do whatever the fuck you want to do !
- #812,944
- Jul 8, 2013 8:11am Jul 8, 2013 8:11am
- Joined Jan 2010 | Status: Trader | 11,001 Posts
But your right about being definitive on my statements. On a subconscious level I need to use non doubting words, so I thank you for that.
You see that a lot with Ellioticians. Should, could, would, might, let's see... all synonymous for "I don't have a fucking clue.".
Just pulling your leg. If you're into this for 8 years now and you make money, stick to it and rape the bastards.
- #812,946
- Jul 8, 2013 8:13am Jul 8, 2013 8:13am
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} I knew I could count on you to show up. I used Sid to lure you out.
not to be misunderstood: Sid did an outstanding good job and called the top beforehand.
But a prediction on an EW chart in the future is only a best guess. Without having some waves to the downside, you can say nothing with higher probability. A wave can develop with an extended 1, or an extended 3, or an extended wave 5. It also can come as leading diagonal down, which you MOFU lovers would like because of the high prevalence of 50% retracement inside of it LOL
Hard to say at the moment where the move might end. Very roughly at the moment I would tend to say 2650-2450 (end of wave 3). But when we are in a serious of 1-2 moves, it can go much lower (maybe 2207 for end of the wave 3).
Good bumping levels are (attention: I do rather think in terms of area):
2695
2753
2451
2207
But that are only guesses at the moment. I would like to see some wave structure develop beforehand.
- #812,947
- Jul 8, 2013 8:13am Jul 8, 2013 8:13am
- Joined Nov 2011 | Status: That olī grumpy bastard... | 3,235 Posts
Quant Hedge Fund CEO
- #812,949
- Jul 8, 2013 8:15am Jul 8, 2013 8:15am
- | Joined Mar 2012 | Status: Trader | 1,306 Posts
{quote} No problem.
- #812,951
- Jul 8, 2013 8:16am Jul 8, 2013 8:16am
- Joined Nov 2011 | Status: That olī grumpy bastard... | 3,235 Posts
Quant Hedge Fund CEO
- #812,954
- Jul 8, 2013 8:19am Jul 8, 2013 8:19am
- Joined Nov 2011 | Status: That olī grumpy bastard... | 3,235 Posts
{quote}Same Price {image}
Quant Hedge Fund CEO
- #812,956
- Jul 8, 2013 8:23am Jul 8, 2013 8:23am
- Joined Jun 2010 | Status: zero | 20,603 Posts
{quote} No problem.
Hahaha, you are right - but would be a fallacy, when you would think that that would be better with other TA.
It is all a game of probabilities. That is it......
Pulling another leg:
do you know the mathematical correct calculated hit rate of the MOFU's?
But to come back to EW:
never ever use EW alone as trading system. YOU WILL FAIL, regardless what other Gurus will tell you. You may survive that with ultra low leverage, but when leverage is applied in a normal way, never use EW alone. Combine it with S/R, momentum or whatever you see fit
- #812,958
- Edited 8:47am Jul 8, 2013 8:31am | Edited 8:47am
- Joined Jun 2010 | Status: zero | 20,603 Posts