The fatal flaw in most medium/long term wave analysis and technical systems...

Discussion in 'Technical Analysis' started by RangeTrader, Jun 27, 2012.

  1. People who use these systems don't usually take into account news catalysts and the fundamentals that drive the market cycles.

    Wave cycles can't just drive themselves unlike most e-wavers and etc think... There are events that kick start the patterns...

    The main key things that have kick started the major market patterns since the mid 1980's... The fed, and the fed... And EU politics, and yea... The fed. LoL...


    Just realize that you can't be in a perfect numbers box... You need to account for how news catalysts are influencing the momentum and strength of the market cycles.

    Certain unexpected news events can shift the market cycles into a whole new set of cycles.

    Forget exact counts. Just look at cycles and momentum.


    If we get a EU breakup in the next couple years like expected... Your going to see it catalyze 150-250 ES/SPX cycles like you have never seen! Wooo...


    Investors seem pretty complacent right now. Even I'm doing a lot of long trading intraday...

    Even with stuff like this floating around... "German chancellor Angela Merkel appeared to kill off the prospect of Europe wide bonds at birth in comments made on Tuesday, saying Europe would not share total debt liability "as long as I live"."

    Going to be the buying opportunity of a lifetime when the EU blows up for real. Everyone is just hoping for a decent hundred point EU catalyzed panic over the next couple months then another bull market run.