(Of course, you can also use any other techniques you find reliable to do this.) (2) Use GET's PIVOT feature to identify turning points and (3) Then use normal technical analysis to do your Timing Entry - I use (a) Fibonacci ratios, (b) Candlestick patterns and (c) normal Chart patterns for Breakouts and Continuation patterns. Best is to ensure that GET has 3 to 4 alternate counts showing it is Wave 3. We may not be prepared to pay for it.Īnd finally, a word of guidance - (1) Use GET to look for Wave 3 patterns as it is the longest and most profitable wave to trade. Realtime means we have to pay for the realtime datafeed service from dataproviders like e-Signal and I was told this is very expensive. You need a realtime version of GET to do this.
Unfortunately the GET version that we all have is End of Day. Where they agree, it gives you greater confidence. GET can act for you as a counter-check against your method. I am glad to know you can also use GET now, in addition to your own method of wave labelling. I can't use 60min frame, the button is not working. Now I'm learning to use GET tanks to you. I wish you all – MERRY XMAS and a PROSPEROUS 2010 in your forex trading.
For further reading, I suggest you visit the website: Forex Optical | Home where you can find some lessons on Chart Patterns, Candlesticks Patterns, etc. “Continuation Patterns” is a term used to describe a situation whereby a trend is in place but was subsequently interrupted by retracements (whether it is one bar or a few bars), but subsequently it resumed its major trend. This is the term I would use to descriibe the technique used by Joe for his Entry as in the first instance the first support Fibonacci level of 23.6 has already been broken. Signals from GET provide us the First Step and because we are using EOD GET, our Next Step is to use the Technical Features that are available in MT4 to do our conventional technical analysis using your favorite time frames for your Entries and Exits.īREAKOUT Strategies is one of the techniques I use, and another is CONTINUATION PATTERNS. I will only casually mention what I use and it will be up to readers themselves to do the follow-up study/reading based on those hints. Therefore on these topics, I would not be teaching readers. I have high respect for this guy as he took the trouble and initiative to do further studies on his own on (1) Fibonacci techniques, (2) Candlestick techniques and (3) Chart patterns apart from knowing GET.Īs I have mentioned before, I am not a pure Elliotician and it is my trading practice to combine both Elliott Wave charts IN COMBINATION with other technical analysis techniques.Īnd my stand is this: I would gladly share my experience and knowledge on ADVANCE GET as we do not have much available material on this but for Technical Analysis Techniques I would expect reader users of GET to do some study/reading on their own through books or via Internet as they are readily available and these are written by traders probably with more experience and knowledge than I have. There is nothing much that I can add to Joe's analysis as I feel he has done a very good job in explaining his thinking why he chose to trade on EURUSD and his Entry Timing.
#ADVANCED GET SUPPORT HOW TO#
I don't know wich format must be and how to load it.
I think that I must to create data from my metatrader4 and load it to GET. I sent my message earlier, but I didn't see it. I am sure there will be members using that thread will help you in whatever way they can.)
(PS: I note you have also put up a post in Modern Elliott Wave Trading using Elwave. Once you have that software, I can show you how to load data into it, and you will be able to produce the GET charts for any currency pairs you want. Normally everyday I will post GET charts for Wave 3 currency pairs, as we are focusing our trades on this longest and most profitable Wave 3.Īs a matter of fact, if you are interested to lay your hands on GET, do a Google search for "GET software". Anything about Elliott Wave, I shall be exited to know more. I am sure readers of this thread will be keen to read about it - at least I am. I am glad you find the GET charts helpful, and thanks for attached the eBook about Elliott Wave patterns.