Elliott wave does work

Discussion in 'Technical Analysis' started by commoditiestrdr, Feb 3, 2008.

  1. %%
    THAt's what Vern meant\Wide t noted they goofed Ev so much over the years;
    its like bobbing water , cant miss goofing it up...............................\LOL
    I NEVER have seen a ''cup with handle'' in real time also= all to subjective for me.
    Certainly no disrespect for the leaky cup with handle pattern.[Liquid leaks, but liquid\LOL]
    Know what i mean Vern??'':D:D
     
    #71     Sep 13, 2022
  2. easymon1

    easymon1

    Hey, now... You wanna go there? lol

    MTT, you're too much man, lol
     
    #72     Sep 13, 2022
    murray t turtle likes this.
  3. Post a ticker and I will post a chart (for entertainment value - I am not a registered investment advizor)
     
    #73     Sep 13, 2022
    murray t turtle and easymon1 like this.
  4. Overnight

    Overnight

    T! Have at it! Eviscerate that POS!
     
    #74     Sep 13, 2022
  5. easymon1

    easymon1

    Wow, Im in! This is not to 'benchmark' or 'backtest' or start a pissing match. Anybody wants a pissing match? Politics is the place you want to be.

    Even the most contrived but real example of a chart that did happen anytime on any timeframe is of interest at this juncture. A text book example.

    12345 followed by opposite direction ABC.

    If you, Wide Tailz find or have a past chart, any product at all that will slide under this template that's a good place to start imho. If not, I'll try to dig something up, gladly.

    No sub levels, no body english, just a 'textbook example' that a 4th grader can see.

    ewt simplified.png

    I thought that sounded familiar, lol.
    https://www.motivewave.com/strategies/strategies.htm
     
    Last edited: Sep 13, 2022
    #75     Sep 13, 2022
    murray t turtle likes this.
  6. The very basic pattern is easiest to see on very long term charts. It is a normal boom / bust cycle for a lot of things, even penny stox.

    Crude oil futures, 20 years:
     
    #76     Sep 14, 2022
  7. UPST, a glorious case study of the life cycle of many new things that don't catch on. Fourth wave splashes over the peak of wave 1 slightly, and this is normal in a lot of cases. EW analysis is an art form due to the need to interpret things like this.
     
    #77     Sep 14, 2022
  8. And crypto. The pattern can start again after a long, long base.
     
    #78     Sep 14, 2022
  9. %%
    I look for patterns anywhere;
    plenty of redbirds....... some bluebirds, rufus sided T ....by my feeder Occasional =goldfinch chickadee, bunting, hawks, quail.............
    Strangely they are more excited + active before lunch + late. More than 5 usually soemtimes just one:caution:
     
    #79     Sep 14, 2022
  10. easymon1

    easymon1

    You might like this book. Library near you has it.
    "A Pattern Language" review notes
    https://www.dogpile.com/serp?q=A+Pattern+Language+review+notes
     
    #80     Sep 14, 2022
    murray t turtle likes this.