Remember no matter how accurate your analysis is (and I have not found any method of analysis to be more accurate than wave theory) you still have to let the chart prove you correct. That is why I train, yes TRAIN, my trader to have penitence and wait for the trade. We are waiting for a sell on AUDUSD but first it has to make a down impulse (this is the start of any wave ) then it will correct, this is the prof of continuation. Use a tested strategy to trade it . I hope this helps.
Trade with care
Thank you for your support.
Training : add to skype mangal457
After watching many of your videos on wave trading, you make every thing look so simple and straight forward, I have been learning charts for @ 4 months now, and trading them with paper money, since you posted this I have this chart and trend lines in different time frames, but I have found its clinging tightly to the 4 hour trend lines, and I have traded this long and short over the last 4 days, its just unbelievable how much paper money i have made off this trade' at the time of writing this the price is 0.76945, and i have been short for 24 hours, I have my buy and sell order's in for what I believe to be the bounce at 0.76850
I can only thank you for the knowledge I have learned from you over the last few weeks