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Wave Analysis

Higher resolutionHigher resolutions aka lower timeframes have several uses: HIgh res levels 1) For more precise entries past the positioned levels. You have a level on your current resolution, a level you want to use, let's call it "X". You turn in higher resolutions, and scale in around the levels there, past the X; 2) For precise entries during positioning. You have a level that you expect to be positioned 'that way', let's call it "Y". You turn in higher resolutions, and scale in around the levels there, past the Y. An example on the chart is exactly about that. Suppose we expected a 1M level (red line) to be positioned as support. We've opened 1W chart and scaled in at 1W levels below the level; 3) Overridden levels. Forgot to mention, just as overridden waves, overridden levels do exist. It really concerns an imaginary level called value aka fair price. Usually, when you have an overridden wave -> value level in the middle of this wave, the real levels around value exist only deep in higher resolutions, and are already cleared, long time ago. So, they kinda "reactivate" again inside an overridden wave, near the value; 4) For scaling out. When offloading risk, you don't want to do it at the levels that You, yourself, expect to be cleared xD. And that includes the levels from the high ress. HIgh res waves 1) To fine tune the location of back levels. Positioning of a level on a given resolution is a so called pattern seen on higher resolutions. I can't say much about the predictive power of dem patterns, but can say for sure that fine tuning the back levels by finding boundaries of these patterns is a good idea; 2) Simply monitoring the action on higher resolutions gives information about what's happening around your levels of interest. Everything explained in "Current resolution" can be applied there. You may come up with more uses. The main part is to understand what higher resolutions are: less data in greater detail. Now how would you leverage this info?
CME_MINI:ES1!Education
by gorx1
Lower resolutionMore data on lower resolutions, smth that others call higher timeframes. Low res waves While being on a given resolution, the lower resolutions are mostly used to understand the trends within the overall fractal. In general, you want to trade along with the strong low res wave, and don't trade against an exhausted low res wave. While being on given resolution, you're interested in all the lower resolutions, not only in the first adjacent one. So if you operate on 1H charts, you also need to consider 6H, 1D, 1W etc, not only 6H. For example, imagine being in a strong up trend on 1W chart. It won't go 4 ever. There's no exhaustion in 1M wave. But here we go, and exhaustion on 1Q chart. And "suddenly", the levels on 1W chart start to position as resistances! Before that, the overall trend on 1Q surely showed some weaknesses, but there was no evident evidence. This kind of info could've been only gained from more data. Low res levels Now that's really interesting. As I mentioned somewhere before, while being on any resolution, ALL the levels from ALL the lower resolutions should be monitored. That's why people say that it's harder to trade on lower timeframes (higher resolutions), simply because they don't know that simple fact I just mentioned. They see a reversal "in the air", but, as you already know, there's always a level. So, a level from 1Y chart does matter on 1 minute chart. Yes, it does. How? The action around low res levels are somewhat common with the action around option strikes. In a sense, it's a microstructural phenomena as well. Without further analysis, what you know 4 sure is that low res levels might produce reactions, even if a level is from 1Y chart and you are on 1 sec chart. In general, they allow rapid price moves to come through, and produce reactions when prices approach these levels in normal way. Why? As you know, it becomes cheap/expensive PAST the level, never before. Now imagine price comes to a level in a usual manner, or even slower. Chances for a deep dive past the levels are low. What you do? You scale in closer to the level. And now imagine price flying fast. It'll make sense to scale in deeper with a bigger size, to get better prices, to reduce risks. Why not if the market activity allows it? It's a 1H chart on the screen there, and the yellow level is a support from 1W chart. Take a look how the 1H action unfolds around that level.
CME_MINI:ES1!Education
by gorx1
Forget about chart patterns! Hello, my dear friends and happy New Year! I wish you to be healthy and reach all your goals in trading and not only! Never give up on this difficult way which we are going to overcome together! Today we have a very important topic. How to use Elliott waves instead of classical chart patterns. This is the natural exposure why the chart patterns are garbage. I remember my third year at university when we have the trading lessons. Our teacher gave us a lot of useless knowledges about support, resistance and chart patterns. I have not understood why it should working and it was not soo intereting subject for me. That’s why I returned back to trading much later using self-education. Now I have the clear understanding why Elliott waves is the best tool and why it’s working. Most of traders even don’t understand that chart patterns is just the special case of Elliott waves. That’s why today I decided to explain you how you can change the first one to the second one. Let’s go! Double Top(Bottom) On the chart above I drew the different types of double tops. Generally we have 3 types of this pattern Double top with the second top higher than the first one. In this case we can interpret it in two ways. It could be the classical waves 3, 4, 5 and the corrective wave A at the ending stage. In this case we can anticipate waves B and C. Also it could be the irregular correcton ABC inside wave 4 (rarely in wave 2). In this case we should wait for the wave 5 after that. Traders usually execute short position on the neckline breakdown and suffer when the wave 5 smashed their stop-loss. They are wondering why double top does not working. Double top with the equal highs has the same possible outcomes. The only one difference that correction called flat instead of irregular. Double top with the second top lower than the first one. Here is the most common variant is the end of the ABC correction. In this case we have the low potential for shorting the market becuase the new impulsive wave to the upside can hit all stop losses. Head & Shoulders This is the easiest pattern for analysis. The right sholder usually is the wave 4, the head, obviously is the wave 5 and the right shoulder is the wave B. On the neckline breakdown we have the shorting potential only in the rest part of the wave C. You could correctly count waves and short that the bearish reversal bar of the wave 5 or, as a last resort, at wave B potential top. Shorting at the neckline has sence only if you are sure that the wave B was the the wave 1 of the impulsive wave to the downside if higher degree and now the market is in wave 3. We have to learn how to count waves in a correct way. I would recommend you to read the Trading Chaos book by Bill Williams because it has the best explanation how do waves work. Triangles and Wedges This part is common for all types of triangles (ascending, descending, symmetrical) and wedges (falling and rising). This patterns have the similar structure. If we faced with one of these patterns we have 4 possible scenarios. Triangle in the downtrend after the wave 3. In this case triangle is the wave 4, which is represented as the triangle correction. This correction type consists of 5 waves A, B, C, D and E. When the wave E is finished market will continue it’s move in the direction of a trend, printing the wave 5. The same, but in the uptrend. When the market showed us the 5 waves cycle to the upside and the correction is in progress. Triangle can appears in the wave B. In this case the price will continue the corrective move in the wave C after it’s finished. The same with the downtrend. Guys, of course there are much more types of chart patterns. For example, tripple tops and bottoms and so on. The purpose of this article is giving you another view of the market structure and to motivate you studying the Elliott waves theory. Believe me, it has much more potential than it seems on the first glimplse. Best regards, Ivan ________________________________________________________________________________________________ If you like my educational ideas, please smash the boost button to stimulate me make more quality articles!
Education
by Skyrexio
Number of Sunspots and Inflation CYCLESHi friends Today im going to explain about the relationship between Sunspot Numbers and Inflation rate from 1960 to now. so lets start with inventor of this theory : William Stanley Jevons's In 1875 and 1878 Jevons read two papers before the British Association which expounded his famous "sunspot theory" of the business cycle. Digging through mountains of statistics of economic and meteorological data, Jevons argued that there was a connection between the timing of commercial crises and the solar cycle. it called 5.31-Year Cycle too. In the stock market and in the economy, there are both natural frequencies and artificial excitation frequencies. The four-year presidential election cycle is a great example of an excitation frequency, and it has demonstrable effects on stock prices. The schedule of FOMC meetings 8x per year is another possible example of an artificial excitation frequency. When a demonstrable cycle period appears that one cannot tie to some manmade excitation frequency, then the supposition is that it is a "natural" frequency of the economic system. Something about the economy or the market results in an oscillation on a certain frequency which may not have a good outside explanation. Perhaps it is in how money flows. Perhaps it is in how human brains make decisions about surplus and scarcity. It is hard to know. This 5.31-year frequency in the CPIs cycle seems to fall into that category as a natural cycle, because the 5.31-year period does not match any known excitation frequency related to human activity nor the economic calendar. So that makes it probably a natural frequency. In above chart , there does seem to be a relationship between sunspots and the inflation rate. We see lots of instances when the peak of the sunspot cycle coincided with the peak of the inflation rate. There have been spikes in the inflation rate not tied to the sunspot cycle, such as the spike during the Arab Oil Embargo of 1973-74. this examples did, interestingly, come at the halfway point of the sunspot cycle, fitting the half-period harmonic principle(5.31 year cycle). The current rise in inflation fits both the longstanding 5.31-year cycle and the upswing in the sunspot cycle. Solar researchers expect the current sunspot cycle rise to end in July 2025, which is 3 years from now. But the 5.31-year cycle says a top in the inflation rate is expected right now. That would mean seeing the inflation rate bottoming around 2025 just as the sunspot cycle is peaking. Sometimes cycles present us with conflicts that are hard to reconcile. The point of the 5.31-year cycle that we can take away for right now is that the inflation rate should be falling for the next ~2.2 years. But that does not mean we get to zero percent inflation right away. The drops take a while to unfold. Inflation is likely with us for a while, and we have to get used to that idea.
ECONOMICS:USIRYYEducation
by TraderAmin-KZ
2
HOW-TO: Wolfe Strategy [Trendoscope]Just made this short video to explain the concepts of Wolfe Strategy which I recently published. Wolfe wave is popular concept among option traders. However, I have made some tweaks in this strategy to standard wolfe pattern trade rules. Entry price based on breakout No moving target - using flat target. Entry is done based on risk reward Not time bound Intelligently decides whether to place stop order or limit order Few possible future improvements Make bidirectional trades possible Better filters to chose long and short trades or when to trade Lot can be improved on Wolfe scanner to identify more patterns Exit strategy - can introduce optional trailing Thanks for listening. Hope you enjoyed and learnt something from this :)
Education
by Trendoscope
4
Trading with Candlesticks Harmony - Above 80% Win RateIn this video I discuss how to use simple wave-analysis and how to use candlesticks harmony in 5 or 15 minutes time-frames to trade with success. This sterategy even works on 1 minute time-frames for some forms of countable harmonies... --- Gerald Mann was born Mr. Peiman Ghasemi on February 16, 1988. He got deported from Turkey to Iran where he is exit banned now. Alongside trading, he is also wishing to gain the freedom to leave the country. On the other side the silence of the related governmental departments of the U.S. is obvious. There is no answer.
SP:SPXEducation
by GeraldMann
Wave exhaustionThe main purpose of analyzing waves is to understand when the current wave is exhausted aka overextended aka overbought aka oversold. What is every1 seem to miss is that exhaustion is not based exclusively on "price gone too far", but also on "too much time passed" and "not much volume was traded" as well. That's one of the main reasons why your comparative analysis, divergences on so called "indicators" do not work properly. It simply can't. These methods do not gain time & volume information from the data. When you analyze order flow on any resolution, be it 1 minute, 5 years or tick chart, you're interested in 2 waves: current wave and *the very last (previous) wave in the same direction . * including the imaginary waves Don't forget to turn in log scale when it's needed! You compare these 2 as the current wave develops and keep updating the answer to the binary question, "which of these two waves is weaker". Strength of a wave = it's ability to continue. Every wave starts strong and goes weaker and weaker, the factors are: 1) Time. Horizontal size of a wave (in bars), more time (more bars) - weaker ; 2) Range. Vertical size of a wave, higher range - weake r; 3) Volume, or inferred volume. You sum up all the volume within a wave, or sum up all the bar sizes within a wave. Less volume - weaker .* * in order not to sum up anything within a wave yourself, here you can turn in volume/range bars and simply count em. And from that moment it's like "Best of 3" comparison. 1) Time. Wave A 10 bars, wave B 5 bars. Wave B is stronger; 2) Range. Wave A 546 points, wave B 890 points. Wave A is stronger; 3) Volume. Wave A 10k, wave wave B 8k. Wave A is stronger; So at that point, wave A was stronger = wave B was weaker. This will be giving you a binary answer which wave is weaker. When the current wave becomes weaker than the last wave in the same direction, current wave is considered exhausted. P.S.: wave start in time (first bar of the wave) is the level origin itself or the first bar that touched a level if we talked about a new wave starting from an already positioned level, or about a wave started after clearing a positioned level. The more you'll think about the more it'll make sense. An example. Remember seeing fast price jumps? After some, the price reverses very fast and goes back, after others prices continues in the direction of the jump. In most of the cases the current wave (the jump) gets exhausted in terms of price, but not exhausted in terms of time (the jump was very fast). So in terrms of time and price both waves are 50/50. What is different is volume. If the current wave (the jump) had a huge volume, overall it's still not exhausted, hence it continues. Sounds familiar? Sounds logical? Just the last simple and obvious thing, in most cases you won't need to calculate sum volumes/ranges, usually at the moment of analysis the current wave is already longer and higher than the previous one in the same direction, hence the current wave is already exhausted. Yessir
SP:SPXEducation
by gorx1
1
Real wavesFrom all the dudes tryna solve it Wyckoff was the closest. He even figured out how levels get positioned as supports/resistances (he called it accumulations, re-accumulations, distributions and re-distributions). The only thing he was missing are the actual levels hehe (all these 4 volume absorption processes never happen "in the air", ain't no Phil Collins in this particular case, there's always a level). Levels & waves, one doesn't exist without another one . It's all simple: every formation of a new level and every test of existing non-cleared level starts a new wave, either in the opposite or in the same direction. Check the chart, I've marked some waves and made 2 schemes. Every distinct wave has a different color. Why? How? Wave sounds cool, "uninterrupted continuous order flow in the same direction" sounds lame and boring af. Interrupted? Each level interrupts the order flow, even for a lil sec, there's always a volume absorption process happening when levels get formed and when levels get positioned, also when levels get cleared (consumption of liquidity at the level). So, checking the level-to-level buying and selling waves is a perfect way to measure order flow aka incoming volume. Remember about fractal nature of the market => propagation of principles? It works on tick charts => it works on 1 minute charts, and on 1Q charts, and on every other possible resolutions.
CME_MINI:ES1!Education
by gorx1
Imaginary wavesAgain as with the levels, first ima tell how to locate both real & imaginary waves, then I'll explain the principle itself, what are they, why it works etc, why we need em & how to use em. It's really easier this way. Let's start with imaginary waves. First, pls read the linked "Imaginary levels: fair price aka value", it has an explanation and another common example & about the imaginary levels. As with imaginary levels, imaginary waves are, well, imagined xd, when there's nothing else, but a decision has to be made. Look at the chart as if you're in 2k13 (when ASAP dropped Trap Lord) as in the previous example in the linked study, we have an overridden wave 520-1923.7, we have an imagined fair price level somewhere around 1200. When we have an overridden wave -> we have the imaginary fair price level somewhere ~ in the middle of this wave -> that fair price level divides the real wave into 2 imaginary waves. As with imaginary levels, imaginary waves can be used for further processing.
COMEX:GC1!Education
by gorx1
WHAT IS A PIP AND HOW TO MEASURE IT?WHAT IS A PIP? The pips is the unit with which we measure the price movement of a pair. Example: If the USD/MXN pair is used. If the dollar is worth 20.7 and rises to 20.8, it is said to rise to 1 cent but in FOREX it is not measured with cents, it is measured with pips. The price of the USD/MXN chart has 3 extra decimal places 20.8 000 those 3 extra decimal places are what the pips are measured with: the pip is the fourth number after the point . If the price changes from 20.8100 to 20.80101 the price moves 1 pips, if the price moves from 20.80100 to 20.80110 the price moves 10 pips and if the price moves from 20.80100 to 20.80300 the price moves 200 pips. Pips are calculated differently depending on the pair, pairs with Japanese YEN and pairs WITHOUT Japanese YEN PAIRS WITH YEN
Education
by Ed_Ale
2
Simple Strategy with Good R&R (Works bullish or bearish) 1. identify the trend ; whether up (bullish) or down (bearish) . 2. Identify an impulse move to the up or down side. 3. Watch for a correction from the impulse, then wait for a retest and or bounce of the 800-day ema. 4. Wait for a bullish order block (OB) that closes above the 800-day ema. Then enter on the retest of the 800-day ema and go long or short accordingly. 5. stop loss below the corrections lowest low and take profit at the impulses highest high. This works on all types of assets from AMEX:SPY to FX:EURUSD to BINANCE:BTCUSDT and even CME_MINI:ES1! .
Education
by greg7077
1
GOLD | Elliot Wave | A Text Book Example?GOLD | Elliot Wave | A Text Book Example? It is extremely rare that in reality, we find patterns in textbook examples. Gold is currently presenting such an opportunity which I will explain in detail. According to Elliot's Wave theory, an impulsive wave is created by 5 waves. 3 of these waves are impulsive (1,3 and 5) 2 waves are corrective (2 and 4) According to the books, each impulsive wave is composed of 5 waves of the lower degree that can be seen in the lower chart time frames. In our real-time example, the price has created the 3rd wave of a daily chart (in red). So it should be ready for the 4th wave correction. If we look at the 4-hour chart, we can see that the 3rd wave can be broken down into 5 other waves (in blue) And the 5th wave of the third wave (in blue) seems to be completed by 5 other waves (in black) Maybe this is the moment we can see an ABC correction before the price goes up again for the 5th wave (in red). The price correction zone is expected to be 1748 - 1730 in order for the price to rise again. Thank you and Good Luck! Daily Chart! 4-Hour chart:
FX:XAUUSDEducation
by KlejdiCuni
20
Depth of corrective waves. Elliott Wave.Elliott Wave Guidelines: Depth of Corrective Waves Understanding Elliott Waves is much more then the basic rules and 3s and 5s. A largely underused aspect of Elliott Waves is the Elliott Wave Guidelines. These go beyond the guidelines for each specific pattern and are meant to assist in determining the most probabilistic wave pattern. This is just the primary guideline of this larger Elliott Wave guideline. If you have found this inspiring/helpful, please consider a boost and follow! Also, check out the links in my signature to get to know me better! Cheers!
Education
by CryptoKnee
Strange similarity between BTCUSDT 4H and USDJPY 3M I found some intriguing similarities between the BTCUSDT 4h-TF chart and the USDJPY 3M-TF chart. Although one is a chart of a short to middle timeframe, and the other is of the very long term, the similarity tells something of how a price conversatio shapes under a significant, horizontal supply zone. Regardless of whether they are the bottom formations or the variations of the bear flag, I read an Elliott-wise flat correction from both charts- what would you think? For my detailed analysis of both currency pairs, please look at my previous ideas of the links below.
Education
by jackrabbitrage
Harmonic Decomposition of Trend Exhaustion - - ALGOUSD (1h)L I N E - W O R K : The foregoing, and more, populate my Object Tree, which is summarized as a separate item, below. Any line or drawing tool that I use frequently is saved as a color-coded template for rapid repetition. Fib Space - A concrete Leading Indicator comprising several overlapping Fibonacci Trend-Based Extensions and a Retracement or two. Rather than to find Support & Resistance, its purpose is to target Volatility as the areas between highlighted zones. AVWAP Array - A fluid Leading Indicator comprising several overlapping Anchored VWAPs, as well as some some standard and nonstandard deviations and anchor-points. Although Price itself behaves violently when interacting either with VWAPs, experience shows that the crossing of key VWAPs is a Leading Indicator of high Volatility. Among the VWAps, three in particular deserve special attention, namely the 1.272 Std Deviation VWAP since the chart’s inception, below the current price, as well as those marked by this year’s dates of 2.24 (two-tone red) and 9.8 (two-tone green), above the price. Further line-work includes a Schiff Pitchfork implied by the right wing of the pattern (points ABC), and a section of a larger bullish arrow consequent to a larger Bullish Harmonic Reversal Pattern that does not fit within the hourly chart. Notice the use of S-Curves as projected future trend lines, following the conservative path of Maximum Market Pain. Price is like a pendulum. It does not move in straight lines; rather, it describes the struggle between buyers & sellers pulled into maximum commitment before shorter term swings. See below for more on Harmonics. . . . . . . . . . . . . V O L U M E : The various horizontal histograms of volume simply indicate accumulation and distribution. Volume Profiles, however, serve two purposes. 1) As a Lagging Indicator, to discover ranges of Supply & Demand, and the all-important Mean, and 2) as a Leading Indicator to corroborate entries, profit targets and stop-losses, as well as any discretionary management of the latter, if needed. Notice that each day, beginning with the Tokyo Session at 12:00 UTC, has its own 24-hour Volume Profile (see the Object Tree, below). None of these are as useful as the custom construction in my Object Tree under the name AWAP Array. In this case, Volume has been healthy partially due to the ongoing FTX Crash (as of this writing), and ALGO tends to have high Volume in general, making it a good indicator of the health of the sector. A recent spike in selling has dropped price to point C which, for those less familiar with them, is NOT considered complete until confirmation at D. . . . . . . . . . . . . V O L A T I L I T Y : This is the least understood of the the three fundamental axes of trading, or at least of my style. In any timeframe, price rises more slowly than it falls, which is to say that Volatility is the opposite of price variation. To see Volatility with any hope of clarity, it is essential to remove innate directional bias. In general, it rises sharply and declines slowly. The Question, even more than HOW FAR?, is WHEN? The mystery of Volatility tests, and rewards, patience. Generally and in this case, too, the greatest Volatility occurred at X, which coincides approximately the 9.8 VWAP and the midpoint between the price drop begun near the 2.24 VWAP and the bottom of that swing, at A. As expected, there is a rise leading into the midpoint of the pattern, B, which is also the second highest price (so far). Another peak in Volatility may be expected at D, if it is reached. Again, see below for more on Harmonics. . . . . . . . . . . . . T R E N D - E X H A U S T I O N : In order to maximize the Risk:Reward ratio, one must act at the edges, or as close as possible. Therefore, one needs an improving sense of where the potential for reversal is highest BEFORE price reaches it. Like Volatility, and unlike Volume, it is impossible to measure directly, and yet with clean Line-Work and a sound market narrative, or trade thesis, various containment and decomposition techniques exist to estimate probable areas in a chart where price vectors will reverse. In this case, a Schiff Pitchfork is implied by interwoven patterns, among other evidence. Although the Price Action in the near term may be described by it, a larger Bullish Reversal Pattern (to large for the hourly chart) appears to have completed as well, implying an even larger set of Pitchforks. . . . . . . . . . . . . H A R M O N I C S : Whether by definition or analogy, harmony implies cooperation between two or more agents. To draw X5 patterns without understanding which elements one seeks to reconcile is like a chimpanzee playing with an iPad. When I draw them, I visualize the interplay of 1) the Range between Supply & Demand, 2) the Volume Spread and 3) Probability over Time. In this case, in addition to the much larger (green) Bullish pattern completing, a smaller such pattern can be seen in the (red) Bearish Reversal Pattern whose CD Leg comprises the vector of the trade. In effect, the trade can also be seen as the AD Retracement of the smaller Harmonic Bull, since it coincides with the ABC Fib-Based Trend Extension. Upon the Red W-Pattern are superimposed two smaller bullish patterns, one completed and one potential. Of these, the second marks a point, or an area, of risk along CD Leg. . . . . . . . . . . . . F O R E C A S T : Trading the CD Leg of a Reversal Pattern is technically premature, and risky. In this case, not only the coincidence of the Fib ratios but several factors of the Big Picture, as well as the Indicators make this a decent t proposition. As always, there is a point between 1/2 and 2/3 up the vector when it will be tested (and where it tends to fail, if it does fail) therefore some profit may taken along the way. Considering the high R:R Ratio and the duration of the swing, it’s not a bad idea to de-risk. On this timeframe as of this writing, price is testing the 1.0618 custom “Overthrow” line in the template marked as a “Moving Stop Loss”. Considering recent price drops, this retest near the prospective bottom suggests support rather than a further run to the downside. Also, being a holiday weekend with other markets closed, crypto may indeed have an upsurge due to bored and/or her-eager traders. Setting the left edge of the window to the peak above X, near the 8.9 VWAP, shows the Point of Control of the Visible Range Volume Profile to be above the current price, further suggesting a price reversal in this zone. _____________________________________________________________________ O B J E C T - T R E E : The most overlooked tool in Tradingview is the Object Tree. When cleverly rooted, it enables the chartist to arrange (i.e layer) the Drawings and Indicators (if any) and then selectively toggle them on and off. I am sometimes asked about my suite of indicators, which I have listed below, per the order in which they are layered. (The settings I use are beyond the present scope.) A more relevant detail is that the major Volatility Indicators are placed in the upper windows while those which measure Volume appear in windows below the price action. In the main window, the preference is inverted. Any original Line-Work that I might create is collected beneath all (12) Indicators. Again, the purpose of this groundwork to deliberately overlap objects and to selectively turn them on or off like light bulbs in order to discover and/or important but not obvious facts about the potential action space. . . . . . . . . . . . . Tesla Coil ____________________________________ Average Volatility Movement ____________________________________ Buying & Selling Pressure Average True Range (Line) Average True Range (Histogram) ____________________________________ ALGOUSD, COINBASE, 1h Indicators VSA v6 Volume Pressure Analysis Time Segmented Volume Bands Visible Range Volume Profile Periodic Volume Profile Daily High/Low/Mid/Open/Close+Weekly/Monthly Open Volatility Stop MTF Volatility Bands by DGT Double SuperTrend ATR Moving Average Shaded Fill Area Crossover EMA Moving Average Ribbon >📁”Object Group 1” >📁”Object Group 2” >📁”etc.” ____________________________________ Time Segmented Volume Bands ____________________________________ Heatmap Volume Volume Analysis Time Segmented Volume Bands . . . . . . . . . . . . R E M A R K S : I will attempt to post a larger, higher timeframe view of the position, showing the major Bullish Reversal possibly beginning, or at least the end of selling pressure. 🧸
COINBASE:ALGOUSDEducation
by TheLeadingIndicator
2
Knowing if a trend is still valid or is beginning to failin the above image you can see, that when all moving averages do not cross or overlap one another, this indicates a strong trend/price sentiment in this direction, even after a major pullback, you'll notice the moving averages still dont cross or overlap. also on the chart image ive touched upon the very popular 1, 2, 3 trading pattern and highlighted that there's a not so obvious 4 reset wave before the 1, 2, 3 pattern starts again, the trick is check to see if the phase 4 wave causes any of the moving averages to cross/overlap before setting up your 1, 2, 3 move! because if they have crossed or one of them is overlapping the other, this signals the trend is weakening and the market may be looking at beginning a range or and new trend in the opposite direction.
Education
by algoquantix
The magic triangle of investingIdeal investment instrument = highest return, lowest risk, highest liquidity. Risk and uncertainty are an integral part of investment projects and are an important component of investment decision-making. In fact, the connection of return, risk and liquidity represents the magic of the triangle . More precisely, their combination is the result of trying to achieve the best result on one vertex, which results in a loss on another vertex. For example, the best result on all three peaks cannot be achieved simultaneously. This is the basic principle of how investing works. Also, it is popular as the "alpha and omega" of investing. It consists of return, risk and liquidity - three factors that you should take into account in every investment in the financial market. Return The return is one of the three peaks that influence the investor whether to buy the given asset or not. Under income, we include all earnings of an investment from the moment we put funds into it and it lasts until the time of the last possible income from this investment. Most investors seek to maximize return, given the potential risk and liquidity. However, investment return isn’t guaranteed in most stocks. It is also necessary to distinguish between historical (ex post-was or could have been achieved) and expected return. Liquidity The term liquidity refers to the speed with which we are able to exchange our investments back into cash at the lowest possible transaction costs. However, the degree of liquidity depends mainly on the financial instrument itself and the nature of the market. In fact, it is reasonable to know the degree of liquidity, especially when investing. Investors look for goods that are highly liquid, so that in case of a sudden price reduction, they can sell the goods before the prices hit the bottom. For some types of assets, their liquidity is determined by contractual conditions such as the period of deposit in term deposits. Yet with most financial instruments, the degree of liquidity of the given financial instrument is conditioned by the demand and supply for it. In addition, there is an opinion that the rate of return corresponds to the risk. Different instruments – different degrees of liquidity – in different markets. Highly liquid are foreign exchange markets, financial derivatives markets, and government bonds. For example, the most liquid assets are shares, where there is no problem of converting them into cash on the stock market without major losses. On the one hand, the least liquid assets appear to be the real estate which, in certain cases can even become non monetizable . This means that they have minimal, close to zero, liquidity. On the other hand, the higher the profitability of the object and location, the higher the demand for them and thus also their liquidity. Therefore, every investor should consider the composition of assets with different liquidity when compiling an investment portfolio. Also, they should mind the fact that they keep a certain part of the funds as a financial reserve, whether in the form of cash or highly liquid assets. Risk Risk is a synonym for a certain degree of uncertainty related to expected returns. In other words, risk appears as the investor's danger that they won’t achieve the expected return. So, the actual return will be different from the expected one in the future and thus there will be a deviation from the expectation. In addition, risk represents a quantity that is difficult to quantify, as it is influenced by several factors, or their combination. Anyone who wants to invest should determine the maximum level of risk that they are willing to bear and forward. If there is no such thing as the ONE perfect investment, then the logical conclusion is: don't put all your available capital into one and the same investment. Therefore, diversification is the magic word. Those who combine several types of investment spread their risk and fulfill each of the criteria of the magic triangle in the addition of all investments.
BITSTAMP:BTCUSDEducation
by vf_investment
2
Macro Harmonics of Bitcoin: How & When the Bull will RIseHARMONIC: Whether by definition or analogy, harmony implies cooperation between two or more agents. To draw X5 patterns without understanding which elements one seeks to reconcile is like a chimpanzee operating a flight simulator on an iPad. When I draw Harmonic Patterns, I visualize the interplay of: 1) the Range between Supply & Demand 2) the Volume Spread 3) Probability over Time. I use this particular chart layout to forecast the Big Picture, and another for trading on the small time frames. The BTC/USD Index has the longest price history, and these data appear both in the Fib Space and in the AVWAP Array. For live trading, different data are needed. I post this now as a reference for the future, and a point of comparison with other charts and ideas in other time frames that I hope to post in the coming days and weeks. For what it's worth, my goal is to get enough followers to start streaming here. With that in mind, I welcome technical questions. Cheers.
INDEX:BTCUSDEducation
by TheLeadingIndicator
7
Educational Clarification on Events in DistributionHi Everyone! The purpose of this video was to provide a correction on a statement made in a previous video and to provide further clarification on common events in different phases of distribution when using Wyckoff Method 2.0. The following link provides a BASIC understanding of Wyckoff Method 1.0 (Classical Wyckoff Method). What I teach is my own MODERN version of Wyckoff Method that I call, "Wyckoff Method 2.0." Here is the link to BASIC understanding of classical wyckoff method: school.stockcharts.com I do NOT use Point and Figure Charts nor do I use Volume bars like classical wyckoff method. Some may argue I'm not practicing Wyckoff Method if I'm not using Volume Bar Analysis and Point and Figure. Well, to the contrary, I HAVE BETTER TOOLS than Volume Bars and Point & Figure to draw a better conclusion about current events and up-coming events in phases of Distribution or Accumulation. Richard D. Wyckoff would be THRILLED to have these tools I'm using. He did everything MANUALLY back in his day. I guarantee you he would be using the tools I'm using if he were still here with us today. I hoped this helped provide a bit more clarification about COMMON events in Phases of Distribution for Wyckoff Method 2.0. Thank you for your valuable TIME and support! Stay Awesome! David M Ward Jr
BITSTAMP:BTCUSDEducation
by WyckoffMode
2
📚 The Difference Between a Reversal and a Continuation!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. Today I want to share an interesting pattern that I always use to speculate (to an extent) the next move of an asset after an impulse movement. First , locate an impulse movement, bullish or bearish. Second , wait for the correction movement to start. 📌In case of a bullish impulse: 1- if the correction movement is bearish , then expect a continuation bullish impulse to follow. 2- if the correction movement is bullish , then expect a reversal bearish movement to follow. And vice versa... 📌In case of a bearish impulse: 3- if the correction movement is bullish , then expect a continuation bearish impulse to follow. 4- if the correction movement is bearish , then expect a reversal bullish movement to follow. 📉 We can clearly see this pattern is playing out nicely on BTC weekly chart . I have highlighted many example with its pattern number respectively. And you can always refer to the cheat sheet on the left inside the two circles. If we apply the same logic to the current price action. Is BTC currently in a bearish correction as per our case #4? 🗒What do you think? Always follow your trading plan regarding entry, risk management, and trade management. Good luck! And always remember: All Strategies Are Good; If Managed Properly! ~Rich
Education
by TheSignalyst
49
Smart money dumb tradesThe major issue with 99% of retail, is that they seek tops and bottoms. They watch a video or read a post and DIVE not knowing, or understanding some simple logic. To be a successful trader you need a level head. As soon as you realise profits are made in a range and not by trying to time market tops and bottoms, there more you succeed. There are thousands of techniques out there, some that have a high hit rate, others that don't, some are complex and some are simple. In instruments such as Bitcoin - you also now have tools such as on chain data. The issue is and will always be, liquidity. Money is made by someone else losing! Retail will see things like Elliott wave and dismiss it - "ah it's old, ah it's broken, ah I don't get it..." We as humans can find the good, the bad and the ugly with all techniques. All we are really trying to do is, re-affirm our personal opinions, defending loyalties and find angles to attack anything that is not aligned with our desired outcome. Hindsight equals the ability to explain the past but in doing so, creates an illusion that we "now understand" it all makes sense. People don't understand because they cannot explain it. Regardless of wanting to or not. Our own unique perspective is built on our own unique experiences - trying to make sense of the complicated situation. The reason I talk about this - is that when you only take snippets of data from one source, or worse, several sources. It's so easy to get confused and mix up your own beliefs. In this current BTC scenario - people are desperate for a bottom to be in. It's all they seek, so when an influencer or educator mumbles the words - bottom, they assume it's to the moon we go. Thus, supporting the personal belief and desire. Every professional trading strategy, requires confirmation. If the expectation is we rise from here - we need logic as to why? if it is we are likely to drop - then, what's the reason for that drop? Over the last 2 years, I have made some of my Bitcoin calls public. There is a lot more behind the scenes that does not get posted, so what you should not do is - read a small percentage of a post or watch the first few minutes of a live stream and dive in. Your missing the bigger picture! This doesn't just apply to my posts - this is in general. This will help you in the long run. You need your own level of understanding for the logic behind the move. I can show post like this back in March this year; And the outcome was as predicated - We grabbed liquidity and dropped seeking a better accumulation range. I've talked about value areas - this post goes back another year... The outcome - For me, it's knowing the "why". The lesson here - is no obtain a bias of your own. Work on that to see inside the move. My view is pretty much as I have talked about this last 14-18 months... We have seen some stopping action. Now you look out for a range - Obvious liquidity in this zone. So this is 100% a lesson and not a call. Now look at the range in detail, you will see a fair value level hidden in there. Same goes for knowing the "why" - as Bitcoin becomes more institutional, it becomes more and more respectful. But as it does, tops and bottoms are still not what your targeting. Look at this from Feb last year from the first rally all time high. Look at the post date. These things are playing a game - it's all about understanding the rules. On the way back up from the low shown in March last year, why would there be evidence for a truncation? This image was the 24th of August. We go on to climax just above the 65k region... Liquidity is the name of the game.. This post is the first in the Liquidity series of posts here on @TradingView Have a great weekend! Disclaimer This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
COINBASE:BTCUSDEducation
by Mayfair_Ventures
27