Friday, 13 August 2010

Absolutely amazing !!


Hi Everybody,

This was a trade I was following myself yesterday on the 3min FTSE, and shows the true power of MTPredictor.

Here we had a high on the 3min FTSE, where we had a “larger degree” Wave C, of which the Wave C swing “subdivided in a lesser 5 waves”. This is text book Elliott. Then the high unfolded at the coincidence of the DP and the Typical Wave C WPT – absolutely perfect.

I had the “initial target” at the DP low, and the FTSDE dropped straight into this level for a massive +10R Profit (ignoring slippage and commission).

It still amazes me how well this stuff works, once you truly understand what you are looking for, and shows the true power of MTPredictor once you become and experienced trader – Amazing !!

Thanks, Steve