2X - Back then I used the standard lagging indicators, econ info, patterns, S/R. I think the thing that set me apart then was the use of S/R, divergence and patterns and a willingness to step out and make forecast based on them.. Look at the post labeled charts. There is no mention of Ewaves there. The same pattern found on the S&P chart is on the DOW chart. If I knew nothing of ewave I would still be very bearish.
That all seems pretty archaic to me now. The huge benefit of Ewaves is you have a clear track to run on and everything else is used as confirmation. There is no other TA that gives you the ability to forecast fairly precise market moves before there is any evidence of the move. I have proved that to anyone who is willing to see it. I have forecast market moves 3 and 4 moves in advance and missed by very little. Of course there are those who are so blinded by their pride and dislike for me they see only what they want to see. If I shoot 4 bull's eyes with one flyer, all they see is the flyer. When someone calls them as precise as I do I should be allowed a flyer on occasion.
The one thing that never interested me was mechanical systems. There are two reasons. One it is BORING. The other reason is if they were able to produce anything above meager gains everyone would be using them. The search for the Holy Grail or perfect mechanical system is a fool's errand. If it was there to be found someone would have found it by now. I think different folks can come up with a system that works well enough and often enough to satisfy them and I think that is fine. It is just not me.
