Ryans' log

[smoothie]

Thanks for doing this.

Question: Personally for you how often has Elliot wave theory proved to work?

[segeln]

Hi Ryan,
please try to post the Charts in bright not in black. I suppose they are better for reading/watching
Thanks

[kehtolo]

Great thread Ryan. I'm just posting, so it saves in my list. Great work though, keep it up!!

[RyNinDaCleM]

Thanks for doing this.

Question: Personally for you how often has Elliot wave theory proved to work?

It really depends on the time frame. When zoomed out (looking at a longer time frame) there are a lot of possible counts and alt-counts, as I'm sure you can tell from this thread. When I have an ideal count, such as right after an invalidation, real-time trading works very well. As the waves progress, I can actually trade in/out with every wave through a cycle. There is still a certain amount of error with targets since EW/Fibo isn't perfect, but that is why I preach to ALWAYS use indicators to back up your trades. This very short term trading is only advisable during a larger move, since fees will kill profits if there isn't enough to offset the difference. By larger move, I mean times of high volatility where the waves are quick to develop and 5%-10%+ each way.


@segeln
Really? I mean, really??
I have to reset my entire color theme?
I could probably do that. I feel the black BG is a little easier on the eyes, though.

@kehtolo
Thanks, and I shall try!

[waveaddict]

Great work, Ryan! 

[RyNinDaCleM]

Great work, Ryan! 

Ah, a visit from the guru himself! 

Thanks, a lot, wave! I wouldn't be where I am today without your help and insight.

[waveaddict]

Great work, Ryan! 

Ah, a visit from the guru himself! 

Thanks, a lot, wave! I wouldn't be where I am today without your help and insight.

The student becomes the teacher...I love it. Keep up the awesome work and never lose that TA (and especially EW) enthusiasm and interest. You are gifted at it.

All the best,

[RyNinDaCleM]

Not much happening today!
I'm going to try out segeln' request for brighter charts for today's update. Tell me what you all think. Personally I like the dark theme. It gives more choice over colors to use. The white completely drowns out yellows and light grays (and obviously white ) while black only limits in the black lines/text. White also seems a bit harsher on the eyes, but maybe that's me because I do most of my posting at night 

Anyway, still waiting on the 2 to go somewhere... ANYWHERE! Invalidate or not, just do something!

[windjc]

Not much happening today!
I'm going to try out segeln' request for brighter charts for today's update. Tell me what you all think. Personally I like the dark theme. It gives more choice over colors to use. The white completely drowns out yellows and light grays (and obviously white ) while black only limits in the black lines/text. White also seems a bit harsher on the eyes, but maybe that's me because I do most of my posting at night 

Anyway, still waiting on the 2 to go somewhere... ANYWHERE! Invalidate or not, just do something!

I vote for white. 

[Raystonn]

It's very difficult to read the numbers on these charts.

[Kramerc]

I prefer the darker theme too. It looks cleaner and more easily readable.

[RyNinDaCleM]

It's very difficult to read the numbers on these charts.

I'll make the text bigger. Sometimes, with many degrees of waves, it becomes confusing with larger text because of overlapping labels. I'll try to get clearer pics up


You can also r-click and view image in full size/resolution. I forget again how to set the image size in my post

[RyNinDaCleM]

Hopefully this is easier to read!
Same chart, just bigger text

[Raystonn]

You can also r-click and view image in full size/resolution. I forget again how to set the image size in my post

That would appear to be a feature of the browser you use.  There is no "view image" when right-clicking the image in Internet Explorer.

[Raystonn]

Hopefully this is easier to read!
Same chart, just bigger text

What I can't read are the prices.  It appears you downsized the resolution of the image, and lost much of the font.

[RyNinDaCleM]

Ah, ok! Thanks
I can fix that
About the r-click; I use firefox, which I thought was identical to ie except without all the security holes.



The forum used to upload in full size, but they changed that.

[Raystonn]

Ah, ok! Thanks
I can fix that
About the r-click; I use firefox, which I thought was identical to ie except without all the security holes.



The forum used to upload in full size, but they changed that.

Thanks, much clearer.

Btw, did you mean these security holes?  http://www.cvedetails.com/vulnerability-list/vendor_id-452/product_id-3264/cvssscoremin-7/cvssscoremax-7.99/Mozilla-Firefox.html

The browsers are not identical, btw.

[RyNinDaCleM]

Ah, ok! Thanks
I can fix that
About the r-click; I use firefox, which I thought was identical to ie except without all the security holes.

img snipped

The forum used to upload in full size, but they changed that.

Thanks, much clearer.

Btw, did you mean these security holes?  http://www.cvedetails.com/vulnerability-list/vendor_id-452/product_id-3264/cvssscoremin-7/cvssscoremax-7.99/Mozilla-Firefox.html

The browsers are not identical, btw.

touche! No, I meant these ones http://www.cvedetails.com/vulnerability-list/vendor_id-26/product_id-9900/Microsoft-Internet-Explorer.html
I guess it's been a while since I researched browsers. MS done good it seems.  

Anyway, back on topic, BFX is the only one to try to move so far. Bitstamp won't budge. Daily MACD is looking to cross down again unless something breaks loose before the close in a little over 7 hours. 4hr MACD is hooking up so it may be that push needed to hold off the Daily cross and get either the c of 2 (from the bear count) or the 5th wave up (from the bull count) under way.

Bear count


Bull count

[vuduchyld]

I vote black, but it's a half-hearted vote.  Mostly, I just want to mark the thread!  Thanks for taking the time to share.

[Bitcoin_is_here_to_stay]

I prefer original color scheme.

1d MACD red and confirmed everywhere, looks like even 3d MACD may turn red soon on Huobi.  I think it is a bit more likely we will go down from here, Huobi looks like it is almost ready to dump, although Finex remains stubbornly optimistic, still adding to already mind blowing number of USD swaps. Interesting times.