Contraction, Expansion, and Trend Phase
*also known as the Forex Master Pattern *
The contraction, expansion, and trend phase, or the Forex master pattern, is a trading methodology that focuses on identifying and capitalizing on the recurring patterns and phases that occur in the markets. They are based on the concept of these three market cycles.
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HOW TO MANUALLY DRAW THE MASTER PATTERN CONCEPTS
# STEP 1 - Identify the Contraction Phase
The contraction phase consists of a tightening of price where there is a simultaneous lower high and higher low, this is where the supply and demand equalize in the market. This is a leading indication that volatility is coming next.
You want to look for places where...
THE 3 PHASES OF THE MARKET
The market goes through 3 phases, these phases can be seen on all assets and on all time frames. They happen on repeat.
These phases can be identified and market on your chart, to understand the true intentions of the market and also predict what will happen next.
1) CONTRACTION PHASE
When price forms a LH and HL this is the...
There are several types of Fibonacci tools that are commonly used in technical analysis, including:
📊FIBONACCI RETRACEMENT
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.Each level is associated with a percentage. The percentage is how much of a prior move...
There are several types of Fibonacci tools that are commonly used in technical analysis, including:
🦄FIBONACCI RETRACEMENT
Fibonacci retracement levels—stemming from the Fibonacci sequence—are horizontal lines that indicate where support and resistance are likely to occur.Each level is associated with a percentage. The percentage is how much of a prior move...
Ranging markets are difficult to trade. Most traders find themselves stopped out in a range market and wonder why. It is very simple. Ranging markets have a short range. Meaning the price movement is very tight. When traders are trying to hit their 1:2 or 1:3 risk reward targets, they become frustrated and wonder why they are loosing. Some remedies I suggest...
Wave Relationships and their relation by Fibonacci Ratios are among the most helpful tools for target prediction.
There are different types of Fibonacci and different tools with different names in different software packages. This may make users somehow confused . Here, we try to shed some light on various mostly used Fibonacci types and explain their usage...
Dear friends!
I continue describing oscillators developed by Thomas DeMark.
In my previous articles, I have already explained such tools as
TD REI and TD POQ (look here ).
In this post I’ll continue describing technical tools developed by Thomas DeMark.
TD DeMarker I
I’d like to start with the TD DeMarker I indicator. It is similar to TD REI and aims to...
9.11.20 OIL It is worth listening to what happened in this market and what it means for a market to "expand" and how the probability for a market to move significantly higher may requited that the market moves lower first. Price Action: Expansion: How expansion can reduce risk.
Fibonacci expansion is usually used to forecast key levels and areas where a price movement will have a high probability of exhausting in relation to the previous correction.
Practical Exercise
1) Pick a currency pair, it can be any currency pair, any timeframe.
2) Based on the most recent development in price, apply the fibonacci expansion tool.
3) Post...
