Welcome to my thread. I trade many pairs- ~20 when I see a setup I like I take it. Also I compare correlation between pairs in moving markets (meaning London/US overlap)
My trading style is mostly VSA (you can search google and read plenty)
I try to stick with 4hr and daily/weekly for VSA and EW analysis.
EW is good for projections
VSA is good for entries and exits and understanding how the SM- known as several (aka: smart money- hedge funds - Illuminati- market markers- the players- Uncle Ben- The Four Horsemen) and how they intend to move the markets. Every pip of movement is controlled by them.
My MM-- I trade smaller TF's-- tp and move stops after 20-30 pip movements (sometimes abit more) 20-40 pip stop depending on entry. when winning 4.5 % per open trades-- when loosing 1% per open trades until original equity restored. (semi-turtle method )
References:
http://www.optionsoutlet.com/trading_technicals/improve_trading_elliot_wave.html
http://www.tradingfives.com/articles/elliott-wave-guide.htm
http://www.20minutetraders.com/learning/elliott-wave/elliott-wave-channels.php
Elliott-Wave-Principle- Frost and Prechter
Recently came across this one- Might be a good place to start...
http://www.20minutetraders.com/learning/elliott-wave/elliott-wave-channels.php
http://www.tradingfives.com/articles...wave-guide.htm
This site is difficult to navigate but has some good corrective wave pattern explainations
http://thepatternsite.com/Elliott.html
I was never that big a fan of MACD but helps in wave counting (not that you need it- but it has worked well for me...)
http://www.tradingfives.com/articles...oscillator.htm
Bill Williams mentions alot about the waves and Volume relationships -which tends to fit my trading style. I tried posting the .pdf..lol too big...
My personal favorite is EWP by Robert Balan. (another .pdf too large for here)
Here's Daily/Weekly
My trading style is mostly VSA (you can search google and read plenty)
I try to stick with 4hr and daily/weekly for VSA and EW analysis.
EW is good for projections
VSA is good for entries and exits and understanding how the SM- known as several (aka: smart money- hedge funds - Illuminati- market markers- the players- Uncle Ben- The Four Horsemen) and how they intend to move the markets. Every pip of movement is controlled by them.
My MM-- I trade smaller TF's-- tp and move stops after 20-30 pip movements (sometimes abit more) 20-40 pip stop depending on entry. when winning 4.5 % per open trades-- when loosing 1% per open trades until original equity restored. (semi-turtle method )
References:
http://www.optionsoutlet.com/trading_technicals/improve_trading_elliot_wave.html
http://www.tradingfives.com/articles/elliott-wave-guide.htm
http://www.20minutetraders.com/learning/elliott-wave/elliott-wave-channels.php
Elliott-Wave-Principle- Frost and Prechter
Recently came across this one- Might be a good place to start...
http://www.20minutetraders.com/learning/elliott-wave/elliott-wave-channels.php
http://www.tradingfives.com/articles...wave-guide.htm
This site is difficult to navigate but has some good corrective wave pattern explainations
http://thepatternsite.com/Elliott.html
I was never that big a fan of MACD but helps in wave counting (not that you need it- but it has worked well for me...)
http://www.tradingfives.com/articles...oscillator.htm
Bill Williams mentions alot about the waves and Volume relationships -which tends to fit my trading style. I tried posting the .pdf..lol too big...
My personal favorite is EWP by Robert Balan. (another .pdf too large for here)
Here's Daily/Weekly