Global events - the last 18 Months.

I recently posted a timeline of Bitcoin events as well as record several videos on the current Elliott Wave moves around Bitcoin, DXY and a few Forex pairs.

Here’s a link to the Bitcoin timeline;
Looking back at the last 18 months or so now, I wanted to cover some of the significant events that have taken place, which would have had some (but not as much as you think) of an effect on the Elliott counts as a whole. For those of you not familiar with Elliott, there is a link in the ‘related ideas’ section covering the basics.

So, let’s go back in time;
Brexit announced back in 2016 – carried through and completed in 2020.

Thus, kicking off the year with a fair size event, the global markets not quite sure what the fall out would be, where the damage would come and of course if there where to be profitable positions to obtain. An awful lot of hesitation & fear seen in the market.

Jump forward to the next big event; although COVID-19 was technically pre 2020, the real effects did not start to emerge until early 2020 when the world went into LOCKDOWNS, crazy mayhem soon followed and has not really disappeared since.

After the world starts to go mad! A few other things happen during this period!
- Oil goes negative for the first time in HISTORY

- Gold hits $2,000

- S&P creates an all-time high


If this was not enough to cause global confusion, we also had an interesting period in the United States.

All though there are plenty of other events that have shaped this last 18 months or so, you can clearly see with so much – the charts will be a little more sporadic, a little harder to read. So, although methods such as Elliott and Wyckoff are still very powerful.

Even Wyckoff Schematics got a good run in the social media platforms! (Probably kicked that off in March) 😉

Interesting times ahead - @TradingView community, take care of yourself and keep in mind! It’s been a crazy 18-months, 2 years!

**(This is not a trade idea, even a bias - it's just highlighting how insane these last 18-months have been)

For education on Wyckoff and Elliott - see my bio below;

Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.