Recent content by jlian

Doomberg, I have to admit that your trade was a good plan after all, although I will buy the dip later ;)

Doomberg, I see three very bad signs. First you go short now, second you are not using the right stops and limits and third you are doing this with IG. I wish you good luck too!

Hey guys, any update on the long awaited android app? :)

Until the German elections, nothing serious will reach the surface. So, try not to create strategies based on future political or economical events. As a rule, do not trade based on events.

Aren't you tired of losing your money? :D

Actually yes to both. Even if you do have access to a valid EW count, you need also a valid trading system to implement it. I use the word "pro" to define someone who has and uses a profitable trading system. EW is not a trading system, so if someone tries to use it without other tools (and...

Kitbag, it is almost impossible for a non pro to do successful trading from a plain EW (elliott wave) count.

Quite logical. And maybe a H&S will be complete

What I and some folks here were talking about about the death of the last bear? And then came the fall... :lol:

Agree. Then you only have to bet on both senarios!

There is nothing to understand about the markets. You only have to choose a reliable trading system and to follow it, the way a soldier execute commands. To pick such you have to successfully test it first, without real funds, and then go deep. Papertrade it first for some time.

Brumby, I have in my mind that particular EW count and it is promising, from a bearish perspective of course. And thanks God it is not Prechter's view, anything that comes from these crooks is a contrarian indicator :p

Hoping to catch such reversals is similar to buy lotto and expecting to win. After huge losses in similar trading choices, I only target to realistic trades

The "three bar rule" includes the breakout bar or it is referred to the three that follow after? thx

Well... they might short to some common fibonacci projections, expecting to catch corrections but I think DJI enters now to an acceleration phase. Better go long or stay out. For the moment. Sent from my GT-N7100 using Tapatalk 2