MY VIEW ON WAVE PATTERNS.
There was a lot of noise when I label the second wave as a wedge ,One trader say's it will be his first time in seeing a wedge after the first impulse .Well here is one "Just for you".
I Prefer to say I look for wave patterns and not Elliott wave patterns since some of my patterns although based on Elliott's teachings differ a little from his findings . I believe everything evolves and to say there are no structural change in the wave patterns would be naive. The "WAVE THEORY" still holds but I find a variation in some of the patterns. And I may label them different but ONCE I can identify an Impulse -correction impulse I can trade the second impulse.
I have also found a way to identify, what is ONE WAVE and that was what made a fundamentally change in my understanding of wave analysis.
I Prefer to say I look for wave patterns and not Elliott wave patterns since some of my patterns although based on Elliott's teachings differ a little from his findings . I believe everything evolves and to say there are no structural change in the wave patterns would be naive. The "WAVE THEORY" still holds but I find a variation in some of the patterns. And I may label them different but ONCE I can identify an Impulse -correction impulse I can trade the second impulse.
I have also found a way to identify, what is ONE WAVE and that was what made a fundamentally change in my understanding of wave analysis.
YouTube: youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
Facebook: facebook.com/ProwaveTrader
Training : add to skype mangal457
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