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11/8/2022

In NEoWave Symmetrical patterns, what are the minimum and maximum price / time relationships allowed between waves?

Unlike traditional Elliott Wave patterns (Flats, Zigzags, Triangles), Symmetricals and Diametrics DO NOT possess Fibonacci price or time relationships. It was this KEY characterist

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9/15/2022

What Fibonacci relationships are present in Diametrics and Symmetricals?

Diametrics and Symmetricals DO NOT possess Fibonacci price or time relationships. It's a critical, formational characteristic of such patterns and is the reason I was able to disco

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5/7/2021

In the past, you've mentioned the concept of "Supplemental Price & Time" in your private classes and in your Forecasting updates. Please define that concept along with when and where it is allowed.

Under NEoWave, all patterns have price and time limits imposed on the final leg of a formation (based on the typical price / time "standards" imposed by prior waves - see the Rule

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4/21/2021

It has been 30 years since you wrote Mastering Elliott Wave. With the increasing complexity of markets, along with the new patterns you discovered after its release (Diametrics, Symmetricals, Neutral Triangles), does Chapter 3 still provide the proper foundation for learning and applying Wave theory?

Yes, all the rules in my book still apply today (and should continue to work going forward, because they are based on logic NOT back-testing). The only thing I got wrong in Masteri

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9/2/2020

Is there any place we can go to read about new patterns (post 1990 mew book) and the rules governing them?

Go to this link on our website... https://www.neowave.com/qow.asp then scroll down and in the SEARCH window type Diametric or Symmetrical or Neutral Triangle or ANYTHING you w

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7/28/2020

Where can I find information on NEoWave Diametric and Symmetrical formations?

Information on NEoWave Diametrics can be found on our website here... https://www.neowave.c

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6/2/2020

Is overlap between wave-d & wave-f essential to the development of a NEoWave Diametric formation?

Overlap is NOT required between waves-d & f of a Diametric nor is it required between waves-b & d. This fact can help you, at times, differentiate between a Triangle or Diametric f

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12/2/2014

It was my belief that no leg of a Triangle, except for wave-e, could itself be a Triangle. Am I correct?

In 1990, when I released Mastering Elliott Wave (MEW), that was also my assumption. The statements in MEW were derived from 7 years of personal experience trading, forecasting mark

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11/25/2014

If wave-B (in any pattern) takes less time than wave-A, can I confidently assume a ZigZag or Flat is NOT underway but instead that a Triangle or Diametric is forming?

Yes

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10/19/2011

In Mastering Elliott Wave, you describe one type of confirmation. But, in the NEoWave Trading service you frequently employ a different type of confirmation. Are these two approaches interchangeable?

Traditional pattern confirmation, discussed in Chapter 6 of Mastering Elliott Wave, refers to post-pattern price action immediately after the last leg of the previous pattern. For

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3/25/2011

In the past, you've warned that markets are difficult to predict when wave structure is in its "middle phase" of development. What techniques should one use to trade such periods?

The "middle phase" of a Flat or Zigzag is wave-B. The "middle phase" of a Triangle is wave-C; in a complex correction, it is wave-X and in a NEoWave Diametric it is wave-D. The lar

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3/4/2011

Can wave counts, and their implications, differ from one time frame to the next for the same market? If so, what does it mean?

In general, a chart's wave count should be based on behavior present on that time frame. For example, daily wave structure should be based on daily price action. If a daily chart i

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2/25/2011

Can I use the Time rules (in Chapter 9 of MEW) to allow wave-A of a Flat, Zigzag or Triangle to be equal to the combined times of waves-B and C?

Unlike many questions in this section, this one requires little elaboration. No matter what pattern is forming (a standard Flat, Zigzag or Triangle, or a NEoWave Diametric or Symme

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1/5/2011

Since mid 2009, despite how much the stock market has rallied, no Elliottician (including NEoWave) have us in a new bull market. Why?

Wave theory is very clear about what constitutes a "trend" and a "correction." Trends are composed of 5-waves and are called impulsions. Counter-trends are frequently composed of 3

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4/14/2010

In past updates I've seen you reference waves-F and G. Is there a limit to this wave "alphabet"? Why not just begin anew with a-b-c?

Unlike orthodox Elliott Wave, which allows great variance in the behavior, relationships and time consumption of specific patterns, NEoWave imposes strict limits. Accurate forecast

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3/10/2010

You no longer use the term extracting triangle...why not?

In the early 1990's, soon after the release of Mastering Elliott Wave, a host of new patterns began to emerge (Diametrics, Symmetricals, 3rd Extension Terminals, and oddly shaped T

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2/17/2010

In Chapter 8 of Mastering Elliott Wave you show many complex formations ending with contracting triangles. Is that how they should always end?

In the 80's, when I was collecting material for Mastering Elliott Wave, that is the way complex double and triple combination patterns behaved in nearly all markets. As the 90's ro

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2/10/2010

You rarely mention Fibonacci relationships in your work. Do you use them, but just don't mention it? Or, do you simply not use them?

Fibonacci relationships have important application when applied to most, standard (orthodox) Elliott Wave patterns. But, around 1990, when Mastering Elliott Wave was released, new

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1/20/2010

Do you have software that does NEoWave analysis? If not, why not?

In my book MASTERING ELLIOTT WAVE (MEW), I present wave analysis in a very logical, step-by-step fashion. Because of the methodical approach I developed and present in MEW, many ar

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12/30/2009

In a NEoWave Diametric, what would be the maximum Time deviation between adjacent waves?

In a NEoWave Diametric, the general rule is most wave segments tend toward equality in time, but are different in price. For time similarity to be most obvious, the complexity of t

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