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tradingwizzard
Market Wizard-
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Everything posted by tradingwizzard
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The Price / Volume Relationship
tradingwizzard replied to Spydertrader's topic in Technical Analysis
ok but what do they represent? the whole market or just an average offering an educated guess? TW- 4385 replies
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The Price / Volume Relationship
tradingwizzard replied to Spydertrader's topic in Technical Analysis
just bluntly saying that I don't believe in volumes showed by any broker, futures, etc.... anyone? TW- 4385 replies
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NFP Number and Dow Jones Reaction
tradingwizzard replied to tradingwizzard's topic in Market News & Analysis
I am quite curious to see next week's NFP and equities reaction...it seems that whatever the fundamental news, equities are being bought anyways....so coming to the Dow 100,00 thread TW -
gee I really like this one TW
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Live Trading the Currency Markets
tradingwizzard replied to tradingwizzard's topic in Market News & Analysis
I'm bullish all right but not on the US dollar......make no mistake please TW -
good advice on the previous post and also try to understand that the equity is the most important one....this is misleading all the time TW
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hmm...is daily and weekly time frame short and intermediate term? TW
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hi there, the chart you show there is quite bullish in terms of Elliott waves structure as it seems the prior swing is an irregular flat and the move higher now is already being part of an impulsive move....like you said, testing the trend line is not mandatory, but if it does it only comes to confirm the pattern TW
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Dow Jones = 100,000 Target
tradingwizzard replied to tradingwizzard's topic in Market News & Analysis
well, buying the dips proved correct with this last dip too....FOMC minutes today might show us more clues on the fundamental part of the story TW -
Introduce Yourself Here - Don't Be Shy!!
tradingwizzard replied to trading4life's topic in Beginners Forum
Hi Jeff and welcome, I am sure you will find here a lot of useful stuff. TW- 2024 replies
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I would rather say we're in for a correction now towards 1.3650/20 area before a pop higher TW
- 318 replies
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why would you put your stop at 73? TW
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I'm speechless.... TW
- 318 replies
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....I still the answer applies for that case too TW
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probably not as we do not have anymore information about it....successful trading must be blamed TW
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NFP Number and Dow Jones Reaction
tradingwizzard replied to tradingwizzard's topic in Market News & Analysis
tend to agree with you here.....equities seem to be supported by good GDP numbers in Europe.....supposedly TW -
I Am Not Rich ! Do I Have a Place in Trading?
tradingwizzard replied to com37's topic in Beginners Forum
if you won't try you'll never know, will you? TW -
To Taper or Not To Taper?
tradingwizzard replied to tradingwizzard's topic in Market News & Analysis
with dismal Retails Sales the other day and based on how market is positioning the usd is not looking too well....with or without the taper TW -
I hear you man, same here with Ninja... TW
- 11 replies
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Elliott Wave Principle ( Part IX ) Phi
tradingwizzard replied to mohsinqureshii's topic in Introduction to Technical Analysis
excellent article TW-
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that is definitely bringing some volatility, regardless if central bankers don't want that TW
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Why Are Fibonacci Ratios of 88.6%, 78.6%, 127.2% Useful?
tradingwizzard replied to FFTrader's topic in Technical Analysis
well, I don't know about Gartley or stuff like that, I trade mostly with Elliott....and under Elliott the Fibo ratios are essential, even the ones no one really looking at..... I am talking about 81% (which makes the distinction between a common flat and a weak b wave flat), 123.6% (which establishes the irregular) or even the 138.2%, which means the c wave to come in a flat will not retrace the previous b wave as that one was quite strong...and the list can go on as Elliott is mostly about Fib ratios... TW -
hey....I am quite interested in this topic....thank you and let's see more details. TW
- 11 replies
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