
According to Elliott - there are 4 types of trends:

a) Rising trend
b) Descending trend
c) Rising trend in Descending trend
d) Descending trend in Rising trend

How to open BUY trade:

You need to make sure which trend is now.
When you see BUY arrow - open trade
When you see sell arrow on Rising trend or Rising trend in Descending trend = SELL SIGNAL IGNORE
ON THIS TYPES OF TREND - ONLY BUY.
	
How to open Sell trade:

You need to make sure which trend is now.
When you see SELL arrow - open trade
When you see BUY arrow on Descending trend or Descending trend in Rising trend = BUY SIGNAL IGNORE
ON THIS TYPES OF TREND - ONLY SELL.

Best pairs for trading:
EURUSD AUDUSD USDCHF EURGBP USDJPY EURJPY GBPUSD.
Best timeframe - 1 hour
Use standard Money Management : Every 100 $ use 0.01 lot
