Did I do it right this Time, Analysis

[Hunterbunter]

As if you could tell the future by looking into the past.

This is a tenet of all science. By establishing cause and effect, in a repeatable situation, you can use that information for other effects. We discovered once that mixing petrol vapor and air in a certain % mixture ignites powerfully enough to push a piston. We use that information to build an engine. We predict that every time we have the same % mix of air and fuel, we'll get an exact explosion.

All sciences begin as arts; for example, alchemy was a precursor to chemistry. Psychology is an attempt to identify the patterns in the human brain, and thus make it predictable. Just because it is complex does not mean it won't ever be understood. Once psychology is understood economic tasks will be trivial (or perhaps vice versa).

[mysteriousawake]

Thanks Hunterbunter,

Some just do not know  , and I know its real thats why I try to learn.  Im doing better than most, and
I know that by how much im makeing in a % , it happens to be a fibonnacci number,
just like sales of million dollar automobiles are up, 23% to 100%, fibonnacci numbers, while the poor suffer,  how did they do that.

[ineededausername]

just like sales of million dollar automobiles are up, 23% to 100%, fibonnacci numbers, while the poor suffer,  how did they do that.

Sir, do you even know what Fibonacci numbers are?  23 and 100 are certainly not examples of such numbers!
In fact, you're calling PERCENTAGES Fibonacci numbers!  That boggles my mind!

[beardman]

just like sales of million dollar automobiles are up, 23% to 100%, fibonnacci numbers, while the poor suffer,  how did they do that.

Sir, do you even know what Fibonacci numbers are?  23 and 100 are certainly not examples of such numbers!
In fact, you're calling PERCENTAGES Fibonacci numbers!  That boggles my mind!

Perhaps you should consider doing some research before accusing others of ignorance, though he poorly phrased them as Fibonacci numbers rather than retracement levels. The percentages are based off of the fact that as the Fibonacci sequence approaches a large n, the n value is about 61.8% of the n+1 value. Take a guess of what 61.8% of 61.8 is.... and 61.8% of 38.2. Obviously 50% has nothing to do with Fibonacci as such, but it is a useful retracement as well.

[ElectricMucus]

I just leave that here

[waveaddict]

Everything has its place when used properly:

1) EW is 'most useful' for limiting risk

2) Fibs are 'most useful' when searching for quick reversal areas

3) MACD, RSI, OBV, ADX, etc. along with MAs are 'most useful' when searching for tops, bottoms, and consolidating regions in both the long and short term

However, the true art of investing comes from blending all three    

[mysteriousawake]

Yes correct I misphrased them, sorry i know what they were and i was doing something else at the time and noticed after typing but didnt feel like correcting myself, thanks for the support.....

0, 1, 1, 2, 3, 5 , 8 , 13 , 21,  and phi.    but,,  the golden ratio.  and you probably can predict your death with these numbers.... dunno. or when the world blows up.. but go figure, dont chase it to far, like...you might find out the real deal..or not, maybe just wind up on the weird side of youtube.

Munehisa Homma...  I give you break on rice today..... but tomorrow you pay more.  The weather is going to be bad. lol..  


Thanks wave, I find your info useful for learning......

dont forget multiple timeframes all open at once....

[mysteriousawake]

I have sierra with three chartbooks,  each with 3 or 4 timeframes.

[mysteriousawake]

I keep Mac on all , the first indicator i learned.
use Rsi , thanks for that article waveaddict.   and on the moving averages... but somethings I disagree with you with as i try to keep it simpler, I always try to simplify.
bollinger bands and squeeze in samechart. but not on just to check.

[mysteriousawake]

EW int try to apply EW to anything   
for them the wave 3 was from '70, i dont see EW to be the solution for everything 

I saw that too and the fifth wave is now over right, so doom is coming right , collapse maybe..
The worst depression?

[mysteriousawake]

As yes I have almost 2 months experience,  im still playing.  My main window is 30m to 4hr. set up

30        120

60        240


and flip flop     

[Kettenmonster]

The good thing about self-fulfilling prophecies is, no need to care for. They do it themselves. 

[mysteriousawake]

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[mysteriousawake]

daily



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[mysteriousawake]

They got us again, fucking aliens



Looks like a head and shoulder then a rebottom.

[Hunterbunter]

Looks like a head and shoulder then a rebottom.

To the moon.

[mysteriousawake]

Last one to the bottom loses. lol.

[RyNinDaCleM]

Last one to the bottom loses. lol.

Many losers! But, some more than others. 

[gewure]

i'm sorry for myself not aknowledging the existence of this topic earlier

[mysteriousawake]

Nice what just happened,  its always more obvious to count the waves after they occur
so they lag just like technical indicators.   So Elliot wave works it lags bad.

profits without elliotwave and indicators  60%   guessing and using chart patterns.
profits with elliotwave and indicators       blah, too much learning, lagging , but it is
                                                                  a fun experience and may help you long
  term with elliotwave , and indicators can be useful to follow other players, also, i really
havent put it to play yet, as while i learn i dont bet much, but when i do get back
into the groove , 
 
i will put into play trendlines, indicators , and more into my trading experience.
I really have to say all this drawing sometimes takes away from an instinctive trade, but it takes some of the fear of loss away from the equation, knowing the likelihood of the bottoms.  I just now have to work it all together with timing.  Which timeing is the hardest part.

Im just about ready to go back to my original formula, top secret.