5 Minute Scalping Strategy Using Elliott Wave Theory 'No Indicators'

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MY SOCIAL MEDIA PLATFORMS

Here is my 5 Minute scalping strategy using Elliott Wave Theory Impulsive Wave while forex trading from the 1 hour time frame and even the 15 minute time frame

[danielbaird]

By far the best easiest way to track EW. There are way deeper ways to measure, but this is probably the best way to keep emotion and greed out of trading EW theory and potentially maximize profits!! Great job man. One tip for watchers, trade with higher volume.

[imkarmalama]

Learned EW but have not been unable to put it in practice. This video was interesting and I am definitely going to try out this technique. Will be looking forward to more EW related videos. Thank you

[adityagiri-]

Just loved this man looking forward for getting more knowledge from u Sir ✨💟

[kaylpedro]

As I was watching this tutorial I was using the elliot waves on GJ and made a healthy amount of money. Thanks E

[horacioluna]

Thank you brother, I truly benefit from your content, please keep the Elliot waves coming💯

[velious]

Good video but you’re drawing the fib wrong. Draw from bottom of wave one to top of wave 1 to bottom of wave 2.

[idiseblessing]

Nice one keep the charts more clean nxt videos...
I personally love to explore the power of Elliot waves trading

[nolo]

Thank you soo much for this first of many elliot wave theory videos 🔥🔥🔥😭👑 Plz keep these lessons going Once again thank you Solo

[pricetechph]

Thank you Brother, keep posting videos like this

[KM-bujs]

Bro this is elite but when I look at the charts I can never see the waves. I can identify them after you highlighted the areas as 3 or 5 but when looking at a naked chart I be lost

[kidprophet]

Im assuming its just reverse for down trends? Also if possible, can you explain the difference between retracement and extension how come you choose the extension over the retracement?

[LocNguyen-rrnq]

I use a similar strategy to trade the FIWA token of DeFi Warrior

[eddienunez]

Great video 👍🏼👍🏼.. quick question do you have the same setting for the fib extension and retracement ?

[josevarela]

This is insane i being practicing this strategy and whatching this videos over and over including others witj market structure you have. Thank you soo much E.

I would like if you can explain to me how to determine THE STOP LOSS based on my account balance, what I mean is if i want to risk 2% how can i determine in how many pipsaway i need to put my SL

THANKS IN ADVANCE

[thiagomunich]

Great content, thank you!

What's the point of getting in and out multiple times (increasing taxes and loss possibilities) if you can just buy once and ride the trade until 1.61?

[piotrn]

Hi Solo, great video! How do you manage your entries for scalp trades? Do you set limit orders or just put market order?

[rumal]

Can u show how we would back test this correctly?

[i-spyoptionwaves]

Good scalping principles. But that’s not how to measure EW using Fib extension tool. The 3 points are measured from origin of Wave 1 to end of Wave 1, then down to end of Wave 2 (not back to start or Wave 1). And your Wave 4 is drawn within Wave 1, which would actually mean it’s not a Wave 4, unless it’s a leading or ending diagonal.

[ange]

Hi bro what percentage a month do you think is good? Like 10%-20%?

[YourManifoldWorld]

I am a pure Elliott-wave trader and have been doing it for 4.5 years. What you are teaching is incorrect.

Elliott-wave structures have very very strict rules, which is not followed in this video.

You're drawing a 5 wave impulse that can only be a leading or ending diagonal. Wave 4 can never over lap into wave 1, except in leading or ending diagonal.

The way you are using the extension tool to measure wave 3 is incorrect. It needs to measure from beginning of wave 1 to end of wave 1 and then finally end of wave 2 (NOT end of wave-1 like you have it shown).

Measuring wave-5 is also incorrect, if you are using extension tool, its measured from beginning of wave 3 to end of wave 3 and finally end of wave 4.

Learning to trade Elliott-wave is much much more than 5 wave moves that everybody talks about but don't understand.

Understanding how to utilize and read the charts in the point of view of Elliott-wave structures REQUIRES that you master how to read corrections like WXY, WXYXZ and ABC corrections, not 5 wave impulses.