MTP alos does Wave 5's

[Steve Griffiths]

Hi Everybody,

I just wanted to touch on the advanced capabilities of MTPredictor.

As you can see from the chart below, MTPredictor can also automatically find additional Elliott wave patterns (above a simple ABC correction). Here the low of Oct 11 was identifies as a 5 wave sequence by the software on MSFT. You will also notice that Oct 11 was also a blue (buy) bar, and this low fell right at the Typical Wave 5 WPT. In otherwords MTPredictor nailled the very day (and the exact price) this Wave 5 low ended on MSFT.

A long trade off this low would currently be doing very nicely as we apprach the Wave 1orA WPT porfit target.

As you can see, the automatic routnes in MTPredictor can do far more than just ABC. Here we nailled the very day the Wave 5 came in :)

Steve

[Steve Griffiths]

Hi Everybody,

Here is an update on the current MSFT long trade.

As you can see, MSFT has continued to rally since my last post and has now reached the minor Wave 1orA WPT profit target. With the profit at over 5.5x the initial risk, this is a great trade.

But more than that, we were long of the very day of the Wave 5 low - this is the power of MTPredictor :)

Steve