Wave analysis fan club - page 63

 

The question is...? Where do you put the stop?

 
YuraZ:

:-) well yeah ... considering he was looking at D1 and above




The question is what charts did Elliot work on?
 
Mathemat:

Speculator, I've already told you that waves drawn out of context (in this case a higher order layout) make no sense.

I ask you to stop this nonsensical outpouring.

Read the classics of real wave analysis - Bolton, for example. He is difficult, but wave analysis is not simple at all either.

Well, I'm not even talking about the need for stop-losses. Only Nyroba traded without stop-losses, but he dropped out of this forum a long time ago.


These authors themselves do not understand what they write... And the one circled in red is completely stupid...

 

And this literature is very instructive to read!

 
Speculator:

And this literature is very instructive to read!


"The continuation figure" was taken out early, imho.
 

By the way, Bolton was once regarded as one of the best stock analysts in history (after Gunn). So he knew what he was doing after all. In addition, the magazine he published was oriented on real traders.

Your pictures have nothing to do with the wave principle as they do not show the context of the numbers drawn.

Вопрос...? Куда ставить стоп?

Well, this should probably go into the Annals.

I have warned you.

 
Mathemat:

By the way, Bolton was once regarded as one of the best stock analysts in history (after Gann). So he knew what he was doing after all. In addition, the magazine he published was oriented on real traders.

Your pictures have nothing to do with the wave principle as they do not show the context of the numbers drawn.

Well, this should probably go into the Annals.

I have warned you.


I went to Nyroba's blog,he is trying to identify waves with the ZigZag indicator, but ZigZag is not for waves, although ZigZag is not a bad way to make money without overthinking analysis .Nyroba left the forum because of his ego... If he hasn't mastered his ego, the market will eat him up. I think Nyroba does not work in the market, because he has no chance to analyze it that way, so there is no chance at all! Why ? Why? IRIP become interested in this thread? What do the numbers on the screens look like? What matters is the presumed movement with positive results! If you assume that the screenshot is beautifully painted like this but the result is negative, all this beauty is meaningless!

Waiting for the moment of truth!

 
Speculator:


Waiting for the moment of truth!

Is that on the Europen, or what?
 
tara:
Is it Euroenka or what?


Yes
 

It is interesting to watch the beginning of the EURUSD rally.

New Year is coming up