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Question Of The Week - Library Of Past Questions

Below are past questions highlighted on NEoWave's Question of the Week. Select the question that you want to view.

week of:	past questions:
9/17/2008	Does your view of a falling gold price still hold if we start to see a large increase in US bank failures?
9/10/2008	What percentage of profitable trades must one have to be considered successful and intelligent?
8/13/2008	Many have written to ask how I could possibly think a deflationary environment would unfold over the next few years when "evidence of inflation is so obvious"!
8/6/2008	When plotting wave charts (as described in Chapter 2 of MEW), what happens if the high or low of the day, week or month occur twice (e.g., a low occurs March 1 and then March 31)?
7/30/2008	Ellioit wave worked well in the 80's, now its accuracy is disappointing. NEoWave works great today, but how can we be sure it will work well 20 years from now?
7/23/2008	In past NEoWave TRADING reports you have talked about market declines being faster than rallies or vice versa. Can you explain how you determine such things?
7/9/2008	When you set your stop loss, what do you consider most important?
6/25/2008	We all know Wave Theory is best suited for stock averages and non-consumable items, not individual companies. Using only price data to count waves, how can one pick the best stocks?
6/18/2008	Since Mastering Elliott Wave, have you developed new ways of applying TIME to categorize corrections?
5/14/2008	Answers to Common Elliott and NEoWave Questions
4/30/2008	I have been practicing orthodox Elliott Wave for years. If I upgrade to NEoWave, would it be difficult to understand? I'm concerned NEoWave theory appears to be in opposition to Elliott Wave.
4/23/2008	How much leverage do you suggest for trading your futures recommendations?
4/16/2008	What makes NEoWave better than Elliott Wave?
3/26/2008	Does inflation effect Elliot Wave/NEoWave development and should I "fix" it by plotting in constant dollars or just forget about it and plot in current dollars?
3/19/2008	Many believe the stock market, particularly since 1987 (and most certainly from 2003 to 2007) has been manipulated. Wouldn't that manipulation impact proper Elliott and NEoWave pattern developement? How do you compensate for that influence?
3/12/2008	Why is it that hourly, daily and weekly traders sometimes begin with the same entry and stop? Aren't hourly traders expected to be more adept and use smaller stops than daily or weekly traders?
2/27/2008	In Mastering Elliott Wave, you talk about "missing waves." What is this NEoWave concept all about and doesn't it conflict with the X-wave phenomenon?
1/9/2008	Why do you release NEoWave TRADING updates in the middle of the day?
12/7/2007	Most traders seem to lose money when they play options. Why ?
11/28/2007	In a Running correction, what is the maximum wave-b can exceed the end of wave 1?
10/31/2007	If NEELY RIVER technology allows one to trade effectively without forecasting, does wave analysis offer any advantage?
10/24/2007	Can the middle wave of any corrective formation be the shortest in length? I know NEoWave says it can never be the shortest in time.
10/17/2007	Is there a rule that can be used to determine if a move is an A,B,C or the 1,2,3 of an ongoing impulsion?
10/10/2007	Where can I get information on Neely Wave (NEoWave) discoveries you have made after the release of Mastering Elliott Wave?
9/26/2007	Which charting service do you recommend in order to get the best cash data plot.
9/19/2007	You mention in Mastering Elliott Wave, on page 5-25, the concept of touchpoints within a Triangle. How important is this rule and does it always apply?
9/12/2007	Is NEoWave suitable for individual Stocks?
8/29/2007	Sometimes b-waves are larger than a-waves, sometimes they are the same size and sometimes they are smaller than a-waves. Does it mean anything?
8/22/2007	Before every trade, all of us experience many emotions, which create false trades with failure to follow NEoWave rules. How are you fighting emotions?
8/15/2007	Must the 2-4 trendline be drawn across the END of waves-2 and 4 or across the lowest points of waves-2 or 4?
8/8/2007	Can an X wave take place after a Flat even if the Flat does not channel "perfectly"?
7/25/2007	What is the maximum length of wave-c in an Elongated Flat and can wave-c be a Terminal in such a pattern?
6/27/2007	Why are the drawings of wave patterns in Mastering Elliott Wave so different from all other books on Elliott Wave?
6/20/2007	You don't mention Fibonacci relationships much in your updates. What use or benefit does Fibonacci have in NEoWave?
6/13/2007	What is the importance of channeling and how do you use it?
5/16/2007	Referring to Fig. 8-25 of Mastering Elliott Wave, "is it possible that wave X could retrace into wave A and still hold the pattern implications?"
5/9/2007	Is it possible for waves-b and d in a triangle to consume less time than waves-a and c?
5/2/2007	In MEW you say the thurst out of a Running, Contracting Triangle can be up to 261.8% of the largest leg of the Triangle. Is this a strict rule or just a guideline?
4/25/2007	Could you briefly explain what is meant by “river theory”?
4/18/2007	Is the concept of degree, appearing in "Mastering Elliott Wave", and its frontier value of 1/3, a good rule to differentiate smaller-degree waves from larger-degree waves?
4/11/2007	When a market is forming a significant top, would it be accurate to say that, while Elliott rules will be respected, guildlines with fall by the wayside?
3/21/2007	Do you think options are a reasonable way to trade using your service.
1/10/2007	If you are counting waves on an hourly timeframe, how many bars at most should you ideally have in view?
12/27/2006	While plotting highs/lows, only price is used, but the time difference between them is not. Do you think it is of no use when and at what time highs/lows occurred. And if you think they are useful, please tell us how it can be used to detect the structure of monowaves?
12/20/2006	Why is the NEoWave TRADING service separate from the NEoWave CHART service. Isn't the purpose of both to successfully trade markets?
12/13/2006	How do you differentiate between the end of a Contracting Triangle and an ongoing Diametric or Symmetrical?
11/29/2006	In other publications I frequently see wave counts such as 1-2, i-ii, 1-2, followed by a 3rd of a 3rd Extension. How come you rarely have that in your NEoWave Chart and Trading services?
11/22/2006	Is there a FLAT where the complexity of leg "a" is greater than leg "b" and leg "c"?
11/15/2006	is there any way of determaining the end of the 5th wave of a 5th Extension Impulsion (Terminal or Trending) before the break of the 2-4 trendline.
11/8/2006	What is the smallest time frame you actively apply NEoWave theory to and how much time do you spend on a particular market to make your analysis and trading decisions?
10/25/2006	Since triangles occur frequently, but are often misinterpreted, what clues exist to tell you a pattern that looks like a triangle is not a triangle?
10/18/2006	Is there any relationship between the complexity of wave-X and the complexity of the patterns it is separating.
9/27/2006	Is a Diametric formation Corrective or Impulsive? Also, in a rising market, does it indicate the trend will continue or does it indicate the rally is over?
9/20/2006	For adjacent waves to be considered the same degree, must they possess both elements (i.e., Price and Time) of the Rule of Similarity and Balance or just one of them?
9/13/2006	We all know how to calculate the "thrust" following a Contracting Triangle, but how does one calculate the "thrust" following Expanding and Neutral Triangles.
9/6/2006	Which works better, analyzing the smallest time frame and building up, or the largest time frame and working down?
8/28/2006	Are you keen on supplementing Wave theory with the works of W.D. Gann?
8/14/2006	When you set stops/targets, are you using electronic or U.S. pit sessions?
8/7/2006	When plotting Weekly charts, do you include the current, unfinished week?
7/31/2006	Why does Elliott Wave sometimes fail?
7/24/2006	How do you know when a wave pattern ends after a high or after a low?
7/17/2006	To apply NEoWave properly, how many bars should a chart contain?
7/10/2006	What do you think about Elliott oscillator use?
7/3/2006	Now that many markets trade 24-hours-a-day, how should I construct my charts?
6/26/2006	If the end of a correction occurs higher than the impulsion preceding it, how do you measure it for Fibonacci relationships?
6/19/2006	Can a 5th wave be a Diametric formation?
6/12/2006	Why do you sometimes trade contrary to your forecasts?
6/5/2006	How important is the "Overlap" rule and do you apply it strictly or loosely.
5/29/2006	What is the best and safest approach to trade an impulse wave? Many books say "exit at end of wave 1, reenter at low of 2, exit at end of 3, reenter during wave 4, exit at end of 5."
5/22/2006	When wave-4 is a Triangle, can any part "overlap" wave-1?
5/15/2006	In creating a wave chart, how do you decide to plot the high or low first?
5/8/2006	Why is analysis done with cash data and trading done with futures data?
5/1/2006	Can a Terminal impulse end with a 5th wave failure?
4/24/2006	What is the most productive/efficient time frame to trade to maximize profits/minimize losses?
4/17/2006	What is the most important thing in determining wave structure and where patterns begin and end?
4/10/2006	What should be the structure of smaller internal waves of a larger Impulse Wave?
4/3/2006	Can two impulsive (or corrective) patterns occur one after the other, on the same time frame?
3/27/2006	Should fibonacci relationships be measured in absolute numbers or the distance covered on a log scale?
3/20/2006	Do you measure Fibonacci relationships from the beginning to end of a wave or from high to low?
3/13/2006	In an Impulsive pattern, how important is the Rule of Extension?
3/6/2006	How much importance do you place on volume, open interest and other market data?
2/27/2006	In a Double Three Running Correction, how large can wave-X get?
2/20/2006	If a pattern looks like a 5-wave move, but lacks alternation, what does it mean?
2/13/2006	Does MEW cover all the ways the "Rule of Similarity and Balance" apply?
2/6/2006	How much detail (i.e., how many monowaves) should a chart contain?
1/30/2006	Which is best, cash or futures charts?
1/23/2006	You mention several ways to plot data in MEW, which is the best?
1/16/2006	How is wave structure impacted by dividends and interest payments or stock splits?
1/9/2006	How do you translate your cash wave analysis into a futures market trade?
1/2/2006	How do I know when a pattern starts higher than the low or lower than the high?
12/26/2005	What are the behavior traits that differentiate :F3`s from :5`s?
12/19/2005	What factors determine the classification of various Triangles?
12/12/2005	Is it possible to produce accurate market analysis without religiously applying Chapter 3 of MEW (Mastering Elliott Wave)?
12/5/2005	What would be the best approach for confirming the end of wave-5?
11/28/2005	What are the minimum requirements for wave-C following a running B-wave correction?
11/21/2005	What alerts you to the non-impulsive nature of a group of waves that many would misinterpret as impulsive?
11/14/2005	Under NEoWave theory, what is more important - structure or behavior?
11/7/2005	What`s the proof that a pattern ended at a certain point and at what time is NEoWave able to predict this?
10/31/2005	In an impulsion, can wave-2 take less time than wave-1 and can wave-4 take less time than wave-3?
10/24/2005	How many Triangle categories and variations exist under NEoWave theory?
10/17/2005	What is the difference between Elliott Wave and NEoWave?
10/10/2005	Should Daily charts verify Weekly structure or should Weekly structure guide Daily analysis?
10/3/2005	What are some reliable ways to identify degrees in wave formations?
9/26/2005	Is it possible for wave-b of a Zigzag to be shorter in time than both waves-a & c?
9/19/2005	Should a logarithmic or arithmetic chart be used for Elliott and NEoWave analysis?
9/12/2005	If structural conflict exists between a shorter and longer-term chart, which do you trust?
9/5/2005	Is it possible to predict the percentage wave-4 will retrace of wave-3 after wave-2 has ended?
8/29/2005	What is a NEoWave NEUTRAL Triangle?
8/22/2005	What specifc rules must be met for the application of an x-wave?
8/15/2005	What is NEoWave "Reverse Alternation" in a Triangle?
8/8/2005	What is a NEoWave SYMMETRICAL formation?
8/1/2005	Can wave-2 ever be a Triangle?
7/25/2005	What is a NEoWave Diametric Formation?
7/18/2005	What are the TIME limits for wave-b of a Flat?
7/11/2005	In an A-B-C correction wave A can be a three. But can the first wave of wave C be a three, that is the first wave of the five wave of C?