Recent content by GordyG

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 now. RSI has basically just followed the price action since early AUG. More recent peaks and troughs are what matter.

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 markers in general?

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 people so full of doubts"

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 carry some clout IMHO. The thread was not intended to promote anything, quite the opposite in fact, if anything. I tend to give up looking at EW after...

Well there's this ; "After graduating with an honours degree from the University of Exeter in physics with geophysics, he spent two years working in oil exploration in the jungles of Papa New Guinea, living and working with local tribes and beginning to formulate personal theories on collective...

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