wolffarchitecture

NAS100USD : Updated Count

Long
OANDA:NAS100USD   US Nas 100
Short-term = SHORT.
Mid-term = LONG.
This is my PERSONAL trading CHART, with no further educational explanations.

We use ELLIOTT WAVE theory to determine WHAT the Pivot DIRECTION IS, Then use MULTI-TIME-FRAME Indicator analysis too fine-tune the PRICE and TIMING of the expected WAVE.
BUYING STRATEGY: We buy at the bottoms of corrections or pullbacks, Then Take 50% profit at 50% of previous WAVE (just do it) and place stop at purchase price.
IF price un-expectantly reverses lower YOUR EVEN,.... IF price continues UP-TREND then, re-buy at NEXT CORRECTIVE WAVE bottom of WAVE-2/Start of WAVE-3
This is actually a very aggressive strategy for going in early that is why 50% "hedge" PROFIT is taken EARLY in the TRADE.
Combining ELLIOTT WAVE and THIS strategy, has SAVED my account 3-TMES during the past 3-weeks.

Comment:
TODAY:
PRICE could go Either way (UP or DOWN). TOMORROW, most likely DOWN to LOWER. Indicators show OVER BOUGHT conditions. Commodities look to be reversing lower Slightly. End of day today or Tomorrow will probably be a good chance for BUYING Gold and Silver.
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