DislikedWat r u showing is 1 min chart,tats where i m confusing bcos i seeing at higher time frame...............well before i use to trade at 1 min chart but i believe Elliot wave should not be traded less than 60 min time frame....IMOIgnored
Trading based on the 1 min chart could be dangerous. But because big waves are made up of smaller waves and they all follow the same rules, I think it is ok to do so. But it can be vary challenging as you get to see most of the moves.
It is very important though that you have to keep track of the higher timeframes to maximize profits.
Because I want to learn this EW, I need to have more exercise or practical application. GBPJPY with its high volatility provides a lot of opportunities to practice elliott wave counting.
and if you want to practice even more.... one can go down to the 1 minute charts to get that opportunity.
More like speed learning.
EG