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thanks for the tip just bought 87.47 and flipped for an easy $1

Think what you want, but if used practically it can provide the best risk reward trades known to the market. Its just something to add to your toolbox, I make a living off it everyday. There is a difference between trying to make elliot out of everything vs the obvious. If you dont believe...

you may want to check your symmetry... I show it coming more in the 1430-1435 area

Hog you have no freaking clue what you are talking about.... That may be the case for most scalpers, but definately not for all. Scalping offers the lowest risk IMO. If you have a strategy that works on all time frames why not use it on a lower time frame and do it over and over. It allows...

I asked for the sample size, ie how many years and how many trades during that time. I also want to see the avg trade size ie after all commissions etc how much did the system make per lot. I would definately like to see the equity curve as well, that says it all for me. Until then trying to...

Post the peformance report. I want to see profit factor, sample size, avg trade etc..

I thought I would post another thread regarding another high probability trade with a good risk to reward. I have successfully called the oil bottom by 3 ticks from a daily chart on another thread so you can take that as some merit. This trade will be sure to stir up some controversy, but here...

Profit Target 1 Hit! 63.85

Rule of 10? Im assuming this means a reversal or LOD/HOD after 10 points from the open in one direction?

Market had a destructive move to the downside as I stated had high odds of happening last night due to the completion of a symettrical 5 wave move. It then squeezed up in the lunch time and then made another move down in the afternoon which I also stated would happen. Market then DB in a key...

a move lower then 1388 we will see a test of the nov 28th lows

careful on shorts here could either be an easy homerun but odds are against you

its ok to get caught in the crosshairs every once in awhile. Especially after catching several 10 point moves with tight stops.

oh ya... the S&P hasnt moved like this for months. Its been doing it for about 4 days now, hope it continues...

wow nice to see some volatility return to these markets. They squeezed the shorts real bad on that last spike, including me. Most likely range for the lunch and then another possible leg down in the afternoon

should bounc here at 1394.25 i doubt we retest lows from here

yes bright we just got up to area here at 1396 should retest low here or at 1399 area remeber retest to me means a mimimum of 78.6 retrace. It doesnt have to touch the exact low I see us continuing to grind up to 1399 where I will be adding another short unit with a 1.5 stop

taking profit 2 on short from 1407.50 here at 1392 expecting a bounce here to create a wave 4 correction. I am on fire....

I am going to be blunt. A sample size of a year and a half with only 90 trades is not near sufficient to put real capital to work. Demand for 2.0+ profit factor, over 70% wins and over 500 trades minimum.

Anaylsis was spot on again. Market opened right at the first zone and sold off viciously as was stated the night prior. It pulled back to test local Resistance and fell back again only to hold the zone. It then proceeded to move up and test the zone again pulling back and creating a minor wave...