092: Dario Mofardin – Observing the Whole Board, Building a Body of Evidence, Swinging at Fat Pitches
Chat With Traders
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How to Trade Elliot Wave
Elliot Wave on its own is difficult to trade, but when you couple it with what I call kind of building a body of evidence, which is using Fibonacci targets and retracements. The third wave of a five wave rally should be the strongest wave. So that's when your MACD and your RSI and your momentum indicators will be at their peak. What you're looking for is say for a fifth wave,you're looking for divergence in momentum,. You're looking for the market to stop trending as strongly as it was in the past.
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