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Elliott Wave 2 Rules

"by the way, your program is excellent, works great on all timeframes, I really like cycling through timeframes from daily down to 3 minute to find the best looking setups. Its very straight forward.I have tried useing Advanced GET and some other Elliott tools/methods but to me they are more or less useless. Your method stands alone and I belive its your "Isolation" approach that makes it work so great, not to mention the risk management methods you recommend as doing everything as factors of 1 unit of risk. Great work."

Jerod, Private Trader

Risk Disclaimer Testimonials herein are unsolicited and may not be representative of the experience of other Customers and is not a guarantee of future performance or success.

Elliott Wave 2 Rules

Elliott Wave (2) cannot retrace past the start of Wave (1)

If Wave 2 retraces past the start of Wave 1, then it cannot be considered a Wave 2 and the current wave structure must be reconsidered.

This cannot be considered a valid wave count, because Wave (2) has traded below the start of Wave (1), so this wave count must be re-considered.

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