Trade the Cycles

Tuesday, October 07, 2008

My Original Trade the Cycles System Uses The Reliable Elliott Wave Patterns

The paragraphs below are one of my comments (there's a comments area found at the bottom of each post, for those who may not know), that I'm posting for all to see. I'll include this in all market updates from now on.

"My original Trade the Cycles system uses the reliable Elliott Wave patterns (see the Trade the Cycles charts at http://www.joefrocks.com/GoldStockCharts.html) and maps them to cycles of various timeframes (an Elliott Wave is either an upcycle or a downcycle), from very short term (hours/days), short term (days/weeks), monthly (4-7 weeks), minor intermediate term (2-3 months), major intermediate term (3-12 months), long term (1 to 2 years), Cyclical Bull/Bear Market (6 months to 7 years, yes, a bull/bear can be relatively brief), Secular Bull/Bear Market (8-20+ years).

Gaps are very important also, since most gaps get filled and they often provide insight into when cycle highs/lows will occur."

.......http://www.JoeFRocks.com/

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