Using Elliott Waves https://www.dogpile.com/serp?q=Using+Elliott+Waves ET Search Results for Query: elliott wave https://elitetrader.com/et/search/14573946/?q=elliott+wave&o=date&c[title_only]=1&c[node]=33
Anybody want to do the simplest of simple Elliott Wave markups on one of these charts or something of your own choosing?
good old Prechter. its an impulse followed by a reaction that either continues or reverses...its that simple. i do like how the counts can help find those pesky reversals.
Century dow industrials count. Mr. Prechter called the top in 2012-13 and then revised their count after it made a new high. What an eye opener that was for me. There are usually many possible solutions and very few really tradable situations with EW, but it does make you think, which can help with impulse control before entering positions...
Ride that market tidal wave, understand it,...don't let that market wave ride you, and wipe you out, and black you out, Make a Million dollar Turtle,