Re: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th] [1 Attachment]

[Mr Distinque <distinque@xxxxxxxxx>]

[Attachment(s) from Mr Distinque included below]

EWs are right there with Pivot Points (what ever flavor) and Fibos.  I do use them under the one caveat that they are really only potential reference points of congestion.  None of them show a hard stop/turn except in hindsight.  And if they blow through, there is always the next stop on the trolley.  For me, this was one of those epiphany moments that had a double reward.  REALLY improved my trading and I stopped squandering my winnings on "another perspective" of how to use them.

 

When I really like them is when there is a "congestion" of EW, PP S/R and Fibos in the same tight area.  Kind of like going from a paper wall to a cinder-block one.

 

Right now I am looking at EURAUD on a 15min chart I am short on.  There is a 38.2/1.4935 fibo it just broke under and a daily S1 PP at 1.4927.  It is bouncing between those 2 points.  Indicators showing a weaking of the down move pressure.  It is in a congestion point and digesting what had just previously happened.

 

I have attached a pic.  Will have to wait and see what happens.  You can see how it did the same between Fibos 50% and 61.8%

 

D

EGO Sum Qua EGO Sum

Sempre Avanti

 

He Who Sits In A Well To Look At The Sky Can See But Little

--- On Mon, 3/15/10, Kim Blake <kblake@xxxxxxxxxx> wrote:

From: Kim Blake <kblake@xxxxxxxxxx>
Subject: Re: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th]
To: equismetastock@xxxxxxxxxxxxxxx
Date: Monday, March 15, 2010, 6:59 PM

 

Tell us how you really feel about Elliot Waves.......

From: formulaprimer

Sent: Monday, March 15, 2010 8:56 PM

To: equismetastock@ yahoogroups. com

Subject: [EquisMetaStock Group] Re: [Fwd: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th]

 

I want to learn how to second guess myself and redraw waves in hindsight and say it was wave 3 or 4 or 5 or minor wave in between.

--- In equismetastock@ yahoogroups. com, dave <adest@xxx> wrote:
>
> ------------ --------- ------- Original Message ------------ --------- -------
> Subject: [wavetraders] You're Invited: Fr ee Webinar - Tomorrow Night 17th
> Date: Mon, March 15, 2010 6:10 pm
> To: wavetraders@ yahoogroups. com
> ------------ --------- --------- --------- --------- --------- -
>
> Webinar on Elliott Wave for
>
> - ASX Shares & CFDS
> - Forex and
> - Futures
>
> * Wednesday Evening 17th March 9-10pm Sydney Time
>
> * For Investors and Traders Wanting to Learn How to use Elliott Wave
>
> * Questions Answered
>
> * Interactive Q&A Session
>
>
> https://www2. gotomeeting. com/register/ 129641051
>

Attachment(s) from Mr Distinque

1 of 1 Photo(s)

euraud - 15min.gif

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