Elliott Wave Traders â Buy and Sell Signals. October 23 - 29th, 2007. This is not very profitable. Follow at your own risk, because it is free. ________________________________________ Posted by mu200411 on 10-23-07 09:30 PM: = 9.30 AM EDT in ^GSPC Chart Short position closed. Prepare to open short position when there is a lower low. ________________________________________ Posted by mu200411 on 10-23-07 09:39 PM: Short entered. Set stop at the last high. ________________________________________ Posted by mu200411 on 10-23-07 10:06 PM: Stop out. Wait for another lower low to enter short position. ________________________________________ Posted by mu200411 on 10-23-07 10:13 PM: Short position re-entered. Set stop at the last high. Looks like a choppy session. ________________________________________ Posted by mu200411 on 10-23-07 11:29 PM: Position reversed. Set stop at the last low. Set target for 1000, 100, 200 upward movement, but may reverse position at 2/3 retracement if there is a lower low again. ________________________________________ Posted by mu200411 on 10-23-07 11:56 PM: Short position entered. Set stop at the last high. Keep long position for a moment. ________________________________________ Posted by mu200411 on 10-24-07 12:01 AM: Short position stop out. Wait for a measured move to re-enter short postion again. ________________________________________ Posted by mu200411 on 10-24-07 12:07 AM: Looks like a choppy sesssion. Had to re-enter short position again. Set stop at the last high. Keep long position. ________________________________________ Posted by mu200411 on 10-24-07 12:46 AM: Short position stop out again. Wait for a measured move to re-enter short postion again when there is a lower low. Set stop at the last high. Quit if stop out again. Keep the long position. ________________________________________ Posted by mu200411 on 10-24-07 01:01 AM: Prepare to re-enter short position if the "M" pattern is confirmed. Prepare to close long position if today low is broken. ________________________________________ Posted by mu200411 on 10-24-07 10:45 PM: Short position opened at open as said. Set stop at the last low. Long position was closed at the second lower low. Market is accelerating downward. Set target at 800,80,160 points lower than Tuesday high. But will take profit around 200,20,40 if there is a higher high. ________________________________________ Posted by mu200411 on 10-25-07 12:03 AM: Position reversed near target 200,20,40 when there was a higher high as said and reversed again after 70,7,14 points rebound when there is a lower low. Set stop at the last high. ________________________________________ Posted by mu200411 on 10-25-07 12:52 AM: Short position stop out and is now re-entered at a lower low. Set stop at the last high. No long position yet. ________________________________________ Posted by mu200411 on 10-25-07 10:22 AM: Status: Short position stop out and long position re-entered. ________________________________________ Posted by mu200411 on 10-25-07 11:36 PM: = 11:36 AM EDT in ^QSPC chart. Short position opened and stop set at the last low. Prepare to stop out. ________________________________________ Posted by mu200411 on 10-26-07 02:26 AM: Long position closed as said. Short position closed when there is a higher high. Plan to re-enter short position if there is another lower low. ________________________________________ Posted by mu200411 on 10-26-07 11:30 AM: Status: Long position opened at the intraday reversed Head and Shoulders confirmation. ________________________________________ Posted by mu200411 on 10-26-07 09:42 PM: Long position closed at Dow lower low and short position opened. Set stop at the last high. ________________________________________ Posted by mu200411 on 10-27-07 11:53 AM: Status: Short position closed near 70,7,14 points down move when there was a lower low and long position opened. Long position closed when v = iii and there was a lower low. ________________________________________ Posted by mu200411 on 10-29-07 08:59 PM: Short position opened. Set stop at the last high.________________________________________ Posted by mu200411 on 10-30-07 04:40 AM: Short position stop out and re-entered. (For the Dow)
Sorry for wasting your time. Just for fun. Don't take this thread too seriously, or else, you will be disappointed.
Wave i would start @1.4035 if its in an ED 5th wave. The weekly chart on 6E looks like a stright forward 1,2,3,4 count of the Aug lows....
Thanks Mup. Agree with the significance of top of wave i. Status. Short position held as said, thus avoiding seesaw. First target at -98,-12,-22 from Monday high was tempting but passed due to uncertainty in where to re-enter. Scenario 1. No cut, the Market tanks. Strategy 1. Take profit near - 250,-25,-50 when there is a higher high and re-enter short position at 1/3 retracement when there is a lower low. Scenario 2. .25 cut the Market rebounds then tanks. Strategy 2. Cover short when there is a higher high. Wait for another opportunity to short. Scenario 3. .50 cut USD tanks to 1.5, the Market rebounds to new high. Strategy 3. Reverse position when there is a higher high. Set stop at the last low.