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Full Version: Thank you for the e-book :-)
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Good day friends! Smile
I enjoyed the e-book after having recently studied Prechter's Elliot Wave Principle, and the first half of Neely's Mastering Elliot Wave. My focus has been supply/demand (price based) trading and I am really enjoying the discovery of the Wave Principle. Most recently I have been trying to find 1st waves and a pull back for higher probability opportunties. The way I understand NWR is that in every 5th and C wave, the "b" wave (RTB) in the next lower degree will set new trend price territory. When I read the e-book and postings at the forum, I am still confused about which degrees are being refered to after the higher degree "5th and C wave", as well as how to recognize the RTB 4th.
Have you ever done a short video on how to navigate through the NWR analysis. If you have one, I am very interested and grateful. Anyway, I will keep on truckin' with my studies and thank you again. Smile Brian.
Hi Brian,

You're Welcome and Welcome!

The degree is not the focus but the wave. It is the 4th sub-wave of any C or 5th wave.

Enjoy.

Smile
Thank you for the welcome message. Smile
I am looking forward to discovering how RTB 4th and non- RTB 4th's
behave. From what I understand, RTB's must pass the progression of wave 3 and non-RTB's must end before the termination of wave 3.
Fascinating how this "b" wave sets new price territory. Learning about the Wave Principle is a journey, and I am enjoying the discovery process. The very best to you and yours. Take care. Brian. Smile
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