the above posts are from the KING of counting ups and downs.......he is a professional poster on every forum in existance........I have offered to set him up with a 1 million dollar account if he can show me he is a profitable live trader...he ...

Elliott Wave Counting with EG

Is that why when guys who are "stock market" guys come to Forex they get waxed for a while or end up leaving???? thats two totally different mindsets.......

Wall Street close watch

I'm an idiot when it comes to stocks so please forgive me in advance....let me ask this...who cares, bull market or bear.....don't you buy individual stocks based on that companies performnce or future performance...and if every other stock is going ...

Wall Street close watch

You HAVE to be able to count waves on the time frame you are looking at. you go to shorter time frames to verify that the spike that shows say on you're 1 hr chart was truely a wave or not, but that is it, if you intermingle charts, you get a hybrid ...

Elliott Wave Counting with EG

eg...your counting ups and downs as waves....ALWAYS, ok 95% of the time find 5 waves in wave 3......in your last chart...find me 5 waves.........this is where up and down counters get messed up.......3 is almost always the biggest, most ...

Elliott Wave Counting with EG

HEY!!!! I thought I was on the right side of the deal...............who knew? I'll just double up again and make it back.........

Wall Street close watch

EG,,for future reference, an ending diagnal is not a 3,3,3,3,3 pattern......it is 5,3,5,3,5......waves overlap.........

Elliott Wave Counting with EG

the charts we read as chartists are a reading of human nature....i.e. fear and greed of the masses. candle stick patterns, price movement, patterns, EW. are all a way to read the "attitude" of the herd....we will always have the herd, we have ...

The fundamental terrorists must be stopped

there is no volume indicator that can be relied on......by lunchtime NY the day is usually done except for profit taking by day traders.....this shows up as flags off the days lows and/or highs.......corrective waves form in ABC's for the most part, ...

Elliott Wave Counting with EG

just remember EG, waves do not have to end as volume ends for the day......so be careful putting a wave count on just a daily low.......or high....count waves, not spikes.....

Elliott Wave Counting with EG

absolutely will without a doubt..........next question.........

EURUSD

I think there is one point being made...the sooner you stop using indicators the sooner you will become a good trader........relying on price action and learning that it is a repeating pattern....find 1 or 2 or 3 that you recognize over and over ...

Getting rid of indicators

just make enough money in the forex, and buy your way out of the next ice age or global warming...buy a spacestation and float above it till it all gets worked out....remember to get fast speed internet though........you'll want to keep trading....

Trading the Supermodel Indicator

LOL........so they shipped you off to Switzerland to keep you quite.......

greenspan still has excellent timing

Oh my, where to start........Fibonacci is a Natural law of the universe, in the same concept as gravity...it revolves around the numbers that represent PHI and phi and natures (Including human) reactions to them. we react possitive or negative to ...

The Fibonacci !?

my bad eg...the numbers are just set on the chart...we are not even done with 1 yet...........

Elliott Wave Counting with EG

eg...never count a wave 3 until you can count 5 waves in it.......some of your ups and downs are subwaves creating wave 3...........wave 4 of 3 usually is the one that goes complex and everyone wants to call it wave 4 of the higher ...

Elliott Wave Counting with EG

eg, Here's my take from the all time high under 150......abc down...a=c........ wave 1 up...wave two did not retrace as far as we thought...we were looking for another day or two of dollar strength for a deeper retrace, but we did get 38.2% which is ...

Elliott Wave Counting with EG

I collected them from the mid 60's to the early 70's..out grew them and GAVE them to a kid down the street.....WHO KNEW??????????

When did you start trading?