Search results

  1. W

    Elliott wave charts & predictions

    It's the target to start legging in for me. Use whatever level you want to. I see a bunch of "traders" here arguing over semantics about a system where I have just shown you how it can project future price levels over a year in advance, and you all are basically drawing random lines on the chart...
  2. W

    Elliott wave charts & predictions

    Reliable? I find the RSI much more useful because it shows divergence better which coupled with EW can confirm a weakening trend.
  3. W

    Elliott wave charts & predictions

    On another note. They have been trying to get me to dump my shares for weeks lol. Heading into today, shares of CLSK had lost 22.93% over the past month, lagging the Finance sector's gain of 2.49% and the S&P 500's gain of 2.57% in that time. Maybe this bodes well for the earnings coming up...
  4. W

    Elliott wave charts & predictions

    https://www.smithsonianmag.com/science-nature/gamblers-take-note-the-odds-in-a-coin-flip-arent-quite-5050-145465423/?page=1 (funny I already suspected this was the case)
  5. W

    Elliott wave charts & predictions

    Do I need to remind you what happened in UFC 1 when strikers had no ground game? The only reason strikers have a chance now is take down defence, and at a minimum, knowledge enough to stave off a submission and get back to their feet if taken down. BUT not if they run into a very skilled...
  6. W

    Elliott wave charts & predictions

    Come on patty...thats not a flat that's an extended correction. Here ya go if you want to see a more complex correction.
  7. W

    Elliott wave charts & predictions

    What don't you guys under stand that 1.618 IS the price level. If you look at the chart it predicted the 16k low over a year prior. that is not after the fact it is BEFORE the fact. :)
  8. W

    Elliott wave charts & predictions

    Of course it doesn't, it just shows that the golden ratio and fractals do. :)
  9. W

    Elliott wave charts & predictions

    Each wave has specific target levels that can be used for entries and exits. This is a little more involved that Brooks counting 16 candles hi/lo or bull break out fails lol. Yes I have all the books too.
  10. W

    Elliott wave charts & predictions

    I have already mentioned all this Paddy, if people want to learn how to chart an actual correction then there are plenty of resources. This is just showing you the Fibonacci levels, it isn't really even EW. How price gets there, and where to enter is how the charting comes into play.
  11. W

    I told you BS was BS!

    D's room???? :) Black-Scholes Assumptions The Black-Scholes model makes certain assumptions: No dividends are paid out during the life of the option. Markets are random (i.e., market movements cannot be predicted). The whole system is flawed because of this assumption. The market is anything...
  12. W

    I told you BS was BS!

    And needing the call price to calculate the put price thing. They are completely separate entity's...all this parity garbage is to compensate for the fact that the two are connected via a workaround.
  13. W

    I told you BS was BS!

    You forgot that it is recursive. Calculating Implied VolatilityPlugging the option's price into the Black-Scholes equation, along with the price of the underlying asset, the strike price of the option, the time until expiration of the option, and the risk-free interest rate allow one to solve...
  14. W

    Elliott wave charts & predictions

    Here is the high in NOV2021. I erased the chart up to today. A common level to expect the extension to reach is 1.618. As you can see, you could forecast the drop to 16k way back then. Where is going now? Using the same extension tool it shows it could extend more. btw you could forecast...
  15. W

    Elliott wave charts & predictions

    Were talking the Fibonacci levels right now. You can backtest all you want. Doesn't matter whether the charts finished or not finished...fib levels don't change
  16. W

    Elliott wave charts & predictions

    No! Lol what would be the point then? It forecasts levels. I can demonstrate if you need me to.
  17. W

    Elliott wave charts & predictions

    I hope only on indexes or only risking what you can afford to lose in a bankruptcy if not. :)
  18. W

    Think Twice before Buying Long Puts by Themselves

    Lol what? I was just going to point out that pricing is based on standard deviation, not on the chance of it going to zero... but never mind.
  19. W

    POLL: Elliott Wave vs Support & Resistance (which is better?)

    Same goes for moving averages.
  20. W

    Elliott wave charts & predictions

    I don't know it got me a Gallardo. :)
Back
Top