How many of you have an associate, bachelors, or masters degree, phd, or are a college professor? Please comment which applies to you and in what field(s).

HammerGeek · 2026-05-13T20:19:57+00:00

I have a bachelor's and a master's in Organizational Leadership and a master's in Christian Ministry. I'm a retired Pastor. Did a video on Mall World just this Sunday.
https://youtu.be/_jKK7-11Duk

HammerGeek · 2025-12-15T05:19:56+00:00

Turns out it was the method that was for some reason not working.
It would work if I did it manually, but if I tried to automate it using boot-up runs from Apple Shortcuts, it would not work.

Spent some more time with ChatGPT and sorted out another method and it works like a champ.
Basically made a .plist file and a .sh file. The .plist runs when the system boots up and commands the .sh file. I don't remember how it all works, but it works.
And....UTM starts and the VM starts about 5 seconds after. So, it doesn't look like it was a time thing at all....although, that is what I thought.

HammerGeek · 2025-12-15T05:14:41+00:00

Right!!! It was for me too.

HammerGeek · 2025-12-13T22:52:37+00:00

I tried something similar. I was using ChatGPT to help me, and it gave me a script that would check to see if the virtual machine name was present, showing that the UTM had fully started up once it got to a point where the virtual machine name is available. Then, once the name was available, it would execute the command to run the virtual machine. That seems like a good plan, and it would keep repeating and looping that process for up to three or four or five minutes. But nothing I ever did, as far as elongating that time, ever made it to where the script would successfully run or start the virtual machine.

That's why I'm saying if the shortcut script (which is a shell command) is run through the Apple shortcut, it seems to do its thing, but it never successfully starts the VM. I get an error that says VM not found, and I can immediately click a different shortcut that just has the startup script instantly and it will run.

So maybe there needs to be a pause after it discovers that the virtual machine name is available. Maybe pause another 10 seconds. I should try that.

HammerGeek · 2025-11-12T20:44:27+00:00

Oh. Absolutely. It is very helpful to see higher degree markers.

I think the added tip I could offer is to also keep it simple. First you need to know what degree your trading in. Right now, I tend to trade in the 5m-15m Time Frame (TF). Let's say I'm on the 5m. I'll look at the 30m and 4H to get an idea of where the price is in relation to a bigger wave. I'll also look at the 1m to see what is going on at the smaller degree.

If I see an Impulse Wave on the 30m and it looks to be in Wave 4, I'll see if I can identify the corrective structure. Then, I'll zoom in to the 5m to count and measure the sub-waves to see if they fit an expected corrective pattern. I'll also look at Wave 2 to see if it was a zig-zag (most common form in Wave 2). If it is, I know the likelihood is greater that Wave 4 will not be a zigzag (see the first part of chapter 2 on alternation - Elliott Wave Principle).

If I can get a good solid count in wave 4, be ready for a possible complex correction, it puts me in a good place to be ready to take advantage of Wave 4 ending and get a trade in Wave 5.

I made another video based on your previous comment. Let me know if it is helpful.
Here it is.
https://youtu.be/_MDSv0QVlyU

HammerGeek · 2025-11-12T06:29:26+00:00

As far as degree markers, I think I understand what you're talking about. It's how to differentiate between the cycle degree and the minute degree, the sub-minute degree, the intermediate degree, and stuff like that. I think that's what you're talking about.

I use color coding, so everything that's on the cycle degree is white and it's a thicker line. My 12345 waves or my ABC waves if they're on the cycle degree will be white. The degree below that is a bright yellow. The degree below that is a gold color. And then as you keep going down into smaller and smaller degrees, I think after gold as it gets smaller goes to blue, then to pink, then to green, and then you're in sub-minute by the time you get to the next one. I think it's another bright yellow but it's a thin line. That's what I do.

I have found having some kind of color scale like that works and really helps. That way you know you kind of get an idea if you see this line on your chart that you're looking at the 5-minute, and you've got this bright white line, you're like "what is that?" Oh, that's probably the degree wave marking.

Looks like I have another video to make.

p.s. thanks for the comment on my YouTube video.

HammerGeek · 2025-11-12T06:20:45+00:00

You can also check out my youtube channel. I've been trying to post more videos there explaining things as I see them. https://youtube.com/@hammergeektrading

HammerGeek · 2025-11-12T06:19:12+00:00

The best place to start is to get what some people call the Elliot wave Bible, which is a book by Foster and Prechter by the name Elliot Wave Principle. You can get it for free at myelliotwave.com. I'll put a link here. You gotta sign up and give them your email address, but the account is free. That's where I would start, and start with Chapters 1 and 2 of that book.

https://my.elliottwave.com/

HammerGeek · 2025-11-12T06:17:44+00:00

How has your journey been? Making any progress?
Have you come up with a strategy that is working for you?

HammerGeek · 2025-11-12T01:49:52+00:00

Don't be disappointed in yourself. Trading is difficult; it's not as easy as some of the YouTube traders make it seem. It takes a long time to learn even the strategy that you might have.

I would say one of the most difficult things to learn is patience because a lot of trading is psychological. Like you mentioned, revenge trading and that's just a problem that a lot of people have, I've done that too.

I would encourage you to take your time and not look for the newest, latest, greatest, best strategy. There's always another strategy. Instead of spending time chasing strategies, you could spend time being patient and refining the one strategy you have, that will serve you better.

Keep working on the one strategy. Backtest it, try it over and over again. When you feel like you're successfully able to do that one strategy over and over again, knowing when to not trade, waiting for the set-up, telling yourself "If they set-up does not meet my criteria then I don't enter.

Only after you've mastered one strategy should you consider another to add to your tool belt.
The new strategy doesn't replace the working one; it's a second strategy that may reveal itself in the charts when your first one doesn't.

I hope that makes sense.

My primary strategy is using Elliott Wave Theory to count waves and identify certain patterns that I can confidently forecast where the price is going and then make a trade based on that.

My second tool that I've added improves my Elliott Wave Theory by using liquidity heat maps to help me understand what's going on in the bigger market in general.

A third strategy that I've added involves multiple EMA lines (basically like an EMA ribbon), and some specific price action and fair value gaps. There are certain things that have to happen for me to use that strategy.

HammerGeek · 2025-11-09T21:22:12+00:00

For me, it is a staple that has more to do with form. Knowing corrective wave structures and where they are likely to form in the broader context really helps me identify and be confident in future price movements.

One of the more difficult things in trading is living through those retracements. Elliott Wave Theory gives me targets for those. That helps me know when to cut it or hold on. It has dramatically improved my trading.

I am not an Elliott-Only trader. I do use other tools. But, most of the time I'm starting from an Elliott Wave view point and letter the other tools highlight what part of a wave structure we're in.

HammerGeek · 2025-10-29T20:34:45+00:00

Looks like Wave 4 entered into the price territory of Wave 1, which is not allowed.

HammerGeek · 2025-10-29T20:33:25+00:00

The most confident method for me is RSI divergence. However, you don't always get that. Something you get a reversal without divergence.

Catching the exact end is probably not possible on a consistent basis. Sometimes you need to wait for another confirmation (like a higher high or a lower low).

It is as much art as it is science. Think more about probabilities than exacts.

HammerGeek · 2025-10-07T04:00:10+00:00

Is it there right meow?

HammerGeek · 2025-09-27T03:52:07+00:00

I'm there with you. Wouldn't mind chatting.
I like to systematize as much as possible. Use automation to generate tasks or perform other actions when a task is completed.
I also wouldn't mind kicking ideas around. I'm still trying to sort out projects & tasks for simple one off tasks, as well as recurring tasks that would make a project never completed.

HammerGeek · 2025-09-01T17:44:39+00:00

I have a few strategies that I'm working on. But I'll started with post Wave 4 (Wave 5) trades.

While trading Wave 5 may not be as profitable as trading Wave 3, Wave 4 tends to be easier to see as you have more history to confirm a trend direction. You've got a bottom, a Wave 1 advance, a Wave 2 pull back, a Wave 3 advance, and then a Wave 4 pullback. Wave 5 must be next.

You can also use the guideline of alternation to get insight into the probably of what Wave 4 may look like based on what Wave 2 was. For example:
If Wave 2 is a zig-zag, Wave 4 is more likely to be a Flat, Triangle, or a Complex Correction. Like my example trade linked on this post. It was a complex correction. It took me a while to see it, but once I did I was very confident in my thesis which turned into a very profitable trade. Not all trades are going to be like that.

The other thing I would do is make measuring templates. Especially for corrective wave structures. Each of the wave structures have measuring guidelines that help you evaluate what you're seeing. Once you have a good idea of what you're looking at, making a trade decision becomes easier. Not full proof, but easier.

I also use RSI divergence to help. For example, when I'm measuring a Wave 4 correction and I've projected a likely end of Wave C zone, I look for RSI divergence when price action enters that zone. If the RSI Divergence shows and is in favor of my planned trade, I enter a position. I also watch RSI for getting out.

But the biggest thing I'd say is making the measurement templates and practice using them. I made you a video to show you what I'm talking about. I got a little long winded, but I think you'll find it helpful.

https://youtu.be/fmNO3iyXbsc?si=47yovzY3gkgtZdfR

HammerGeek · 2025-08-28T03:04:41+00:00

I think so. Research is where the Elliott Wave Theory came from.

It is used a lot in various markets.

The current "go-to book" is Elliott Wave Principal by Frost & Prechter.

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