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To: <MetaTrader_Experts_and_Indicators@yahoogroups.com>
References: <000301cbd398$4c7b4d70$e571e850$@rr.com> <881629.79988.qm@web34503.mail.mud.yahoo.com> <012b01cbd45a$2c0d37c0$8427a740$@rr.com> <624760.25533.qm@web34502.mail.mud.yahoo.com>
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Date: Thu, 24 Feb 2011 17:20:32 -0500
Subject: RE: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR
Reply-To: MetaTrader_Experts_and_Indicators@yahoogroups.com
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Yes.  However Prechter unnecessarily complicates EW patterns.  Nevertheless=
 it does provide the basic information need for EW study.  Not one time doe=
s he observe that the EW cycle is simply an upright head and shoulder patte=
rn.  The most common of all price patterns.

Loren

=20

From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_=
Experts_and_Indicators@yahoogroups.com] On Behalf Of Mark
Sent: Thursday, February 24, 2011 5:13 PM
To: MetaTrader_Experts_and_Indicators@yahoogroups.com
Subject: Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

=20

=20=20

Loren, is this the correct book you reference?=20=20


Elliott Wave Principle: Key to Market Behavior (Hardcover)=20


by A. J. Frost, Robert R. Prechter Jr.=20

=20

  _____=20=20

From: Loren Morlan <gmorlan@tampabay.rr.com>
To: MetaTrader_Experts_and_Indicators@yahoogroups.com
Sent: Thu, February 24, 2011 11:36:45 AM
Subject: RE: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

=20=20

The 4 hour chart did not trace 5 wave patterns.  Price only traced three wa=
ve corrective patterns.  Please study Prechter=E2=80=99s book, =E2=80=9CEll=
iott Wave Principle=E2=80=9D.

=20

From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_=
Experts_and_Indicators@yahoogroups.com] On Behalf Of Mark
Sent: Wednesday, February 23, 2011 4:13 PM
To: MetaTrader_Experts_and_Indicators@yahoogroups.com
Subject: Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

=20

=20=20

Hello Loren,

=20

Could you please label the 5 waves on this chart?

=20

Thanks.

=20

Mark

  _____=20=20

From: Loren Morlan <gmorlan@tampabay.rr.com>
To: metatrader_experts_and_indicators@yahoogroups.com
Sent: Wed, February 23, 2011 12:28:57 PM
Subject: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

=20=20

Attached 4 hour chart for the Cable.=20=20

Loren

=20

=20




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    <div id=3D"ygrp-text" >
=20=20=20=20=20=20
=20=20=20=20=20=20
      <p><div class=3D"WordSection1"><p class=3D"MsoNormal"><font size=3D"4=
" color=3D"#1f497d" face=3D"Calibri"><span style=3D"font-size:14.0pt;color:=
#1F497D;">Yes.=C2=A0 However Prechter unnecessarily complicates EW patterns=
=C2=A0 Nevertheless it does provide the basic information need for EW stud=
y.=C2=A0 Not one time does he observe that the EW cycle is simply an uprigh=
t head and shoulder pattern.=C2=A0 The most common of all price patterns.<o=
></o></span></font></p><p class=3D"MsoNormal"><font size=3D"4" color=3D"#1f=
497d" face=3D"Calibri"><span style=3D"font-size:14.0pt;color:#1F497D;">Lore=
n<o></o></span></font></p><p class=3D"MsoNormal"><font size=3D"4" color=3D"=
#1f497d" face=3D"Calibri"><span style=3D"font-size:14.0pt;color:#1F497D;"><=
o>&nbsp;</o></span></font></p><div><div style=3D"border-top:solid #B5C4DF 1=
0pt;"><p class=3D"MsoNormal"><b><font size=3D"2" face=3D"Tahoma"><span sty=
le=3D"font-size:10.0pt;font-weight:bold;">From:</span></font></b><font size=
=3D"2" face=3D"Tahoma"><span style=3D"font-size:10.0pt;"> MetaTrader_Expert=
s_and_Indicators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicators@=
yahoogroups.com] <b><span style=3D"font-weight:bold;">On Behalf Of </span><=
/b>Mark<br><b><span style=3D"font-weight:bold;">Sent:</span></b> Thursday, =
February 24, 2011 5:13 PM<br><b><span style=3D"font-weight:bold;">To:</span=
></b> MetaTrader_Experts_and_Indicators@yahoogroups.com<br><b><span style=
=3D"font-weight:bold;">Subject:</span></b> Re: [MT_E and I] GBP/USD, 2/23/1=
1, 4 HOUR<o></o></span></font></p></div></div><p class=3D"MsoNormal"><font =
size=3D"3" face=3D"Times New Roman"><span style=3D"font-size:12.0pt;"><o>&n=
bsp;</o></span></font></p><p class=3D"MsoNormal"><font size=3D"3" face=3D"T=
imes New Roman"><span style=3D"font-size:12.0pt;">&nbsp; <o></o></span></fo=
nt></p><div id=3D"ygrp-mlmsg"><div id=3D"ygrp-msg"><div id=3D"ygrp-text"><d=
iv><div><p class=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span sty=
le=3D"font-size:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;"=
>Loren, is this the correct book you reference?&nbsp; <o></o></span></font>=
</p><h1><b><font size=3D"6" face=3D"Garamond"><span style=3D"font-size:24.0=
pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">Elliott Wave Princi=
ple: Key to Market Behavior (Hardcover) <o></o></span></font></b></h1><p cl=
ass=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"font-si=
ze:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">by A. J. Fro=
st, Robert R. Prechter Jr. <o></o></span></font></p></div><div><p class=3D"=
MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"font-size:12.0=
pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;"><o>&nbsp;</o></span=
></font></p><div style=3D"border-left:solid #1010FF 1.5pt;"><div class=3D"M=
soNormal" align=3D"center" style=3D"text-align:center;"><font size=3D"2" fa=
ce=3D"Tahoma"><span style=3D"font-size:10.0pt;"><hr size=3D"1" width=3D"100=
%" align=3D"center"></span></font></div><p class=3D"MsoNormal"><b><font siz=
e=3D"2" face=3D"Tahoma"><span style=3D"font-size:10.0pt;font-weight:bold;">=
From:</span></font></b><font size=3D"2" face=3D"Tahoma"><span style=3D"font=
-size:10.0pt;"> Loren Morlan &lt;gmorlan@tampabay.rr.com&gt;<br><b><span st=
yle=3D"font-weight:bold;">To:</span></b> MetaTrader_Experts_and_Indicators@=
yahoogroups.com<br><b><span style=3D"font-weight:bold;">Sent:</span></b> Th=
u, February 24, 2011 11:36:45 AM<br><b><span style=3D"font-weight:bold;">Su=
bject:</span></b> RE: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR<br></span></fon=
t><br>&nbsp; <o></o></p><div id=3D"ygrp-text"><div><p class=3D"MsoNormal"><=
font size=3D"4" color=3D"#1f497d" face=3D"Calibri"><span style=3D"font-size=
:14.0pt;color:#1F497D;">The 4 hour chart did not trace 5 wave patterns.&nbs=
p; Price only traced three wave corrective patterns.&nbsp; Please study Pre=
chter=E2=80=99s book, =E2=80=9CElliott Wave Principle=E2=80=9D.</span></fon=
t><o></o></p><p class=3D"MsoNormal"><font size=3D"4" color=3D"#1f497d" face=
=3D"Calibri"><span style=3D"font-size:14.0pt;color:#1F497D;">&nbsp;</span><=
/font><o></o></p><div><div style=3D"border-top:solid #B5C4DF 1.0pt;"><p cla=
ss=3D"MsoNormal"><b><font size=3D"2" face=3D"Tahoma"><span style=3D"font-si=
ze:10.0pt;font-weight:bold;">From:</span></font></b><font size=3D"2" face=
=3D"Tahoma"><span style=3D"font-size:10.0pt;"> MetaTrader_Experts_and_Indic=
ators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicators@yahoogroups=
com] <b><span style=3D"font-weight:bold;">On Behalf Of </span></b>Mark<br>=
<b><span style=3D"font-weight:bold;">Sent:</span></b> Wednesday, February 2=
3, 2011 4:13 PM<br><b><span style=3D"font-weight:bold;">To:</span></b> Meta=
Trader_Experts_and_Indicators@yahoogroups.com<br><b><span style=3D"font-wei=
ght:bold;">Subject:</span></b> Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR</s=
pan></font><o></o></p></div></div><p class=3D"MsoNormal"><font size=3D"3" f=
ace=3D"Times New Roman"><span style=3D"font-size:12.0pt;">&nbsp;<o></o></sp=
an></font></p><p class=3D"MsoNormal"><font size=3D"3" face=3D"Times New Rom=
an"><span style=3D"font-size:12.0pt;">&nbsp; <o></o></span></font></p><div =
id=3D"ygrp-mlmsg"><div id=3D"ygrp-msg"><div id=3D"ygrp-text"><div><div><p c=
lass=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"font-s=
ize:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">Hello Loren=
,</span></font><o></o></p></div><div><p class=3D"MsoNormal"><font size=3D"3=
" face=3D"Garamond"><span style=3D"font-size:12.0pt;font-family:&quot;Garam=
ond&quot;,&quot;serif&quot;;">&nbsp;</span></font><o></o></p></div><div><p =
class=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"font-=
size:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">Could you =
please label the 5 waves on this chart?</span></font><o></o></p></div><div>=
<p class=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"fo=
nt-size:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">&nbsp;<=
/span></font><o></o></p></div><div><p class=3D"MsoNormal"><font size=3D"3" =
face=3D"Garamond"><span style=3D"font-size:12.0pt;font-family:&quot;Garamon=
d&quot;,&quot;serif&quot;;">Thanks.</span></font><o></o></p></div><div><p c=
lass=3D"MsoNormal"><font size=3D"3" face=3D"Garamond"><span style=3D"font-s=
ize:12.0pt;font-family:&quot;Garamond&quot;,&quot;serif&quot;;">&nbsp;</spa=
n></font><o></o></p></div><div><p class=3D"MsoNormal"><font size=3D"3" face=
=3D"Garamond"><span style=3D"font-size:12.0pt;font-family:&quot;Garamond&qu=
ot;,&quot;serif&quot;;">Mark</span></font><o></o></p></div><div><div style=
=3D"border-left:solid #1010FF 1.5pt;"><div class=3D"MsoNormal" align=3D"cen=
ter" style=3D"text-align:center;"><font size=3D"2" face=3D"Tahoma"><span st=
yle=3D"font-size:10.0pt;"><hr size=3D"1" width=3D"100%" align=3D"center"></=
span></font></div><p class=3D"MsoNormal"><b><font size=3D"2" face=3D"Tahoma=
"><span style=3D"font-size:10.0pt;font-weight:bold;">From:</span></font></b=
><font size=3D"2" face=3D"Tahoma"><span style=3D"font-size:10.0pt;"> Loren =
Morlan &lt;gmorlan@tampabay.rr.com&gt;<br><b><span style=3D"font-weight:bol=
d;">To:</span></b> metatrader_experts_and_indicators@yahoogroups.com<br><b>=
<span style=3D"font-weight:bold;">Sent:</span></b> Wed, February 23, 2011 1=
2:28:57 PM<br><b><span style=3D"font-weight:bold;">Subject:</span></b> [MT_=
E and I] GBP/USD, 2/23/11, 4 HOUR<br></span></font><br>&nbsp; <o></o></p><d=
iv id=3D"ygrp-text"><div><p class=3D"MsoNormal"><font size=3D"4" face=3D"Ca=
libri"><span style=3D"font-size:14.0pt;">Attached 4 hour chart for the Cabl=
e.&nbsp; </span></font><o></o></p><p class=3D"MsoNormal"><font size=3D"4" f=
ace=3D"Calibri"><span style=3D"font-size:14.0pt;">Loren</span></font><o></o=
></p></div></div></div></div></div><p class=3D"MsoNormal"><font size=3D"3" =
face=3D"Times New Roman"><span style=3D"font-size:12.0pt;">&nbsp;<o></o></s=
pan></font></p></div></div></div></div></div></div></div></div><p class=3D"=
MsoNormal"><font size=3D"3" face=3D"Times New Roman"><span style=3D"font-si=
ze:12.0pt;"><o>&nbsp;</o></span></font></p></div><div><p class=3D"MsoNormal=
"><font size=3D"3" color=3D"white" face=3D"Times New Roman"><span style=3D"=
font-size:12.0pt;color:white;"><o></o></span></font></p></div></div></div><=
/div></p>

    </div>
=20=20=20=20=20

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