I know this is no secret to any of us, but scanning all the pairs, I notice the moves that work start from a sleeping gator.
In other words, trading H4, you may not find a sleeping alligator but if you can locate the SA on a lower TF, you may very well have yourself a grand opportunity. A nice way to get into the game as a lot of the game when the alligator is already open.
In summary:
H4 = open alligator
H1 or lower = locate the sleeping alligator and trade in the direction of the higher TF open mouth
Just a thought...
After Reading this material you should be able to do the following:
Objective 1. Understand Elliott WaveObjective 2. Count Elliott Wave within 10 SecObjective 3. Learn how to use AO
Objective 1
What is Elliott Wave?
We believe the market has a structure. That structure is Elliott Wave. We also believe that the structure also has a structure and that structure is shown to us on our charts by using our indicator AIMS Levels. EW consists of impulse waves and corrective waves. We are interested in trading the impulse waves and avoid the corrective waves.
Which wave is most profitable and easy to trade?
Wave 3 is where we make money. Our strategy puts us right into the impulse waves, where the money is made.
Hypothetically, this is how Elliott Wave looks like.
Within each Impulse wave there are 5 waves. of which wave 1,3,5, are again impulse waves whereas wave 2 and 4 are corrective waves.
An impulse wave consists of sequence of 5 waves starting from 1 up 2 down 3 up and 4 down an…
Objective 1. Understand Elliott WaveObjective 2. Count Elliott Wave within 10 SecObjective 3. Learn how to use AO
Objective 1
What is Elliott Wave?
We believe the market has a structure. That structure is Elliott Wave. We also believe that the structure also has a structure and that structure is shown to us on our charts by using our indicator AIMS Levels. EW consists of impulse waves and corrective waves. We are interested in trading the impulse waves and avoid the corrective waves.
Which wave is most profitable and easy to trade?
Wave 3 is where we make money. Our strategy puts us right into the impulse waves, where the money is made.
Hypothetically, this is how Elliott Wave looks like.
Within each Impulse wave there are 5 waves. of which wave 1,3,5, are again impulse waves whereas wave 2 and 4 are corrective waves.
An impulse wave consists of sequence of 5 waves starting from 1 up 2 down 3 up and 4 down an…