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  1. M

    Ewj: elliott wave

    Look like another 150, 20, 30 points on the upside. Prepare to reverse position.
  2. M

    Ewj: elliott wave

    Prepare to place a second short position when the lower trendline of the last triangle is broken and set stop at the last high. Unless the upper trendline is broken first!
  3. M

    Ewj: elliott wave

    a 1-2-3 or an a-b-c?:confused:
  4. M

    Random Walk Theory Proved, once and for all.

    I must acknowledge that the Market does not possess infinite degrees of freedom. There is some limitation. 1. A $100 stock cannot swing between $1 and $10,000 in one day. 2. Price changes are related to the previous close as percentage, usually not exceed 100% in one day. Other than those...
  5. M

    Ewj: elliott wave

    Long position closed. Open short position. Set stop at the last high.
  6. M

    Ewj: elliott wave

    Now that the ECB kept rate unchanged. If the Fed cut rate on December 11, 2007 EUR/USD may jump to 1.54 and after some retracement jump to 1.60.
  7. M

    Ewj: elliott wave

    Scenario 2. Minute 4)c.1 is a diagonal triangle. The rebound is Minute 4)c.2. Minuette 4)c.2:c may end at Fibonacci .618*measured move End of 4)c 12724.8203, 1406.23, 2539.8101 End of 5)1.1=13465.1201,1488.9399,2696.24 End of 5)1.2=13237.8398, 1460.66, 2613.8301 Last high of...
  8. M

    Ewj: elliott wave

    Status: All short positions closed when stop out. Long position opened as said in strategy 1. Scenario 1. Minute 5)1.3 is in full force. Target at measured move and reversed sHs pattern target. 13978.1396, 1543.3699, 2770.26 Strategy 1. Hold long position to target.
  9. M

    Ewj: elliott wave

    Short position open. Set stop at the last high.
  10. M

    Ewj: elliott wave

    Look like an ascending wedge now, with lower trendline break. Prepare to open short position.
  11. M

    Ewj: elliott wave

    Every time a sell signal is pending, the market jump!:confused:
  12. M

    Ewj: elliott wave

    This may be as far as the Market can go. Prepare to open short position again.
  13. M

    Ewj: elliott wave

    Thanks Mup. We reach page 200 with your help, landis's, elovemer's, traderob's and some others. This sideways Market is very difficult.
  14. M

    Ewj: elliott wave

    Short position stop out. Plan to enter short position again if the Market falls from 13500, 1492, 2690 level.
  15. M

    Ewj: elliott wave

    Short "Short position" opened. Set stop at the last high.
  16. M

    Ewj: elliott wave

    Scenario 1. Minute 5)1.3 is equal to Minute 5)1.1. Strategy 1. Close long "Short position" when 13500 and 1490 are broken. Open long position. Scenario 2. Minute 4)c.5 is equal to Minute 4)c.3. British investors sell on good news as BoE cut rate. Strategy 2. Play the short side of the...
  17. M

    Random Walk Theory Proved, once and for all.

    How to make money in a Random Market. As I have said, although the Market movement is random, it is a "Biased Randomness". Traders can profit from these biases. 1. Fundamental Bias. Fundamentally the Market is biased to the upside for more than 5%. If you are invested for more than 2,000...
  18. M

    Ewj: elliott wave

    Will the resistance levels hold again this time.:confused: Or the Market will rise until December 11, 2007 like the old adage, "Buy on rumors, sell on good news".:cool:
  19. M

    Ewj: elliott wave

    Short "Short position" closed at target. They have postponed the current problems to 2012, the year Elliott predicted a Great Depression magnitude correction.:eek: "Bush plan will freeze subprime rates. The agreement will freeze certain subprime mortgages for 5 years, a compromise with...
  20. M

    Ewj: elliott wave

    Short "Short position" re-entered as plan. Set stop at the last high. Set target at 70, 7, 14 points retracement.
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