Hi Everybody.
Here is a great example of Elliott Waves unfolding on the 3min FTSE from just yesterday......
First we got a 5 wave decline (which was wave C of a larger degree), then a low was made right at the Typical Wave 5 WPT. Then we had an “initial rally”, which was followed by an “initial correction” that subdivided into a ABC for a automatic TS3 buy. Then we got a strong rally that subdivided into a minor 5 waves.
All of these patterns were found by the Elliott Wave module in MTPredictor v6.5.
The end result (as the minor Wave 5 high was coming in) was a nice +9R Profit (ignoring slippage and commission)......
This just show you how powerful MTPredictor is and how it can help you in identifying these patterns for you.
Thanks, Steve
Here is a great example of Elliott Waves unfolding on the 3min FTSE from just yesterday......
First we got a 5 wave decline (which was wave C of a larger degree), then a low was made right at the Typical Wave 5 WPT. Then we had an “initial rally”, which was followed by an “initial correction” that subdivided into a ABC for a automatic TS3 buy. Then we got a strong rally that subdivided into a minor 5 waves.
All of these patterns were found by the Elliott Wave module in MTPredictor v6.5.
The end result (as the minor Wave 5 high was coming in) was a nice +9R Profit (ignoring slippage and commission)......
This just show you how powerful MTPredictor is and how it can help you in identifying these patterns for you.
Thanks, Steve
Posts
