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Thank you for the e-book :-)
07-10-2010, 12:17 PM
Post: #1
Thank you for the e-book :-)
Good day friends! Smile
I enjoyed the e-book after having recently studied Prechter's Elliot Wave Principle, and the first half of Neely's Mastering Elliot Wave. My focus has been supply/demand (price based) trading and I am really enjoying the discovery of the Wave Principle. Most recently I have been trying to find 1st waves and a pull back for higher probability opportunties. The way I understand NWR is that in every 5th and C wave, the "b" wave (RTB) in the next lower degree will set new trend price territory. When I read the e-book and postings at the forum, I am still confused about which degrees are being refered to after the higher degree "5th and C wave", as well as how to recognize the RTB 4th.
Have you ever done a short video on how to navigate through the NWR analysis. If you have one, I am very interested and grateful. Anyway, I will keep on truckin' with my studies and thank you again. Smile Brian.
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07-10-2010, 10:38 PM
Post: #2
RE: Thank you for the e-book :-)
Hi Brian,

You're Welcome and Welcome!

The degree is not the focus but the wave. It is the 4th sub-wave of any C or 5th wave.

Enjoy.

Smile

TS Hennessy
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07-11-2010, 10:11 AM
Post: #3
RE: Thank you for the e-book :-)
Thank you for the welcome message. Smile
I am looking forward to discovering how RTB 4th and non- RTB 4th's
behave. From what I understand, RTB's must pass the progression of wave 3 and non-RTB's must end before the termination of wave 3.
Fascinating how this "b" wave sets new price territory. Learning about the Wave Principle is a journey, and I am enjoying the discovery process. The very best to you and yours. Take care. Brian. Smile
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