Posted by racerick on 12th of Mar 2010 at 01:58 pm
It's just like most other indicators, can't rely on just one. It
can help predict certain movements, IF you can figure out what wave
you're really in. And there are certain rules they have that can
help. But leaves itself open for lots of interpetation. LOL, I'm
simple, just give me a trend line.
EW
Please....
Posted by racerick on 12th of Mar 2010 at 01:58 pm
It's just like most other indicators, can't rely on just one. It can help predict certain movements, IF you can figure out what wave you're really in. And there are certain rules they have that can help. But leaves itself open for lots of interpetation. LOL, I'm simple, just give me a trend line.
I'm with you Rick, with
Posted by ditch on 12th of Mar 2010 at 02:05 pm
I'm with you Rick, with Waves you can have a sell on a 5 minute chart that's at the 5 wave while the 30 min. chart is on wave 2.
Trend lines, support and resistance, volumes and Moving Averages for me.