The theme and focus of this board is Technical Analysis in all of its many forms. Foremost here is Elliott Wave Principle. In my opinion the very best system for predicting turning points and market direction in every time frame is Elliott Wave. The proof of the pudding is in the tasting. Nothing compares with it.
Geopolitical and Economic News is of vital interest. We will all attempt to stay on topic. Posts that are not on topic are subject to deletion.
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.
Taken from StockCharts Chart School.
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"But forecasters' concerns should be not whether human response is rational or irrational, only that it is observable and systematic." Allen Greenspan
"The bottom line is that certain patterns of price movements have proved through observation over time to be consistently repeated in a systematic fashion." POKERSAM
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