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Old 05-13-2007, 05:40 PM
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Re: Momentum vs Non-Momentum

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seeinG your momentum, non-momentum study. it is correspons to impulse elliott waves and correction elliott waves.

impulse waves = momentum

correction waves = non-momentum.

a propper counting of elliott waves it's another wave to identify momentum and non-momentum

the advantage of elliott is that seeing a big scale of time you can see a bigger picture of whats going on

MX
yes Malvado, wave counts on a bigger time frame can perfectly be a way of measuring momentum... would be interesting to determine statistically how many times (mostly) the 3rd wave performs outside keltner.... cheers Walter.

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