Gaps and How Markets Move In Contraction and ExpansionThere are several ways to trade gaps but first, there should be a solid understanding of what Gaps are and how they show up. Markets aren't that hard to read if we have some simple ways to see them that adhere to the principles of movement.
All markets move in contraction and expansion. A Gap is the sudden supply/demand imbalance that comes out of the contraction and shows up as the expansion. These expansions can even be used to measure how far the next expansion will go.
Start with a simple bar chart and erase everything else off the chart. Look and simply see the dense areas of contraction (Range). Then see the expansion (Gap), followed by another contraction.
Look for same-size contractions and expansion and you will start to see how organized price flow can be. It's no different than swings in that minor contractions and expansions make up the major contractions and expansions.
Shane
Swingtrade
How to Day Trade or Swing Trade S&P500 Part 2Hey Traders,
So this is part 2 of the previous strategy I talked about with the stock indexes. I used to trade the Forex, Commodities, Crypto and other markets. But in my opinion these stock indexes are the best markets of the all to trade because they move daily with strong volume and give you multiple trading opportunites. So lets look at now how we can truly fine tune this strategy and turn it into a great method. In the future I believe I will only focus on trading the stock indexes S&P500, Nasdaq 100 and Russell 2000.
Enjoy!
Trade Well,
Clifford
day trading forex strategies price action for beginnersIn this video, you will see me analyse my forex watchlists to look for trading opportunities
day trading for forex beginners
day trading forex strategies
forex day trading strategies for beginners
day trading forex strategies price action for beginners
How To Use Higher Time Frames To Swing TradeIf you struggle with what timeframes to analyze longer movements before entering trades, this video is for you.
I personally struggled with multiple timeframe analysis. I thought I had to use every timeframe to enter a trade. It wasn't until I got clear on the type of trader I was and stuck to two timeframes at a time is when the market began to become more clear to me. If you can relate this video is for you.
Analysis of Recent Winning 5th Wave Trade on GNRCOn October 15th 2019 we posted a trade idea on our TradingView Profile >>>HERE<<< for a potential 5th wave long swing trading opportunity on GNRC.
This video explains the subsequent bullish move to hit our original 5th wave target and then a further 5th wave swing trading opportunity. This is a great example of our Elliott Wave Indicator suite in action during strong trending moves on Stocks, but is also as effective on Forex,Futures, Commodities and crypto currencies.