Elliott, my no-good-for-nothing son! Sit up straight in my class.

For your Corrections exam you received a C. You even failed to name the 3 kinds of the corrections.

The loneliness correction likely occurs when the 30-sample hourly BBs are still expanding. The price only makes it to the other side of the S30 by the 14th, 16th hour. Example:

The disregard correction likely occurs when the 30-sample hourly BBs have stopped expanding and the correction reaches its peak at the 21st / 23rd hour, often breaching the upper band. The S30 often gets challenged before the 14th / 16th hour. Example:

The 3rd correction type is the Liquidity Break.

Image below: Loneliness or Disregard?

We use indicators because we don’t have X-ray vision. You cannot just eyeball a candle and determine that the hourly RSI2 was below 6, I start counting the hours of the correction here.

For Wave Structures, you got an F. The volatility whip is not part of the wave structure, thus no labelling required. Recent Vol Whips highlighted.

Wave absorption is an experimental field. Usually it is Wave 4 that gets absorbed throwing off the count. My suggestion is a 6-sample 3SD 4-hour BB to spot the breach during extreme compression of volatility.

Back to Ricky Gervais.

He is dancing with Seona tears in his eyes.

The Seona images are from brochures. My only criteria was that they were taken the same day, so this image did not qualify:

Nor did this:

These did.

These two below look exactly like my wife & kid. What a coincidence!

Viva La Republica

The above call was made when the 1st powder box printed on the downside.

I remembered a setup that was the mirror image of this, on the second run the red line proved to be final. Of course, in this case the continuation divergence got broken and they rounded up the short gains a little more. I would expect the 50% of this new powder box to hold. Call it 1.0687

The great thing about Forex trading is that you can get away with little time by the computer. Crossing borders, flying for days, sailing without internet, buggy riding does not have to stop you from bringing your average holiday or not. Daily $500 is $2500 per week.

$2,9555.60 / 4 days (=$738.9 avg.) meets the criteria.