35854 replies to this topic

[grantmu]

ok so back in the slow sideways grind with a bias towards down. 

[mx125]

Rand already at R18.30

 

[AJS]

AJS... I am deeply hurt about the fact that you showed no appreciation for my effort to provide you with the lyrics about waves, waves after waves...slowly drifting away....drifting.............slowly.............drifting.......................drifting.........................away....................ZZZZzzzzzz

 

Haha, jammer man! My phone skipped to last reply and not last unread.  Sorry I missed the song, I probably needed a lullaby since I couldn't really sleep.

 

*edit* Then again, ek weet nie of jy juis soos 'n nagtegaal sing nie?  (P.S. Offense can only be taken, not given! )

Edited by AJS, 20 June 2014 - 07:43 AM.

[Plasma]

AJS... I am deeply hurt about the fact that you showed no appreciation for my effort to provide you with the lyrics about waves, waves after waves...slowly drifting away....drifting.............slowly.............drifting.......................drifting.........................away....................ZZZZzzzzzz

[Vertebrae]

next you delve into 'stuff'? whatfore - if you have predetermined system?

 

I posted here originally because this thread was a 100% raving lunatic bear camp in a charging bull market. Just thought comments that might avoid such hysteria returning better than thumping about like a rabid salesman. I hate playing those parts.

[AJS]

Thanks V, appreciated.

[Vertebrae]

Wave I, II, III ...

 

 

Caldaro weekend update...

 

http://caldaro.wordp...end-update-452/

 

from before...

 

 Posted by Vertebrae on 26 May 2014 - 10:35 AM in ShareChat

Vertebrae, on 25 May 2014 - 4:23 PM, said:

Do you know where your going to?....

 

 

 

Calc for top should be corrected to 46490. Thanks

The wave is still going up - and that is my target.

I would like to see gap close, but this will eventually happen anyway.

The trip down from the top is with target 38274 ish.

Don't just follow me like a sheep!

DIY assist: forex-indicators.net/cycle-indicators/elliott-waves

 

 

Posted by Vertebrae on 01 June 2014 - 08:47 PM in ShareChat
 

1. Have confidence in the trend, the chart pattern, and what you expect next.
2. If #1. is not happening for you, wait until it does (study basic Elliott wave theory & practice).
3.  Use Fibonacci in combination with wave theory.
4. Go to  traders-software.com/Free%20Download/  and download: Elliott Wave Principle by Frost & Prechter; Elliott Wave Principle for Forex by Robert Balan. Start reading, read again and again.
5. Keep predicting even when not trading. Learn from each and every prediction mistake.
6. Know the risk & reward and be guided by it.
7. Employ a clear buy and sell strategy that suits you. Do not over-commit.
8. Hold those maturing, with-the-trend trades using increasing trailing stops (staying in-the-money, but only once well-established there) until target zone reached. Big winners need room to breathe.
9. Control those counter-trend trades with tighter stops.
10. Check Caldaro’s index charts via caldaro.wordpress.com for index wave count comparisons.
11. Never blindly believe or copy anyone, not ever – not even semi-blindly.
12. Avoid short-term, hit-and-run trades (Feeding a broker is same as feeding horses).
13. Say out loud: Predictions that lack reliable analysis-supported reasoning are pure guesswork.
14. Ignore all predictions except your own that you have sufficient confidence in.
15. Stop looking for distractions, trading is work – regard it as such.
16. Avoid over-confidence and jumping the gun. Blind faith is not faith – it is lazy needy greedy.
17. Have confidence in the trend, the chart pattern, and what you expect next.
18. If #17. is not happening for you, wait until it does. Refer to 4. & 15.

[Hedge]

Hedge,

 

I looked at the link that you posted and indeed it shows the Dow Futures as -78 on the Dow Jones Rate Live, but couldn't it be that it is the difference between the June Futures being quoted yesterday and today they used the September Futures?

 

Yes thanks BlythZ, that is a possibility. Will check it out tomorrow.

[Hedge]

Hedge,

 

I checked on www.sgxnifty.org and when I click on Dow it redirects to this link www.dowfutures.org

 

Thanks BlythZ, that's much better than the one I was looking at.

[delta66]

finally...Gold making gains(3.6%)...just like xmas

[RusQ]

interlude (defying rules as such)...

 

http://www.twanight....asp?newsID=6097

[RusQ]

in a world of low yield options "equity" is the only logical way forward...agree 100% with above statement

and into a rather robust brick wall somewhere soon?

 

let me list the reasons...

 

errr, uhmmm, nuttink  

[BlythZ]

Hedge,

 

I looked at the link that you posted and indeed it shows the Dow Futures as -78 on the Dow Jones Rate Live, but couldn't it be that it is the difference between the June Futures being quoted yesterday and today they used the September Futures?

[Plasma]

I would appreciate some feedback on this graph please? I am struggling to put together my Wave III's subwaves (Wave III in red). I might be hopelessly off track though, so bare with me please. Thanks guys. *edit* , I know I have the current (red) Wave count wrong, it just doesn't look right.

Here is your feedback.... My face above the water My feet can't touch the ground, Touch the ground, and it feels like I can see the sands on the horizon Everytime you are not around I'm slowly drifting away Wave after wave, wave after wave I'm slowly drifting (drifting away) And it feels like I'm drowning Pulling against the stream Pulling against the stream

[BlythZ]

Hedge,

 

I checked on www.sgxnifty.org and when I click on Dow it redirects to this link www.dowfutures.org

[delta66]

 

 

fact that central banks and their public entities have been increasingly into stock markets during this tapering. Now globally quantified at $29.1 trillion or about 50% of total.

They are desperate for some means of return on investment in their low interest stimulatory regime.

They cause many things to be as they are for this purpose.

 

Due to the desperate nature of the circumstances, the central banks need to operate as a steadfast group (like the world’s greatest ever cartel), for if some choose to jump the gun (or the ship) on the others there can only be contagious crises.

We are required to be complacent with our investments in stocks. And this is still the general situation.

Until something triggers a need for greater caution in one or other camp. Such as some profit taking.

 

 

in a world of low yield options "equity" is the only logical way forward...agree 100% with above statement

[RusQ]

The Elliott wave theory is best for getting a grip on the bigger picture. World indices tend to be not worlds apart in big wave counting. I follow Caldaro for the sync of the big waves. His team is bigger and better than a fruit & nut like me.

 

Sorry but I was just at another session with my analyst.

Now I can advise that at the root of my apparent insanity is "an overwhelming lack of faith in all high powered human behaviour".

And that sits fine with me, so probably truth is in it, provided the high powered part is defined to my liking i.e. present day articles.

 

And it reminds that In the beginning of the QE taper I could not see reason for further bull market.

Only recently did I become aware of the fact that central banks and their public entities have been increasingly into stock markets during this tapering. Now globally quantified at $29.1 trillion or about 50% of total.

They are desperate for some means of return on investment in their low interest stimulatory regime.

They cause many things to be as they are for this purpose.

Hence, we look at FED tapering and are distracted from this elephant in the room.

Due to the desperate nature of the circumstances, the central banks need to operate as a steadfast group (like the world’s greatest ever cartel), for if some choose to jump the gun (or the ship) on the others there can only be contagious crises.

We are required to be complacent with our investments in stocks. And this is still the general situation.

Until something triggers a need for greater caution in one or other camp. Such as some profit taking.

 

You gotta get the book. I posted link before - as I recall in my fuzzy fading misty place.

as an engineer mainly involved with new capacity, the 'bigger picture' has many faces.

 

next you delve into 'stuff'? whatfore - if you have predetermined system?

 

being fresh out of 'funny farm', kindly have a good word for my therapist

[RusQ]

you are correct, wave theory is supposed to be able to make forward predictions, in my view that is not possible with the small amount of data included in a chart.

'It's tough to make predictions, especially about the future' - Yogi Berra

[Vertebrae]

The Elliott wave theory is best for getting a grip on the bigger picture. World indices tend to be not worlds apart in big wave counting. I follow Caldaro for the sync of the big waves. His team is bigger and better than a fruit & nut like me.

 

Sorry but I was just at another session with my analyst.

Now I can advise that at the root of my apparent insanity is "an overwhelming lack of faith in all high powered human behaviour".

And that sits fine with me, so probably truth is in it, provided the high powered part is defined to my liking i.e. present day articles.

 

And it reminds that In the beginning of the QE taper I could not see reason for further bull market.

Only recently did I become aware of the fact that central banks and their public entities have been increasingly into stock markets during this tapering. Now globally quantified at $29.1 trillion or about 50% of total.

They are desperate for some means of return on investment in their low interest stimulatory regime.

They cause many things to be as they are for this purpose.

Hence, we look at FED tapering and are distracted from this elephant in the room.

Due to the desperate nature of the circumstances, the central banks need to operate as a steadfast group (like the world’s greatest ever cartel), for if some choose to jump the gun (or the ship) on the others there can only be contagious crises.

We are required to be complacent with our investments in stocks. And this is still the general situation.

Until something triggers a need for greater caution in one or other camp. Such as some profit taking.

 

You gotta get the book. I posted link before - as I recall in my fuzzy fading misty place.

 

 

[grantmu]

which leaves us where?

 

 

you are correct, wave theory is supposed to be able to make forward predictions, in my view that is not possible with the small amount of data included in a chart.