|
PureBytes Links
Trading Reference Links
|
Elliott as a basis for "predicting" where a market will go is useless. Waste
of time.
Elliott, when used within a trading "framework"/plan, may be of use.
As a matter of fact, the more you learn of the theory, the less profitable
you'll likely be.
Trading does NOT have as much with predicting the market as most beginners
are led to believe.
----- Original Message -----
From: "Tony" <Sanctuary@xxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Sunday, May 30, 2004 7:28 AM
Subject: Elliott waves
> Hi list,
>
> I'm reading about Elliott waves. (EW)
> The basics look simple but mastering EW looks very tricky.
> EW only calculate price targets but not the time when to expect them.
> But still EW has waves of diffrent magnitudes.
> And those waves represent time.
> So my question is "Is it possible to somehow estimate the date the price
level
> will be reached? For example by comparing the 'time length' of waves."
>
>
> Regards,
> Tony
>
>
|