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- magictrader replied Sep 13, 2009
On GBP/USD it looks like some kind of double zig zag correction because it moves to good in a channel.
Elliott Wave Trading
- magictrader replied Sep 13, 2009
Nice count, my advice is that the market is not so perfect and most of the times there is hard to label subwaves but general look is more important.
Elliott Wave Trading
- magictrader replied Sep 10, 2009
Hi, you just must learn that technique
. There are no short cuts, just book expamples and thousands of hours in front of your charts.Elliott Wave Trading
- magictrader replied Sep 10, 2009
That's why I even don't try to insert labels for corrections
.Elliott Wave Trading
- magictrader replied Sep 10, 2009
Irregular because it makes new top. Typical ABC correction doesn't make new tops after impulsive wave, so I think this is some kind of irregular correction
. But this is possible wave 4 and it can makes whatever it wants.Elliott Wave Trading
- magictrader replied Sep 5, 2009
In short term looks like main impulsive wave is now creating:
Elliott Wave Trading
- magictrader replied Aug 22, 2009
Hi, now we can have something like this, but similar structure looks better on EU.
Elliott Wave Trading
- magictrader replied Aug 7, 2009
Hi, theory in books is ok, but practice is better
. Maybe it's not a book, but it is also good: url Elliott Wave Trading
- magictrader replied Aug 3, 2009
This is how Elliott Wave Theory looks in practice
. When it goes like in a book you're collecting many pips (on USDCHF there was really many pips to take using EWT - when you trust it), and when it doesn't go like in a book you've got only one ...Elliott Wave Trading
- magictrader replied Jul 31, 2009
As you can see now, wave B
. Everything just like in a book since 3 days.Elliott Wave Trading
.