This is the former Raging Bull "Short Term Trading Using TA (Technical Analysis) Member Forum " moved to IHUB.
*Board Mission Statement*
To provide an environment within which traders can exchange information and research using Technical Analysis for short term trading, and to keep this environment friendly and courteous at all times, so that all are treated equally whatever their level of knowledge.
1) No member will ever insult, taunt or berate any other member. Nor will any member use sarcastic language when referring to another member or his posts.
Failure to follow rules and maintain the spirit of the board could/will result in an immediate 30-day suspension of posting rights (aside from this one, warnings may not be issued).
Furthermore, the suspended member needs to contact the moderator/s if he/she wants to have his/her posting right restored.
This board is monitored by an Ihub administrator as well who will enforce IHUBs rules of service, be aware of them.
The two primary T/A Methods used by the Board Members are Elliot Waves and Hurst Cycles. Here are brief introductions to both methods, as well as relevant books/courses:
Elliot Waves Resources:
Introduction to Elliot Waves: http://www.elliott-wave-theory.com/elliott1.html#general
Another brief intro to Ewaves: http://www.acrotec.com/ewt.htm
"Elliot Wave Principle" by Frost & Prechter: http://www.elliottwave.com/books/ewp/default.aspx?code=oco
Nominal Elliot Wave Model: 5 Waves in primary direction ("impulsive"/"motive" waves 1, 2, 3, 4, 5), and 3 Waves in opposite direction ("corrective" waves a, b, c)
(Hurst) Cycles Resources:
"The Profit Magic of Stock Transaction Timing" by J.M. Hurst: http://www.traderspress.com/detail.php?PKey=486 "The Profit Magic of Stock Transaction Timing" by J.M. Hurst"-- I paid 19.99 on Amazon.com ... http://www.amazon.com/Profit-Magic-Stock-Transaction-Timing/dp/0934380627
."J.M. Hurst Cycles Trading and Training Course" by J.M. Hurst: http://www.traderspress.com/detail.php?PKey=99
Nominal Hurst Cyclical Model (in trading days): 3-3.5 day, 6-7 day, 12-14 day, 5 week, 10 week, 20 week, 40 week (9 month), 80 week (18 month), 4-4.5 year Cycle.
This message board has a mission statement that Mr. Bob Chonski, "Airedale88", was a perfect example of. He
willingly shared his analysis and expertise on Hurst Cycles with all comers. Airedale unexpectedly passed away Saturday,
March 22, 2008 and we dedicate this board to his memory. He will be missed.