where is bhp at, page-34

mongo: and there was I thinking you were a Mr Atlas sort.....you had to spoil the illusion:-)

As for trading being lonely..how true is that! I sometimes thinkabout going back to a day job because I miss the interaction but I make more money trading..

Back to BHP .....IMO the important thing to understand about fundamentals is how people react to them. The fundamentals themselves don't make prices move. It's what people think about the fundamentals that affects the price....The share market is simply a giant map of human behaviour...and humans do not always behave in a rational manner. However, they do act in predictable and repetitive ways. That's why TA works.....

Having said that, TA is not a crystal ball..... if it were 100% foolproof it wouldn't work because everyone would be aware of it and negate it's effectiveness. I look at TA as a series of tools which act as warning beacons......those beacons alert us to the possibilities but not the absolutes....

I have been attempting to learn EW and have posted a 60 min chart below..Please feel free to correct mistakes I am sure to have made. In fact I would grteatly appreciate the feedback...

have great Saturday night!!!