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Sometimes it is crystal clear, other times it is blurred. Status. Short "Long position" entered and reversed as said and reversed again at the double bottom after -70, -7, -14 points retracement. Now hold "Long positions". Strategy. Reverse short term position if there is a lower. Hold if...

+200, +20, 40 target reached. Prepare to reverse position when there is a lower low.

Next dip or next bounce is a good buying opportunity.

Status: The rest of short "Long position" closed after open when there was a lower low, opened again after -50,-5,-10 when there was a higher high, reversed at wave five at +100, +10, +20, reversed again at -100, -10, -20, then closed at +200, +20,+ 40 when there was a lower low. Hold long...

Sorry for the late respond. It takes time to do more calculation. This chart shows some random 10% jump up and down. BTW, my point today is today price action cannot be predict by the supercomputer that has all the previous price actions as input. But the Market is bias, you can predict what...

Oh! Great. I believe you, Mark Brown. :D But if you would like other ETers to believe you too, you should show some proof. No, you don't have to reveal your trade secrets. Just tell us what the Market will do in 7 consecutive time frame; Monay UP/Down; by x % (February, 2008, every 1 hour...

This chart shows buy and sell signals generated by two sets of parallel trendlines. Sometimes they work, sometime they don't. Wait and see whether the next sell signal will work or not.

"Trendline break out" works sometimes.:) Sometimes it doesn't.:( But this time it works.:D Stay tuned.:cool:

It's a perfect Bear Trap foretold. :D Status. Short "Long postion" reversed after open when there was a lower low. Short "Short position" closed and short "Long position" opened twice as said. Half of short "Long position" was closed at close because of the +200 target. Strategy. Reverse...

Buy now or at another dip. Wave count OK.:) Measured move OK. :) Triple tops pattern OK. :) Sell if wave 5)1.3:2 low is broken.:mad:

Status. Short "Long position" opened at -100 as said, reversed when there was a lower low at another -100, reverese again when there was another lower low. Short "Short position" closed at the descending diagonal triangle. Strategy. Bottom fishing yesterday. Today hold long position until...

Both trendlines of the triangle were broken.:eek: Both Bull and Bear Traps!:mad: What's next? :confused:

It is time to buy now. Wave c may end at wave four of a lesser degree (-150, -15, -30) or at the measured move (-200, -20, -40).

Sometimes Trendlines do not work because some Miracles are engineered. :( This Trendline sell signal is called a Bear Trap. :mad: When the Market is indecisive :cool: or playing tricks with you :p , your Trendlines may be confusing :confused: . The "Make or Break" day is poseponed for one...

If the Market tanks below measured move, wave .iv and the old and then new supporting trendling and the triangle lower trendline, it may signal wave 4)c.5.:eek: Strategy. Reversed short "Long position" when this happens. Consider reverse long "Long position" too.

The Market may dip as wave ii.ã then rise as wave iii. Strategy. Buy at -100, -10, -20 from Wednesday high when there is a higher high.

Status. Short "Long position" entered at the fifth of fifth wave near measured move and -250, -25, -50 points down move when there was a higher high. This may be a trendline Bear Trap, a trendline sell signal at measured move and fifth subwave of fifth wave. Miracle does occur sometimes. :)...

Wednesday will be a make :( or break day. :) Supporting Trendline without Fundamental Support may not work. :cool: The Bulls may throw in the towel now! :eek: Or will there be some miracle? :D

break day.:( Supporting Trendline without Fundamental Support may not work. :cool: The Bulls may throw in the towel now! :eek: Or will there be some miracle? :D

Wednesday will be a make or