Thread: Elliot Wave indicator, number and oscillator

How to use the elliot wave indicator, number and oscillator? What are are the conditions for long/short position? How to set stop loss and target, or exit trade?

Thanks and regards,
WK

Hello wkfoo70, and thank you for your post! On behalf of myself and everyone here at FXCM, welcome to the forum community!


Where can I learn more about the Elliot Wave Indicator?

The DailyFX.com Research and Education team has created a variety of trading videos to help you identify trading opportunities using the Elliot Wave indicator. We have four video lessons on the Elliot Wave indicator available directly from DailyFX PLUS. You can access these videos by logging into the DailyFX PLUS Trading Course with the same information you use to log in to your live account. Once you are logged in simply click on "Elliot Wave" on the left.




What other resources does DailyFX PLUS offer that can help me to hone my strategy, or develop a strategy of my own?

Here at FXCM we always have our clients best interest in mind. That is why we have an abundance of educational resources in hopes that it can eventually help clients become a profitable traders. Here are a few more resources that we have to offer from DailyFX PLUS:


DailyFX PLUS Trading Course:

Live clients are entitled to unlimited access to our DailyFX PLUS trading course which comes complete with:

• 60 video lessons for you to choose from with information on technical indicators and different strategies.

• Over 15 hours of live instructor help webinars each week. During these live webinars our instructors will go over a topic for about fifteen minutes and then answer any questions you may have in real time.

• Community forums to get feedback, ask questions, and share what you're learning.

• Optional homework assignments to test your understanding and to see how well you are retaining the knowledge.

I encourage you to go through all of the video lessons if you haven't done so already, and to attend the live webinars whenever possible. You can access the trading course from DailyFX PLUS by clicking here and logging in with the same information that you use to log in to your live account. Please click here for access to the LIVE Trading Room with the course instructors.

For those who don't have a live account with us yet that's ok!

Please feel free to send me an email at julius@fxcm.com and I will be more than happy to set you up with a trial version of DailyFX PLUS.


Course Instructors:

Coupled with DailyFX PLUS, clients also have access to our mentorship program. In the program, you can communicate with the team of Trading Coaches 24 hrs per day 5 days per week. Our instructors can help you build a strategy if you need one or fine tune a current strategy you may be using. I highly encourage you to contact the instructors directly and tell them about the strategy you are currently using, what has been working, and what hasn't been working. Once you have done that you can also ask the instructors any questions you may have regarding the Elliot Wave indicator, and how you can incorporate it with your trading. This will put them in a good position to share their thoughts, and provide you with information/resources that will be beneficial to you.

You can contact the instructors directly at instructor@dailyfx.com


Please click here for more information regarding our DailyFX PLUS Trading Course and Live Webinars.


Thank you again for your post wkfoo70! Please feel free to post with more questions or send me an email directly at julius@fxcm.com

Originally Posted by wkfoo70

How to use the elliot wave indicator, number and oscillator? What are are the conditions for long/short position? How to set stop loss and target, or exit trade?

Thanks and regards,
WK