The Elliott Wave Analysis Thread

[Sean K]

OH DEAR! i just scrolled back fight fans!!!


IT SEEMS................ kennas posted LOLOL after TH,s indepth post on his findings . then wave picker and others jumped all over him .......... WTF ?? that cant be right ??? PLEASE do NOT scroll back unless ya want the truth to poke ya in the eye ..........

It seems LOLOL'ing here is scope for attack, and personal abuse, and threats to have me sacked as a Mod. WTF?

 

[Trembling Hand]

that's unfair and unjustified. I talk to Wavepicker on MSN just about every night of the week.

It gets better!!!! Apocalypto that very post of mine was giving full recognision to the fact that WP had called for a rally. This is insane.

 

[>Apocalypto<]

It gets better!!!! Apocalypto that very post of mine was giving full recognision to the fact that WP had called for a rally. This is insane.

sorry mate, if that was the case I totally misunderstood you :bonk:

apologies TH!

ok back on topic, I am out of here.......

 

[tech/a]

ok back to working out what count BHP is at

I'll save you some time.
Click to expand.

 

[>Apocalypto<]

I'll save you some time.
Click to expand.

Tech,

what are the three lines going though the price on the highs? (blue green and red)

do you think the 4 is complete now, in EW do you allow for minor thrusts?

Cheers

 

[Trembling Hand]

TH,

If you can put your bias aside for one post and understood what the EW process is you would not be so critical.

ASF is a great website and there are forums to suit every one's tastes. It is obvious you have no use for EW so how about finding a forum where you can make a worth while contribution instead of your constant negative views.

Rudy !!!!

Yes yes blah blah.

Constant negative views. . I made a comment about 2 weeks ago that to ME it seems that the constant labeling of every little micro wave was "More like discussing the shape of pretty clouds floating by while you are waiting for it to rain."

As it stands I still don't see how you guys use it to trade. If you even trade or this is just entertainment for you. But its obvious that any questioning or light pokes will just lead everyone down the road of a **** storm. So I'll move on. My work here is done

 

[MR.]

NUN dont claim to be right either , just another trader doing the thang .... happy not to post nothing here other than incoherent jumble like your goodself if it makes my desicions on my trading look as good as everyone elses here

Hey Nun, dear, not having a go at you. Although it appears that way, perhaps. I still think your spot on shorting BHP. Even have some CFD account forms in my hand as a method to join your short. Not sure if I have the guts.....
The LOL's are general across all posters. anyway. Not picking on anyone here.

Was just having a look at the EW. As for my trading I thought I have already made that clear.

Interesting which basket I now fall though! I'm not a trader I made nil. Now arn't I good. that calls for a real LOL do you think? careful.. you might fall into a basket you don't expect!

incoherent jumble

Is that how it really reads?

 

[nunthewiser]

Hey Nun, dear, not having a go at you. Although it appears that way, perhaps. I still think your spot on shorting BHP. Even have some CFD account forms in my hand as a method to join your short. Not sure if I have the guts.....
The LOL's are general across all posters. anyway. Not picking on anyone here.

Was just having a look at the EW. As for my trading I thought I have already made that clear.

Interesting which basket I now fall though! I'm not a trader I made nil. Now arn't I good. that calls for a real LOL do you think? careful.. you might fall into a basket you don't expect!

Is that how it really reads?

sorry

my sincerest apologies re " incoherant jumble"

big night , grumpy and snappy

good luck with it re BHP short , not saying im right on it just it it keeps nudging my probability criterias

my last short entry on BHP cost me a cupla bucks as the jump the next trade session went past my actual low% stopout point . taught me a lesson.....just cos i think im right often doesent make it so .... was right in taking the loss regardless as climbed even further after and is at a make or break point in my view now ....... watching and waiting like a hawk now and will endeavour to not be so impatient and maybe miss the perfect entry but at least the probabilitys will be more in line with my entry

again sorry for being snappy

have a good day

 

[nunthewiser]

Thanks tech/a

 

[Boggo]

Back on some kind of topic

Plan on hold at the moment but via ASX CFD's on the SFE, WCK6.SFE

Plan may come off hold on Monday, looks like it may have hit resistance at 1.62 APP.

(click to expand)

 

[Bobby]

Those into religion would like EW , both have the same penumbra type reasoning , or is it a feeling of schmaltz that drives one on the endless search .
EW fans could just titillate us septics with what will happen next Tuesday lunchtime, pick something ~~~ but will the count need to be adjusted again ?



and again

And Again

PUBLIC FORUM Guys enjoy.

 

[weird]

EW is just a reason to trade, I don't think any EW trader holds any expectation of the future than any other trader, just a practical spot to have a reason to take a trade, with a defined stop loss, and entry price, with a possible profit target to make the trade worthwhile ... so R/R, there is a difference between practical EW trading and religious EW trading (heck on the latter no one trader seems to agree). While I have been a skeptic too on EW, it does seem to address some human behavior quite well, which is repeated again and again, hence look at the practical use of it.

I had an interesting discussion over a meal tonight, where some one said they were about to start trading an EW system with a 70% win ratio, I was very skeptical as I from experience have traded successful systems with only a 33-60% win ratio ... 70% is too high as a believable trading system. .... practical mid term EW systems seem to range more in the 40% win ratio .... but its not the win ratio we are looking at for the overall profitability of the system.

 

[Porper]

EW fans could just titillate us septics with what will happen next Tuesday ?

Your words Bobby not mine

Some on here are showing great ignorance as to the application of Elliot Wave.

Some have an understanding but are just being deliberately antagonistic for whatever reason.Probably because like most in this market they are losing money.

I personally know 3 people on this forum that have made nice profits trading end of day charts using Elliot Wave in conjunction with other patterns.They don't use it in isolation.

There is a big difference between an Elliot Wave theorist and a realist in my opinion.

 

[biggles]

OK EW is this and EW is that and EW is crap
We get the message!!!! you have won
Gee I'm really disappointed in Aussie Stock forum. I thought this forum was supposed to be a pleasant place. Why is the Moderator NOT STEPPING IN HERE. Why can't there be a thread where people with a common interest be left in peace to discuss it. Surely the Moderator can at least warn the mockers

 

[nunthewiser]

Why can't there be a thread where people with a common interest be left in peace to discuss it. Surely the Moderator can at least warn the mockers

punish ppl for having a different opinion ?

punish ppl for not agreeing with certain methods?

punish ppl for questioning publicly made statements in a public forum?

should your post be punished also for taking the subject off topic ?

 

[IFocus]

Your words Bobby not mine

Some on here are showing great ignorance as to the application of Elliot Wave.

Some have an understanding but are just being deliberately antagonistic for whatever reason.Probably because like most in this market they are losing money.

I personally know 3 people on this forum that have made nice profits trading end of day charts using Elliot Wave in conjunction with other patterns.They don't use it in isolation.

There is a big difference between an Elliot Wave theorist and a realist in my opinion.

Not only EW I think Porper, but trading in general but still its a forum so its all theory ,

What I find fascinating is the criticism of individuals then the extrapolation of that to the method complete with all the baggage of emotional bias really extraordinary and this from mature males? that trade?

But the really extraordinary part is how calm and focused Tech has remained must be tooo busy chatting up blonds, BTW tech / Boggo and others some nice charts and thanks.

 

[biggles]

NTW no not punish. Constructive criticism is fine but do we really need to have the same points again and again. Its just annoying clutter
I'm sure the people who have an interest in EW are very aware of the pitfalls and the counts are suggestions not black and white publicly made statements

 

[Trembling Hand]

NTW no not punish. Constructive criticism is fine but do we really need to have the same points again and again. Its just annoying clutter
I'm sure the people who have an interest in EW are very aware of the pitfalls and the counts are suggestions not black and white publicly made statements

Hey biggles,

Look on the bright side, this is for the other EW posters as well, at least there is lots of interest in this thread.

All the knockers will soon move on to argue about house prices or dead cats or cartman's sanity. At least we know there's interest.

 

[Cartman]

All the knockers will soon move on to argue about house prices or dead cats or cartman's sanity. At least we know there's interest.

i wanna know whos starting rumours i'm sane ----- now i'm really insulted !!

 

[nunthewiser]

Hey biggles,

Look on the bright side, this is for the other EW posters as well, at least there is lots of interest in this thread.

All the knockers will soon move on to argue about house prices or dead cats or cartman's sanity. At least we know there's interest.

Looking forward to your thoughts in the dead cat thread shortly then....