Tony_Dong

Make money instead of Making Pips or Points

Tony_Dong Updated   
FX:EURUSD   Euro / U.S. Dollar
5
Right now, you should see a cross candle on the daily chart.No body is able to 100% know what the price will be going in the coming hours within today for sure.

However, this early morning, there was a small double top, only based on which, by now 298 points, if you close your big order now, enough money already.

The final purpose for you to trade Forex should be making money instead of making pips (points). If you placed a big order at the timing(a small double top this morning), you may well close your order now without any need to wait for Frankfurt & London session opening afterwards today.

That you make a lot of pips(points) is not equal to that you can make a lot of money. I always make a little pips(points), however, I always make a lot of money with a little pips because I always place pace a big order at the right timing.

Only for your reference.

Trade well
Comment:
At the timing when they are sleeping, you are working. They most possibly lose huge money, you make a huge money.
Comment:
They hv shown you a lot of video on Youtube. Do you think they have been proficient in Elliot Wave ? letting you make money ? they drew a lot of lines , too many lines, which they finally know nothing about the lines they made , Do u think you know that?
Comment:
There is no need for Elliott theory to draw any trend lines. What you need to do is count/confirm the waves based Elliott.
Comment:
If someone is trying to show you s/he is a Wave expert on Youtube or webniar or somewhere else. What you need to test is to let him/her show you where the 5 waves are located now ?

You don't need him/her to show you too many trend lines. Because Elliott never tells anybody how to draw a lot of trend lines.
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