in the correct count diagram) the entire first wave and second sub-wave are contained within the first wave. In other words, sub-wave (i) does not travel beyond the end of 1. So it looks like a different case, especially given that the entire discussion is about fifth wave extensions and we are in no way talking about a fifth wave here. Good question!
@ElliottTrader Not trying to be difficult, but it is actually about a 3rd AND 5th extension and also shows that there may not be a discernable relationship between the 2nd wave of a 3rd wave extension and the peak of the previous larger wave 1 as suggested.
Maybe often such extension does travel further, but maybe not always.
Thanks for all the alternative counts, that was very useful!
@TheMailrouter Very welcome. I'll check into it further. That's what learning is all about. Perhaps we might both agree that it would be great to have more specific verbiage to refer to in the text. None-the-less, it worth it for me to review it again. Thanks for the comment.
Please stick to a real human voice.
DrJay11111 2 months ago
The audio is very unsettling.
nevadaxtube 2 months ago
@nevadaxtube Got ya.
ElliottTrader 2 months ago
Great video,
about the right look:
I am not a fan of the bullish count due to the current economic situation. However, page 59 of the wave principle shows a drawing with clear overlap of the wave 2 of an extended 3. I am only bringing this up since you cited the other pages.
Any thoughts on that?
TheMailrouter 2 months ago
@TheMailrouter If you are referring to Fig. 1-50, in the 10th Edition, in that case then (in the correct count diagram) the entire first wave and second sub-wave are contained within the first wave. In other words, sub-wave (i) does not travel beyond the end of 1. So it looks like a different case, especially given that the entire discussion is about fifth wave extensions and we are in no way talking about a fifth wave here. Good question!
ElliottTrader 2 months ago
@ElliottTrader Not trying to be difficult, but it is actually about a 3rd AND 5th extension and also shows that there may not be a discernable relationship between the 2nd wave of a 3rd wave extension and the peak of the previous larger wave 1 as suggested.
Maybe often such extension does travel further, but maybe not always.
Thanks for all the alternative counts, that was very useful!
TheMailrouter 2 months ago
@TheMailrouter Very welcome. I'll check into it further. That's what learning is all about. Perhaps we might both agree that it would be great to have more specific verbiage to refer to in the text. None-the-less, it worth it for me to review it again. Thanks for the comment.
ElliottTrader 2 months ago
Thank you - lose the elec, voice
TikiManTimoki 2 months ago
Great video but the electronic voice is extremely annoying!!
adamarla1 2 months ago 2
@adamarla1 Clearly understood! Unfortunately it was that or nothing this week. Apologies.
ElliottTrader 2 months ago