Here was MY analysis in early 2016. Perhaps no one has the answers but to declare some have magic powers over others is plain foolish. I backed up my claim going against all the experts in 2016. I gave precise reasons and NONE of them had to do with EW CHARTS. AT the end of day which expert won on that one particular call? In fact the EW Charts were so wrong it is IMPOSSIBLE to call it any worse. From calling the end the the mega-bull to one of the most powerful upside thrust in time and strength begs the question WHY TRUST CHARTISTS? They can take the past and draw it so many different ways (based on personal bias) as Fibonacci patterns in nature can. That only proves there are certain designs in nature that repeat NOT the ending direction. NO ONE can dispute the past mistakes so obviously take note of so called expert advice in the future.
I will check my posts on this blog for other example of major turns. I think I switched to Tony Caldaro's website for those but will confirm anyway.
Making a blanket assumption that the truth can be found with EW Charts is just not so based on what i see. Short term calls YES. Direction NO.
Someone with a good track record has to PROVE to me their charting system already worked in the past during the big reversals. if not STOP telling others they have all the answers. i will match my non-technical skills against anyone and all i have to do is show my reversal calls. I don't claim to get the bets right for that is an exceedingly harder task. BUT my yearly gains for the last decade are impressive. I love the gamble and thrill of the bet. Today the losses might hurt but not as much since I have a good cushion and the thrill isn't as great. Early on when placing bets every one counted.
Take a look at MY thought process in early 2016. I post these for reference especially when i got the whole move wrong. it helps me see where my bias took control and where i should have placed more emphasis on. the trump presidency is especially hard for me since i seem to SEE events unfold at lightning speed when the real time play (market awareness) is excruciatingly slow. If anyone wants my prior posts predicting today's events i will research that here as well.
Good Luck in your bets and keep it ALWAYS well within your tolerance level. My biggest mistake and most valuable lesson was when I played the Futures market in Gold and OJ. I am lucky to be solvent after that.
I wasnt using elliott waves in 2016. And to answer the other post, it is true that elliott waves can be interpreted in many ways, and as a result some ppl cam be wrong in their reading of the waves - so stck with ppl who got consistent good reading. I actually created this board so i can track my readings to see how good i am - and in few years we will know if i am number 1 or not.
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