Elite Trader WebMD hybrid.
For that to be a solid bullish divergence, I'd be inclined to the think RSI needed to put in a low around AUG 5th that is lower than where it is...
You having a giggle?
Fibonacchi retracements combined with Elliot Waves. That should get you all going......5.4.3.2.1...
Tell that to the Crude oil and gold traders right now. You don't think a global lack of confidence in Governments has any factor in the USD and...
Interesting post that. Do you have the link to it?
Quote : "Like anything they "work" some of the time" Ah yeah. I see what you mean now. Wise words.
Cool. So the concensus is that Elliot Waves are basically useless b☆llocks then?
Maybe someone could prove me wrong. "The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser...
You could be right about your negative view of him. Although 7 and a half years gathering skills in price prediction and modelling at JPM does...
Well there's this ; "After graduating with an honours degree from the University of Exeter in physics with geophysics, he spent two years working...
Here's the title again in big bold letters. LOL Are Elliot waves too subjective to be objective?
An authority on a theory that I'm very sceptical on, you mean? Was Elliot FOS aswell?
Where did I say he was "My guy". Did you read the title of the thread?
https://www.davidmurrin.co.uk/article/wave-pattern-analysis-in-markets
Yeah, from a psychology point of view, at a market bottom you have too much fear in the market for wave 1 to last long, so some bearishness...
Well, the guy I was referring to is an advisor to professional traders.
I know of a well known investment strategist guy with a background in Physics, who regularly appears on CNBC, who swears by Elliot waves. He flat...
Those lines look to be drawn simply from bottoms to peaks. You'd have to wait a month or so to be able to draw them, to know that the trend has...
China and Russia are also moving away from the USD. Is this the beginning of the end of the USD as we know it?
Separate names with a comma.