Elliott Wave and Index Trends with POKERSAM Message Board

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Strategies & Market Trends : Elliott Wave and Index Trends with POKERSAM

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From: POKERSAM	4/28/2024 12:09:19 AM
	1 Recommendation Recommended By Ms. Baby Boomer Read Replies (1) of 1781

I guess I will have to take this boy to school. If you can subtract, add, and multiply you can see that my wave [Y] of B is well within the rules boundaries. Just out of curiosity, do you know what a cardinal rule is? Rules for a wxy zig zag wave B. • Wave W must be a Zigzag. • Wave C of W cannot be a failure. • Wave X can be any corrective pattern except an ET. • Wave X must be smaller than Wave W by price. • Wave X must retrace at least 20% of W by price. • The gross price movement of Wave X must be less then 3 times the price movement of Wave W. • Wave X must be no more than 5 times Wave W by time. ? Wave Y must be a Zigzag Wave Y must be greater than or equal to Wave X by price. • Back-to-back and double failures are not allowed. • Wave Y must be greater than 90% of Wave W by price, and Wave Y must be less than 5 times Wave W by price and time. • Wave Y must be no more than a factor of 5 times either Wave X or W in price. • Wave C of Y cannot be a failure. From my Indepth Elliott Wave Rules and Guidelines.

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