Thursday, 1 October 2009

3min ES – Advanced Analysis


OK, onto the bit I like, the Advanced Analysis, as this shows just how good MTPredictor is, once you know what to do and have taken the time to learn and study.

Yesterday I outlined a “perfect” 5-wave Elliott pattern that was followed by an ABC before a sharp decline. Well, guess what, the 3min ES did exactly the same yesterday. Please see the chart to the right. This enabled the Advanced Traders among you to catch this sharp fall later in the day.

Thanks

Steve