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#31 kinga200

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Posted 09 December 2015 - 02:28 PM

 

Not trying to throw knives here but since there was a poll about the usefulness of E-wave in making money this is why I dont understand how this can make money..."it validates the current sub-wave"

 

Dont get me wrong what I use is only about 69% success rate BUT it doesnt make me change view or being subjective. 

 

One thing I am going to do though is to study it more and maybe I will understand why some risk money with this theory.  I did once see Bob Pretcher talk about it and he is a very very smart man.  But he seems to change or fit his current count to what the market has already done.

 

Just saying...

 

did i post a trade for SPX?

 

 

Posted 03 December 2015 - 04:13 PM

not an E-waver fan

http://www.traders-t...e-2#entry736521

 

my signature:

When facts change, I change my mind - John Maynard Keynes

 

 

No, your right.  I should have posted this under that Ewave thread.  Just when I was reading the thread and saw your comment:  "it validates the current sub-wave".

 

I am not against Ewave, etc.I am always interested in new strategies.  Just I have a hard time with Ewave and understanding it in using to make money.

 

I love your work though, thanks!!



#32 barbu

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Posted 09 December 2015 - 04:40 PM



08 Dec 2015 - 1:21 PM

- Wait for trend-lines breakout to zoom in the possible Fibonacci points.

 

The critical point is 2041.08 [0.236 (2134.72-1737.92)]

chart http://www.chartuplo...98452487962.jpg

 

session low 2036.53, SPX stalled around 2041 +/- for about 70 minutes, closed below the supportive trend-line. let me stop "narrating" the Fibonacci Hide-&-Seek game,  imho, the early entry for Short via ETFs is below 2026-2019.

 01645242911451017499.jpg


Edited by barbu, 09 December 2015 - 04:49 PM.