UPDATE: Check your EURUSD daily charts folks! The C leg I anticipated shot right up over a 3-4 week rally, with nice steep candles as is typical of the final leg of this pattern. Elliot waves are the real deal guys!
Last weeks candle was a very strong reversal signal stuck between the .618...
Sorry about the Bolinger bands and the Alligator! I just notice I hadnt turned those off to take the picture. I found the Bill Williams Alligator strategy and Ive been using it to get an idea of relative currency strengths before I enter trades. Im not following all the systems rules at this...
Hey all, been wrapping my brain around charts for the last few hours and this is what I came up with for a EURUSD projection (attached). Let me know what you think!
Let me start by saying there's a very good chance I may be incorrect in my assumption here. I understand fully that the FX...
Looking forward to seeing where this thread is headed. New to the forex market here, but from the research and demos I've done so far your trading style seems very similar to what's been working for me. Keep up the good work!
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