WE KNOW THAT DOW THEORY IS PRIMARY SECONDARY AND PRIMARY AGAIN THE MARKET ALREADY SECONDARY REACTION AND NOW BJTM IS MAKING A BASE, A BASE IS LIKE A CAGE WHICH THE PRICE TRAP INSIDE THE CAGE, WE HAVE TO WAIT THE CONFIRMATION OF THE BREAKOUT OF THE CAGE, IF BREAKOUT THAN THE PRICE WILL RALLY MAKING HIS PRIMARY REACTION AGAIN, THE TARGET PRICE AREA WILL BE 750 -...
ELLIOTT WAVE HAVE 5 WAVE BEFORE DO HIS CORRECTIVE WAVE, PGAS CURRENTLY IN WAVE 3 TO 4 ELLIOTT WAVE, WAVE 1 - 2 ALREADY VALID @0.618 ELLIOT WAVE, WAVE 2-3 VALID 1.618 WE HAVE TO WAIT THE SECONDARY REACTION OF WAVE 3 - 4 @0.382 AND WE CAN ENTER AT THAT POINT WITH BULLISH HARAMI CANDLESTICK (THE INSIDE BAR) OR HAMMER, ENGULFING WHATEVER IT IS FOR THE ENTRY AND...
This is a bit of an odd one. I just thought it may be interesting to consider whether the percent movement required to get to 20k had a pattern or specific values that helped it grow or shrink. I think there is a better way of analyzing this; mostly in the deltas of the open/closes themselves without regard to '20,000', as the number is meaningless in a market...
For smart people only. Today is a very important day for the "addicts" of this project. 99.9% of people see this only as a material benefit. But only in this way it was possible to translate everything into reality. Although the whole final meaning of the idea is the opposite. People have become "drug addicts" without realizing that they are simply inflated with...
Here is a prime example of what could happen to ADA but in a greater scale. Comparing ADA/USD : BNB/USDT If you take a look at BNB, you can see the down fall trend. The red line graph is an actual line graph of that section. It is flipped in green and it follows the same exact patter. We can see here BNB/USDT is holding on to that parabolic support. Looking at...
This strategy uses a EMA Crossover of 5 &10 on the short side and both a 100 & 150 EMA Trendlines to as kind of testing levels It also uses a Bollinger Band of 100 on the hl2 source instead of closing price It also features an RSI of BOTH 10 and 100 EMA lines and a stochastic of K 14 D 3 and Smooth of 1 Using both the RSI and Stochastic can determine whena ...
Over the years I have made many common mistakes, and so I hope that by listing what I have learned, it may help someone speed up their journey to becoming a successful cryptocurrency trader: Don’t jump into trades without consideration. Evaluate, set buy/sell orders, and use stop losses! Remove emotion, look to buy during periods of fear. Go against the...
This is probably by far the best example of what a channel looks like. A channel means, price could break up, which means we'd be able to get into a LONG position or it could mean it breaks down, which would indicate we jump into a SHORT position. OANDA:XAUUSD is extremely volatile . Volatile - Adjective 1. liable to change rapidly and unpredictably,...
So today is rest and research Sunday and I wanted to share with folks how I go about creating new strategies and indicators. Hopefully this can teach traders to fish rather than giving them just the fish (of a buy/sell signal!) I was inspired by watching a Youtube podcast Desiretotrade by Etienne Crane where I saw on his chart arrows indicating where price...
Hey tradomaniacs, the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing. The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19! It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up. This is kinda...
EUR/USD: • If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a...
USD/JPY: • If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a reduced risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for...
NZD/USD: • If price impulses pushes back down below our lower rayline and a subsequent tight flag forms, then I'll be looking for a reduced risk entry on the break of the flag. But if the flag forms close to our rayline, then I'll be hiding my stop loss above the rayline as illustrated for extra protection. • If this setup doesn't present itself then I will...
NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
NZD/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
GBP/AUD: • If the corrective piece of price action that has just formed develops a little further and in doing so it allows me to draw a trend line both above and below it on either the one hour or the fifteen minute chart, I'll be looking to place an order just below the lower trend line that I subsequently plot. • If price pushes down below our rayline...
EUR/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...
GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the one hour or the fifteen minute chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a convincing push...