Thanks Dr.GM... our trade entries should be based on technical analysis while news release is simply the catalyst that gives us the move that we already expected from our technical view...so don't worry about the train
we are on the train early already now as you see
Abd Al Mageed...enshallah I will write in arabic very soon when i
fix the bug
Using Elliot waves efficiently and accurately can always help you in recognising the direction of the market so you can plan your trades, but unfortunetly it can not ALONE tells you the exact entries & exits points for such trades, which is the most important of course....therefore, inorder to pin-point your entries and exits you would need to compliment EW with other tools, for example: some people plot fibonacci on the previous wave to calculate and project the next wave, other people use Pivots, others use trend lines, and others use GANN numbers, some people wait divergence to occur...For me i use Fibs with trends, its more convenient and accurate in my past 3 yrs using it, before that i was using other tools
I wish i can say it's easy as it sounds but it will require some experience to know how to use the fibs with elliott properly and how to recognise the usual formations and reaction to fibs according to each pair....for example GBPJPY react to fibs in much different way than GBPUSD ...and so on...so my advice is to keep charting till you feel confident about your abilities.
Trade Update: Still holding short from 225.50 target 217.70
07-03-2007, 12:37 AM
ورشة عمل موجات اليوت 
.gif "Eh S(7)")
(المليون في ثمانية اشهر؟)
