Elliottbernstein
Crude Oil High Significance Elliott Wave Analysis
hi Readers,
The Chart deals with weekly time Frame
As we now Know that the wave Y in Grand Super Cycle degree & hence the initiation of X wave after Y has pushed it to new highs, say to the current levels. The important idea is that the W within the current X wave in one lesser degree has been progressing as w,x,y,x & z within which waves W,X & Y are completed. so , after an intermediate downtrend for completing the X wave, the market resumes its upper trend to the areas of 55.12 $
For analysis below this degree, that is on daily time frame click here ,
Thanks for reading
Feel free to contact us in need of any assistance
Happy Trading
Dinesh -senior Technical analyst
LeadBrains FSL - www.mytradingcourses.com Trading education & training firm
Trade Happens Once every 10 Years - 100% Track Record Since 1900Trade Happens Once every 10 Years. 100% Track Record Since 1900.
Provided By Jake & Elliott Bernstein @ 2Chimps.net
Good Trade To Put In Your Journal...
See Chart Description for Specif Rules and Downloadable PDF written by Jake
Green Line = January in a year that ends in 5
Blue Line = December in a year that ends in 5
Rule - Monthly Chart. (See PDF for Details)
If We Get a Monthly Close Above January High Enter Long
Close Trade last day of the year.
Potential Symbols: DIA, SPY, Or Leveraged Versions...
No Losing years going back to 1900!
Only time trade did not work is 2005 and there was NO ENTRY Trigger.
Link to PDF:
dl.dropboxusercontent.com
Seasonal Trade With 81.8% Win Rate Over 44 Year Period.Seasonal Trade With 81.8% Win Rate Over 44 Year Period.
Provided By Jake & Elliott Bernstein www.2Chimps.net
On Wednesday Jake will share a Seasonal Trade with a 84.8% Win Rate.
Jake Bernstein will be a contributor on TradingView when Bactesting/Strategies are released. Jake is one of the Top Trading System Developers in the world with 45+ years experience and he is going to teach how to create Trading Systems and how to Optimize the correct way.
This is an Example of a Seasonal Trades Package that Jake will be releasing on TradingView.com
Symbol: MO
Dates:
Buy on Close 4/13/2015
Sell On Close 4/30/2015
Stop = 12%
Statistics:
P/L Ratio = 5.5
# Years = 44
Wins = 36
Losses = 8
% Wins 81.8
% Avg Profit = 13.37%
% Avg Loss = 11.65
