We are nearing the end of this deep pullback in anticipation of a third-of-a-third wave down. You can thank Wave E for that as the very same type of news that helped it drop also helped it recover. This to me tells me that if you are not having fun trading these moves then what is the point? Never take these things too serious they are just part of a...
It turns out the whole move down was Wave 1. Wave v was extended because of Silvergate. This is why this correction is so deep. At small degree price has come to a halt because Wave (C) of Wave 5 is a Weak 5-Wave move. Watch for a reversal a .618. I will post an update once it reverses. Confirmation of a reversal when we break below 21,748. Remember to...
Apologies I just woke up and was trying to get my head around this pattern. We are expecting a Zig-Zag up from here so if you miss the first leg you can trade the second. I will be posting updates shortly. Just remember how I got you into this trade when it looked very weak, this shows you the power of AriasWave. You cannot afford to miss these moves! ...
The previous count for Wave D was incorrect. Now it actually looks properly complete. Price has already been confirmed. ENTRY: At market price or on a pullback. STOP: 20,271. TARGET: 20,958. Once again, if we break support of 20,271 then Wave 2 is over. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you...
The Type-2 Expanded Wave D only just completed and was incorrectly identified. I will now re-attempt the long position for Wave E. Details are in the idea linked below. Once again, if we break support of 20,271 then Wave 2 is over. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term...
OK so we are not really trading the candles, but they do look cool though. This idea is based on the videos linked below in related ideas from earlier. ENTRY: At Market STOP: 20,304 TARGET: 20,960 This move should be the last move in the correction, unless we break 20,303 which may incdicate that it is already done. If we do break below this level, then...
In this video I talk about a potential start to Wave E that may indeed be heading for the .618 area of 20,957. Your stop would be placed at 20,304. If we break this level, then Wave 2 may be over. I do however think we could be seeing a C-D-E pattern so therefore pay attention to these levels. Watch my previous 2 ideas that relate to this whole structure that I...
For all those interested in learning the waves here I explain a pattern I always mention; Type-2 Expanded Zig-Zag It is one of the variances of the set of corrective wave components that makes up AriasWave. The reason I teach this is because most likely you don't have a clue about this pattern. Watch the video and consider this; What else don't you know about...
In this video I continue my coverage of the correction, my apologies I am not awake 24/7 to keep posting. It would be good if I could but my analysis would suffer immensely. Check out the latest and I will post another update later today. If you learn AriasWave you will be able to perform this analysis on your own and understand the potential change in the type...
If you saw my last video which I will link below you will know how this trade started. In this video you can see the continuation of the price action since then. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following...
Thankfully we have a nice clear correction unfolding for Wave 2 of Wave 3. This makes it easier to anticipate the next decline once this correction is over. For now, we are in Wave B so we should continue to see prices oscillate in this area. With the growing systemic risk and global banking crisis developing, we should see a massive decline in the weeks ahead...
No point wondering what the hell happened last night, it's time to get back to business! In this video I explain what I believe went down and why I got it wrong. I posted this as soon as I figured out what happened so apologies if you see it late. It's been quite some process to get it happening. This move is just getting started so get back on the horse and...
In this video I aim to explain recent price action and what it means. I said we were expecting a Zig-Zag for Wave A and we got it, it was small though. Now we have all the clues in place for how the rest of the correction will play out. Leave your emotions at the door when you're dealing with markets. Now, if you don't remember the last video, I have linked it...
In this video I talk about a host of key reasons why the bottom is now in for Wave 1 down. 2 Key waves that give it away plus very bullish reversal candles on the hourly. If you are confident enough to pick lows then you should be all over this one. If price was going to go lower it wouldn't have just created these patterns. Now we focus on trading the first...
This long trade idea is based on the latest video - THE SILVER & GOLD VIDEO linked below in related ideas. Silver has printed some very clear waves over the last few years and is getting ready for a nice move up. I do not believe Silver will make a new all-time-high in this run up, so shorting at the highs is encouraged. Only trade these moves if you understand...
In this video I explain exactly what I believe is going on in the grand scheme of things. Everything you have been told about precious metals is a lie. Believe it or not, the waves are going to do what the waves will do. I believe that looking at precious metals as a safe haven asset is a fool's game. Humans will always come up with different reasons why it's...
This pattern indicates a bottom, and that a reversal is taking place. In this video I explain the reasoning behind it as we reflect on the last moves and take profit. In order to continue to make these profits and the next profits after that we need to understand what we are trading. Here I lay it all out so as to get ready for the next move. Learn the waves,...
Taking a step back and looking at the pattern it may appear that this is only Wave 1 completing now. The lack of thrust to the downside is already exhibiting signs that this is a small Wave v forming at the lows. Although it doesn't appear to have bottomed yet, we could see a retest of 21,434. Once we touch this area I would anticipate a reaction to the...