Elliott wave does work

easymon1 said:
Maybe, maybe not.
Until written rules are followed to the letter to at least show one freakin chart by anyone claiming to be able to do this stuff, then it ramains in the realm of artistic intuitive trading and from what some of the local users of that technique seem to insist, it takes up to a decade to cut your teeth in that realm. Sweet Brown said it best as far as I'm concerned.

I sure as heck do not have any experience with ewt but sooner or later a chart gonna pop up around this jernt with the barest of 1 2 3 4 5 A B C lightning bolt laid down as best a neutral noob can manage even if I nave to look a dozen different charts to slide under that lightning bolt, single level, simple simple simple zig zag dealio to make it fit, lol.

If I gotta look at more than 10 charts to find one that fits, then I can't read rules, or the rules are not accurate, or what? The truth of the matter is what I'm after. I'm Switzerland on EWT at this point.

We could use some help here, starting with a fact-check of those EWT "10 rules cheat sheet."

Where the hell's GWB when ya need him, lol.
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THAt's what Vern meant\Wide t noted they goofed Ev so much over the years;
its like bobbing water , cant miss goofing it up...............................\LOL
I NEVER have seen a ''cup with handle'' in real time also= all to subjective for me.
Certainly no disrespect for the leaky cup with handle pattern.[Liquid leaks, but liquid\LOL]
Know what i mean Vern??'':D:D
 
murray t turtle said:
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THAt's what Vern meant\Wide t noted they goofed Ev so much over the years;
its like bobbing water , cant miss goofing it up...............................\LOL
I NEVER have seen a ''cup with handle'' in real time also= all to subjective for me.
Certainly no disrespect for the leaky cup with handle pattern.[Liquid leaks, but liquid\LOL]
Know what i mean Vern??'':D:D
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Hey, now... You wanna go there? lol

MTT, you're too much man, lol
 
Wide Tailz said:
Post a ticker and I will post a chart (for entertainment value - I am not a registered investment advizor)
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Wow, Im in! This is not to 'benchmark' or 'backtest' or start a pissing match. Anybody wants a pissing match? Politics is the place you want to be.

Even the most contrived but real example of a chart that did happen anytime on any timeframe is of interest at this juncture. A text book example.

12345 followed by opposite direction ABC.

If you, Wide Tailz find or have a past chart, any product at all that will slide under this template that's a good place to start imho. If not, I'll try to dig something up, gladly.

No sub levels, no body english, just a 'textbook example' that a 4th grader can see.

ewt simplified.png


I thought that sounded familiar, lol.
https://www.motivewave.com/strategies/strategies.htm
 
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The very basic pattern is easiest to see on very long term charts. It is a normal boom / bust cycle for a lot of things, even penny stox.

Crude oil futures, 20 years:
 

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UPST, a glorious case study of the life cycle of many new things that don't catch on. Fourth wave splashes over the peak of wave 1 slightly, and this is normal in a lot of cases. EW analysis is an art form due to the need to interpret things like this.
 

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easymon1 said:
Hey, now... You wanna go there? lol

MTT, you're too much man, lol
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I look for patterns anywhere;
plenty of redbirds....... some bluebirds, rufus sided T ....by my feeder Occasional =goldfinch chickadee, bunting, hawks, quail.............
Strangely they are more excited + active before lunch + late. More than 5 usually soemtimes just one:caution:
 
You might like this book. Library near you has it.
"A Pattern Language" review notes
https://www.dogpile.com/serp?q=A+Pattern+Language+review+notes
murray t turtle said:
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I look for patterns anywhere;
plenty of redbirds....... some bluebirds, rufus sided T ....by my feeder Occasional =goldfinch chickadee, bunting, hawks, quail.............
Strangely they are more excited + active before lunch + late. More than 5 usually soemtimes just one:caution:
More...
 
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