Originally Posted by
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Quote from Broad Tailz:
[b]For similar reasons, I have a lot against fundamental analysis.
EW fits into my trend following system by filtering the buy signals by wave type. My be$t trades, undoubtedly, have been through a third wave (either the overall market or the stock itself).
Wave is the first higher low and breaks the preceding trend line, and typically follows evident divergence in MACD, RSI, cash flow, Stochastics, ROC, and some additional momentum indior. There would be as the dam breaks A candle the final confirmation.
OP: my remark...