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BTW do you already know the outcome of this chart? Is it a partial post of something from the past. Like a “blast from the past?. And you can then post a later version showing your narrative pan out? Or is this an up to date chart showing future projection that has not actually happened yet as...

Why? Because much more potential profit can be made trading the moves then exiting. Then counter trading the original move then exiting then entering main trend again as it resumes and repeat instead over and over instead of holding on one trade for the duration of the move. You should read The...

There are many trains, many stations, many ticket counter from which to buy a ticket in a 1 day trading session.

Why do EW people have to renumber until it hits? Do the bends in the river change?

Draw the map as it happens not after the fact or hindsight as you like to say. Be a Louis and Clark map out the wilderness as you go along in the canoe!

No not two weeks. One day session only. Is EW not fractal? Was it not in part developed by Ralph on 30m index charts. Lets see you do this live.

In such a case it is helpful to take a look at a higher TF. For instance, a bear tight micro channel (with no PBs of five bars on a 1m chart is one big bear bar on a 5m chart. If it closes on it’s low on that on 5m would you short or go long? Or would you wait to see if there is good FT bar...

Thanks.

It is hard enough to discern where price might be 15 minutes out. And a year out? No one knows. Elliot developed his theories on market indexes, 30m charts. Why can’t you do this live for us on a SIM using ES. Ralph died I believe it was 1948. While it is true the market moves in cycles EW is...

Haven't looked at it. What thread? Nevertheless, it would be one trade. One lucky guess, Do this live all session long. A SIM will be fine.

Lol

No, obviously you don’t understand inertia.

Ok video tape you trading doing this pattern projection live. Ok. Doing it on a live SIM will be fine. Tell us what pattern will comes about in the empty space on the chart before it comes about? We will await you future drawings come Monday. Make sure you are doing this live and don’t forget to...

Why is it good to draw in a pattern after the fact you ask? One word. INERTIA.

Why are you drawing that triangle in? What prompted you to do so? Could you not as well just drawn in to the empty space a TR? Or a PB? Or a continuation of the bull move? Take out the triangle and replace the empty space with two horizontal lines i.e. futuristic TR edges! Or take out the...

A trading range is just an extended PB. A PB is a temporary pause in the immediate market trend. It is usually caused by profit taking or other institutions try to make the BO fail. A pause (i.e. a PB) should not be labeled as a TR until it is 20 bars in duration. Why? Because until that time...

What? You mean an after the fact accumulation pattern? How do you recognize something that doesn’t yet exist? I thought you were not an after the fact trader. Lol

Tight channels are more directional. It is generally best to trade such channels only in the channels direction. For instance, in tight or narrow bear channels I prefer to only short.

You been bar hopping? Like in a pub crawl?

So what. Are you sure there are 14 billion people on the planet? Lol maybe 14 billion have eat a McDonald's hamburger?