Well, I do. The technical analysis has many methods that could be followed to make money. Sometimes emotionally you attract to one method than others and here is the problem. I tried several times to use Elliot waves solely even if traditional classical analysis such as chart patterns are very clear. This triangle of them.
Explanation on the chart. I use this along with ADD/TICK/UVOL-DVOL for internals to ensure i'm not going against the grain. Other important reference points are previous days and weeks range.
As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries. me On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC. Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as...
As annotated on the chart, weekly pivots combined with volume profile and VWAP bands can give high % entries. On responsive days, VWAP bands give accurate points of entry for a move back to the current VWAP or POC. Be wise to the the of day that is developing, and use the appropriate strategy. For example on trend days do not play for responsive moves as you'll...
This is a great example for traders of all timeframes to study. I don't really have time for people basing trades on wide zones - that's fine for analysis, but for a TRADE, you've got to see the fight at a specific level. When you draw these correctly, you can get a really great picture of evolving sentiment and balance of power shifts. Most traders treat...