Potential Best MEthod of all

I've done a review of all my trades and also some manual chart backtesting and it seems as if the ABCD method of trading is very reliable esp when converged on a trendline

http://i16.tinypic.com/3ymxc47.gif

they also occur in counter trend moves (riskier). But it is easier to enter on the bigger ABCD.

IT is also similar to elliot wave theory....they might be the same

Change A to 1, B to 2, C to 3, D to 4, now it's supposed to be in wave 5 nearly finished? An EW count indeed.

my thoughts also. a, b, c, d are to follow in the next days.

what do you guys mean? I know the C should be new A and D the new b....but the 12345 is elliot wave...

Utilizing numbers to show (repeating) patterns is easier to recognize and understand than using the alphabet. Numbering does not imply that this is associated with the elliott wave in any way.

Good Luck

I see 3 impulse minor waves up and 2 corrective waves down which is EW fashion of counting. That is a resistance line not a trendline though. But I am not sure what you mean by it being a trading method with just this limited amount of information. There are waves marked (doesn't matter to me whether numbers or letters are used) and resistance level which price for a time went beyond. How is entry determined? Etc.