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actually tom joseph's fview is to focus in trading 3rd waves, and
has
specific indicators developed to identify it
atte Pablo Paolucci
foro.terminusa.com
investment online community
--- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1" <rvalue1@xxxx>
wrote:
>
>
> Thank you all for your comments regarding Elliott waves. After
> attending an (expensive) Options class, one of the senior partners
> teaching the class pointed out that he used Elliott waves - 4th
and
> 5th waves for predicting major moves and that he has been
successful
> at a +70% level.. which is pretty high. I do plan to get the
> Metastock add-in as a first step sometime in January.
> Wallace, thanks for the site reference and for reference to Tom
> Joseph's notes. I will certainly read it. If anyone has any other
> advice or personal experiences, pls go ahead and offer it. The
nice
> thing about trading or this chat group is although we don't agree
on
> everything, we discuss it with a pretty decent sense of decorum -
and
> there are certainly different paths to get to the same goal -
making
> money trading.
> --- In equismetastock@xxxxxxxxxxxxxxx, "mikesimmonsuk"
> <mjsimmons@xxxx> wrote:
> >
> >
> > I am sorry superfragalist but you are very wrong.
> >
> > In the UK, USA and Australia many analysts are using Elliott
Waves
> > very successfully.
> >
> > I have been using Dynamic Trader for several years and have
> produced
> > some astonishing results using the Elliott Wave theory.
> >
> > The Elliott Wave indicator in the Investors Dream software is
also
> > excellent in pre-empting trend changes.
> >
> > I agree that if you follow any system mechanically and blindly
you
> > will fail - however, if you are disciplined and take the time to
> > understand the basics and interpret the signals produced using
the
> > Ellott Wave you can be very successful.
> >
> > In the UK, Elliott Wave theory is used by many major financial
> > institutions as one of the tools in their technical analysis
> armoury.
> >
> > You obviously have some very strong beliefs about the Elliott
Wave
> > approach which you do not accept as being viable.
> >
> > What would be interesting to hear from you is a list of the
> technical
> > indicators that you have found work successfully, and from which
> > produce financial rewards year in and year out.
> >
> > I am certain that all members of this group would also like to
hear
> > from you about this, and would appreciate your help in pointing
> them
> > in the right direction.
> >
> > Regards
> >
> >
> > Mike Simmons
> >
> > PS: The interesting thing is that the most successful systems
are
> > often those which have been written by and for Professional
Traders
> > often based on there many years trading experience, and are
systems
> > they still use today.
> >
> > Those systems written by software technicians without trading
> > experience are often those which fall short over a period of
time.
> >
> >
> > --- In equismetastock@xxxxxxxxxxxxxxx, superfragalist
> <no_reply@xxxx>
> > wrote:
> > >
> > >
> > > Elliot Waves--plug-in--okay. I haven't used the plug-in, but
> here's
> > > my experience with waves of all kinds. They don't work. You're
> > > wasting your time. There has never been a study published yet
> that
> > > shows that Elliot waves produce anythng but mediocre returns.
> > >
> > > For the those who love waves, instead of bad mouthing what I'm
> > > saying, produce a study from one major systems developer whose
> work
> > > is published, that says that E waves or Gann or Murry Math or
> > > whatever gets the job done. Just one real, unbiased study from
> > > someone who actually develops systems for a living.
> > >
> > > You will spend countless amounts of money and time even trying
to
> > pin
> > > down what an Elliot wave system is. When you get poor results,
> > you'll
> > > be told you just don't understand how the system works. Well,
> > that's
> > > your first clue. If you can't understand it in ten minutes or
> less
> > > you shouldn't be using it.
> > >
> > > The big banks have spent multi-millions looking at every
trading
> > > system you can think of including waves, AI, all kinds of
> > statistical
> > > models, etc. You don't see any of them using anything close to
E
> > > Waves. On almost all trading screens you'll find MA's, not E
> waves.
> > >
> > > However, all Equis plug-ins come with a 30 day, no questions
> asked,
> > > money back guarantee. They honor it everytime. So you have
> nothing
> > to
> > > lose except your time.
> > >
> > >
> > >
> > >
> > >
> > >
> > > --- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1"
<rvalue1@xxxx>
> > wrote:
> > > >
> > > >
> > > > There was only one e-mail posted on this subject and I
> appreciate
> > > the
> > > > input. Could anyone else using Aphomega Ellioo waves comment
on
> > its
> > > > usefulness as a metastock plug-in? Really could use the
> feedback
> > > from
> > > > this forum. Appreciate your time to send me your thoughts.
Also
> > > > interested in buying used copy from someone who might have
> tired
> > of
> > > > it or found it not so good. Looking for version 5.0 for
> Metastock
> > > > 8.01. Thanks for your input..
> > > > --- In equismetastock@xxxxxxxxxxxxxxx, "rvalue1"
<rvalue1@xxxx>
> > > wrote:
> > > > >
> > > > >
> > > > > I checked out older archives on Elliott waves plug-in and
> > looked
> > > up
> > > > > Aphomega site as they have the only Metastock certified
> > software
> > > > for
> > > > > Elliott waves for metastock. Can someone who purchased it
> tell
> > me
> > > > if
> > > > > they like what they see and how accurate it might be for
> higher
> > > > > volumes and index trades? I heard that advanced GET was
> pretty
> > > > darned
> > > > > good with its Elliott waves and PTI/ prediction for the
5th
> > wave
> > > vs
> > > > a
> > > > > double top.. I am not too keen to spend $2.5K on advanced
> GET
> > as
> > > > of
> > > > > yet..
> > > > > Also would like to know if it has an exploration to look
for
> > good
> > > > > correlated stocks that have decent volumes that are ready
for
> > the
> > > > 5th
> > > > > wave..
> > > > >
> > > > > Would appreciate some serious feedback..
> > > > >
> > > > > Rvalue1
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