Wednesday, 1 July 2009

15min YM


Hi Everybody,

Yesterday the 15min YM gave a perfect example of how to use a 5-wave Elliott Wave count, which was good timing as this is exactly what I was looking at in the Blog yesterday and is what I will be looking at in my customer training later today.

For those of you who know Elliott Wave, you will already know that one place you can find a 5-wave count is in the “minor pattern” of a Wave C swing. Well, if you look at the chart, this is exactly what allowed us to nail the high on the 15min YM Yesterday. As such, this would have allowed you to anticipated yesterday’s sharp fall............

As I keep on saying, there is so much that you can do, for those of you who take the time and make the effort to learn and study. It is a sad fact that there are still far too many people who are too lazy, but then these people will never be able to nail turns like this.......

Thanks, Steve