Hello,
I'm a humble student of
Elliott Wave formations for around 3 years now
------------------------------------------------------------------------
Being new in here ,,,,,,,,,
I've searched this forum looking for a thread dedicated to the discussion Elliott Waves
and found nothing on the subject , So I just read through some threads and have decided
to make few chart posts in this thread to see what kind of response and feed back that
would result from theses chart posts .
These trade set-ups are not being chosen with any fundamental consideration at all ,
they are all technical set-ups and only the chart patterns themselves are being put
into a perspective of ELLIOTT WAVES and/or FIBONACCI RETRACEMENT LEVELS .....,
=================================================================
- Also considered is the Visual Illustration of
Significant multiple support or multiple resistance areas
to give one a sense of where price may be headed .......
Now, please be aware that some of these
TRADE SET-UPS WILL NOT MAKE IT ,,,,,, So To Speak .....
This is where the understanding of
Risk to
Reward comes in ....
-----------------------------------------------------------------------------------
Special Note:
There are too many currency pairs to trade ,,,,,,,,,,
( all with different personalities )
So I've decided long ago to only concentrate my efforts on just a few
Usd/Eur----- Usd/Gbp ---------- Gbp/Jpy --------- Aud/Usd
Nzd/Usd --------Aud/Usd ----------Usd/Chf ------------Usd/Cad
----------------------------------------------------------------
Ultimately ,
Trading is all
Probability ,,,,,,,,,, Nothing is 100 % reliable
You
Win some times ..............and ..........You
Loose Some times ..........
NO ONE can get it RIGHT on every call !
So in the end ,
It's all about your
Averages over time !
Questions are welcome ............
