The Elliott Wave Principle at its core consists of motive waves, movement in the direction of the larger trend, and corrective waves, any correction against the main trend. Market prices alternate between a motive phase, and a corrective phase on all time scales of trend Please refer to Elliott-Wave-Theory - Motive-Waves post covering rules and tendencies...
Use different observation methods to help traders construct trading strategies.
Very simple procedure, yet so many get this wrong. during market trends, we must: - identify the break of the previous high/ low if the current candle has closed past it. - this gives us the green light to draw our supply/ demand zone at the first candle of the impulse (however, we can also adjust the S/D to the last candle of the correction if the latter...
Wave Relationships and their relation by Fibonacci Ratios are among the most helpful tools for target prediction. There are different types of Fibonacci and different tools with different names in different software packages. This may make users somehow confused . Here, we try to shed some light on various mostly used Fibonacci types and explain their usage...
In this idea I will make an in-depth tutorial on how to use the Accumulation Strategy and how to automate it. █ PRESENTATION The strategy is in the form of an invite-only script providing backtesting and alerts. Here is a link to the script page: Goals • Steady profits. Smalls profits over time and no drawdown as long as you don't sell in loss. • Peace...
BINANCE:ALGOUSDT In this post I take a look at some of the patterns I trade and how often they show up. This is a30min chart over the last couple of weeks of ALGORAND. Firstly is a 3 DRIVE into the high. This pattern often occurs at highs or at lows and normally has an ABCD pattern with it. Next we have the 135 pattern which occurs when leaving a high or a...
Dollar Index standard: DXY en.wikipedia.org Dollar index for emerging markets: QUANDL:FED/JRXWTFO_N_M Dollar index for advanced economies: QUANDL:FED/JRXWTFN_N_M
Every day we start by choosing between long and short. Sometimes you wake up, look at the btc chart - and clearly see your setup. And sometimes you don't see it. But you still saw how many of your friends traded shorts successfully and decide to enter a hostile market. Bottom line: Lost profit, exhausted nerves, stress, a blow to self-esteem. Most traders...
Hey traders, If you follow me for quite a while you probably noticed that I apply a candlestick chart for the market analysis. In this post, we will discuss how to read an individual candlestick and we will outline its important elements. 🔰The candlestick reflects the price movement for a selected period of time. An hourly candle will show you a price...
Why am I qualified enough to teach you this? I lost 16 deposits and in 6 years I heard dozens of stories of people who lost their life savings in a couple of months by trading. I have personally tested many of these rules and confirmed that they work. So what are we waiting for? Lets get it started! 1. Trade with maximum leverage There is no need to trifle, the...
This is a little, pseudo-study I did on SPY (SPX) analysing bearish chart patterns and whether or not there was a statistically significant relationship between bearish chart patterns and sell-offs and if so, to what degree? Most of the literature says that chart patterns and technical analysis are not useful and that chart patterns are the circumstances of...
Most of the solo indicators are the lagging indicator , here i have created an indicator with the combiantion of various technics that can help to ease the trading setup. Note:- not a single indicator can give you 100% accuracy , so here there can be few false trades but the accuracny can be above 80% with combination of moving average. If you want that I should...
Good evening friends, Level to watch : 810 till its above that on closing basis then bullish for details watch video. Regards.
How to trade demo account on tradingview. Hope this video help and guide you?
Market timing is an essential tool whether you're a day-trader, portfolio manager and/or long-term investor. I present to you the most underrated technical analysis tool in the space of retail trading. The purpose of this short educational webinar is to open your eyes to something you don't hear about abundantly because it is the most disregarded aspect of trading...
Weekly High and Lows usually forms at Sunday or Tuesday, this is very important because if we can detect can catch those points, then we can make a lot of pips.
20 hours ago Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions or suggestions. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please adhere to good risk management. Also like, follow and cheer, thank you...
Dear readers and TradingView, today, it has been one year since our first publication. Therefore, we would like to express our gratitude for your immense support. Additionally, we prepared an education topic on indexes and oscillators for you. Indexes Indexes are cumulative sums of data, like price, volume, etc., continuously measured over time. Indexes are...