Friday, August 6, 2010

Amazing Cocoa Fractional

After studying the work of Hank Wernicki over the past couple months, I have become aware of the wonderful world of Elliott fractionals. Patterns that repeat themselves. I have been watching Cocoa for weeks. We got a fractional this week, the result is shown on the chart. Amazing, simply amazing.

3 comments:

pimaCanyon said...

Hi Repo,

I believe you mentioned Miner's book. I have a copy of one of his books: Dynamic Trading.

Is that the book you recommend?

Thanks!

Repo 105 said...

High Probability Trading Strategies is the name of it. Ever since I added time into the equation my trading has improved. Today it looked like a Triangle was forming on ES for a couple hours around lunch. The correction took too long to form so I decided to not go short like a triangle would require. Rally into the close, shorts got killed.

pimaCanyon said...

thanks, Repo. I ordered the book!