JDubTickTrader

W5T Elliot Wave move on 15 min chart - follow up to Wednesday

Long
CME_MINI:ESM2020   E-MINI S&P 500 FUTURES (JUN 2020)
This was a follow up to Wednesday's W5T weekly webinar on Trading View. 15 min channels and isolated on candle 10050. Draw a channel on the 4th wave pullback from the high of wave 3 to the low of wave 4 with channel settings at "close", all other channels I draw I use HLC divided by 3. 90/140 fib on the 5/35 oscillator did not violate it, BIAS gave you confirmation, stochastic gave you confirmation, BITS gave you confirmation, 6/4 moving average gave you confirmation. You had 6 things that said "go long" and it worked out nicely. Follow the rules and make sure you have 5 of 6 confirmations and your trades will improve greatly "Following the Rules" :-)

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