It does not mean because you can trade every pair in your trading platform you should... I am not sure what is going on in this idea that I have because I am just letting the pair go for now but I wanted to show you the thinking process of this failure...
Decided to publish this to show how I go about analyzing a market with contradicting signals
A sideways market, or sideways drift, occurs where the price of a security trades within a fairly stable range without forming any distinct trends over some period of time. Price action instead oscillates in a horizontal range or channel, with neither the bulls or bears taking control of prices.
Hello traders! Today we will talk about cryptocurrencies, specifically NEO and its price action from Elliott Wave perspective. NEOUSD made an impulsive five-wave cycle from March lows, which suggests a bullish reversal at least in three waves A/1 - B/2 - C/3. Since the beginning of June, seems like NEO is making a three-wave a-b-c correction, where wave "c" is...
Our forecast is expecting bad numbers if this happens we are going down for a retest of the previous structure as we saw multiple rejections.
EURSGD has to pullback before a major move to the upside, carefully watch price action before jumping into a short.
This thing is a complete masterpiece. I took the buy and sells from Lambo Script and plotted a background so I could see where it was buying and selling. As I was cleaning up the code, it dawned on me that I did not need multiple conditions for buys/sells. I only needed at 4 at most. This is a visualization of how it buys and sells. It looks almost like the Heiken...