Science Has Proven That Reading This Education Post Will Either Put You To Sleep or Put You On Your Path To That Lamborghini. Let's Start From The Beginning... (Print this entire tutorial as a reference) WHAT IS GRID TRADING? Grid trading is a type of trading, typically managed by a dedicated Grid Bot. In a nutshell, you select a range, you...
Charles H. Dow (with Edward Jones and Charles Bergstresser) founded the Dow Jones & Company Inc. and developped the Dow Jones Industrial Average (the big new thing back then were big industries, now it is big tech giants Apple Amazon Google Facebook... Next is going to be renewables and biotech nah just kidding next is a huge recession and WW3 and the end of...
All information given inside the chart and i shared this for educational purpose to learn Elliot waves to identify the trend and forecast of the future market.
Daily Chart After two days of HIGHER closes, we had good news, a steep drop yesterday. Weekly Chart After two weeks of LOWER closes, are we heading for a third? Lets hold thumbs. 1 Hour Chart It looks like BCOUSD is in a complicated combination correction WXY (Elliot Waves) still looking for the Y-leg.
Hello everyone, As I'm writing this, the market is currently in a downtrend, and there are many people trying to predict where the price might go. This is a very difficult thing to do and most end up completely wrong. In this idea, I'm going to share with you guys my method to buying during a drop in the market. ================================== What I've...
There's a concept in game theory called the Nash Equilibrium . It can be applied to any game and determined with algorithms but there may be none, there may be many or there may be one we don't know how to find yet. In the game of trading/investing, Everyone (who is rational) would be looking to maximize their own gains with regards to everyone else doing the...
As we know Elliot wave theory there is A, B and C. So if A is an impulse and B is a corretcion then the C is our trade as another impulse. On the chart We can see that potentsial C is on the Horizon and targets may extend a lot lower as bigger picture 38.2 is usually minimum to hit. So expect price to test at least that level or lower. I also think that one ABC is...
ZCL and the emotional market cycle. The resemblance to the classical pattern of boom and bust is uncanny. wallstreetjackass.typepad.com The boom manifests itself in 5 wave impulse move. Checkout Elliot Wave Theory. www.babypips.com The bust culminates in a 3 wave correction down to the vicinity of where it all started. If you can identify these patterns in...
Hi everyone. I just wanted to share little bit of my knowledge and learning in the forex market with you all so you can benefit from it too. I started learning trading 3 year ago. Fundamentals and News trading were what I started with. As a news trader you need to watch the market news on fundamentals (such as central bank decision makings on bank interest rates)...
Hello Traders, I would like to remind you there is fantastic wave theory – Goodman Wave Theory. Work incredible good and precise. It is real compare Elliot Wave which is very subjective (no offense). cheers, Jim
Hello Traders : This is the Guidelines of Elliott Wave for those who are interested in Wave analysis I Hope It Helped PEACE
Hi Friends, I have left the above Nifty chart without proper description on purpose. Just take a look at the chart, if you can understand why those lines are drawn, its fine. If you don't then also its perfectly fine. But whats not fine was,taking trade decisions without knowing what those lines where.Do you think complex systems are better than simple trading...
TEST YOUR TRADING SYSTEM I will not go deep into this, because it quickly becomes a shouting match on who has the best system, which is usually more about ego than fact. It is sufficient to say that I have seen / know of profitable traders who use fundamentals, price patterns, Elliot waves, renko, moving averages, structure levels, pitchforks, trend rules and...
I have been very lacking in producing educational content. I know a lot of you follow for my analysis, some others for my indicators and some others for my educational content. While I have been getting back in the groove of posting for the later 2, I have neglected those interested in educational content. So voila, here we are with an educational post! In this...
I’m going to show you a simple trick you can use to make your MA strategy effective. For most traders, identifying the trend is hard. Using a moving average might be the best solution because of its objectiveness. (because we are using pure math when using MAs) The common way to trade MAs is to buy if price is above the MA and to sell if price is below the...
I wanted to do a fun and, yet, educational post, and a topic that kind of intrigued me was discussing why you… yes, YOU.. should learn at least some Pinescript. So, I wanted to talk about the top 10 reasons why you should learn Pinescript if you are an active day or swing trader, or even if you’re just an investor. But first, let me preface this with my personal...
If you find this info inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! Well they are not mine, just some techs I use when dealing with impulses. A bit of KCT. A bit of Elliott wave and Elliot wave All consistently used in my analysis. If helpful, throw me some love and I'll post some techs on channeling...
Hey everyone! 👋 ⚠️ Before we get started, please know the information about expected price targets provided by Auto Chart Patterns isn't a recommendation for what you should personally do. Do not take this data as investment advice. It should only be used for education and research. As with any trade, always look first and then leap. Read more in the Terms of...