Celebrating Saturday with some education.
After over 2+ years of research, I have developed Falcon Waves, an easy alternative to Elliott Waves, perhaps simple wave count method for general public.
The main Falcon Waves concept is a ABCDE format
A goes to the starting point
B is a pull back for final rally up
C is the top wave
D is the bottom wave
E is the...
Example of Ichimoku Cloud and how to trade:
1. If price is above cloud then we look for longs
2. If price is below cloud then we look for shorts
3. If price goes above base line + above cloud, it is BUY Signal
4. If price goes below base line + below cloud, it is Sell Signal
5. You can also use EMA or MA, and create second layer of Strong buy and Strong sell,...