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    Susan Wojcicki, YouTube CEO, died at 56

    Elite Trader WebMD hybrid.
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    Positive Divergence, daily on the $WTIC

    For that to be a solid bullish divergence, I'd be inclined to the think RSI needed to put in a low around AUG 5th that is lower than where it is now. RSI has basically just followed the price action since early AUG. More recent peaks and troughs are what matter.
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    Are Elliot waves too subjective to be objective?

    You having a giggle?
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    Are Elliot waves too subjective to be objective?

    Fibonacchi retracements combined with Elliot Waves. That should get you all going......5.4.3.2.1...
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    Are Elliot waves too subjective to be objective?

    Tell that to the Crude oil and gold traders right now. You don't think a global lack of confidence in Governments has any factor in the USD and markers in general?
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    Are Elliot waves too subjective to be objective?

    Interesting post that. Do you have the link to it?
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    Are Elliot waves too subjective to be objective?

    Quote : "Like anything they "work" some of the time" Ah yeah. I see what you mean now. Wise words.
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    Are Elliot waves too subjective to be objective?

    Cool. So the concensus is that Elliot Waves are basically useless b☆llocks then?
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    Are Elliot waves too subjective to be objective?

    Maybe someone could prove me wrong. "The whole problem with the world is that fools and fanatics are always so certain of themselves, and wiser people so full of doubts"
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    Are Elliot waves too subjective to be objective?

    You could be right about your negative view of him. Although 7 and a half years gathering skills in price prediction and modelling at JPM does carry some clout IMHO. The thread was not intended to promote anything, quite the opposite in fact, if anything. I tend to give up looking at EW after...
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    Are Elliot waves too subjective to be objective?

    Well there's this ; "After graduating with an honours degree from the University of Exeter in physics with geophysics, he spent two years working in oil exploration in the jungles of Papa New Guinea, living and working with local tribes and beginning to formulate personal theories on collective...
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    Are Elliot waves too subjective to be objective?

    Here's the title again in big bold letters. LOL Are Elliot waves too subjective to be objective?
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    Are Elliot waves too subjective to be objective?

    An authority on a theory that I'm very sceptical on, you mean? Was Elliot FOS aswell?
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    Are Elliot waves too subjective to be objective?

    Where did I say he was "My guy". Did you read the title of the thread?
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    Are Elliot waves too subjective to be objective?

    https://www.davidmurrin.co.uk/article/wave-pattern-analysis-in-markets
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    Are Elliot waves too subjective to be objective?

    Yeah, from a psychology point of view, at a market bottom you have too much fear in the market for wave 1 to last long, so some bearishness remains, which is wrung out in another short wave 2. I think most logically thinking people without bias would agree with that side of thinking is useful.
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    Are Elliot waves too subjective to be objective?

    Well, the guy I was referring to is an advisor to professional traders.
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    Are Elliot waves too subjective to be objective?

    I know of a well known investment strategist guy with a background in Physics, who regularly appears on CNBC, who swears by Elliot waves. He flat out says it's multiplied his trading returns. I guess I partly believe in using them from a market psychology point of view, and I definitely believe...
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    Trading system based on short-term and medium-term fluctuations.

    Those lines look to be drawn simply from bottoms to peaks. You'd have to wait a month or so to be able to draw them, to know that the trend has finished. Whereas a trendline, drawn under the the whole trend, with a minimum of 3 contact points, gives at least some sort of forward guidance of...
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    Why Are Central Banks Increasing Their Gold Reserves?

    China and Russia are also moving away from the USD. Is this the beginning of the end of the USD as we know it?
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