X-Account-Key: account7 X-UIDL: 1298587545.22828.mail16 X-Mozilla-Status: 0011 X-Mozilla-Status2: 00000000 X-Mozilla-Keys: Received: (qmail 22818 invoked by uid 78); 24 Feb 2011 22:45:44 -0000 Received: from unknown (HELO cloudmark1) (10.49.16.87) by 0 with SMTP; 24 Feb 2011 22:45:44 -0000 Return-Path: Received: from [98.136.45.56] ([98.136.45.56:22261] helo=n57c.bullet.mail.sp1.yahoo.com) by cm-mr12 (envelope-from ) (ecelerity 2.2.3.46 r(37554)) with ESMTP id FE/0D-07600-89FD66D4; Thu, 24 Feb 2011 17:45:44 -0500 DKIM-Signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=yahoogroups.com; s=lima; t=1298587543; bh=zcbQ38PLdrBMxixdK6Zrb3CrJdOWOY6jCUNfT78euMo=; h=Received:Received:X-Yahoo-Newman-Id:X-Sender:X-Apparently-To:X-Received:X-Received:X-Received:X-Authority-Analysis:X-Cloudmark-Score:X-Received:To:References:In-Reply-To:Message-ID:X-Mailer:Thread-Index:Content-Language:X-Originating-IP:From:X-Yahoo-Profile:Sender:MIME-Version:Mailing-List:Delivered-To:List-Id:Precedence:List-Unsubscribe:Date:Subject:Reply-To:X-Yahoo-Newman-Property:Content-Type; b=LN5zcjD/65OjsCZobb2iSzDZEtbxiuJpbmA3AfQy2eRVsAD5vB56ghUSeX5zreOfbku/tAZ0pnIL0651pWjz/4UhK9QibNMqFTJpmcAlDhq1HkieB78qF4unvcPaRqnU DomainKey-Signature: a=rsa-sha1; q=dns; c=nofws; s=lima; d=yahoogroups.com; b=rWnSUMHV76wHMOCVYSmF3JTwtIWKT7Z55iPxYEmFWOVLlGK3UHPR8sq0XtpyXtiOWBOZWwpnAKfYOxJD68qsgMb5uSoGvAJgmGEQbetPbzvSuCIQEUsDXfz/9o6Jj8gS; Received: from [69.147.65.150] by n57.bullet.mail.sp1.yahoo.com with NNFMP; 24 Feb 2011 22:45:43 -0000 Received: from [66.196.94.61] by t7.bullet.mail.sp1.yahoo.com with NNFMP; 24 Feb 2011 22:45:43 -0000 X-Yahoo-Newman-Id: 12111071-m116698 X-Sender: gmorlan@tampabay.rr.com X-Apparently-To: MetaTrader_Experts_and_Indicators@yahoogroups.com X-Received: (qmail 19344 invoked from network); 24 Feb 2011 22:45:17 -0000 X-Received: from unknown (66.196.94.105) by m11.grp.re1.yahoo.com with QMQP; 24 Feb 2011 22:45:17 -0000 X-Received: from unknown (HELO hrndva-omtalb.mail.rr.com) (71.74.56.123) by mta1.grp.re1.yahoo.com with SMTP; 24 Feb 2011 22:45:17 -0000 X-Authority-Analysis: v=1.1 cv=+c36koQ5Dcj/1qolKHjtkYAGXvrVJRRiKMp+84F5sLg= c=1 sm=0 a=TQ_Haz2meV4A:10 a=nS+zSNEA4jtGT2g3su/Nkw==:17 a=qV0mfD4mAAAA:8 a=ayC55rCoAAAA:8 a=CjxXgO3LAAAA:8 a=4w9q55WaAAAA:8 a=7wQjBvpxfhFzFnn8bu8A:9 a=iIBUgpn7Rec_8o_d9a8A:7 a=srljDl11D2cQ94Eez3hq6J8MtZcA:4 a=QEXdDO2ut3YA:10 a=LS31CRdK14QA:10 a=ao4RW71Vw8YA:10 a=rC2wZJ5BpNYA:10 a=GbAuVKbXtJzjMoq8:21 a=zkyeeB5q3KK-1oLI:21 a=yMhMjlubAAAA:8 a=SSmOFEACAAAA:8 a=G_5s8neSAAAA:8 a=CEoa4NSW_c_t-M9A4vIA:9 a=w269720Y19kFykAiCIAA:7 a=mpEIJ-bKj_pyBNFaY2ON4iE8Y9cA:4 a=X8QYCXx5czLskot5:21 a=tm2LVgjFMA0wGcbE:21 a=nS+zSNEA4jtGT2g3su/Nkw==:117 X-Cloudmark-Score: 0 X-Received: from [70.125.42.184] ([70.125.42.184:1979] helo=nunswen0cecy73) by hrndva-oedge03.mail.rr.com (envelope-from ) (ecelerity 2.2.3.46 r()) with ESMTP id 8D/40-24070-C7FD66D4; Thu, 24 Feb 2011 22:45:17 +0000 To: 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> <002401cbd471$0d80aa00$2881fe00$@rr.com> <774475.56823.qm@web34505.mail.mud.yahoo.com> In-Reply-To: <774475.56823.qm@web34505.mail.mud.yahoo.com> Message-ID: <000301cbd474$82fc51a0$88f4f4e0$@rr.com> X-Mailer: Microsoft Office Outlook 12.0 Thread-Index: AcvUcxsH3AsMEY4wQUOP9XGNzbcj5wAAHNlw Content-Language: en-us X-Originating-IP: 71.74.56.123 From: "Loren Morlan" X-Yahoo-Profile: lorenmorlan Sender: MetaTrader_Experts_and_Indicators@yahoogroups.com MIME-Version: 1.0 Mailing-List: list MetaTrader_Experts_and_Indicators@yahoogroups.com; contact MetaTrader_Experts_and_Indicators-owner@yahoogroups.com Delivered-To: mailing list MetaTrader_Experts_and_Indicators@yahoogroups.com List-Id: Precedence: bulk List-Unsubscribe: Date: Thu, 24 Feb 2011 17:45:18 -0500 Subject: RE: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR Reply-To: MetaTrader_Experts_and_Indicators@yahoogroups.com X-Yahoo-Newman-Property: groups-email-ff-m Content-Type: multipart/alternative; boundary="----=_NextPart_000_0004_01CBD44A.9A2649A0" X-Antivirus: AVG for E-mail 10.0.1204 [1435/3465] X-AVG-ID: ID432A29A5-5DA5FF3E ------=_NextPart_000_0004_01CBD44A.9A2649A0 Content-Type: text/plain; charset="utf-8" Content-Transfer-Encoding: quoted-printable I realized when looking at a line drawing of the 8 wave cycle that it was i= n fact an upright H&S price pattern the most common price pattern. The EW = cycle is repeated H&S patterns, that is how price advances higher.=20=20 =20 The most important observation was that RSI better than all other indicator= s always accurately traced the H&S pattern.=20=20 =20 Entry and exit points are much more precise using RSI/EW price location.=20 =20 From: MetaTrader_Experts_and_Indicators@yahoogroups.com [mailto:MetaTrader_= Experts_and_Indicators@yahoogroups.com] On Behalf Of Mark Sent: Thursday, February 24, 2011 5:35 PM To: MetaTrader_Experts_and_Indicators@yahoogroups.com Subject: Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR =20 =20=20 Ok, I just ordered it used but like new from Amazon for $9.40 plus shipping= how did you discover that the EW go hand-in-hand with the H & S patterns= , was that through another book, or simply market observations? =20 I did learn a few years ago that Marc McRae's 1-2-3 setup is built on wave = theory and that the 1.618 fibo extension line is a good exit point for his = system. =20 Thanks. =20 Mark =20 _____=20=20 From: Loren Morlan To: MetaTrader_Experts_and_Indicators@yahoogroups.com Sent: Thu, February 24, 2011 2:20:32 PM Subject: RE: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR =20=20 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 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 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 =20 ------=_NextPart_000_0004_01CBD44A.9A2649A0 Content-Type: text/html; charset=UTF-8 Content-Transfer-Encoding: quoted-printable  
=20=20=20=20=20=20 =20=20=20=20=20=20

I realized when looking at a line drawing of the 8 wave cycle tha= t it was in fact an upright H&S price pattern the most common price pat= tern.=C2=A0 The EW cycle is repeated H&S patterns, that is how price ad= vances higher.=C2=A0

 

The most important observation was that RSI better t= han all other indicators always accurately traced the H&S pattern.=C2= =A0

 

Entry and exit points are much more precise using RSI/EW price locat= ion.

 

From: MetaTrader_Ex= perts_and_Indicators@yahoogroups.com [mailto:MetaTrader_Experts_and_Indicat= ors@yahoogroups.com] On Behalf Of Mark
Sent: Thursd= ay, February 24, 2011 5:35 PM
To: MetaTrader_Experts_and_Indicators@yahoogroups.com
Subject: Re: [MT_E and I] GBP/USD, 2/23= /11, 4 HOUR

=  

 

=

Ok, I just ordered it used but like new from Amazon for $9.40 plus shipp= ing.  how did you discover that the EW go hand-in-hand with the H &= ; S patterns, was that through another book, or simply market observations?=

 

I did learn= a few years ago that Marc McRae's 1-2-3 setup is built on wave theory and = that the 1.618 fibo extension line is a good exit point for his system=

 

Thanks.=

 

Mark

 

From: Loren Morlan <= gmorlan@tampabay.rr.com>
To: MetaTrader_Experts_and_Indicators@yahoogroups.com
Sent: Thu, February 24, 2011 2:20:32 PMSubject: RE: [MT_E and I]= GBP/USD, 2/23/11, 4 HOUR

 

Yes. = However Prechter unnecessarily complicates EW patterns.  Nevertheless= it does provide the basic information need for EW study.  Not one tim= e does he observe that the EW cycle is simply an upright head and shoulder = pattern.  The most common of all price patterns.<= /p>

Loren

 <= o>

From: MetaTrader_Experts_and_Indicators@yah= oogroups.com [mailto:MetaTrader_Experts_and_Indicators@yahoogroups.com] = On Behalf Of Mark
Sent: Thursday, February 24, 2011 5:= 13 PM
To: MetaTrader_Exp= erts_and_Indicators@yahoogroups.com
Subject: Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

 =

 

Loren, is this the co= rrect book you reference? 

Elliott Wave Principle: Key to Market Be= havior (Hardcover)

by A. J. Frost, Robert R. Prechte= r Jr.

 

<= /span>

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

  <= /p>

The 4 hour chart did not trace 5 wave patterns.  Price only traced = three wave corrective patterns.  Please study Prechter=E2=80=99s book,= =E2=80=9CElliott Wave Principle=E2=80=9D.

 

<= font size=3D"2" face=3D"Tahoma">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
<= span style=3D"font-weight:bold;">To: MetaTrader_Experts_and_Indi= cators@yahoogroups.com
Subject: Re: [MT_E and I] GBP/USD, 2/23/11, 4 HOUR

<= /div>

 

 

Hello Loren,=

 

Could you please label the 5 wav= es on this chart?

 

Thanks.

 

Mark

From: Loren Morlan <gmorlan@tam= pabay.rr.com>
To: met= atrader_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

 

Attached 4 hour chart for the Cable. 

Loren

 

<= /div>

 =

 

=

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