I have started this to help myself and others who are interested in Elliott Wave theory in relation to FOREX trading. I will post my trades taken and the profit targets and stop losses as i take the trades. Hope to learn more and teach more. (DO NOT TAKE THIS AS SIGNALS i do not give signals. Even if you take the trades i am not responsible for the winning and losses:)
“Many of life's failures are people who did not realize how close they were to success when they gave up.”
- Thomas Alva Edison
- Thomas Alva Edison
Tuesday, March 30, 2010
14th trade
This taken 30th march. Wrong entry at between 38.2% and 50% of the fibo. Lost 165 pips. LIVE TRADE. Lesson learnt WAIT FOR THE PERFECT ENTRY TO MINIMIZE RISK AND MAXIMIZE REWARD. If the trade is gone wait for the next trade, the market is not going any where. Small school fees for each lesson learnt. lol.
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