What follows below is ATA's original introduction to the thread. I abbreviated and modified it a little. There will be no time frame limits. Any analysis is acceptable, from minutes to years. Just give us your best..... :)
Ski
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The focus of this thread will be to identify profitable entry and exit points intra-day. The methods that I use for defining my trades are primarily based on Elliott waves however other disciplines are welcome provided that they are precise and you can produce a chart that clearly illustrates the concept on a timely basis. Moving average resistance, long-term trend lines, Fibonacci levels, and pitchforks are a few examples of sensible alternatives that should be watched.
Discussion should be preferably focused on indexes and other vehichles that are tradable via futures or ETF's.
People have to invest enough study to contribute something useful. A trading board should not be a place to learn the basics. It just slows things down. It is always mildly shocking to me when I see a post that starts along these lines: "I don't know Elliott from Chinese, but what do you think of the following [twisted, invalid, I-put-no-effort-into-it] count."
Good Luck, lets make some money.
Prechter's Page
elliotwave.com
Join club EWI and read the free tutorial first. It's basically an online version of Elliott wave Principal.
Wave reference with pics:
elliott-wave-theory.com
Rules and guidelines:
geocities.com
A good post that explores some of the pitfalls of elliott trading.
traders-talk.com |
