AW Aussie Dollar Analysis - Weekly Long Trade Wrap Up...
A good question posted by a viewer leads the topic of conversation in this first weekly long trade wrap up video.
I think moving forward things should become clearer.
There is an old saying that finding the start of Wave 3 is the hardest thing to do.
Of course, I do not believe that myself since creating AriasWave but I do think a lot of people still think it is true.
I assert that it is not the start of Wave 3 that is difficult to find, rather it's any real understanding of the waves per se.
If you back test every wave that has ever occurred, you will see AriasWave encoded in its DNA.
Except you need to be bothered in the first place and most people are lazy and want to get rich quick.
I was once guilty of this too and I decided to find out how Wave 3's begin and all surrounding waves every time.
Once you see that these patterns exist everywhere all the time your whole view of markets change.
You start to realize that it's not BS fluffed up fundamental data that drives the market.
Instead, you begin to realize that its raw unadulterated herd psychology that is living and breathing in every wave and cannot be manipulated at its core.
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 the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
I think moving forward things should become clearer.
There is an old saying that finding the start of Wave 3 is the hardest thing to do.
Of course, I do not believe that myself since creating AriasWave but I do think a lot of people still think it is true.
I assert that it is not the start of Wave 3 that is difficult to find, rather it's any real understanding of the waves per se.
If you back test every wave that has ever occurred, you will see AriasWave encoded in its DNA.
Except you need to be bothered in the first place and most people are lazy and want to get rich quick.
I was once guilty of this too and I decided to find out how Wave 3's begin and all surrounding waves every time.
Once you see that these patterns exist everywhere all the time your whole view of markets change.
You start to realize that it's not BS fluffed up fundamental data that drives the market.
Instead, you begin to realize that its raw unadulterated herd psychology that is living and breathing in every wave and cannot be manipulated at its core.
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 the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
