The added confidence MTPredictor has brought to my trading system has been invaluable and highly profitable. The more I use and understand the nuances of MTP, the better and fewer my trading decisions are becoming. So thanks Steve. I’m becoming a devoted fan.
David, Private Trader
Elliott Wave rule no:2 stated that Wave (3) cannot be the shortest wave in a complete 5 wave sequence. In practice, Wave (3) is usually the strongest and longest wave. As wave (3) is usually the longest and strongest wave it normally carries
Wave (3) very often is the extended wave, where this swing trades beyond what is considered normal in a completed 5-wave sequence. Again this makes this an ideal wave to trade, because of its large profit potential.