First I don't think it needs to be mentioned but just in case you were thinking of it. Don't give us a history lesson. There is too much info on that subject already.
I have had a hard time learning how to drawn FIBS. I know how to do them and read them it is just where to place them. I'm getting the feeling that that is just a matter of personal prefrence.
I'm also intrested in learning more about ELLIOT WAVES. They seem vary useful, but all I can find on them is 5 up 3 down, just to condence it.
My 2 biggest questions are WHAT INDICATOR TO USE FOR WHAT TIME FRAME. I have heard that stoch is no good for sideways markets, and macd is better on the shorter time frame charts. DO YOU CHANGE YOUR PRAMERITERS FOR DIFFERENT TIME CHARTS. I saw a video on youtube.com they said that with macd (just an example) in the 15 min sharts you should set your numbers to match the hours of the day (ie 12= half day, 24= 1 day, 48=2day) and the day charts should match the days (ie 5=1 week, 15=2 weeks ,30=1 month). They aslo said that you should set up your MA'S like this. 5,10,50,200 I have found to be pretty good.
Well thanks for hanging yourself out there and offering us your advise. Cant wait to see the book.
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