Trading_an_Edge
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Getting long on DOW JONES with Harmonics and Elliott waves

OANDA:US30USD   US Wall St 30
This is a technical long trade set-up based on Harmonic Trading and Elliott Waves theory.

There is a Gartley pattern showing-up and a deep correction expected as a wave C.

Price Action on the 1H chart triggered the trade

Risk/Reward = 1:8
Damn, this was a nice one.
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Trading_an_Edge nikitafen46
@nikitafen46, Indeed :-) but I lose a lot of them too...but with this kind of R/R being right only 20% of the time it's already high profitable
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nikitafen46 Trading_an_Edge
@Trading_an_Edge, i've recently become more serious about trading correctly, really using a stop loss and lot size that would mean I lose 2% of my account, and a risk reward ratio of 1:1.5 or 1:2, because my rate has been 63% consistently.
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