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The most important thing I learned few years ago was that the market was a wave. Well not the market, but the charts that we look at. It always moves in waves. Someone actually named them after themselves but we don't really need that lovely name (Elliott Wave). Because we don't need to complicate things. When I talk about waves, I don't mean the popular Elliott Wave. I mean the WAVE we have on the most beautiful indicator called, ahem it has many names, AO, The Awesome Oscillator, The eWave, AIMS Wave etc. It helps us see the market in a smooth wave going above and below a certain Zero Line. .. It helps you ignore the going up and going down of the price concept. For us technical traders, we don't have an up and down as such specially in forex. All we see is eWave turning Red or Green. Assuming you already know a bit about the wave. I know most of you will want to know the answer this fantastic question. How to trade the third wave? They all ask that question, and soon discover that they have to ask another question. How to spot Wave 1 and 2. Because you need to see Wave 1/2 in order to position yourself into the Wave 3. So the question then is , How to spot wave 1-2...

How to Spot wave 1-2?

The answer is disappointing to some but in reality its very interesting. So the answer is that the yway to find wave 1-2 is...

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