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Elliott Wave Trading

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If wave counts of different time-frames (preferably whole track) are accounted for, the present wave count is self-evident and there's no need for an alternative.

What I mean is:
Instead of wasting time making up alternative wave counts that contradict and confuse one's train of thoughts, start counting waves from the longest possible time-frame charts, and arrive at the present one which will become self-evident.
Elliott Wave for optimum entry, exit and risk management of trades
ALL USD/JPY data available. Thought you Elliottitions might appreciate the entire picture. If you don't already have it.

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When you feel like you HAVE to trade is when you least should!
Trying to understand the rule chapter so if anything important cant be missed as this chapter is so hard to understand without drawings explaining the monowaves concept in Glenn Nelly book Mastering Elliot Wave Theory

Any idea how I draw or come to a conclusion of the pattern he talks about in the first paragraph of the rules chapter

Thats just small part of rule no1 and there are 7 rules - guess why this book considered complicated

Have a look
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I Have Learned to Take Some Losses to Make Profits
Quoting TheScorpS
Trying to understand the rule chapter so if anything important cant be missed as this chapter is so hard to understand without drawings explaining the monowaves concept in Glenn Nelly book Mastering Elliot Wave Theory Any idea how I draw or come to a conclusion of the pattern he talks about in the first paragraph of the rules chapter Thats just small part of rule no1 and there are 7 rules - guess why this book considered complicated Have a look {image}
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Author's warning about reading this section of the book. MEW 3-33

My understanding is to read the later chapters before coming back to Chapters 1-3
Elliott Wave for optimum entry, exit and risk management of trades
Quoting skyhok
{quote} {image} Author's warning about reading this section of the book. MEW 3-33 My understanding is to read the later chapters before coming back to Chapters 1-3
Thx - will skim through this chapter and later comes back to it - as the previous chapter is ok but the explanation of the rules a bit complicated
I Have Learned to Take Some Losses to Make Profits
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