Elliott Waves theory is based on counting waves of different degrees (cycles, super cycles, etc.) and the basic interpretation of the theory is that any five waves move to the upside/downside should be corrected with a three waves opposite move. However, it is not that simple as each and every… read more →
Just a quick post of another nice easy day of Trading. I just took a screenshot of my entry charts only so I could show both currency pairs before and after pics in 1 image. This was actually done in a semi-automated fashion using the VIP tools here at EFX.… read more →
I actually remembered to capture some screenshots for you yesterday from this easy EURUSD trade. Quite simply this was a great location for the potential of a turn up on the Daily chart, there was a few confirmations of the area and the trade was quite obvious. Now; this is… read more →
Some more before and after images for you to see how simple WavEFX Trading really is. In this example we were following the short term trend of the counter-trend daily wave for a straight 1:1 risk:reward outcome. As you can see this trade worked out just fine and at a… read more →
I took these images last week and then completely forgot to post them for you. It’s just an example of how simple trading the ElectroFX VIP WavEFX way really is. In this image we have a simple Trend Continuation Trade on the GBPUSD. As always the 3 simple rules of… read more →
Just a little more insight into how easy I have managed to make WavEFX to follow. If you click this screenshot and enlarge it you will see 2 classic WavEFX trades, a trend continuation and a first confirmed wave turn. These were the first 2 trades of the day on… read more →
Trading robots have a bad name because most of them simply don’t work, or they were designed specifically to work with only the current market conditions in mind. The internet is riddled with these “amazing creations that cost only $300 and will make you fortunes” right? I’m sure you have… read more →
This certainly warrants a post, so many Forex Scams out there, so many people getting ripped off. When I say ripped off I am even talking about valid Forex courses that are overpriced, like you are being given the World or something. You will be warned about Forex Scams all… read more →
