Friday, 8 January 2010

Elliott Wave Module


Hi Everybody,

Here is a great example of the other, more advanced, tools that are available in MTPredictor.

Here we had a Wave C low on the EURGBP 60min Chart, as found by the Elliott Wave module. Initial, target is the DP form the prior Wave B high. As you can see, the EURGBP rallied to this level, where a nice +4R Profit was available (ignoring spread)

Thanks, Steve
PS, notice the nice DP sell earlier on the chart as well :)