This is the former Raging Bull "Short Term Trading Using TA (Technical Analysis) Member Forum " moved to IHUB.
*Board Mission Statement: the following is the mission statement of this board (adopted from sister [RB] board):
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.
In order to maintain these objectives The Board Founders have established the following rules:
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.
2) All opinions must be accompanied by the rationale behind those opinions.
3) All members will maintain an attitude of humility (no matter how knowledgeable they may be) in keeping with the fact that they too are here to learn.
4) All members who find they are able to help another member will do so.
Failure to follow these 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 founders if he/she wants to have his/her posting right restored (by emailing firstname.lastname@example.org). 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)
For a better understanding of the Elliott Wave Principle I suggest you purchase "Elliott Wave Principle" by Frost and Prechter
(Hurst) Cycles Resources:
Introduction to Cycles Part 1:://www.decisionpoint.com/TAcourse/Cycles1.html
Introduction to Cycles Part 2: http://www.decisionpoint.com/TAcourse/Cycles2.html
"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
BRADLEY LINK: http://amanita.at/FAQ/FragenzumBradley-Siderograph/Bradley-Siderograph/
Any member wishing to communicate with the founders may do so by either posting to the board or Emailing to:email@example.com
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.