Marenno
Short

SWA EURJPY begining of the week

FX:EURJPY   Euro Fx/Japanese Yen
details on the chart, however here's some explanation:


The purpose of the SWA             approach is not to name the wave, but to make money out of the next swing of a tradable period.

To get a deeper understanding of the approach, that can open a new doors for your trading, please contact.

Impulse move (impulse wave), or the move towards the presumed main trend direction (of a period researched), is indicated with “i” followed by the wave number

Each higher step/grade is marked “i” which stands for Impulse + apostrophe after the impulse wave number one for each step higher. e.g.: i1’ - 1st impulse wave 1 step higher, i1’' - 2 steps higher, i1’’’ - 3 steps higher

i1’’ i2’’ i3’’ 2 steps higher
i1’ i2’ i3’ 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower

Each lower step/grade is marked with apostrophe before the i - letter that stands for impulse wave. 'i - 1 step lower, ''i - 2 steps lower, '''i - 3 steps lower

Corrective move is marked with letters, where: a - 1st corrective wave, b - 2nd, etc…

Each higher step/grade is marked with a wave’s letter + apostrophe after the ; e.g.: ‘ - 1 step higher, ‘’- 2 steps, ‘’’ - 3 steps
a’' b’' c’' - 2 steps higher
a' b' c' - 1 step higher
a b c - trading period
‘a ‘b ’c -1 step lower
‘’a ‘’b ‘’c - 2 steps lower

Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower

This is an author's simplified wave trading approach. It has been created for trading, and if you're interested to "catch a Wave" please feel free to contact.

For traders
Arturs Jermolickis