I am trying to update this thread .........
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Please listen to the video presentation in its entirety
It is the basis of what you see here in theses charts ....
This is where the training to do this comes from
As you can see none of these charts have any oscillators in them
Hopefully you have at least observed that ...........
There is a reason for this
So please
Just Listen to the video , then you will start to understand and appreciate these charts .......
Brush up on your Elliott Waves knowledge base Elliott Waves Basics
------------------------------------------------------------ Elliott Wave International - Elliott Wave Dot Net
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Here is a link with all the Elliott Waves basic rules
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The British Pound simply ran into a End of a Wave "B " High.............
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Computers will someday replace Traders because more banks are moving towards all-electronic algorithmic trading.
The number of traders employed in London will have fallen by a massive 90% by 2015 :
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Click Here : ( See the Article ) Finextra: City trading jobs to fall by 90% as banks take up algorithmic technology
Trading with computer difinately will take the emotion out of trading .......
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More importantly ,
It will keep you disciplined especially when it comes to your Risk to Reward
trading parameters that you set for yourself .......
------------------------------------------------------------------------------ Many traders fail because they don't study sound money management techniques -
Every trader has to learn his own risk tolerance and apply it with confidence!
Nothing in trading causes more emotion than listening to news and waiting for reports .
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This is where the computer generated entries will have the edge .........
Hi all ,,,,,
Here is the Nzd/Usd on a 5 min chart ..............
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618% retracement ?
Got my eye on you there buddy !
Here is the short-term picture that may be ocuring going into tommorow's USA trading session
This is only a Probability !................It is Not Cast in Stone........
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