Elliot Wave Theory Q & A

I have traded Elliot Wave Theory as my primary strategy for a few years now and have traded professionally for the fund 5%ers for the last year. Ask me anything.

What do you use an an entry trigger for Elliot wave? I find Elliot waves easy to find in hindsight but very difficult in a live market

I only trades wave 3,5 and C, and enter on the waves 2, 4, and B pullback at specific fib ratios, on wave 2 I place a pending at 50, or 61.8 pullback with SL at beginning of wave 1, and target at 161.8 extention, wave 4 you enter at 38.2 pullback of the wave 3 move, target is inverse 161.8 of wave 4, stop loss would be the 50 retrace of wave 3, and to trade wave C you enter at 50 retracement of wave A, sl is starting of wave A extension is 100 extension of AB

https://gyazo.com/3e20bfcf505d2f077048f89038568c49
Here is a screenshot of eurusd that shows a forecast on 1hr of where price should go. Currently in B just hit 50 retracement as criteria for entry, so enter, sl at start of wave A, TP at 100 extension. Yellow lines mark the SL, TP, and entry levels, now we wait and it should hit the TP line probably by monday if I were to guess. For more exact entries, I do my count on higher time frames such as 4 hr, followed by one hour and create a fib zone based on targets of both counts for more accurate picture of reversals, I also use a technique called fib zones of resistance I will explain to you if your curious. (sound complicated but it's pretty simple)