"I find target setting a mute point "
However, you looking @ 48c or fib 261 and then 63.2c or 3.61 as targets.
Just illustrating that anyone can set a target ........not just you !!
" EW is very much based on fib ratios, but you and your friend TEO say EW is outdated "
TEO doesnt understand EW, he has made that clear and it doesnt effect his truth metre one bit, it was me who stated that EW was
" outdated ", I chose to use the words " not relevant as much " with all the bot / algo trading and insto influences that have taken over stock trading in the last decades or so.
" You looking for the 6 & 9ema to cross 20 sma "..............no I am not, that would be a lazy trade for me, TEO maybe looking for that as he is more of a BUY / HOLD like you, but not me.....
Did I claim your system was incorrect ?
Nope, just correcting you on your wave counts from time to time and commenting on the laggard paste boards which is my right as this is an open forum .
IMO
New TA/Charting, page-4440
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