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Re: Charts1 post# 19953

Wednesday, 03/26/2014 12:17:04 AM

Wednesday, March 26, 2014 12:17:04 AM

Post# of 42897
Elliot waves charting

Charts1, thanks for the advice...

I read the basic rules of Elliot waves.

When I try to draw waves on charts for triple zeros and other sub-pennies, I get locked. Those charts are so different visually from other stocks, especially when the price doesn't move for months.

Truthfully, I can't say I'm sold on the viability of Elliot Waves. However, if so many traders follow it, then I want to see how other traders think and, thus, how they will influence my trade.

But I also need to know that I'm in the ballpark. Having a charting site can provide guidance.

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