SPX500 wizardry
已更新
Yesterday we nicely executed long trade in SPX500. Seeing the bigger picture though promises very tough road ahead. WXY corrections are so tricky, almost non-tradable. In the chart, I indicated 2 possible scenarios and I am sure there are many more possibilities. You can see that if pink scenario materialises, SL will be knocked out.
This leaves no choice but to trade short-term. My newly developed rules allow trading C wave only in those wxy corrections. So we'll be watching the developments very closely, identifying waves C before they start and taking profits when they finish.
You can follow live trading updates in the Telegram channel. t.me/wavetrades
This leaves no choice but to trade short-term. My newly developed rules allow trading C wave only in those wxy corrections. So we'll be watching the developments very closely, identifying waves C before they start and taking profits when they finish.
You can follow live trading updates in the Telegram channel. t.me/wavetrades
评论
I guess we are in pink scenario. Will analyse in a separate post.交易手动结束
Having considered pink I moved the SL to 0 and they were triggered Friday night
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⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
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🌏 energeiacharta.com
⏱️ Timely updates of WTI, Gasoil, NatGas charts explaining every twist
🗃️ Extensive analysis archives
📏 Chartopedia, with examples of applying ElliottWave to real world charts
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