Strategies & Market Trends
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Emcee:  skinowski Type:  Moderated
On this thread we discuss trading using mostly TA, with some use of FA when relevant. The special emphasis is on Elliott Wave analysis. We welcome ideas and discussion related to Sentiment, Momentum and Trend Following.

Prechter's Page
Join club EWI and read the free tutorial first. It's basically an online version of Elliott wave Principal. IMO, it is well worth the money to subscribe to EWI services for a while. Reading them regularly, for at least a few months, is probably the best and most cost effective training available. But - would not advise to follow them (or anyone) blindly in your trading. Use your own judgement. Take responsibility. Be in the driver's seat.

Always give a lot of weight to the prevailing trend. E-waves have a tendency to make you look for "completed structures" and too expect reversals. You will find that a lot more often waves will just keep subdividing in the direction of the larger trend. Big, important reversals will happen, of course.... but they're just too uncommon to make looking for them a worthwhile effort.

Watch out! Sometimes, unrelated cycles and events may appear as "meaningful" patterns.... :)
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27226As are you Sam!! Bobrobert b furman-5 hours ago
27225Bob, You are a man of rare high character. I would never tell you "I told POKERSAM-5 hours ago
27224hi Sam pardon the rant.<smile>. I do think draw downs suck.LOL Bob robert b furman-5 hours ago
27223OK, I was just asking if you had thought about it.POKERSAM-5 hours ago
27222Hi Sam, As in a zig zag A. Or even as just a 3-3-5 ABC Yes - that's a muchrobert b furman-5 hours ago
27221Bob, have you considered that the down wave coming is a third wave rather than aPOKERSAM-6 hours ago
27220Hi RC, Really good read! Thanks for showing me that. The housing credit crisirobert b furman-7 hours ago
27219Robert I don't know if you get John Mauldin's emails and read his weeklrcksinc-8 hours ago
27218Hi rock, That sure was a high level of Macd to expect a reversal from. I was hrobert b furman-8 hours ago
27217Hey SAM, I think you can tell Clam Digger "NOW". That lovely 317 porobert b furman-9 hours ago
27216Definition of trend - higher(lower) highs(lows). On the hourly, once again we hskinowski-yesterday
27215Posted earlier but here it is again reflecting a very serious volume in the lastrcksinc-yesterday
27214It fell apart just before the last 65 minute period of the day. Then they blamrobert b furman-yesterday
27213I see three down wiggles off the top... based purely on personal experience, thiskinowski-yesterday
27212Awesome price swing from 11:15 on approximate. Sam in your eyes we have begun arcksinc-yesterday
27211That little wave two caused a bullish breeze to blow through.POKERSAM-yesterday
27210I'm targeting 2777 for this move and then wait and see what happens.Jack of All Trades-yesterday
27209That was an amazing call you made a few weeks back! But they are hard to repeatmattstat-yesterday
27208IMO we could go to new Highs but then I'd let the chart form up and tell me rayrohn-yesterday
27207It do look like dat bull flag be playin out here.Clam digger-yesterday
27206I don't see the market stopping here. If anything, this is a potential breakmattstat1yesterday
27205No doubt - he humbly types. My only dream is to ride long on the coat tails of robert b furman-yesterday
27204What happens is up to powers far greater than you and I, my friend... lol I am skinowski-yesterday
27203Hi RC, To me it would be comforting to see the SPX go beyond the 61.8% retrace robert b furman-yesterday
27202No... I was replying to a post by PS where he was discussing the action of the pskinowski-yesterday
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