We've got to get down to serious EW study!

Remember my trading system? ..... Enter/exit when the head says No, the heart whispers compassionately, Yes -- and the soul demands it!

The good news is that this system belongs to each and every one of us natively. Where we differ as individuals is in our ability/disability to nullify/succumb (to) the destroyer (the sole reason for the millions of trading books on the market) who sits betwixt the head and the heart and corrupts and/or deletes messages from the latter 2 -- our allies.


The message is clear -- we've got to dig deep, revisit the basic EW rules, wave structural and aerodynamic theory and practice; dovetailing conventional TA with EW -- the personality and internal character traits of waves, especially the devilishness of wave 2, humiliating capability of wave B and the aborning thrust hinted by wave 4 ..... etc., etc. And of course, let's not forget about fibonacci wave relationships.

This is what we gotta do.

The time has come to get this underway.

I hereby start the ball rolling with a rule about wave 4, that now needs a clarification .....

saw this recently posted on EWI website -- never seen this rule written like this before, but it sure opened up the question ....

"Wave 4 cannot end in wave 1's territory!"

So the obvious question is, " can it ever enter wave 1's territory?" By this I mean, "can any part of wave 4, be it the beginning, middle portion or the end, ever touch or enter wave 1's territory?"

And by touch, I mean, exact price value, wherein the lowest low of wave 4 = the highest high of wave 1 (uptrend).

For this party to get underway, we need a teacher and at least one student. I believe we have a professor and more than one student.

We can't lose! :) :)