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Fibonacci

Nasdaq and S&p500 short: Completion of B waveI mentioned in my previous analysis that we are waiting for a short (the previous one was a long-then-short linked with this idea). I did not post any short idea yesterday after that NOT because I am good and recognize a double combination. It's really because I was too busy with work and I am glad my last was a long-then-short. Back to this, remember that the huge volatility has caused the points in the chart to compress and thus even though the stop loss looks small, it is actually still quite a number of points away. So my suggestion is to manage your size and keep it small relative to your account. Good luck!
OANDA:SPX500USDShort
by yuchaosng
4
Why you should WAIT for trades to come to YOU!In this video, we dive deep into one of the most underrated but powerful habits that separates consistently profitable traders from the rest: waiting for the trade to come to you. It sounds simple, even obvious. But in reality, most traders—especially newer ones—feel the constant urge to do something. They scan for setups all day, jump in at the first sign of movement, and confuse activity with progress. That mindset usually leads to emotional trading, overtrading, and eventually burnout. If you've ever felt the pressure to chase price, force trades, or trade just because you're bored… this video is for you. I’ll walk you through: 1. Why chasing trades destroys your edge—even when the setup “kind of” looks right 2. How waiting allows you to trade from a position of strength, not desperation 3. The psychological shift that happens when you stop trading to feel busy and start trading to feel precise 4. How the pros use waiting as a weapon, not a weakness The truth is, trading is a game of probabilities and precision. And that means you don’t need 10 trades a day—you need a few good ones a week that truly align with your plan. Patience doesn’t mean doing nothing, it means doing the right thing at the right time. And when you develop the skill to sit back, trust your process, and wait for price to come to your level… everything changes. Your confidence grows. Your equity curve smooths out. And most importantly, your decision-making gets sharper. So if you're tired of overtrading, feeling frustrated, or constantly second-guessing your entries—take a breath, slow it down, and start thinking like a sniper instead of a machine gun. Let the market come to you. That’s where the real edge is.
Education
by Road_2_Funded
7
Nasdaq Short: Adjustment in Primary Wave CountsI've made changes to my original wave count where wave A has ended on a short 5th wave. However, the strength of the rally today made me revisit the counts itself and I realised that it is actually more appropriate for the 5th wave to extend. I studied if there is a relationship if I moved the original 5th wave down 1 degree to become a 1st of 5th and I was truly taken aback when the relationship was crystal clear and staring at me but I was too blind to see it (actually, I was too busy at work to study the charts again which is why I only publish this 2 days later). Now that Wave A has completed, the strong rally these 2 days can be easily accepted. Are we going into a wave C crash? I believe so. So sit tight and enjoy the ride! Remember to keep your risk tight. I can be wrong (as I often do). Good luck!
OANDA:NAS100USDShort
by yuchaosng
Nasdaq Enters Correction Territory Do we go Deeper Monthly analysis done on the NQ with the ambition to connect with current price activity and gauge a deeper technical understanding on if this is just the start of a bigger correction for the year ahead . Tools used in this video Standard Fib , TR Pocket , CVWAP/ PVWAP Incorporating PVWAP and CVWAP into trading strategies allows for a more nuanced understanding of market dynamics used to assess trading performance and market trends. Date and price range and trend line . Some research below regarding the previous correction that I reference the technicals to in the video . In November 2021, the Nasdaq reached record highs However, concerns over rising inflation, potential interest rate hikes by the Federal Reserve, and supply chain disruptions led to increased market volatility. These factors contributed to a correction in the Nasdaq, with the index experiencing notable declines as investors reassessed valuations, particularly in high-growth technology stocks. VS Today March 2025 Correction: As of March 2025, the Nasdaq Composite has faced another significant correction. On March 10, 2025, the index plummeted by 4%, shedding 728 points, marking its third-worst point loss ever, with only earlier losses during the COVID-19 pandemic surpassing this. This downturn has been attributed to several factors: Economic Policies: President Trump's announcement of increased tariffs on Canada, Mexico, and China has unsettled markets, raising fears of a potential recession Inflation Concerns: Investors are closely monitoring upcoming consumer-price index (CPI) reports to gauge inflation trends, as higher-than-expected inflation could hinder the Federal Reserve's ability to lower interest rates, exacerbating stock market declines Sector-Specific Declines: Major technology companies, including Tesla, have experienced significant stock price declines, contributing to the overall downturn in the Nasdaq Comparison of the Two Corrections: Catalysts: The November 2021 correction was primarily driven by concerns over rising inflation and potential interest rate hikes. In contrast, the March 2025 correction has been influenced by geopolitical factors, including new tariff announcements, and ongoing inflation concerns. Magnitude: While both corrections were significant, the March 2025 correction has been more severe in terms of single-day point losses. The 4% drop on March 10, 2025, resulted in a loss of 728 points, marking it as one of the most substantial declines in the index's history. Investor Sentiment: Both periods saw increased market volatility and a shift towards risk aversion. However, the recent correction has been accompanied by heightened fears of a potential recession, partly due to inconsistent government messaging regarding economic prospects. In summary, while both corrections were driven by concerns over inflation and economic policies, the March 2025 correction has been more pronounced, with additional factors such as new tariffs and recession fears playing a significant role.
CME_MINI:NQ1!Short
by SJTRADESFUTURES
2
SPX500 & Nasdaq: Confluence! Confluence! Confluence!With consumer confidence off at circuit breaking levels, the market, technically, has reached extreme levels of support. Let's look at it: Technicals: (1) Horizontal Levels of support (2) 50%/61.8% fib confluence (3) exDiv1 (4) extreme indicators (5) Chikou span testing cloud support (6) 28% drop is SPX All of these levels are lining up around the same location. And just like in real estate "Location! Location! Location!" is the adage; in markets, "Confluence! Confluence! Confluence!" is the adage!
FX:SPX500Long
by Rocketman
13
Bitcoin Elliott Waves Analysis: Short opportunityIn this lengthy video, I discussed the details of labelling and counting of waves for Bitcoin from daily to the 5 mins timeframes. I drilled down to the minuette waves (in orange) on the 5 mins timeframe. Take note that I made a mistake in the actual config of one of the orange waves (setting it as minute instead of minuette). The mistake happened on the 9:15 where I changed the color of the corrective wave A-B-C but did not change the degree. In this video, I also discussed the alternate counts (in blue) in details. But while both the primary and alternate counts are both short bias, the target entries (and thus risks) are different. if you are an aggressive trader, and want to trade on the alternate count, your stop will be set above the blue line where the alternate count is invalidated. If you are trading on my primary count, you will want to see reversal pattern (e.g. candlestick reversal) or see rejection at the red line. In any case, good luck in your trading and remember to keep your risk tight!
BINANCE:BTCUSDShort
by yuchaosng
4
Nasdaq Elliott Wave Update on Short Position ManagementIn this video, I go through exactly how I plotted the wave counts that I published on 3rd April (linked to this idea). I also show how to estimate price target using support and Fibonacci extensions. Lastly, I talk about trading productivity again and why I recommend to take out some of your short position. There are 3 main reasons: 1. We have completed wave 3 of 3 and is now going into wave 4 (and wave 4 are notorious for being unpredictable and may even have triple combinations). 2. We are what? 80% in the money and it happens very fast. So productivity wise, it is good to take some money off the table. 3. Weekend risk. I am putting this idea as "Neutral" even though I am still expecting a wave 5 down. Reason is because we are in wave 4, and also because I pray that I can find time to update again when wave 4 ends and wave 5 of 3 starts. Good luck!
OANDA:NAS100USD
by yuchaosng
3
MSFT Short to Neutral: Last Wave 5 of 3 (Target: $364)A video update to Elliott Wave Counts and Price target for MSFT (and Nasdaq). A summary: 1. Intermediate wave 3 of 3 has ended. 2. Intermediate wave 4 of 3 has ended in a double combination. 3. We are in Minor wave 3 of Intermediate wave 5 of Primary wave 3. 4. Using Fibonacci Extension from Minor wave 1 of against overall Intermediate wave 5 gives us a target of $364, which is within a support zone. This is the Primary Wave 3 completion target. 5. Using Nasdaq, we also noted that we still have a little bit more to our final target.
NASDAQ:MSFTShort
by yuchaosng
2
Nikkei, S&P500, Nasdaq, Hang Seng Short: Educational UpdateThis is really an extra video that I made because I see some educational value. I use Nikkei 225 to show repeating of patterns and the fractal nature of the market, S&P and Nasdaq to demonstrate the usage of Fibonacci levels and study of historical support and resistance, and finally Hang Seng to discuss on placing stop losses and how noise in lower time frames may require us to ignore certain "unclean" waves. Overall, I still put this idea as a short because all the indices used are still short ideas in my opinion. Good luck!
OANDA:SPX500USDShort
by yuchaosng