Hello!
Dear colleagues, because I am constantly analyzing the markets with the help of wave analysis. Many colleagues ask me about it and I decided to make some tutorial posts to help you in this difficult task.
I want to present this information to you in a simple and straightforward manner.
Well, enough unnecessary text, let's get started!
A bit of history...
👋 Hello everyone, today we will be discussing stablecoins, which currently have a market capitalization of around $160 billion. Those who are not very familiar with cryptocurrencies often use stablecoins for various purposes such as making payments, storing money in a stable currency as an alternative to the US dollar, and for international transactions as well....
👩🏻💻Hello!
Dear colleagues, this is the 7th lesson on wave analysis and today we are going to look at Multiple Zigzag. We already know what a Zigzag is, so we will not look at this pattern for a long time, but just to clarify that Multiple Zigzag consists of several Zigzags.
Let's get to the rules and guidelines!
✅ Rules ✅
📍A Multiple Zigzag comprise two (or...
Trading without a structured risk management strategy turns the market into a game of chance—a gamble with unfavorable odds in the long run. Even if you possess the skill to predict more than half of the market's movements accurately, without robust risk management, profitability remains elusive.
Why?
Because no trading system can guarantee a 100% success...
👩🏻💻Hello!
In this lecture, we will cover one of the options for corrective cycles, namely Flat.
Let's now look at the 'flat' separately as a stand-alone correctional structure. I remind you, 'flat' and 'plane' are essentially the same thing. So, the 'flat' always has a three-wave structure, and it looks like this: 3-3-5. That is, you can identify it by the third...
I will reveal 4 accurate price action signals that even a newbie trader will manage to easily recognize.
Watch carefully because these signals alone will help you to make a lot of money trading Forex, Gold or any other financial market.
Change of Character
Change of character is a strong signal that indicates a trend violation and a highly probable...
In times of geopolitical turmoil or war, investors often seek refuge in currencies perceived as safe havens. several currencies are considered safe harbors due to their stability, liquidity, and low risk of depreciation. Some of the notable safe-haven currencies include:
1-US Dollar (USD): The US dollar is often regarded as the ultimate safe-haven currency due to...
In a week, another bitcoin halving is expected to take place, which is expected by many cryptocurrency traders. Cryptocurrencies are still a dark horse for traders: sharp price fluctuations in both directions, high volatility attract traders with the supposed simplicity of making money. And although many consider the industry a bubble, there are still enthusiasts...
Hey traders,
In this post, we will discuss a common fallacy among struggling traders: overestimation of a one single trade .
💡The fact is that quite often, watching the performance of an active trading position, traders quite painfully react to the price being closer and closer to a stop loss or, alternatively, coiling close to a take profit but not...
The Intricate Dance of Gold and the U.S. Dollar
The relationship between the U.S. Dollar Index (DXY) and Gold prices is a fascinating study in economics. Typically, these two have a reverse correlation. The reason for this inverse relationship is that gold is priced in U.S. dollars. Therefore, when the dollar strengthens, gold becomes more expensive for...
This post is directed towards novice traders who harbor the belief that honing trading skills and mastering profit-making strategies is achievable solely through practice on a demo account. However, the unforgiving reality of statistics paints a stark picture: approximately 65-80% of novice traders find themselves facing financial losses within the initial months...
Hello!
➡️In this lecture, we will cover one of the most common or popular correction options - triangles. I remind you that we are now considering various correction structures that are encountered both separately and can be part of more complex structures.
➡️Triangles are probably the most popular pattern for all beginners, yes, and not only beginners. It is...
Hello Fellow traders!
Welcome to another bite sized Mini series on forex!
I hope that these info can open up your interest in forex trading and understand more about forex market!
Trading in the forex market offers various opportunities for investors to capitalize on currency price movements and profit from exchange rate fluctuations.
One of the most common...
Because of your strong support on the Part 1, I decided to make Part 2 (as I already told in the last Part). Today lets see the other 17 differences between Stock market & Forex market. You must know them before investing/trading.
1. Market Size: The stock market represents ownership in companies, whereas the forex (foreign exchange) market deals with trading...
This video showcases two custom TradingView indicators: Inflation Deflator & Make That Money.
Random chart. Random start. Replay.
I show how to best use these indicators and implement supply/demand zones for SL/TP.
Get ready for an exhilarating adventure as we unveil the intriguing disparities between two titans of the financial world: the Stock Market and the Forex Market. These dynamic arenas captivate the attention of traders and investors alike, each offering a unique tapestry of opportunities and challenges. Join us on an exhilarating exploration of 27 key differences...
👩🏻💻 Welcome to the 4th lecture on Elliott Waves!
➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags.
➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and...
Optimism, pessimism and realism which trader's mindset is better? The answer seems obvious: optimism. Optimistic traders overestimate their strength and the situation, pessimists do not believe in their strength, so the best is common sense realism. The realistic version of the world perception implies assumption of both favorable and unfavorable variants of the...
![EURUSD: [EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!](https://s3.tradingview.com/8/88fNLvFk_mid.png "[EDU-Bite Sized Mini Series] 5 Ways that you can trade Forex!")
