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Today I ordered some books on elliot wave and fibonacii ratios. I also have been reading some about canslim(the IBD method of choosing stocks). Both of these seem interesting and it looks like if they are used together could be an effective way of choosing stocks. I was wondering what some of you guys think of these methods. Im a new trader and am trying to learn as much as I can. I like eliot wave because it predicts a stocks movement before it moves where many other indicators wait untill a move has takin place. Does this method work very often or is it just supported by charts that happen to support it excluding the ones that dont? Do any of you guys use elliot wave or fibonacii ratios with effectiveness?
Posts: 205 | From: ca | Registered: Aug 2005
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