Elliott wave charts & predictions

What don't you guys under stand that 1.618 IS the price level. If you look at the chart it predicted the 16k low over a year prior. that is not after the fact it is BEFORE the fact. :)
Yeah, but you have to stand on one leg facing east to make sure it works.

If this tool is so accurate (to the decimal place!), then why do you keep talking about averaging down, which suggests premature entry at best?
 
Yeah, but you have to stand on one leg facing east to make sure it works.

If this tool is so accurate (to the decimal place!), then why do you keep talking about averaging down, which suggests premature entry at best?

It's the target to start legging in for me. Use whatever level you want to. I see a bunch of "traders" here arguing over semantics about a system where I have just shown you how it can project future price levels over a year in advance, and you all are basically drawing random lines on the chart not sure where price will be next week lol.
 
Here we are going to show the difference between traders who just draw a triangle and then label a false break compared to understanding what an ABC correction is. To remain a valid ABC pattern we should have 3 or 5 legs down to 4.


(Daily chart)
Clipboard0aa.jpg


or

Clipboard0222.jpg
 
Last edited:
What I kike the best is to load all the stuff, then flip back and forth the time frames.
Different divergences jump out.
And I usually use RSI(5) not RSI(14).
I started doing that on Tony Caldero (RIP)
Anybody here heard of him?
 
Do I need to remind you what happened in UFC 1 when strikers had no ground game? The only reason strikers have a chance now is take down defence, and at a minimum, knowledge enough to stave off a submission and get back to their feet if taken down. BUT not if they run into a very skilled grappler like we are seeing with the Dagastanians. Without submission grappling a fighter has no chance in the UFC. John Jones is probably one of the best strikers around, but his ground game is underated. He can roll with the best of them.

https://youtube.com/shorts/h_4eR729c34?si=PX85pn9C3cSG7111
Thing is, good strikers only need to be sufficient at the ground game, in which most striker transfer to naturally and easily. 999/1000 of BJJ that learn stand-up can't deal with real violence.
 
Thing is, good strikers only need to be sufficient at the ground game, in which most striker transfer to naturally and easily. 999/1000 of BJJ that learn stand-up can't deal with real violence.

How many elite strikers have been man handled by Khabib? Striking only works if the guy standing in front of you wants to trade strikes.

Also, the level of boxing in the ufc is nowhere near that of professional boxing...maybe with Vitor Belfort being the exception. Kicks however are in the elite class.
 
How many elite strikers have been man handled by Khabib? Striking only works if the guy standing in front of you wants to trade strikes.

Also, the level of boxing in the ufc is nowhere near that of professional boxing...maybe with Vitor Belfort being the exception. Kicks however are in the elite class.


lol He has no BJJ belt. He trained Sambo.
 
Back
Top