ZIGZAG Pattern is made up of 3 waves were Wave A has 5 impulse waves, Wave B has 3 corrective waves, and Wave C has 5 waves. Our main focus is riding Wave C once wave B finishes its retracements to fibonacci levels. Ideally, Wave A = Wave C. This means if Wave A made 20% move, Wave C should do the same.
USX is the average of NAS100 , SPX500 and US30 (all from BLACKBULL data provider). ( average of the 3 Open = O ), ( average of the 3 High = H), ( average of the 3 Low = L), ( average of the 3 Close = C), Plotted as candles using thoses OHLC, making a chart representing the average price action of indexes. It is preferable to use on 15m TF (read...
I hope i informed and broke down some concepts to all in they journey with forex & wyckoff.
Look at the Us30, and GBPUSD charts attached to this post, what do you see???? OANDA:GBPUSD OANDA:US30USD GBPUSD Do you see a shift in market structure or Liquidity grab by smart money algorithm? In financial market trading, one key to determine where the liquidity that the market will run next is located is to ask yourself who are those making...
Look at the Us30, GBPUSD and EURUSD charts attached to this post, what do you see???? GBPUSD Do you see a shift in market structure or Liquidity grab by smart money algorithm? In financial market trading, one key to determine where the liquidity that the market will run next is located is to ask yourself who are those making money from the current...
In this video i talk about daily trends and how to identify them, also market maker levels and where to place you tp
Over the last couple of years, the trading industry has evolved and new traders that come into the business just get it going with a live account without going through a demo account first. In fact, trading a demo account these days feels so much like a waste of time.. But should it be this way?? Should you trade a demo account, or even take it seriously? Plain...
Identifying the daily trend is an essential skill for traders looking to make profitable trades in the financial markets. Here are some steps to help identify the daily trend in trading: 1.Use a Higher Timeframe Chart: To identify the daily trend, you'll want to use a higher timeframe chart like a daily chart. This will allow you to see the bigger picture and...
Trading with the market maker strategy in forex involves taking advantage of the liquidity and pricing advantages offered by market makers. Here are some key steps you can follow to implement this strategy: Understand the role of market makers: Market makers provide liquidity to the forex market and facilitate trades between buyers and sellers. They also set bid...
Price made a fakeout on the first support zone. It took liquidity, on the support below, it retested the zone and it flew up.
Hello, good morning, I want to introduce a simple strategy to those who trade in low frame time. For example, I'm on the Dow Jones chart for 5 minutes at a time frame Take a closer look at this backtest You must first find support and resistance levels In the next neighbourhood, be patient until the price hits that level Now wait for the first candle to form...
ENTERTAINMENT PURPOSES ONLY Another super simple explanation of this strategy. Beautiful 50% retest of the Order Block before a 1:12RR move. Test it and tweak it for yourself!
Heres an update on the new strategy im trying out... THIS COULD BE LEGENDARY..... CLICK ON THE STRATEGY LINK IN THIS BIO BELOW FOR THE ANALYSIS I FOLLOW BEFORE ENTERING A TRADE..
Still trying to figure out a new strategy and this one i can say has been going pretty well this week... What im doing is trading only around the quarter points. 000 250 500 750 Im looking for the SToch RSI to be undersold or over bought.. So on a SELL im looking for the Stoch to be over bought, then i wait for a bullish candle to reach my Quarter Point then...
In this video I explain how I find my trend and how I will trade it .
A more in depth explanation for the US30 strategy using FIB/SuperTrend/MACD
Maximise your Day Trading Profits 5X | Apply this trade management system to hold trades all day without much effort In this video I'm going to share with you a trade management idea which would allow you to trade and hold the trade from the start to the end of the day trading session. The Chart I'm using is US30 / DOW30. The Time frame for day trading would...
Hy dear Members, As you all know very well that we have completed 1k Followers at this Trading view Platform. And first i want to Mention That As soon as Our Followers and likes will increase i will share more forex Knowledge as i am going to share now. Here this is our first educational post here and i want to tell the basics of technical analysis and secret...