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Old Mar 25th, 2012, 01:25 AM   #1
Wide Tailz
 
 
Join Date: Sep 2011
Location: California
Posts: 1,882
Greetings.

This thread will measure my equity curve for your enjoyment, and show a trend following strategy that has proven itself to me after testing everything else my heart desired.

The objective: Catch the "tails" of stock trends using classic trend following tactics, technical analysis, and the occasional automated strategy when a third wave is anticipated via Elliot Wave analysis.

A Reg T cash account will be used using hourly bar charts on various stocks that show the required setup:

1. Countable Elliot Wave situation leading to an anticipated third wave.

2. Momentum divergence using MACD, Slow Stochastics, and any other momentum indicator such as RSI, money flow, etc.

3. Buy trigger on automated signal or trendline breakout.

The setup illustrated:



Images copyright Elliot Wave International, taken from Jeffrey Kennedy's Commodity Trader's Classroom ebook
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Old Mar 25th, 2012, 01:28 AM   #2
Wide Tailz
 
 
Join Date: Sep 2011
Location: California
Posts: 1,882
Current Account Status, 2012

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Old Mar 25th, 2012, 01:32 AM   #3
Wide Tailz
 
 
Join Date: Sep 2011
Location: California
Posts: 1,882
Most recent trade setup. This trade caught the majority of wave labeled iii:

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Old Mar 25th, 2012, 01:35 AM   #4
Wide Tailz
 
 
Join Date: Sep 2011
Location: California
Posts: 1,882
The actual execution on hourly bars. Note the wave 4 created a most excellent breakout barrier. Note the momentum divergence, higher low, and enormous green candle as the third wave lifted off.......





The remainder of this thread will be more of the same.

1. Countable Elliot Wave situation leading to an anticipated third wave

2. Momentum divergence and typically a higher low confirming wave 3 approaching

3. Buy signal via automation (based on a moving average), trendline breakout, or other method.

4. Stop placed below the end of wave 2.
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Old Mar 25th, 2012, 10:07 AM   #5
HurricaneUS
 
 
Join Date: Aug 2008
Location: New York
Posts: 886
subbed...
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Old Mar 25th, 2012, 11:09 AM   #6
N54_Fan
 
 
Join Date: Sep 2011
Posts: 388
Quote:
Quote from Wide Tailz:

Greetings.

This thread will measure ...

The objective: Catch the "tails" of stock trends using classic trend following tactics, technical analysis, and the occasional automated strategy when a third wave is anticipated via Elliot Wave analysis.

A Reg T cash account will be used using hourly bar charts on various stocks that show the required setup:

1. Countable Elliot Wave situation leading to an anticipated third wave.

2. Momentum divergence using MACD, Slow Stochastics, and any other momentum indicator such as RSI, money flow, etc.

3. Buy trigger on automated signal or trendline breakout.

The setup illustrated:



Images copyright Elliot Wave International, taken from Jeffrey Kennedy's Commodity Trader's Classroom ebook
Interesting thread. I actually look for similar things as your system but I do NOT use EW analysis.

Take a look at $XEU...the (EUR.USD) and tell me if this fits your system. I believe the Euro is about to "Launch" as you say. Probably this week.

Thanks,

N54_Fan

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