Here is my Euro Hourly chart for today. For anyone new reading my blog I will say that I primarily use Elliott Wave Theory for long term forecasts, but use other technical indicators to confirm wave counts. Right now the chart I am posting has a modified stochastic and a fractal indicator stacked on top of that. It is showing a very good sell signal. Here is the very unusual thing about using a modified stochastic with a fractal stacked on top of it. The fractal indicator is supposed to be used as a continuation indicator, but used on top of a modified stochastic, I have found that it is a much better reversal indicator.
hi Dave,
ReplyDeleteI am following since ur discussion with paul in forums, i really appreciate your counts on euro . what is that modified fractal indicator , what is the setting , or can u post the indicator ? for benefits of others (me!) lol
and thanks for the new blog to folow u
regards
gupta