Chief Market Analyst For SwingTraderOnline
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The Magic Of Elliot Wave Intraday
Thanks to my old friends and mentors Bill Williams and his daughter Justine, themselves both successful traders and accomplished Ellioticians, I have always respected the prominent five wave count that makes up the basics of R.N. Elliot's Wave Theory. What had always held me back from fully embracing Elliot Wave however was that it was just too subjective and no one could ever really say where it stopped and started, or so it seemed to me. I gravitated to Dow Theory and eventually my own Risk Tolerance Threshold Theory, which is based on a tenet of Dow Theory, because it was completely mechanical - no subjectivity: ... (full story)
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- Oct 7, 2013 4:07pm Oct 7, 2013 4:07pm
- Fx-BigDog
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- Spreadbetter
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"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- Trout
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- Spreadbetter
- | Membership Revoked | Joined Feb 2012 | 3235 Comments
"The meek shall inherit the earth.." Yeah right, good luck with that shit..
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- Trout
- | Commercial Member | Joined Oct 2007 | 688 Comments