Replies to post #30807 on Triple 000 and Sub-penny Chart Plays

[trader53]

AFLB - the 3-to-5 bar decline rule, after an EW 5-Wave decline

The 3-to-5 Bar decline Rule,
works well, when used in conjunction with Elliott Wave Theory.

Use the 3-to-5 bar Rule,
when Buying at the bottom
of the 5th Elliott Wave.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94701631

The 3-to-5 bar decline rule,
is what I read once
in an Oliver Velez book.

After a stock declines 3-to-5 bars,
he teaches his traders to buy 1/8th above the previous high
of the last bar.

But, this is after the stock has risen above the 20 and 40 MA.
The census is that neither the Bears or the Bulls,
ever win 3-to-5 battles in a row.

http://stockcharts.com/h-sc/ui?s=AFLB&p=D&yr=0&mn=2&dy=0&id=p20952734644

[GOSSSAMER]

thanks trader53. I've never really had someone SHOW me what I've read about the Elliot Wave so I've always had questions. My guess is that the author, Oliver, simples this out to his junior traders by calling it '3-5 bar decline rule'. MAN, WNTR did all that today and my money clears tomorrow. :/

[trader53]

WNTR - Calculating Buy Targets

10 - BAGGERS:
How I find them, calculate them, and make the money!

Trader53's Guide -
to All Buying and Selling

Step 1. -
From the Price High Pivot of 0.02 in August,
the Buy Target becomes 0.002

Step 2. -
Enter your BUY orders for prices under 0.002

Step 3. -
Enter your SELL orders
for 50% of the Price High Pivot of 0.02,
or 0.01




WNTR - the 3-to-5 bar decline rule, after an EW 5-Wave decline

The 3-to-5 Bar decline Rule,
works well, when used in conjunction with Elliott Wave Theory.

Use the 3-to-5 bar Rule,
when Buying at the bottom
of the 5th Elliott Wave.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94701631

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94702103

[trader53]

BTFL - WNTR - the 3-to-5 bar decline rule, after an EW 5-Wave decline

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94702103

The 3-to-5 Bar decline Rule,
works well, when used in conjunction with Elliott Wave Theory.

Use the 3-to-5 bar Rule,
when Buying at the bottom
of the 5th Elliott Wave.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=94701631

The 3-to-5 bar decline rule,
is what I read once
in an Oliver Velez book.

After a stock declines 3-to-5 bars,
he teaches his traders to buy 1/8th above the previous high
of the last bar.

But, this is after the stock has risen above the 20 and 40 MA.
The census is that neither the Bears or the Bulls,
ever win 3-to-5 battles in a row.

http://stockcharts.com/h-sc/ui?s=BTFL&p=D&yr=0&mn=1&dy=20&id=p17837449521

http://stockcharts.com/h-sc/ui?s=BTFL&p=D&yr=0&mn=2&dy=10&id=p00374408828