nice to see this thread so activekeep up, and pls post some audnzd & audcad analysis. I feel too biased and don't like to do analysis at this point. Trading w/o a wave count atm
- #8,208
- Edited 10:05pm Mar 30, 2017 11:35am | Edited 10:05pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
USDCAD short on retracement - 1st target @ bottom of ending diagonal c red. {image}
Using EW guidelines not only helps u count waves, but also helps u made money and sometimes recovering losses.
1. https://www.elliottwave.com/Trading/...Lesson-5-Video
2.
{quote} Regarding ED rules, ED not only occur in 5th wave of impulse, but also take place in C wave of Corrections where it's most vital, as both EWI and MEW Neely suggested: 1. Elliott Wave International https://www.elliottwave.com/Trading/...Lesson-5-Video "Ending diagonals can form only in the fifth wave position of an impulse wave or the wave C position of an A-B-C formation." 2. Mastering Elliott Wave by G. Neely p.5-14 & 10-10, he called it Terminal Impulse.
Elliott Wave for optimum entry, exit and risk management of trades
- #8,210
- Mar 30, 2017 7:27pm Mar 30, 2017 7:27pm
- Joined Feb 2014 | Status: Trader | 1,796 Posts
AUDNZD selling on a 4th wave iv of ending diagonal c blue.
Elliott Wave for optimum entry, exit and risk management of trades
