Hi TPR, I was looking for something like that as well. Here is how I solved it: You open more than one trade each with a different target. When a target hits you move your stoplosses. Or, you can use this EA:

Multi-purpose trade management EA

Try Elwave or Elliotician.

Elliott Wave Trading

I am here... For now I have 2 scenario's left for eurusd. A double zigzag correction, or a leading diagonal. Charts posted on url

Elliott Wave Trading

sendmail — An email notification in your EA or indicator is not so hard. You just use the "sendmail" command followed by your parameters. e.g. sendmail(ma5 > ma8) The problem however is your computer. It needs to be able to send mail and you ...

Please add email alerts to this Indicator

Yes, that could happen as GBPUSD might be in a huge expanding diagonal. I posted soemthing on my site for that view, so I do think that 6100 is the bottom.

Elliott Wave Trading

GBPJPY is very unclear right now. However, it is closely correlated to the stockmarket. So look at the SP500 for some clues.

Elliott Wave Trading

The eurjpy chart you posted looks more like a double zigzag. Look at the daily chart, you will see it is in a triangle trading up.

Elliott Wave Trading

GBPUSD — Here are my 2 counts on the GBPUSD. I favor the double zigzag count for now. I think a bottom is in at 1.61.

Elliott Wave Trading

eurusd — Probabilities for eurusd...

Elliott Wave Trading

Free Week — Elliott Wave International is offering a free week for the Asian Pacific. All charts, counts and reports an entire week for free. Offer ends Sept 23. Please visit my blog as it is an offer only offered through affiliates. Click on ...

Elliott Wave Trading

Hi Mega, I see you are buying at the top of wave 1. That's a good plan because if it were not a wave 1 then the supposed wave 2 would not exceed the price of wave 1 and there would be no entry, right? Now, you have your stop at the origin of wave 1, ...

Elliott Wave Trading

I agree with you on this. But time is running out for eurusd. We would have to see a de-correlation between stocks and eurusd.

Elliott Wave Trading

I agree, and also with magictrader. I think we will have one more attempt to reach the upper trendline, possibly overshoot it a little.

Elliott Wave Trading

That would be the ideal target. Always anticipate truncations, flats etc.

Elliott Wave Trading

eurjpy — And here is an analysis I did of eurjpy about a month ago with update...

Elliott Wave Trading

gbpusd — Here is a bigger picture of the cable. Shooting for 1.72 I would say...

Elliott Wave Trading

There are no specific SL rules, but in this case one of the Elliott Wave rules is that wave 2 cannot retrace more than 100% of wave 1. So, coming out of wave C, if indeed that is a wave C, you are now in wave 1. Your stop should be then at the ...

Elliott Wave Counting with EG

EW — I use it and am very happy with it. You are not always right in your count, but you can set up some very high probability trades if you know how to, with very limited risk, even when your count is wrong. To date this year I have won over ...

How to use Elliott Wave correctly?

Just scalped for 30 pips on this setup: entry 4590 exit 4620. Made 30% on my account

EURUSD

This pair is trading at its long term top. Expecting a reversal soon, if not already...Probably one more last hurray which will fall short of its previous top.

EURUSD