Saturday, May 28, 2011

Trading of return

Trading of return

Restore point is a great place to look for long term entry into the market or short-term trade. It is very often a place of strong resistance or support. As a bonus it is not common in an area where other traders would be expected resistance or support. Elliott traders are often confounded because their '4 'does not apply correctly.

Returning is easy to spot. It is '2 'swing when smaller '1 -2-3' matrix was '1 'in the matrix or Goodman propagated wave.
Here are some examples from my practice.

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