1. Introduction The U.S. presidential election in 2024 is set to bring new leadership, with a new president guaranteed to take office. As history has shown, political transitions often have a profound effect on financial markets, and crude oil is no exception. Traders, investors and hedgers are now asking the critical question: how will WTI Crude Oil futures...
Technical Analysis Using Elliott Wave Principles on exampled chart of SBI Cards (Daily Time Frame) This analysis is for educational purposes only and is not intended as financial or trading advice. Market movements are inherently uncertain, and the analysis is based on one possible interpretation of the Elliott Wave structure. Please consult a financial advisor...
Hello traders. In this article, we dive deeper into another detailed way of seeing Bitcoin's potential end-of-cycle pattern. This is the 2nd part to the previous post that discusses Bitcoin's cycle using the Elliott Wave Theory - a comprehensive and subjective theory. Here, we will be exploring an alternative scenario that builds on our previous concept of...
In this video, I am explaing why besides the price and time we need to measure another factor on the chart which is called Sapce. Please comment and let me know if you want to know more about it.
In this video series, we provide an overview of the formation of highs and lows, and how trends develop in the market. We also introduce and analyze support and resistance zones within charts. Additionally, we introduce a factor that can reinforce the likelihood of forming uptrends and downtrends on the charts.
My Trading Philosophy: ✨ Simple but Powerful Rules ✨ Strict Risk Management Disciplined Execution Focus on Growth With a 1:5 Risk-to-Reward Ratio, even a few winning trades can double the capital. 📈 Current Setup in Gold: 🔍 I'm currently on the lookout for a 1:5 Trading Setup in gold based on my strategy. I believe it's forming soon, and in the last 2-3...
If you see a triple zigzag from a 'pro Elliott Wave analyst,' run and save your money! It's a rare wave pattern and shouldn't be labeled in real-time.
Understand Sub-Waves inside a major wave in a huge part of the Elliott Wave theory. Each wave weather that's an impulse or correction is made up of smaller subwaves, which either play in the label of I,II,III,IV,V or A,B,C,D,E during a correction.
Technical Analysis Using Elliott Wave Principles on example of Larsen & Toubro Ltd. (Hourly Time Frame) The analysis presented is purely for educational purposes, demonstrating the application of Elliott Wave Theory. It is not intended as trading or investment advice. Markets are unpredictable, and all analyses have a degree of uncertainty. Introduction to...
This article will concentrate on the fundamental aspects of identifying the conclusion of Wave 5 within the framework of the Elliott Wave Principle. According to established guidelines: 1) Wave 5 typically projects to 61.8% of the distance covered by Waves 1 to 3. 2) The minimum extension is set at 38.2% of Waves 1 to 3. 3) In instances of extensions in the fifth...
I am going to reveal 4 trade management strategies that will change the way you trade forex. These simple techniques are aimed to minimize your losses and maximize your gains. 1. Trading Without Take Profit Once you spotted the market that is trading in a strong bullish or bearish trend, there is one tip that will help you to benefit from the entire...
In this video series, we provide an overview of the formation of highs and lows, and how trends develop in the market. We also introduce and analyze support and resistance zones within charts. Additionally, we introduce a factor that can reinforce the likelihood of forming uptrends and downtrends on the charts.
In this article, I will share books that were useful for me in the process of studying trading and the Profitunity trading strategy by Bill Williams. Bill Williams "Trading Chaos 1 and 2" ♡ The first and third books by Bill Williams contain complete and up-to-date information on the Profitunity strategy. The second book "New Trading Dimensions" is...
In this video series, we provide an overview of the formation of highs and lows, and how trends develop in the market. We also introduce and analyze support and resistance zones within charts. Additionally, we introduce a factor that can reinforce the likelihood of forming uptrends and downtrends on the charts.
In this video series, we provide an overview of the formation of highs and lows, and how trends develop in the market. We also introduce and analyze support and resistance zones within charts. Additionally, we introduce a factor that can reinforce the likelihood of forming uptrends and downtrends on the charts.
Today’s sharp 2.2% SPX decline wasn’t a surprise for those who looked closely at the options metrics after Friday’s spot price fakeout . Ahead of the long weekend, market participants priced in the downside with both short- and long-term options . BEFORE TODAY OPEN Put options were nearly twice as expensive as calls at equivalent Expected Move distances...
Here's an in-depth look at Volume Spread Analysis. We use tape reading to gauge future price movements based on the magnitude of previous price movements. This helps us determine the driving force of the market and position ourselves on the same side as the large operators within any market. The key is understanding what VSA allows us to see. Volume = activity...
Cast your minds back to the end of 2015 guys. I know you probably have no recall on the Gold-price. So let me tell you how the Gold price was behaving at the end of 2015. For several years prior (approximately) 2012-2015 the Gold Price was trending down to a support level around December 2015. Now, take a look at the 3 MONTH-Chart for XAU USD. What do you...