THE 3 PHASES OF THE MARKET The market goes through 3 phases, these phases can be seen on all assets and on all time frames. They happen on repeat. These phases can be identified and market on your chart, to understand the true intentions of the market and also predict what will happen next. 1) CONTRACTION PHASE When price forms a LH and HL this is the...
what we cover in this education post? Let's break it down: 1. Hero indicator: What is it? 2. Real analysis example + Optimize settings. (Don't miss this!) 3. Alert 4. FAQs: Common questions answered. What's the hero indicator? It's a cool tool that combines 9 different indicators. Each of these indicators can help you gain a edge in the market, but they...
here is some basic principles to discern between Corrective and Impulse. For corrective waves, it helps contextually to have a wave prior to measure the timing and retracement to. A simple way to tell the two apart is their retracements either do or do not intersect each other. A trending impulse wave will never have wave 4 enter wave 1's territory, and never...
In this video, we examine the DXY (King Dollar) and I explain why I think we're looking at a risk-on week for the remainder of the week.
In volatile markets, traders can benefit from large jumps in asset prices if they can be turned into opportunities. Gaps are areas on a chart where the price of a stock (or another financial instrument) moves sharply up or down, with little or no trading in between. As a result, the asset’s chart shows a gap in the normal price pattern. The enterprising trader can...
...Let it go! I woke up from a nap, plodded down stairs and came face to face with my beautiful beagle Pablo, who to my suprise had a filthy disheveled old tennis ball hanging precariously outside the right side of his mouth. My first thought was, "where the hell did he get that from", my second thought was "He wants me to chase him" to which I did and like a...
The head and shoulders pattern is a popular chart pattern used in technical analysis to predict potential reversals in price trends. It is named after its visual resemblance to a head and two shoulders. The pattern is typically formed after an uptrend and is considered a bearish reversal pattern. Here are the key characteristics of a head and shoulders...
Transparency of forex signal providers is an important concept for making successful trading decisions. Transparency of forex signal providers means that an investor can view a signal provider's trading history, including results and statistics. This gives an investor the opportunity to evaluate the verified trading history and make a decision on whether to...
SEC Filings: Visit the U.S. Securities and Exchange Commission (SEC) website and search for the company's filings, particularly the 13F filings. Institutional investors with more than $100 million in assets under management are required to file a Form 13F, which discloses their holdings. Look for the most recent filings to get up-to-date information. ...
When you trade and invest, there are many elements that you will continue to help contribute to. I can think of 4 main ways including: Way #1: You help with liquidity (volume) Remember, you are the intermediary in the markets. When you exchange money and buy and sell, you’re helping provide liquidity and volume. This makes it easier for other market...
A rising wedge in an up trend is usually considered a reversal pattern. This pattern is at the end of a bullish wave, by creating close price tops, shows us that the supply has intensified and there is a possibility of a trend change. Of course, nothing is certain and if the buyers are more willing and strong, this pattern may be broken in the direction of the...
Here is cross-sectioned candlestick shadow and quantified amplitude of the shadow. The indicator marked with a horizontal ray identifies the "strength," or "intent," of the continuation tweezer pattern. Unfortunately, a trader should wait to put a bearish resistance under the tweezer support swing.
Just so you know. I believe if you’re following a world renown and successful Penny Share expert, you’re in good hands. They are able to spot low risk investments and guide you through the process of owning great Penny Stocks. But as a trader , who only looks at charts – THIS IS DANGEROUS TERRITORY. Remember, Penny Shares are high risk, high volatile, low...
In this edition, I tell you the products I'm looking for sellside coming into NY AM. I am not super confident on my read on price right now.
Investing plays a crucial role in personal finance, serving as a vital avenue for individuals to expand their wealth and financial security over an extended period. Despite its significance, numerous individuals shy away from investing due to various perceived obstacles that hinder their progress, including a lack of knowledge, fear of risks, and limited...
The key is to count the waves correctly. Once we have an extension, we can use the Fibonacci tool to validate and set our entry traps. Enjoy.
The FVG is unarguably most ICT traders' favourite entry level. However, there are little things to pay attention to: 📌Does it have enough imbalance/liq to make price turn from that level? 📌Is there another possible level price might seek liq into? Price will always seek liquidity. If we're working with a FVG, it should have enough Liq within it in form of its...
Many believe that a well-defined, simple, and robust trading strategy can help a trader acquire gains that outperform the market or purchase undervalued stocks in hopes of outsized returns upon rebound, but is this the case? Students of the Efficient Market Hypothesis (EMH) would argue that fundamental and technical analysis are pointless approaches to the market...