A forecasting methodology such as Harmonic Elliott Wave is often considered with extreme caution, many critics pointing out that you never know when it will be right or wrong so that trading using it holds greater risks. That approach is naive as it supposes that a user will only use that single technique and not an integrated methodology involving several more supporting tools. However, what is also not understood is how Harmonic Elliott Wave has a stronger and more disciplined structure that can, in many instances, identify when things are breaking down. This video discusses a few of these elements and why a growing number of traders are finding that Harmonic Elliott Wave is providing a missing element to their own trading strategy.
Good trading
Ian Copsey
View the original article: http://forexforums.dailyfx.com/blogs/fx-forecaster-com/16461-break-levels-supporting-strategy.html
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