On this thread we discuss trading using mostly TA, with some use of FA when relevant. The special emphasis is on Elliott Wave analysis. We welcome ideas and discussion related to Sentiment, Momentum and Trend Following.
People are invited to freely exchange views and opinions. Everyone is 100% responsible for their decisions.
Always give a lot of weight to the prevailing trend. E-waves have a tendency to make you look for "completed structures" and too expect reversals. You will find that a lot more often waves will just keep subdividing in the direction of the larger trend.
(Reminder - any comment I ever make on this thread is FWIW. No one really knows the future)
Jay Kaeppel:
Jay’s Trading Maxim #38 - Two of the keys to trading success are: •Being willing to take decisive action when the right moment comes along (and doubt is highest) •Doing nothing the rest of the time (when the urge to “do something” is at its height) |
