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zdo

Market Wizard
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zdo last won the day on October 22 2018

zdo had the most liked content!

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About zdo

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    TradersLaboratory.com
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    mkt

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  1. I'm gonna pull a crazyCzarina and reply to a long dead post ... One sure thing about trading forums - The great questions never get an answer. Ask even the greatest posters a great question... silence, no nothin’, not even crickets. First a few comments about Elliott Wave Wave Theory is a ‘science’ of socionomics. Socionomics is about how societal ideas ‘ideally’ or typically unfold - wave 1 is the early adapters, wave 3 is broad collective acceptance, wave 5 is continuing valuation narratives but with narrowing collective assessment of actual value... with all kinds of ‘ideal’ sub patterns... Socionomics starts with a simple observation: For lots of issues, how people FEEL influences how they will BEHAVE. (Equally true = How people BEHAVE influences how they will FEEL... but that’s for another topic) Anyways... Elliott Wave theory is an attempt to apply socionomics to trading - and yes analyst75 “theory” is the key word. Imo, it’s a jump too far. First, price is not a good metric for socionomics.... especially across decades when currencies are being viciously 'corrupted'. And practically, socionomics does not transfer over to trading nearly to the degree Ellioticians would like. It simply does not deliver enough of those ‘ideal’ sub patterns because crowds of traders’ behaviors and ‘feelings’ about pricing are not sufficient equivalents of broader collective behaviors / socionomic waves... ESPECIALLY as time frames shorten... (ie waves may appear to ‘fractal’ down ... but they really don’t.) If you’re going to use EW to trade, probably the most important point you can acknowledge is that 5 wave patterns are EXCEPTIONS to normal trading crowd behavior ie the best thing a 5 wave pattern indicates is that corrective patterns will soon resume. I’ve described it differently in other posts* ... but basically, at any given point in time it is possible to reasonably project that ANY freakin wave ‘count’ / pattern will enfold. It is just as reasonable to project that a nice 5 wave completion will go on to a nice 7 or 11 or 17 or whatever wave count as it is to project that the market will now have a ‘trend’ change. At the end of any nice 3 wave corrective pattern, either projecting a huge 5 wave pattern unfolding in the other direction or projecting a long flat congestive pattern or another 3 wave correction pattern... or... all are equally reasonable. Or, a pretty wave 1, 2, and 3 doesn’t not mean a pretty wave 5 will unfold. Ie it’s just as reasonable to count it over and project that the next sequence will be corrective or a 5 wave impulsive move in the opposite direction. etc etc ... to get back to the unanswered question - So what do you propose as an alternate? Long ago I read Hurst. In a short section of his book he mentioned it. It didn’t sink in. Then one day it really hit me. There is no Elliott wave sequence or any other ‘technical’ price pattern that cannot be better explained via ‘summation of cycles’ ... * fun example can be seen by searching for 'trading chaos by bill williams' thread on t2w ... TL is so special we don't even allow links to other trading forums? ... other snarky EW comments at http://www.traderslaboratory.com/forums/topic/7555-do-you-use-the-elliott-wave-to-trade/page/2/?tab=comments#comment-146022
  2. Let me get this straight - if you’re ‘brownish’ from central america or the middle east or wherever, you can walk across the border unrestricted - ie without need of id, passport, visa, or vaccination(s) - and move directly onto the dole anywhere in the US you like BUT if you’re a little bit more than ‘brownish’ ie you’re fkn black like a Haitian you’ll be sent back ‘home’ without recourse... that’s not racist? That not biden’s kkk elbow rubbing days bleeding through? Just sayin’
  3. I used to take every June off from trading - to be with the family, travel, etc etc Dang, it’s freakn autumn... my June’s are getting longer and longer... just sayin’
  4. Wuhan MetroLine 2 https://blog.nomorefakenews.com/2021/06/08/the-virus-speaks-an-exclusive-interview/ ... it was just sayin'
  5. As I have been saying for 16 months now... “lies going into the ‘plandemic’ and lies coming out” https://mises.org/wire/why-there-no-correlation-between-masks-lockdowns-and-covid-suppression very briefly, all gov’t/media narratives about the ‘source’ of the ‘virus’ infectivity and infection rates morbidity testing lockdowns masks social distancing the ‘vaccines’ variants are FALSE. Act accordingly. just sayin’
  6. the media https://blog.nomorefakenews.com/2021/04/16/the-unanimous-news-conforms/
  7. "money" ... just sayin "This is not what economists and central bankers theorized ..."(or is it? ) https://www.zerohedge.com/news/2021-04-21/how-easy-money-destroying-civil-liberties
  8. are you in the Covidian Cult ? ..." this covers the six conditions of mind control from the book Cults in Our Midst, https://consentfactory.org/2021/04/21/the-covidian-cult-part-ii/
  9. covid illustrates 'the extraordinary madness of crowds' and that young people are more skeered of covid than older people is a sign of effective psyops ... just sayin' https://www.naturalnews.com/2021-04-11-5-dumbest-things-americans-doing-more-susceptible-covid19-mutations.html
  10. Health security is the new nom de plume of social management. Medical tyranny is how it actually works out. Hope you all don't go along with it... I'm just sayin' meanwhile ... Anyone who criticizes coronavirus vaccines FIVE times will be banned from Twitter... In Biden’s America, putting coronavirus-positive illegal immigrants on bus trips across America is perfectly fine, but ripping off your mask is “Neanderthal thinking.” ... “ The only real vaccine against ‘Covid-19’ is turning off the TV.” ... https://www.aier.org/article/another-covid-myth-dies-the-death/
  11. As I have been just sayin’ for 16 months now ... “lies going into this crisis, lies coming out ...” https://summit.news/2021/03/11/video-fauci-admits-there-is-no-science-behind-continued-lockdown/ https://summit.news/2021/03/11/stanford-medical-professor-lockdowns-worst-public-health-mistake-in-last-100-years/
  12. Random Hypoc risy “A Gallup poll released in August reported that 81% of black respondents wanted the police presence in their community to remain the same or increase, while only 19% wanted it reduced...” This little misunderstanding and a symbolic incident ( ie George Floyd grhs ... where we’ll never know what was going on btwn those two but looked a lot like a druggy ‘suicide by cop’) has only cost cities and citizens billions in property and income loss from riots peaceful protests by paid organized misfits / frontline useful idiots... and scores of local and national politicians yell defund the police / fund the community organizers with tax payer money Hypoc = until the peaceful protests come to their neighborhood or offices then they scream for help from the police, sht then they yell for the ‘national guard’ The Los Angeles teachers union (known as UTLA) has been fanatical about how unsafe it is to return to in-person instruction due to Covid-19. Hypoc = the Facebook group for members of UTLA: “Friendly reminder: If you are planning any trips for Spring Break, please keep that off of Social Media. It is hard to argue that it is unsafe for in-person instruction, if parents and the public see vacation photos and international travel.” https://mises.org/wire/why-green-new-deal-more-expensive-joe-biden-realizes Hypoc = ‘Joe Biden’ (not the guy, the bunch pulling his strings) does realize how ‘expensive’ and misappropriating of resources the green new deal will be ... and, despite the talking claims, they know full well it won’t do anything substantial to reduce social inequality and environmental injustice ... I’m just sayin’
  13. Let’s inspire some confidence in the good ole USA folks... the elite billionaires and their minions are driving central bank / monetary explosion and debt policies that have never ever succeeded anywhere else except in zimbobway, venuswala, and bra sil, the progressive ‘left’ is driving cultural degradation and cooperating with the elite to gut the middle class and main street, the deep state neocons are driving foreign policies that are designed for new and more forever war (thanks ‘trump’ for putting the brakes on that for a few short years, btw), the president is a pay for play puppet who doesn’t even know what he’s signing half the time, the propaganda machine continues to pump out lies after lies instead of truths after truths about the plandemic (please show me the research where this virus has actually been isolated, please show me the real science behind lockdowns and masks, please show me the testing on the ‘vaccine’ which really isn’t a vaccine - o you are currently in the initial test group ... and you think you're 'following' the science?), the economy, the right, race relations, immigration, the state of 'cities' , etc, etc just sayin' ... break is over... back to the trade station... have a great weekend all
  14. The nasty truth about the mRna ‘vaccines’ / gene ‘therapy’ - if someone’s immune system is fktup, injecting strands of ‘this’ spliced/glued to the coronas of ‘that’ will not trigger the body to build an immunity to that corona or anything else... why do I bring this up? ... these jabs are completely unnecessary - but they are going to use the jab (initially) as the basis for 'health passports'... something all the young people will look back on and say "omg why did we eat that up .. hook line and sinker?" ...just sayin'
  15. Your choice Wear triple masks forever - because they have the “potential to slow the spread of COVID-19” [CDC] OR Rip the masks off - because in a study just released by [CDC] “mask mandates were associated with an average 1.32% decrease in the growth rates of COVID-19 cases and deaths”. 1.32% means masks did more harm than good ( plus ... considering that every fkn death was counted ‘covid’ instead of flu and pneumonia and just plain ole dyin’ old for months and months and months (and still is - higher billables) - even that 1.32% is high bullsht) ... just sayin
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