Signal: 17-10-2016
Signal time: 2:00GMT
Triggered 3:00 GMT
SL: 31 pip
Reasons for trade other than signal were:
I saw a clear e-wave pattern, box was nice and small, it felt just right to take it.
As you can see box was rather small but more to the point I got a good e-wave reading, and I'm really not an Elliott wave person at all, quite frankly any help I can get to become better with my e-wave readings I'd take hence why I love our Skype room. I also hope that my new e-wave Indicator will support me with my readings in future. I've also learned later on that my down move was based on Oil news which came out but I had already executed the trade a few hours prior so I felt lucky that it when into my favour. I should also add I always like to observe what H4 is doing and from what I can understand to date H4 had a valid Hunt seed signal I believe but either way H4 gator was nice and open
Outcome Profit/loss RR: TP reached. 2.0:1
What I learned from this trade: Take more note of pattern which don't make you guess, every time I felt clear about my e-wave count I seemed to get a B/E or 2:01 reach and the ones I was guessing and weren't clear would turn into a 1R loss immediately.
DS5/7

