bwolinsky - Sorry that you feel that way. Basically, you are looking for a holy grail that can guarantee you the success of trading. I don't...
bwolinsky - OK I know that you want to know EW more so much. I don't know a way to convince you that EW is one of the best approaches to use for...
ScalperJoe - Thanks for the feedback. It could be heading to 1257 because of current downward momentum. About the question whether 1293 will...
Let me tell you my friends, the most dangerous bear market formation is a long winding slow motion one! The money flows outward from equity...
Here is my portfolio as of today's close: Long Term - Big troop dolloar amount allocation: TLT 50% cash 50% (no change) Medium Term - Small...
Yes, that is correct! If we count the high of 10/27/2011 as the ending point of wave-[I], the current pull back should not fall below that point....
05/12/2012 Comments are welcome! [img] [img] [img] [img]
bwolinsky - I remember that we have talked about this before. Trading is not a science. Trading with EW is more than an art. If you are trying...
ScalperJoe - Currently a possible wave count is in the abc wave 2 bounce from Wednesday's low. If this is the case, after this wave 2, next...
Wide Tailz - Yes, I agree that wave 4 is a critical support. The market looks so far so good. I will still be cautious. My portfolio has loaded...
ammo - I set up my blog last week and posted some possible long term counts in the archive. Some of them are out-dated but still worth taking a...
PerfectEW.blogspot.com I set up the blog last week. I have started posting my real time trades there. Thanks for commmenting!
ScalperJoe - Good point! Yes, the 1340 is the wave-4 (the lower degree wave) where a corrective wave would stop. Thanks for summerizing those...
ScalperJoe - Good observation! To answer your question, I woud like to bring up the two scenarios that we might have: 1. If the big wave-[B] was...
jas_in_hbca - Thanks for sharing! Yes, it looks like a well defined 5-wave down.
:) Thanks for sharing your thought and being a nice audience of my wave threads. I have started a blog as my trade journal to post my real time...
ScalperJoe - Very good point! That is a very good question indeed! We trade wave, which is following some natual law, so we want to trade...
Wide Tailz - Nice count! Thanks for sharing.
ScalperJoe - Thanks for sharing your thought!
It's good that SP futures pulls up a lot before the market opens. We will need to watch to see if the cash index would fall below the starting...
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