Tradeplicity

MARKETS ARE RANDOM...But can we tilt the odds in our FAVOR?

FX:GBPAUD   British Pound / Australian Dollar
1
If you are from the school of Wave Theory or Just Price action. I think using the sum of all combinations can add a great advantage to any trader. As a Wave Trader one can look at this set up and , anticipate the break of the corrective wave to the down side but with the channel in place and combination of formations such as those outlined on the chart, one can increase the odds of the setup and the confidence of the trade taking into consideration those other few confluence of events.

I believe taking bits and pieces from all methods and theories and combining them with experience can greatly increase the odds of the trader.

GOOD LUCK

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