Has anyone read and do you recommend either: Applying Elliott Wave Theory Profitably by Steven Poser or Mastering Elliott Wave by Glen...
Hey guys, assuming the bull case and that this rally is wave 1 up, how deep could we expect a retracement? Isn't .618 a common wave 2...
What the hell was that? Crazy tape.
Until it's not.........
Mup, using your ALT ideas, how do you define when it has been penetrated or broken. Does price only have to trade beyond it once or do you need...
Quiet on here today. Anybody had their coffee yet?
No decision yet. Still learning and gathering info.
I'm with you Illum. I got a small short on towards the end of the day. I'm thinking wave 4 is near complete and 5 waves down may begin soon. If...
Thanks Mup. It looks like your Y is playing out to be about 2 times the length of W. Interesting. We'll see if it holds.
Good point MGJ. In a long term position, S and C are smaller percentages of your costs. I guess what I'm trying to figure out is how the...
MGJ, I think that is a good idea, and know real lessons can be learned by doing things yourself. But, I also don't believe in re-inventing the...
Any advice on how far out to open a trade? If I want to take a long term futures position in an equity index, what are the pros and cons to...
Looks like that last rally would negate my 1:1. Back to the guessing board.
If 680 breaks, what are the chances of a C wave breaking higher above Mups 694.75 ? Sorry I couldn't include more open space to draw out the...
Know your pot odds.....(make sure the reward to risk ratio is good) Start with 1/2 limit instead of 5/10 no limit...(trade small share...
Looks like we'll get the gap down, now lets see if that is the end of wave 5 of 3.
This may have been posted before, but it is important and will affect traders. Congress meets tomorrow, March 2. Follow this link if you'd...
Landis and Mu, I think we are on the same page. I'm hoping for a gap down opening on Monday for a quick long play back up to wave 4 of 3 of 5...
Now, will the gap fill or will we break this morning's opening lows?
Could it be Irene's bed time?
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