Posted by DigiNomad on 29th of Apr 2024 at 12:35 pm
Some of you guys might have forgotten about the preferred wave
count getting completely blown out of the water last year, but I
will probably be thinking about that one for many years.
Lesson learned but it's still a bit raw. The mistake,
again, was underestimating the money printing.
And you would need to post exact examples I don't really know
what you are referring to and sounds like something from
quite a while ago. again I don't see the point - if we did
have some preferred wave count at one time that didn't play out -
so that means our current analysis or favored scenario should be
taken with a grain of salt?
regarding wave counts, there's always multiple counts - and
comments like this is why we don't like to talk about wave counts
that often because someone will remember something and throw it
back at you later- remember when you said you favored this but it
didn't happen? It's like having a nagging wife that recalls
what I said 10 years ago at dinner and is angry again about it
LOL
To me focusing on or even putting mental energy into something
that like is a waste of time and doesn't help you or anyone.
How many times does a trader look at a chart and see a possible
bull flag, or falling wedge, and those patterns end up morphing
into other patterns - does that mean that trader should not be
trusted? No, it's not about having a crystal ball telling you
exactly what is going to happen and being right all the time - no
one knows.
There's patterns and setups and many times those work and other
times they may morph into something else and you adjust or don't
take the trade - it's about identifying possible inflection points
or where you might be able to get an objective trade setup with a
tight stop
when analyzing the market you project, monitor, and adjust -
it's always been that way and always will be
Posted by DigiNomad on 29th of Apr 2024 at 01:11 pm
I don't trust your analysis for my work, Matt. Sorry. I only
trust my own so any "preferred counts" are my own. I often look at
your ideas, but all final analysis and trades I make are 100% my
own and my full responsibility.
We happened to be mostly in agreement around the time I'm
thinking of, but that's not always the case, and that's fine. And
even then, your analysis had started to shift slightly before
mine.
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Some of you guys might
BTC feels like a dive imminent...anyone else agree?
Posted by DigiNomad on 29th of Apr 2024 at 12:35 pm
Some of you guys might have forgotten about the preferred wave count getting completely blown out of the water last year, but I will probably be thinking about that one for many years. Lesson learned but it's still a bit raw. The mistake, again, was underestimating the money printing.
And you would need to
Posted by matt on 29th of Apr 2024 at 01:08 pm
And you would need to post exact examples I don't really know what you are referring to and sounds like something from quite a while ago. again I don't see the point - if we did have some preferred wave count at one time that didn't play out - so that means our current analysis or favored scenario should be taken with a grain of salt?
regarding wave counts, there's always multiple counts - and comments like this is why we don't like to talk about wave counts that often because someone will remember something and throw it back at you later- remember when you said you favored this but it didn't happen? It's like having a nagging wife that recalls what I said 10 years ago at dinner and is angry again about it LOL
To me focusing on or even putting mental energy into something that like is a waste of time and doesn't help you or anyone. How many times does a trader look at a chart and see a possible bull flag, or falling wedge, and those patterns end up morphing into other patterns - does that mean that trader should not be trusted? No, it's not about having a crystal ball telling you exactly what is going to happen and being right all the time - no one knows.
There's patterns and setups and many times those work and other times they may morph into something else and you adjust or don't take the trade - it's about identifying possible inflection points or where you might be able to get an objective trade setup with a tight stop
when analyzing the market you project, monitor, and adjust - it's always been that way and always will be
Hay don't talk about my
Posted by srusso1 on 29th of Apr 2024 at 01:13 pm
Hay don't talk about my wife like that. Ha Ha
Seems like low volume day
Posted by srusso1 on 29th of Apr 2024 at 01:20 pm
Seems like low volume day to?
yeah mine too! i hope
Posted by morton7 on 29th of Apr 2024 at 01:19 pm
yeah mine too! i hope she doesnt read my post, lol.... another 10 yrs..
I don't trust your analysis
Posted by DigiNomad on 29th of Apr 2024 at 01:11 pm
I don't trust your analysis for my work, Matt. Sorry. I only trust my own so any "preferred counts" are my own. I often look at your ideas, but all final analysis and trades I make are 100% my own and my full responsibility.
We happened to be mostly in agreement around the time I'm thinking of, but that's not always the case, and that's fine. And even then, your analysis had started to shift slightly before mine.