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Wave Degrees
02-11-2011, 10:30 PM
Post: #1
Wave Degrees
Sometimes when counting down what I think are nested 4th waves, I run out of wave degree labels…like now. I have Sub-Nano waves which should last Seconds to Minutes; instead lasting days.

I’m thinking that when this happens, it clearly says there is something wrong with my count. Thoughts?

Thanks,

Perry
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02-12-2011, 08:55 AM
Post: #2
RE: Wave Degrees
Hi Perry,

I have also had that happen and it turned out to be just some wrong counting so don't feel bad. That was a warning for me though like you say and it helped until the waves showed my errors. (yeah thats plural)

3kings


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02-12-2011, 11:41 PM
Post: #3
RE: Wave Degrees
(02-11-2011 10:30 PM)Perry Wrote:  I have Sub-Nano waves which should last Seconds to Minutes; instead lasting days.

I’m thinking that when this happens, it clearly says there is something wrong with my count.

That is a definite problem and while there needs to be a range in the
degrees they cannot violate to that extent.

Sounds like a speed change ( where price moved a great distance but
time did not ) occurred in one of the subwaves but did not get picked
up in your count and you added more detail than was called for.

Make sense?

Smile

TS Hennessy
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02-14-2011, 03:56 PM
Post: #4
RE: Wave Degrees
Update:

I ran into the same problem. I discuss it more here:
http://newelliottwaverule.org/forums/thr...ml#pid1410

Without a specific example that I could check I was apt
to answer in the general sense. My apologies, Perry.

Smile

TS Hennessy
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02-15-2011, 10:19 PM
Post: #5
RE: Wave Degrees
Tom, thanks for the S&P 500 Count posts.

It was the ‘running out of wave degree labels’ which was my main concern. Your post #528 in the S&P 500 Count thread was just the sort of situation I was troubled with. It’s nice to know that running out wave degree labels alone does not mean a wrong count.

I gather that you will be adding another 3-4 degrees to the official NEWR wave degree table at some point. At least with an e-book it’s not quite so hard to publish an updated edition. Smile

Perry
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