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Why no trading of Wave 2 and 3?

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  • Why no trading of Wave 2 and 3?

    I guess I must be the total rookie here and I apologize for my many questions. I have worked my way through some of the teaching material for almost 5 hourse and finally a clearer picture starts to materialise about what AdvancedGet can and cannot do.
    I have looked at both, type one and type two trading scenarios and I need someone to explain to me please, why only certain waves (trading at the end of wave four and trading at the end of wave 5) are regarded as good/safe trading opportunities? What about the strongest wave, wave 3? My Japanese Elliott specialist makes the most money trading vicious wave 3 trades, so I wonder why especially wave three is not reommended for trading with Aget?
    (This question is strictly meant for Forex trading)

  • #2
    Hi Tekunda!

    We at eSignal are VERY committed to helping every user successfully use the Advanced GET features, so please do not worry at all about asking your questions. Your concerns are legitimate. We will do our very best to help you become a successful AGET user.

    To answer your question, we do not endorse trading Wave 2's or Wave 3's because they are harder to do, statistically they do not generate the highest probablity trades. I personally think it is very possible to do Wave 2 and 3's, but it is not something a novice wants to attempt.

    Because you are a new AGET user I would tell you to just trust me for now and don't attempt them, not yet.

    If I could introduce a starting point idea. Over the weekend and in the evenings when you are free of distractions, load up an Advanced chart and get familar with the "Training Mode." It is the absolute best method I know for getting acclimated to some of the dynamics of wave count changes and AGET features. I tell you it really does help! It helps you gain greater confidence in the Elliott wave algrithym, in AGET tools and techniques.

    Another area you might check out is the new on-line Advanced GET video training tapes. Look up the Advanced GET topic.
    click here click here #2 click here # 3 - (best one)

    Sincerely,
    Marc

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    • #3
      what do you mean by Japanese Elliot specialist?

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