Evening ARC, Looking at the charts today we need a final small 5th wave up and I think we are done for the 3rd wave. We should retrace to 1075-80 area, and then the bigger ??? comes into trade...are we going back up to really retrace the Fib 61.8%. >L
Great looking chart!
ReplyDeleteI am doing a great deal of research
on the automated or quant trading
approach. This is not to replace the
charts but to give more of a buy, sell
or flat approach.
For any given market there are winners and
losers. The winners will be bought the losers
will be sold. I only want to trade the ones
that move. My background is in risk management
and hedging so that naturally attracts me
versus a subjective approach.
L both you and A have taught me many things. Hopefully I will be able to return the favor one day. Im sure that I will be able to add value now and again.
Really do appreciate all that you do!
C, I was in such a hurry, I can not take credit for that chart, I borrowed that one from one of the best Elliot wave guys around,that I have found: his site is
ReplyDeletehttp://danericselliottwaves.blogspot.com/
I just can't get my charts to work, something with my printer. Sorry about that, I get in a hurry sometimes and forget to give credit where it is due. My charts are not as fancy as his..he does a wonderful job, and most of the time we see eye to eye but he is Tops in E-Mini's, too bad he does not have live chat, he is good. I have a feeling he does this for a living....hey always great to have another point of view out here in trader world. I only found him a few months ago, I have a list a mile long, and most post with stockcharts. OK gotts to go have a good day, again, sorry about that....>L