SuperEgo

[super_ego]

3

 

[super_ego]

4

 

[super_ego]

5

 

[3dog]

SE, do you look at those screens on one monitor or several?

 

[super_ego]

Todays selloff bounced off of the Daily 20MA and retraced back to the Daily 5MA, EXACTLY. This won't happen exactly all the time, but you can see how it will build your confidence up.

Averages work, and I am attempting to show you this in real-time. Elliot Wave, if you can ever understand it, is, well,..........Elliot- Wave.

SE

 

[super_ego]

Originally posted by 3dog
SE, do you look at those screens on one monitor or several?

5 monitors.

 

[super_ego]

Here is the daily chart that shows today's low (intraday) and its relation to the daily 5MA.

SE

 

[nick88888]

Could you please elaborate on the transparency issue.
I think of transparency as .....the ability to view the depth of the market at different price levels.
What am I missing here ?

 

[nugya]

super-ego,

which charting software do you use?

thanks

 

[super_ego]

By Transparency I am refering to the ability to see all markets and market components and how they behave.

You watch:

The Bond Market
The USdollar/Yen relationship (optional)
Both Futures Markets (sp/nd)
Oil Index
Biotechs
Semi's
Dow

....to see if everything is normal. For example, a major news event hits the markets and the bond market starts selling off. You have to be able to spot that and see how that is going to affect trading in other markets.

SE