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Old 11-06-06, 02:54 PM
Summerset's Avatar Summerset Summerset is offline
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TRADING FORK EXTREMES – 3 month Setups.

The system currently in use (as of pp.47) originated from the Fork X Action - Reaction lines system, that used CCi patterns as a direction trigger at fork extremes & the closest Action Reaction lines above or below such extremes.

It was determined that the most and Only effective fork to be used was one with its median running through the Wave-1 top --> Wave-4 bottom line of a begining or starting motive wave (that should have been previously isolated from a correct Elliot count).

Utter relience on such a "1-->4" line stems from the Elliot premise that "A wave-4 must try to test the top of wave-1". And so continually motive starts sre found to recur & fractual out in larger motive impulses that originate by bouncing off that 1-->4 line in the longer term.

A lot of detailed work was next covered in determining and confirming precise CCi patterns that signal the breakout of specific Elliot waves. Within this approach CCi patterns signalling breakout of the following, can now be readilly spotted and taken:-

1- A confirmation of a wave-2 conclusion.
2- Breakout of wave-3s.
3- Distinguish the breakout of a wave-4 apart from the regular wave-3 corrections that are normally bought in.
4- Determin the precise conclusion of a wave-B top out in either an ending 3 or 5.
5- Confirmation of a "C" bottom in a grand ABC correction of higher degree.

When such CCi recognition patterns are taken down to be used on smaller 1/2hr --> 5min frames, It becomes possible to locate the precise bottom of a wave fractual that makes up a larger wave, and then use that bottom to make a precise trade entry of long to intermediate term potential.


Such trade entries are made using a custom designed trigger indicator, that couples indicator breakouts on the 30 min frame with divergence on 5min frame as a dual confirmation for trade entry, allowing practical implementation of a minimal 40-45pt stop size. And utilizing the max lot size possible related to an acceptable 2-3% risk on overall account equity.

Furthermore, the implanting on the position at the very fractual start of a larger impulse, capitalizes on profits by regularly pyramiding and compounding further on as the wave progresses.

The Strategy is called WSi (Wave Segregation Index)


I am applying the methodology to forex pairs only, due to personal accumulative experience. But would be really interested to see it applied to futures & commodities, by others. And would give assistance towards this end.


No trades will be posted here.


But the methodology applied will become eminent through the regular weekly updated posts covering fork analogies for different forex pairs.

Interested traders in the money management applied, and exact trades taken, can refer to the web site under my profile.

Critiques & technical deliberations are also welcome, & will be attended to. Lengthy ones would be addressed conviently on weekends when markets are closed.

Wishing Everyone Sustained & Prolonged Health And Wealth.
Attached Files
File Type: pdf EURODOLLAR.pdf (255.9 KB, 346 views)
File Type: pdf EUROYEN.pdf (126.5 KB, 95 views)
File Type: pdf sterlingyen.pdf (207.2 KB, 94 views)

Last edited by Summerset; 05-23-09 at 05:30 AM.
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