Red

User banner image
User avatar
  • Red

User Comments

... Red Dragon Leo

We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.

... Red Dragon Leo

My weekend post is up now… you might want to keep it?

... steveo77

This is just plain weird. A coincident timing of longest eclipse in 1000 years, and the S&P is bouncing off, and being repelled by, the 38 Fib Fan line drawn from the 1932 lows to the 2007 highs.
I was pimping out this Fib Fan way back to July 7th, 2009

http://oahutrading.blogspot.com/2010/01/just-wh

http://oahutrading.blogspot.com/2009/07/fib-fan

http://oahutrading.blogspot.com/2009/09/dia-and

Now it looks like it is really in play.
http://oahutrading.blogspot.com/2010/01/spooky-

... Red Dragon Leo

Elliottwave seems to work best after the move has happened… However, sometimes you can use it to forecast the next move, but I try to use a mixture of everything.

... steveo77

You could be right….I expect EWI to get gamed again….they just went full tilt short AGAIN….

I like the m-M-m pattern on the MACD.

... Red Dragon Leo

We have a big turn date come up soon Steveo… You might want to save this weekend post I just put up? Your 38% Fib. level from 1929 is pretty interesting.

... Red Dragon Leo

My weekend post is up now… you might want to keep it?

... steveo77

This is just plain weird. A coincident timing of longest eclipse in 1000 years, and the S&P is bouncing off, and being repelled by, the 38 Fib Fan line drawn from the 1932 lows to the 2007 highs.
I was pimping out this Fib Fan way back to July 7th, 2009

http://oahutrading.blogspot.com/2010/01/just-wh

http://oahutrading.blogspot.com/2009/07/fib-fan

http://oahutrading.blogspot.com/2009/09/dia-and

Now it looks like it is really in play.
http://oahutrading.blogspot.com/2010/01/spooky-

... fulcrum

No one can be always right!we all could just guess.sometimes we are right, sometimes we are not.
you have good relationship with your readers.when you know, you say it, when you missed, you said that to.
and there is no double meanning, there is no when you missed there is no post for 7 days, too many alternatives, and other things.

EWT, TA , news or something else doenst matter if it works.personally, I use, TA, EWT, fibo harmonic levels ..but I can not tell that this method is better then other.
you are doing great job!

cheers!

... Red Dragon Leo

Thanks Fulcrum…

I'll try not to disappoint you, although no one is always correct at reading the markets. But, I mix a little bit of everything in my forecasting. Sometimes one method works well, and then other times a different method works.

Elliottwave seems to work well when the market is trending, and Technical Analysis works better when the market is trading sideways. The news simply allows the market to form a elliottwave pattern, and the TA will provide the support and resistance levels, which also tend to be the Fibonacci levels too.

It's tough, but sometimes I have streaks where I'm very accurate, and other times I'm way off. No one's perfect I guess? But I'll keep at it.

Red