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Harmonic Patterns

Day or Swing Trading Avoid impulse Buying To be successful in Market : Buy or Sell at price intervals {Buying all your available money at one price may cost you time and profit opportunity } Before trading identify two key point that is lowest price and highest price of the candle or series of candles Instead buying at highest point with all the allocated money Buy 20% quantity at the current price Set the next buy order when the price corrects to 5% from the previous buy (% may vary based on the price value of the stock) Repeat this cost averaging 5 to 10 times during the buy prices In this way more quantity ,reasonable averaged price entry is possible Set a target price ,Do not sell all the quantity at one price Follow the ladder selling approach to maximize your returns Mainly such standards helps avoids impulse buying ,Gives more Mind contro l ,Helps reducing emotional attack over a period of time. A Rhythm is set in your mind not to panic by seeing the fluctuated volatility of the market ,Market goes up or down you will be cool to get your fish at right price
NASDAQ:TSLAEducation
by MarxBabu
HEAD AND SHOUKDERS PATTERNWhile we get ready for the holidays we thought we would post some chart patterns for our newbies over the next few days. The head and shoulders pattern is a formation of 3 peaks with the head being the highest peak (Lowest on inverse). The entry should be below the neckline (Above on inverse). The measure of take profit can be taken by measuring the peak of the head from neckline and using this range, as an indicator of the take profit level. Please do give us a like, comment and follow to support us. GoldViewFX XAUUSD TOP AUTHOR
OANDA:XAUUSDEducation
by Goldviewfx
5
DESCENDING BROADENING WEDGEDescending broadening wedge happens during a downtrend. which in case of breaking the Resistance of the wedge it can bring in a good setup for a long on the asset. Price makes a low and rises. We then track price as it rises away from the low. We are looking for lower highs and lower lows in a tight range. The lower highs make a falling trendline, this forms the upper boundary to our pattern. The lower lows make a lower falling trendline, this forms the lower boundary to our pattern. With the Descending Broadening Wedge formation, we are looking for two touches to each trendline. Both the upper and lower trendlines should fall. The lower trend line should fall more steeply than the upper trendline thus forming the broadening wedge.
TVC:SPXEducation
by Zivul33
2
Fibonacci Waves / Weak Market Hypotheses On the above chart I investigated the relationship and continuation of 'waves' within the Fibonacci Circle. Due to its incredible success, I decided to look over it again. On this chart I show very comparable formations (formation 1) (formation 2) Formation 1 is contained within 0.786, while formation 2 extends through the 1 level Applying the same Logic with the continuation through 2.618, the bars pattern placed is price inverted from previous move through 2.618 The Weak (form) Market Hypothesis suggests " that today’s stock prices reflect all the data of past prices and that no form of technical analysis can be effectively utilized to aid investors in making trading decisions." I find this interestingly applicable to this scenario, with repeated formations, in repeating fib levels.
BITFINEX:ETHUSDEducation
by Bixley
8
Quasidomo - A simple yet effective set-up (Reversal)Greetings my fellow traders, today we'll be talking about a set-up which I find, is often underused. A simple yet effective set-up that gives you extra confluences on your trend reversal trades - Quasimodo. There are different kinds of Quasimodo entries that a trader can engage in, but today, we'll be talking about the trend reversal variation. Structure movement : Price is trending, making higher highs and higher lows, before breaking structure to the downside after Peak is formed. We then have a Quasimodo line, defined as the last higher high before the Peak, which signals a possible trend reversal. Entry : Set-up is commonly known to be entered directly at the QML line, placing stop losses right above the peak. But what I have found, in which I have back-tested and deem optimal, is to also look for possible entries in the whole DP(Decision Point) area as marked in the chart. There is a possibility price could present a stronger supply zone to enter from in the form of Drop base drops(DBD), or other formations like Wyckoff in lower timeframes, etc. The main point is to look for the ORIGIN of the move that supplied the downward move, causing the Break of Structure(BOS). Doing this makes yourself less vulnerable to liquidity grabs/stop-hunts, while greatly increasing your R:R. Points to note : Stop losses should always be set at the Peak or a few pips above maximum as set-up is invalidated once Peak is broken. : Set-up applies to ALL timeframes. : Set-up is also invalidated if price breaks below MAJOR STRUCTURE after BOS. That's all from me today, a little quick-guide to share. If you're interested in the other variations of Quasimodo set-ups, do let me know and show your support, I'll be happy to start a series of quick-guides for Quasimodo set-ups. Like to support, comment/dm me if you have any questions! As always, stay safe.
BITFINEX:BTCUSDEducation
by WicksAndPips
12
C & H pattern potential of 400 and above Hello everyone Support with your Comment and like if you fund this Educational Article helpful. What Is A Cup And Handle? A cup and handle price pattern on a security's price chart is a technical indicator that resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. The pattern's formation may be as short as seven weeks or as long as 65 weeks. KEY TAKEAWAYS A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift. A cup and handle is considered a bullish signal extending an uptrend, and is used to spot opportunities to go long. Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern. It is worth considering the following when detecting cup and handle patterns: Length: Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms. Depth: Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern. Volume: Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be. What Is a Cup and Handle? A cup and handle is a technical indicator where the price movement of a security resembles a “cup” followed by a downward trending price pattern. This drop, or “handle” is meant to signal a buying opportunity to go long on a security. When this part of the price formation is over, the security may reverse course and reach new highs. Typically, cup and handle patterns fall between seven weeks to over a year. Is a Cup and Handle Pattern Bullish? As a general rule, cup and handle patterns are bullish price formations. Founder of the term, William O’Neil identified four primary stages of this technical trading pattern. First, approximately one to three months before the “cup” pattern begins, a security will reach a new high in an uptrend. Second, the security will retrace, dropping no more than 50% of the previous high creating a rounding bottom. Third, the security will rebound to its previous high, but subsequently decline, forming the “handle” part of the formation. Finally, the security breaks out again, surpassing its highs that are equal to the depth of the cup’s low point. How Do You Find a Cup and Handle Pattern? Consider a scenario where a stock has recently reached a high after significant momentum, but has since corrected, falling almost 50%. At this point, an investor may purchase the stock, anticipating that it will bounce back to previous levels. The stock then rebounds, testing the previous high resistance levels, after which it falls into a sideways trend. In the final leg of the pattern, the stock exceeds these resistance levels, soaring 50% above the previous high. Investopedia . Always Enter the market base on your Knowledge and decision. Happy Trading
Education
by Rayman13XX
RISK ON vs RISK OFFI tried to show you in this example what is the difference between risk on and risk off, what financial instrumnets rise during times of finacial stress aka risk off and what instruments rise during time of financial optimism aka risk on. RISK ON - is when investor are looking to multiply their money, they are looking for RISK. MORE RISK - MORE MONEY RISK OFF - is when investors are looking to keep/save their money, they are looking to protect more than to RISK. MORE PROTECTION - LESS MONEY P.S - Where do you think CRYPTOCURRENCY market goes? Into a RISK ON or RISK OFF financial instrument ? Comment below
TVC:VIXEducation
by AnonimFXRO
3
understand the CRYPTO market from the 10% view ditch retail PT 1here we have the total crypto market cap chart at first glance many will just see a "pull back or simply an engulfing. first thing retail will draw is try to call a random bottom without any price action to follow only hope or for the slightly advanced they will try to find some fib and use a random high to open. WRONG WRONG WRONG looking at the rules from the chart the number one thing is that higher tf prices must and always come exactly or under an open this is law u can look on any time frame and draw a simple line from a wick and it will match up exactly or very close to a previous open balance of the given trend ! why is this ? because large funds or "they" must always pair orders. it is key to understand that large funds banks, prop firms, are naturally net long so the only way the can get in and out and keep good returns is by selling when retail buys, and buys with retail sells. and like mentioned before these buys or sells coming at a previous open. reason being " they are re-entering their original position to finish a move. or in a "pull back" scenario they are booking profits meaning that they are closing large orders automatically taking the other side of retail positions causing a dip in the market. this how wicks are formed WICKS ARE NOT A REJECTIN OF PRICE! this will be explained shortly lets think about the facts of the market and the conundrum retail logic has: fact:1 90% OF RETAIL TRADERS LOSE MONEY fact2: 80% of free content and 70% of courses are just teaching you the same recycled garbage "support & resistance " "supply & demand"(s&d zones is literally s&r with lipstick) harmonics, elliot wave, fibs, CANDLE STICK PATTERNS, TREND LINES or worst of all the "break out trader" Now working off of these key 2 facts lets paint a picture of a world where 10% win and 90% lose first let me preface this by saying that yes all of these pattern can be found on the chart but all of these patterns have one flaw they always leave a gap in understanding how price is delivered, and leaves traders to take mid probability guesses at the end of the day. this is not to say that money is not made off these concepts im simply pointing out the error in this approach to a market so lets dive in. if 90% traders lose money and 70-80% of trading content are these retail concepts, then it is safe to assume that all traders are fundamentally trading the same patterns and if large a majority are trading the same patterns shouldn't that mean a larger percentage of traders make money? yes indeed but this is not the case for a number of reasons REASON#1: these patterns are too simple and easy to trade any body can draw magical support and resistance lines. do you really think large fund traders are opening their charts and finding 3 wicks marking a line saying this is support and resistance ? i think not if trading was that simple and easy everyone would make money but once again we know this is not true. REASON#2: these pattern dont give a real understanding of the market or how would large funds enter exit or book profits. at best s&R /s&D just gives you areas of accumulation, and cant tell you when price should move or even gives signs of price getting ready to move instead the trader is stuck on the side waiting for a "rejection" at a magical line they drew on there charts. how can you understand price from this logic. then for the times traders enter off of a "rejection" and lose that given trade their best reason behind why is that the s/r area just failed or "broke out" in the opposite direction. this lack of understanding/wishful thinking leaves traders to believe that the markets are random and price has no set rules. when this is simply not true. if price was random what will keep it from falling to zero or shooting to the sky at any given moment. there is always rules, structure , and control in every market. REASON#3 : you cant gather accurate data based on a random outcome if i was to ask any trader what is the probability of there given support line OR the probability of a given candle stick pattern such as the a bull/ bear flag they couldnt answer this question. this a major issue without accurate info for your case study you cant improve on your strategy. you cant find high probability set ups. then we all know what happens after s/r isnt good enough because their lack of understanding ... INDIDCATORS REASON #4: all retail logic is subjective with no hard set rules of how price should move or high probability outcomes of what price is expected to do REASON #5 INDICATORS ARE LAGGING: most to all indicators are lagging indicators meaning they only print a result or show "divergence" after price has showed its hand so while retail has 10 different indicators because there logic doesnt help them predict the market or understand price action. they use lagging indicators that FOLLOWS AND PRINTS AFTER PRICE. how ironic is this , most people think that crypto is too volatile and random and you need indicators to help make decision or where price is headed this is simply false if you can see the set up in real time you will get the alert before any indicator. not to mentions 9/10 the traders given indicators doesnt always give the same signal. so what do you do when you have an price at support, macd alerting a sell, an evening star formed (BULLISH PATTERN) and a rsi saying overbought? see how this can be confusing and leave you with no clue what to do. even then what happens when price is showing you bullish behavior while all of your indicators are flashing sell, and you end up taking a sell to lose the trade because you believed in the holy grail indicator set up. By now you should be able to see the huge problem with this approach to the market. so now lets explore my "theory" or approach to the market and see if i can correct all these problems WITH NO CONTRADICTIONS 1. the market is not random at all if the market was random there would be no way to profit on a mechanical level 2. the market is a living creature. 3 just like humans the market has habits and rules it must follow to live 4. there is always somebody in control & THEYRE TOO BIG TO HIDE THEIR FOOT STEPS! lets dig deeper before we start lets remember the natural law of polarity. if one thing is true then in turn the opposite must be true. simple if then statements should equate to one statement of truth with no contradictions. like mentioned previously there is no way a market can be random how in the world would hedge fund be able to offer a set rate of return in a random market. who would put such large sums of money in a casino like environment. with this understanding there should be key things or signs to give us a high probability in which way the market would move, and their is exactly that. (we will get to this in part two) So if the markets are not random then we should be able to see signs or repeatable patterns. this we know is true ie candle stick patterns. expanding on this belief this must also mean the market has habits just like any other living creature these habits easily identifiable once we look for them. next the market must follows rules to live this idea is backing of the thesis that markets are not random, in order for anything to survive it must have some type of discipline. Lastly their is always somebody in control and "they" are way to large to hide their footsteps. where is the proof for this?? ex#1 if you open any chart of your choosing on any time you and mark all wicks you will quickly realize that all wicks are exactly or very close to an previous open on that tf. this is most easily seen on higher timeframes (pt2 will show many examples) as stated in the beginning the reason behind this occurrence is that the people or algo thats moving price loves to get back in at previous opens of large moves or opens right before the " break out". if you take the time to go on your charts you will see its always been there. this is true for reversals as well but that wont be covered on this post for now im laying down the foundation. another reason for price to come back to previous opens is that this is the easiest way to pair orders and 9/10 at these key open levels retail will have limit orders making it easy for "them" to get out/ book profit. ex#2 if you take a look you will see that crypto always move during london session with the low almost always coming in within 3:am then a pull back / reversal at 5:am to continue into ny open at 7/8 am if you open any chart you can clearly see the low or high of the day being set around 3 then some type pf pullback/ reversal to continue with original move at 7/8 am with the high/ low of 7/8 am NY SESION staying in tact for the rest of the day. also if the pull back didnt happen by 8 most likely at 9:00 am it will occur. now the reason is due to the natural way funds flow in any market london is the most liquid session so traders are able to move price then from 8-11 am is an overlap, which will give a reason for price to pull back/ reverse allowing ny traders to enter and also catch the move of the day. from there the next key time is 8:00 pm. you will notice price always does a fake out or run up in the opposite direction during these times. why ? to entice retail to think they are missing a move fomo in only profit for a little bit then loose it all at london open/ session . its key to note that if price is moving in the opposite way of the trend around 8/9 pm that is a sign of time divergence (will cover clearly in pt 2) , and also a continuation sign. the reason its a sign of time divergence is because large position traders are not in the market most traders around this time are not on their chart to move the market. large funds dont trade 24/7 dont be fooled by this move its just a trap and a easy way for "them" to entice you to take the opposite of "their" trades. to finish this point its a sign of continuation also for the simple fact that if price ran in the given trend all day there wouldnt be much room to take positions at good prices and price will leave the "market movers" which we know cant happen. with these two examples we can see 1 the predictability of the markets leaving randomness out, we can see the market happens, we can see how the markets rest just like any other creature, and lastly see how "they" control and leave footprints on the chart without most people even seeing it. now i will like to explain what are wicks in relativity to how they are formed and also fits into this understanding. wicks are not REJECTIONS thats retail ignorance. going back to the fact that 90% lose money this must also mean that 10% of the winners HAVE 90% OF THE MONEY IN THE MARKET. this must be true if this doesnt make sense or you cant grasp this ask yourself if 90% of people loose money where is these funds going ? TO THE 10% very simple concept and if not the 10 % who else could possibly have the money ?? exactly ! so if the 10% have 90% of the money how cold price get "rejected" if there is no opposing force to reject price. do you really think that out of that small 10% of winners they would fight for price and reject each others orders when its alot easier to work together or take to the same trade ideas and take the larger percentage of traders money. also remember for this rejection to happen this must mean an entity buying or selling at the wick (at price forming the wick in real time) and we know retail cant move price. i hope this is starting to make sense. this another reason why retail concepts doesnt work. instead a wick is simply accumulations at premium prices and profit booking. picture this the 10 % opens a position at premium price in the form of a wick priofits 5,10 even 15% profit with a large position size at some point they want to book profits. so what happens they close orders at previous open of a move where there is liquidity resting, and when this happens their large positions automatically goes against the trend simply being because the size of their orders moves prices. so now if most or all of the 10% does this at the same time or close to the same time what will we see on a chart? a wick or even a huge wick, which retail will think its a rejection, some break out traders enter, some traders panic and close making it even easier for them to exit and cause more pressure in the wick formation. i hope you can start to see the real beauty of this market and understand how prices really moves. this is the foundation of my approach to the market i will probably do a 7 part series showing live examples previous examples and go in great detail to further prove my point BACK to the charts if you look u can see a classic jefe bear pattern that just formed( will explain this pattern next lesson ) and the 3d/ and 1w open has not yet been reached showing signs of further downward movement REMEMBER ALL OPENS MUST GET HIT ALL ORDERS ,MUST BE PAIRED now once the 3d open has been hit we can look for sign of reversal until the bears are in control key take aways 3d open still not hit and 1d open are still not hit with 1w jefe playing out meaning market will follow 1w strucutre untill a open is met WHATEVER TIMEFRAME U FIND OPENS BEING HIT OR ORDERS BEING PAIRED THEN 80-90% OF THE TIME THEY WILL TARGET OPEN BALANCES ON THAT TIME FRAME do dont get faked out by a wick and by now you should know how wicks work IF you enjoyed this post make sure to like comment share amd follow for more updates . FOLLOW ME ON TWITTER @YEKUNA1
CRYPTOCAP:TOTALEducation
by BIGPOPPA999
1
The importance of having a Trading PlanGreetings, my fellow traders. Today, I would like to share with you guys my thoughts on the importance of having a trading plan. First of all, lets start with a few questions in which you can ask yourself, to help further understand what you want in your own trading plan. 1. Which pair(s) am I going to trade? 2. Which timeframe works the best for me? The 4h chart? Multi-TF analysis from the 4h down to the 15min chart? 3. Which trading session is the most convenient for me to trade in based on my timezone? 4. What kind of market conditions do I want to trade in? 5. Am I more of a swing trader or a scalper? What is my personality type? Can I hold trades for long? Or would I prefer to be in and out quick? 6. What is my strategy and entry/exit plan? And there you have it. These are the questions I asked myself when I was developing my own trading plan, which of course sparked a chain of other questions I had to ask myself. Give yourself some time to think about those questions, write down your answers to it, calibrate it a little, and STICK TO IT! Your trading plan should always be systematic and mechanical, where as long as if one of your conditions to take a trade is not met, ABORT! But wait, so why is having all these important? Why do you NEED a trading plan? Well, the real question is, why not? Having a trading plan ensures that you leave your emotions out of trading. Trading is like running your own business, investing in yourself. Do you really want to do all that, without having a plan? The common human emotions that come up during trading - like greed, fear and hope - causes havoc, so having a good way to manage them when they inevitably arise can help you overcome many common trading pitfalls. Having a clear trading plan also gives you confidence to trade. Taking a trade in which you set the rules for yourself, and know it's profitable, feels good. Having a trading plan lets you manage your own expectations from the outcome of any given trade. It lets you see and tell yourself that even though the current trade may not be a win, you know that you will be profitable in the long run, because of all those hard work you put in back-testing your strategy and setting rules for it. And all that translates into you not giving yourself headache from a losing trade, allowing negative emotions emerge and affect the next trade that you take. You'll NEVER want to let your emotions from a bad day at work, arguments with friends/family, come into trading(trust me, I know). When approaching a field like trading where personal decisions translate into profits or losses, having a clear-cut and easy-to-follow trading plan can make the difference between success and failure. I can go on and on about why traders need a trading plan. But after reading what I wrote so far about what's at stake here, do I really need to say more? Are you ready to be profitable? Thank you for taking the time to read this, I hope I've not made this too lengthy. If this post does get somewhere and some of you have any questions/need help, I'll be very happy to receive your message on chat. As always, stay safe and take care.
OANDA:XAUUSDEducation
by WicksAndPips
12
What to Do with Consolidation Patterns in BitcoinConsolidation is about the turnover of stock, first and foremost. When the investors who bought more recently replace those who want to sell (and by implication have high expectations for the BTC:USDT to go higher from current levels), downward pressure on the stock is replaced by demand. This technical analysis (TA) pattern predicts a sudden and sharp price increase, and when formed properly is one of the more reliable indicators. While not always present in most stocks, when you’re certain that a consolidation pattern has formed, it can represent an opportunity to take significant profits. On the trading chart, the BTC:USDT price will look like it’s forming a cup and handle. The indicator is generated in the following phases, and in this exact order: 1) Before the cup forms. First approach what will eventually become the cup pattern. This approach is flat and sideways trading, in a very tight price range. 2) BTC:USDT fall steeply, forming the left side of the cup. Shares fall relatively steeply and quickly in price as some investors grow tired of the lack of volatility in the stock. This drop usually occurs in a matter of days and forms what will eventually look like the left edge of the cup and handle pattern. 3) Sideways trading after the drop forms the bottom of the cup. BTC:USDT eventually stop falling and enter a tight sideways range for several days. During this time, many sellers stop selling because they’re unwilling to unload their BTC:USDT at these prices. At the same time, buyers see value, thus creating a price floor that limits any further downside. Shares neither spike higher or lower as the bottom of the cup forms. 4) BTC:USDT price rises, forming the right side of the cup. For almost the exact amount of the fall (which formed the left side of the cup), and just as quickly, BTC:USDT will jump higher. The trading chart will now show price activity that looks as if a cup pattern has formed. Sudden demand overpowers the last of the sellers who would take the lower price, and after they are gone, BTC:USDT respond to even minimal buying by moving higher. 5) Reactionary fall. After the sudden price spike, some shareholders who had been on the sidelines move back in to take advantage of the price jump. Even the buyers get spooked by the speed of the move and aren’t interested in paying these “expensive” prices. BTC:USDT fall back lower, although only partially. They settle slightly lower than the high in the latest price spike, yet well above the bottom of the cup pattern. 6) The handle forms. After the spike and the reactionary sell off, BTC:USDT enter a narrow sideways trading range, forming the handle of the cup pattern. During this time, old shareholders turn over in favor of new ones, so that an increasing percentage of investors in this company expect good things from the BTC:USDT price going forward and aren’t likely to sell. Think of the handle of the consolidation pattern like a spring that is slowly coiling. The greater percent of shareholder turnover during this time period, the more pronounced the subsequent upward move will be and the more reliable the indicator.
Education
by CryptoSignalsChannel
How To Draw Bat Harmonic Pattern In this simple lesson, we will learn together how to draw a bat pattern About the School of Harmonic Analysis The harmonic analysis school is about certain patterns that occur on the chart that give an indication of a reversal in the trend, using Fibonacci ratios, and it is considered one of the most important schools in technical analysis that many analysts rely on in the world. The school consists of more than one model, but in brief, we will learn the most important and most frequent models on the chart. Today with the first pattern, which is the bat pattern.. Please follow the instructions on the chart and for any questions, please put a comment
OANDA:XAUUSDEducation
by Fx_Vanguard
EURUSD - Why this worked nicely.🎯This worked nicely and in this video, I explain my thoughts and why others made some mistakes. ✅ Traders, you are welcome to share your charts, thoughts and questions lets discuss it. Wish you a good hunt !! Dave FX Hunter ⚔ Previous analysis: ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ❗❗ This is Pre-plan That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk. ❗❗ DISCLAIMER We are the only one person who is responsible for our health, relationships, success, and money in our life's. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. The author of the analysis does not accept liability for any loss or damage. ❗❗ Legal Risk Disclosure Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Education
by David_Perk
10
AUDUSD - Learn from my mistake🎯I previously shared an idea where I was expecting the price to pull back down, Which was wrong. here is why. This is a pre-plan based on the COT and Retail positions. M, W, D, H4 Time-frames trends and Parallel Channels. I will execute on the M30 at the institutional level if all conditions are met. ✅ Traders, you are welcome to share your charts, thoughts and questions lets discuss it. Wish you a good hunt !! Dave FX Hunter ⚔ ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ❗❗ This is Pre-plan That means my view can change, depending on how the price will arrive at the level and what will be happening on the M30 in my level of interest for entry. Then I will decide if I will enter or not. So please don't just blindly follow this. The FX market is a quickly changing environment and it requires full focus on the levels for the precise entry with low risk. ❗❗ DISCLAIMER We are the only one person who is responsible for our health, relationships, success, and money in our life's. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. The author of the analysis does not accept liability for any loss or damage. ❗❗ Legal Risk Disclosure Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
Education
by David_Perk
3