Important Tips & Tricks

Tip #1

Utilize the Red wave to look for long or short setups. By doing so, you increase the probability of a successful setup by eliminating false signals

  • If the red wave is oversold, look for buy signals

  • If the red wave is overbought, look for sell signals

Buy signal but the red wave has not turned up; Selling pressure is still prevalent

Tip #2

If you get an extremely volatile move and a signal pops up, it is a sign to take profits or close position, NOT to enter.

Sell signal during a volatile move

Tip #3

If price does not reverse immediately, the trade is still valid.

  • Every trade will go against you in some way, so it is important that you manage your risk and/or leave room. In the example below, we can see not so long after price reverses extensively

Delayed Sell Signal

Tip #4:

The highest confluence setup is when all 4 waves are together

Sell signals when all waves together

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