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RE: GAS/BTC: Handle Still Not Yet Complete

in #gas6 years ago (edited)

To all the people saying the analysis is useless zig zag and is "changing all the time" - to make use of any technical analysis you have to understand how to trade off it.

Elliott Wave is based on probabilities, it's not a crystal ball. That means it can show you good places to enter with great risk to reward ratio. However, the market can also decide not to take the setup, and invalidate. That doesn't mean that the prior analysis was wrong - it just means the market didn't take the setup.

Say there is a 1-2 count in place. You place a trade at the bottom of 2 and set a stop or alert just below the start of 1. If it follows through, look for projected targets of waves 3 and 5 to take profit. If the setup fails and price goes below the start of wave 1, stop out and wait for the next one.

"The trade will come to you." Especially if you get the hard work, i.e. the analysis, for free.

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Nice info and great reply thanks.

Bullshit haejin, same story for bitcoin from last month just stealing rewards.
Everyone think for a min from last month he doing zigzag dingdong bull wick and bear wick,bullshit trainagle bullshit waves.
Ripple going to $15.44
XVG massive profits
EOS first going to 46.80 in december
Then he said going to $3 then now again going high.
In this market situation he don't know how to react because he only know elliot waves & bullish market ends.Now he confused because he is inexperienced.
Even he don't know about support and resistance.
Check his 2 days ago analysis where he mention resistance for support.
Price bounce back from that area & haejin call it resistance. Bullshit.

@lordoftruth one TA today more better than this crap.

https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-13-02-2018-uptrend-likely-persist

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