DislikedWhat a good effort u putting in, el_grande. Keep it up man. I'm backing you up since I do trade using EW.Ignored
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DislikedWhat a good effort u putting in, el_grande. Keep it up man. I'm backing you up since I do trade using EW.Ignored
Disliked"Time factor may not be that important in this set up as Price Reversal would be."
That is the reason why while we base major decisions on longer time frames to avoid whipsaws, the lower timeframes are equally important in Timing Entry and Exit Positions.Ignored
DislikedYeah price factor weighs more than time factor in EW, especially in forex.
For me, s/l is mostly defined by the EW rules (wave 1 can't past wave 2, wave 3 can't be shortest, wave 4 can't go into wave 1 area, etc). And for entry, I use strategy like your statement above. Anyway, in the end everything goes back to price action. EW is a price action theory right.
Just my opinion. Good luck.Ignored
DislikedHi EG,
Thank you for sharing your experties in Eliot.
I am using Metatrader, do you know a good EW indicator?
If not, why don't you make the indicator and sell it?
You can also make a pdf easy explanation on EW.
I have a pdf that explains about EW but as you know , how to implement it is not easy. I believe you have the skill and know how to explain it. Of course it is not a perfect one. My friend use an indicator for Trade Station, it is quite good.
EddyIgnored