Hello Guys! Today we want to share with you our educational idea. We are curious what you think of that. Recently we observed Sentiment Oscillator. It can be useful when measuring general sentiment on the market regarding certain assets. It gives a good idea of the investors’ approach. It also shows when trend is to be changed from positive to negative and other...
Hello traders! We have noticed a recognizable pattern with pretty clear wave structure, which suggest more upside in upcoming days. Looking at daily chart, we can see an impulsive five-wave drop from 1.6155 highs and in EW theory, after every five waves, a three-wave (A)-(B)-(C) correction follows. As you can see, EURCAD also broke a channel resistance line,...
These ideas are not an instant order trading setups. All these trading plans needs for clear confirmation pattern signals in order to place an active order
similar scenario presenting itself here with ujsdjpy, patience and proper risk management will be key to catching these big moves. price has pulled back to 61.8 Weekly Fibonacci at 106.0 is where I will be marking my low for it. if this level holds I will be holding longs with target of 111.00 keep in mind that I am watching all my other indicators to lign up...
Bulkowski's Big W. Keep in mind that we are in a long term down trend, making this riskier than usual. In fact I am bearish and short so this goes against my bias, but the possibility serves as an education for myself and documented specifically so I do not lose the chart. Enjoy. Characteristic | Discussion Price trend: Downward leading to the pattern. Shape:...
Yesterday EURUSD H&SH pattern trading idea has not been completed as H&SH pattern was violated. Now in this video setup we using RSI divergence Trading Strategy to short EURUSD. This video is based on my trading plan, that i wanna take an opportunity. Also you may learn on how to trade RSI divergence in this video. This video at the same time and trading plan and...
Support and resistance levels are critical in financial markets. They are very similar to pivot points, except simpler. When the price of a pair goes up to $10,000 and goes down to $9000 USD, that $10,000 USD zone is now resistance. If it bounces from $9000 and up to $11,000, the $9000 level is now support and the $10,000 resistance is now broken and could...
If you understood the fundamentals you would've bought the USDCHF after the fall on Friday, why? Because while we had beautiful technicals for the the sell going down we also had the passage of the US tax bill which if you understood the fundamentals you know would result in a rally in the USD. So many traders lost all their profit from the fall because they...
Here is my trade for Eur Aud short I saw this area where a lot of seller have been pushing buyers down quite a bit first signal as a higher high was never made second double top and the market quickly reversed showing sellers are in control third the market hit my trendline and reacted quite quickly to it with price action therefore my analysis is if we...
Good morning everyone So looking at this market I have shown why I choose to enter this market, showed you were my stop loss is and using supply and demand and pitchfork with a couple projection tools this is my analysis of the peso so far. if the buyers hold the market here you can see a tp blowing up with a 1 to 9 risk to reward. If we go south and blow...
in this example i have explained how to enter a very strong bullish market after a zigzag correction , and why it is considered a very strong bullish market feel free to ask any questions share , follow and likes are appreciated ! best of wishes
this is only some educational thoughts to help the traders who are interested to learn trading with elliott wave
Continuation of S&P 500 study, X axis (time) and Y (price). (A) If we display the sections of growth of the S&P 500, by illustrating each period of rising price, with a green square, we get three (3) distinct periods periods 1. and 2. and 3. (B) If we insert these squares 1. and 2. inside the square of period 3. and that we place the square of period 1. down...
Observation: Once again the price went to test the upper limit of the Down Trend Channel, and there where no more buying interest in this area so the price falls again and made a new Lower Low .... Look the importance to look for trades around the extremes
Hey traders. Here I have provided some notes of mine for the very basics of the Elliott Wave 5 wave structure. I am open to constructive criticism. All of this info is derived from the Elliott Wave Principle Book. Thanks Everyone.
Sell GBPJPY (educational) "kalbotical retracement confluence 1" 1. Up Trend line broken 2. down Trend line formed 3. second leg has a strongest momentum so possible third leg for some kind of 1-2-3-4-5 structure ) You can catch momentu e.g with Squeeze Momentum Indicator 4. Look left for S/R zone 5 perfect Fib level - .618 6. Kalbot RSI ...
Make specific trade plans for these pairs and see the miracle unfolding, if you make proper technical analysis.