Nice trade romik ! Good to see these WW's do work, even on a 1 minute time frame :cool: I have found a good intra-day time frame to look for...
A chart of the $VIX vs cash Dow i sketched up this morning...note the green horizontal line on the $VIX chart at the 11 level...
HolyGrail - Thanks for the clarification... sounds like we are in general agreement. This 2 year channel is a big pattern in the scope of...
HolyGrail - I agree, and that is why I have never warmed up to EW, it's just to slippery (arbitrary) in actual use. The WW pattern just seems very...
I agree with HolyGrail, the initial scan of the weekly time frame is picking up the existing strength of the daily trend, in hindsight. And as...
HolyGrail - I suppose one could make a similar argument about most any technical indicator or chart pattern. Each has produced a probability of...
romik - I am not understanding where in the 5 wave pattern the bear flag is supposed to form ? In my study of the Wolfe-Wave pattern, I have not...
Interestingly, if you look at the leftmost side of the chart, there was a perfect wolfe-wave reversal low that formed during 2004 (between Feb...
The Wolfe-Wave pattern is a trend reversal pattern most commonly found in the more basic rising or falling wedge pattern. In an uptrend, you...
Will the market make a new high before year end ? Will the current bull trend extend into 2007 ? Is the 4 year up-trend over and the top already...
I am all for the power of positive thinking and setting goals, but I do not agree with the assertion that a new trader starting at 1 contract will...
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