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Re: capt_jmj post# 18096

Monday, 08/24/2009 4:06:01 PM

Monday, August 24, 2009 4:06:01 PM

Post# of 31925
Capt- Charts reflect human emotion, Greed & Fear in the market place, EW is another way to read human behavior in its predictable form. Fundamentals create long term trends for the indices & markets will gradually work their way through that trend, however in such a way to confuse the majority. On the way markets will make many countertrend moves along its fundamental path. EW helps a trader to choose high risk/reward trades based on the most probable path. EW helps choose the pathway the market takes along its fundamental trend

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