Here is a quick blog from our Live Trading Room host, Dan Hussey. Take a look at how to manage your risk by using inflection zones and Elliot Wave to your advantage. The Live Trading Room is held daily at 8:00 AM EST , join Dan there for more insight into these proven methods of trading.
With the final tallies of the BREXIT vote looming, I wanted to highlight the trade setups we identified – FAR IN ADVANCE – of this news event. I have been receiving a lot of messages over the last week regarding how the BREXIT will affect the GBP/USD, however, I want to make it clear that we have been able to identify actionable trade setups long ahead of this news event. Its come to pass now, and its clear, that news simply accelerates market price action into and with inflection zones. In this video, I highlight the setups for the GBP/USD we took, selling into “100% equal legs and 50% inflection zones” with a three wave corrective structure. We were able to capitalize on this in the moment, and take a some solid setup… IN REAL TIME!
$GBPUSD Live Trading Room – Live Trading 6/22/2016 – 6/23/2016
This video is a highlight from the Live Trading Room (the daily recap for subscribers). We utilize Elliot Wave in conjunction with technical’s to provide the best Elliot Wave Analysis of the markets. Remember, trading isn’t about how much you make, or being right, its about managing risk. Inflection zones have a high probability to trade from their ENTRY areas to their T1 (first target). We exploit this statistical advantage by using Elliot Wave and inflection zones to manage our risk, while looking for setups in the direction that the EWF charts suggest. Join us daily from 8:00 AM EST!