S&P 500 A study of Market Cycles: Will History Repeat Itself?This video is a study of the history of The stock market when it comes to bull cycles and consolidation/ranging periods, which I think is a very educational thing to investigate in a period of market correction like the one we are currently living in. Please also refer to the Important Risk Notice.
Wave Analysis
Elliott Waves. Possibility VS Certainty !Elliott wave practitioners are sometime subject of criticism because of their apparent mistakes !.
An important point that many people may not be aware of is that " Elliott waves analysis is about possibilities and probability of each possibility not about certainties ! ". In fact, there is no false or true analysis in the world of Elliott waves (if a supposed scenario governs all rules). It is about choosing what you think as the most probable scenario but keeping in mind which conditions confirm or invalidate your analysis. If a most probable scenario fails , an Elliott practitioner immediately thinks about second most probable one ! and so on.
TSLA at current price and wave form is a clear and typical example of different scenarios possibility. We will investigate those possibilities in the following paragraphs but before that it is worth to mention that general trend of TSLA is up and as I previously published one more leg up is still ahead in broader view .
TSLA showed a decline from ATH to 886.12 with an abc zigzag form hitting a strong proposed support at confluence of former ATH, 50 % Fibo retracement and base of down going channel. ( See related idea for more details). It then made a strong bounce back but never reached a new ATH and finished it's move at 1208 just slightly above 1201.95 minor high with another 3 leg up !. This setup offers several possible scenarios. I could predict 13 of them . Please note that possible scenarios would be considerably different if TSLA made a new ATH or showed a 5 leg up move !. Different possibilities!. We had another decline from 1208 to 980 and then a bounce back to current price.
At this current position TSLA may choose different paths. Be patient . We will make a conclusion at the end of idea !. Followings are the possible scenarios as shown on the chart. We have chart of TSLA on the left side and possible scenarios on the right. Please note that right side chart is just a schematic drawing so I kindly ask you to disregard dates and prices on the right side chart:
1. Double Zigzag or Double three Correction :
In this scenario , The move up from 886.12 to 1208 is a wave X which connects two correcting forms. Next correcting pattern can be either a flat or another zigzag. Actually we have 2 slightly different scenarios in this part. Difference is second part flat correction ( Double three) price goes just slightly below the 886.12 low but in double zigzag goes much lower. Forms are the same and price targets are different.
2. Double Three :
Triangles in the second part of corrections are more common in complex corrections. In this case , a triangle is going to form after decline from 1208 to 980. and price will never go below the 886.12 ( except expanding triangles which is not common). Triangles can have several forms themselves : Contracting, Barrier and expanding. Here we just showed a contracting triangle in second part. We have 3 somehow similar scenarios here with just 1 shown .
3. Triple Three:
We may have a boring and exhausting correction continuation which is triple three. I showed on more common triple three correction on the chart with first part being a zigzag, second part being a flat and third part being a contracting triangles. Considering the third part can be a flat and even zigzag (which is not a usual one) and triangles different forms we reach to 5 possible similar scenarios here with only 1 shown.
4. Terminal wave 1 as beginning of the new impulse after end of correction at support:
Impulsive waves are always 5 wave in classic Elliott waves however , there may be 3 waves wave 1 in harmonic Elliott. It may be the case for TSLA and a move up from 886.12 to 1208 can be labeled as wave 1. in this case we are in wave 2 and another leg down is expected before making a new ATH. If you doubt about occurrence of such wave 1 see SHOP stock from 26 March 2021 to 13 may 2021. We can find many other examples in the market.
5. Antic cycle wave 1 and 2 and end of correction at support :
Normally impulsive waves are 5 leg and corrective waves are 3 to form a wave cycle. Sometimes wave forms show an anti cycle with 3 legs in the direction of main trend and 5 waves in counter trends. In this scenario TSLA has completed wave 1 and 2 and we are in up going wave 3.
6. Very rare bearish scenario with 3 waves truncated wave 5 :
First of all, this scenario is very rare and I give very very little chance to it at the moment but I certainly keep it in mind as a possible one !. Wave fives sometime show 3 legs instead of 5. several examples can be found for example see BTC from 56206 to 68769. Truncated wave fives can not make a new ATH. Occurrence of these two together has very little chance.
One may ask : So what? Are we going to be confused? What should we do now? Do we have a clear answer ? Of course we have !
Except that rare scenario, all above mentioned possibilities suggest TSLA will finally make a new ATH . They all (except the bearish case) suggest taking out 1208 high as a strong buy point therefore If we do not have TSLA shares right now we can set our buy point above 1208 and if we already have shares we can hold them to capture the profit of next up going waves. This is how an Elliott practitioner makes the final decision considering all possibilities and probabilities. This one is a complicated one in short term but sometime we have much more easier process of decision making like TSM with a clear buy point above 135.5.
It is worth to note pre-requisite of all of this scenario is that TSLA has completed wave 1,2,3 and maybe 4 of larger cycle wave and will make the last wave 5. If this pre-requisite is wrong all above scenarios are wrong. For now. I am confident about the position in the larger cycle.
I spent about 10 hours to prepare this 10-min read publication so I deeply hope this to be useful and show you how can one be prepared in advance for different scenarios with the help of Elliott waves.
Good luck everyone and wish you all the best.
Market Tutorial: Varying Degrees Investigated with ArcsHello! Well wishes to you!
In this tutorial is seen varying arcs with more - or less - eccentricity. In practical trading terms, the eccentricity would be how much time the arc covers compared to how much price it covers.
An arc covering one days worth of time for a set amount of price would have more eccentricity - making it more oval shaped - than an arc covering an hour worth of time for that same amount of price.
In viewing charts, it can be seen that varying degrees of impulse and corrective waves arise. One way in which these waves can be viewed is by the use of arcs.
First, identity the degree of impulse that is desired. Use the steepest geometric angle - typically the 8x1 - to align the axis of the impulse with. Now, use the newly generated 1x1 impulse as the axis of the arc.
Next and finally, repeat this procedure for any degree of impulse desired.
How To Succeed In Your TradingFocus on one single trading strategy
One thing that many people try and do is switch between strategies constantly. This is setting you up for failure, and if the concept of probabilities is truly understood, you will comprehend the reasons why a single strategy will work.
Any strategy is not going to have a 100% win rate, so first you should attempt at getting 50% of your trades right. After that mastering a 2:1 Reward to risk ratio is what will make you profitable. Trying to juggle many strategies will have you working tirelessly, but not moving forward in any particular one.
Less trading, more education
Many people have the conception that spending countless hours in front of the screen looking for potential set ups is how it should be, however that is completely wrong in my eyes. I spend minimal time now looking at charts and set ups, I highlight key levels I want to look at, along with alerts, and simply wait for the market to head there. Time spent looking at charts should be simply for education and mastering your strategy through back testing or simply understanding previous data.
Approach the market from a neutral position
Anyone that knows me knows how big I am on trading psychology and how I believe it is the most important aspect of trading.
Emotions in trading can be one of your greatest enemies as it can lead you to failure even after your success. There are scenarios where you can take trades and be in positive which will lead you to feel over confident, happy, and those will ultimately will lead to irrational decisions if you let them. Those emotions will make you believe you are better than the markets, or that you can outsmart them, ultimately leading your successful trade to turn into a failure. The same can happen when you feel the opposite and lack confidence to enter another trade due to a loss, or think have feelings of doubt.
This is why the market needs to be approached by a completely neutral position. Once you understand that for every person on one side of a trade, there is someone on the opposite side, you will begin to understand that the market itself is just a whole bunch of neutral information moving in nobody’s favour.
Write your goals
Affirmations are great and something that has helped me in every aspect of my life and not just trading. It is very important to write down your goals in order to manifest them into reality. All ideas first begin in the mind, and then come into the physical. Your goals need to be solidified, definite, and written down in order for your mind and yourself to know exactly what you are going after.
Every single day, you need to read your goals aloud, envision them in your mind with every bit of detail possible in order to bring them into the physical. In order to achieve a goal you need to arrive at the destination first in your mind.
Relax
There is no need to rush a single thing in your trading journey, and believe me take it from my experience, every time I tried to, I failed. People attend university for years before going out into a career which then takes many years before mastering it, yet people want to master trading in a year.
Patience is required in all aspects of trading, whether it’s on the charts themselves, or with your strategy, or with your learning curve. It all requires patience. If you are going after trading as a serious life career which you aim to remain in, then relaxing and taking your time is the first step. Nothing great comes from rushing it, especially the markets.
Know how to handle your trades
Based on your strategy and the concept of probability there are a number of things needed in order to appropriately handle your trades.
Firstly, don’t touch your stop loss. I cant say this enough, but stop losses are determined as the final barrier before the trade is invalid, and they are determine before entering the trade. If you find yourself moving your stop, ask yourself why. You will find out mostly its out of fear of losing your money, which is one of the 4 fears of trading. Accept your loss and let the trade stop out, you had it there for a reason.
Also, don’t leave trades behind out of fear. If you have a strategy that you have confidently developed, you should understand that the overall should be a greater number of winners than losers, and you should not leave trades behind out of fear, because they can be the ones that perform the best and make up for the losers.
Another thing to have in place is an appropriate strategy for exiting your trades. Many people have trades that are in profit, however due to the lack of knowledge on how to exit their trades, they still end up not profitable. You need to have a system on how to exit your trades appropriately and at what levels. Always remember, the profit running on a trade is not yours until its closed.
Risk management
Yes, I know you have heard it and read it a thousand times already, but you have no idea how important risk management is until the day you master it and recognise it was the single greatest thing holding you back from success.
People can have amazing strategies, the best reward to risk ratios, but with the inappropriate risk management trust me it means absolutely nothing. I have seen people overleverage on a trade simply because it “looked too good” compared to other trades, only for it to be the worst of the bunch.
I have seen people lose tremendous amounts of money and one thing I can promise you is not a single one of these people lost 100 trades in a row at 1% a trade. Every single one of them lost their entire accounts due to ONE trade that they married.
Risk management should be one of your main areas of focus, because believe me if you have mastered it, even with an average strategy you are doing much better than someone with an exceptional strategy with no adequate risk management.
Keep track of your performance
The only way to improve in any aspect of life is to first recognise what needs change and then work on it. It is very important to actually understand your positives and negatives and have them all tracked. A journal is one of the first steps in order to look in the mirror. Being completely honest is the only way a journal will work, and lying is only lying to yourself. If you are after serious improvement you need to appropriately identify all your flaws in order to better them.
You should never feel down or behind, remember trading the markets is one of the biggest psychological challenges one can face, and that is exactly why not everyone is suited for them. Instead see it as a challenge to better yourself and achieve the perfection and discipline you have always desired on and off the charts. Trading the markets will teach you lessons that you will carry with you throughout your entire life and not just on the trading floor.
What is a wave in NW perspective?I came to understand that many of our EW/NW-traders confusing with a word 'WAVE' .
Not all the price high and low in a period of time is called waves.
There MUST be a trend reversal in both the DIRECTIONS
here in the above chart I clearly defined ,what is a price bottom and top,and formation of a complete WAVE (green colour with black dots)
unless you have another trend reversal (breach of 4819)the undergoing wave will continue
You want to trade crypto? You need to read this! Hello dear traders i hope you were not affected by recent drop.
About a week ago i advised everyone not to trade this market neither short nor long becuse it's too risky for both sides. So what have should we do? I told you stay aside and wait for global trendline breakout.( i tagg that post below).
What to do now? Now we should stay aside as we did. It's so simple and it's easy to do you do nothing UNTIL this trendline is broken. Maybe this is the bottom but we do not buy UNTIL this trendline is broken.
In every drop and every midterm correction we only will be looking for clear GLOBAL PATTERNS like a big falling wedge, a global trendline, a big descending channel which price hits its top many times etc.
So if you have a clear long term pattern trade it if you don't have it stay aside and watch. DO NOT trade local petterns and short term ones because in most of cases they will give you fake results. When people are trading and loosing money and market makers beat them hard you just watch and wait for a clear longterm pattern breakout. This is how you can survive in this choppy market.
If you liked this post push the like button and tell me do you like to know how to exit the market right before a big correction?
BTCUSDT: Understanding a breakoutHello traders!
This is great advice for you traders and it will make you a profitable trader so read and understand the truth.
I am teaching you guys that breakout never works and to make money you should do the opposite of breakout. I already have posted an education post of the breakout but I am posting one more time.
If there is a bullish breakout go for a sell, if there is a bearish breakout go for the buy.
Trading is a game of probability. The winning probability of selling the bullish breakout is 5 out 6 times. So it's always good to try your luck on a better probability option.
My recent wins on this method were 45 out of 50 trades and my account grew 10 times in a two week using 10x leverage.
People may call it a fakeout but in reality, it's not a fakeout but it's the true nature of the graph.
Ask the questions in the comment section, hit the like button for support and follow to stay connected.
WHAT IS MARGIN? Traders must know this📚
✅Significant investments are required to gain access to foreign exchange markets. Not everyone who wants to try their luck in the world of trading has such funds. However, thanks to brokers that act as intermediaries and provide loans to traders, trading has become available to everyone. Thus, the essence of margin trading is to conclude transactions in financial markets with the use of borrowed funds provided by a broker.
🟢The second name of margin trading is trading with leverage. Leverage is the ratio of your deposit to the amount of the working lot. To obtain this kind of credit, the trader's account must also have his funds. The minimum of the initial deposit is different and depends on the requirements of a particular broker.
🟢The margin on the stock and foreign exchange market is a pledge that is blocked by the broker on the trader's trading account during the opening of the transaction. In margin trading, the broker can issue a loan both in cash and in the form of securities. Margin is usually expressed as a percentage, showing what proportion of own funds must be deposited to open a position on a particular instrument. For example, a margin requirement of 20% means the possibility of opening a transaction with financial instruments if there is a fifth of their total value on the account. And the margin requirement of 50% allows you to open positions for a certain amount, having 50% of it on deposit.
❗️Margin trading allows a trader to sell the market, entering short positions in case of forecasting a decline in the price of a particular instrument. Let's consider the principle of opening a short position on the example of stocks.
❗️Expecting a decrease in the price of Vesta shares, a trader takes ten shares from a broker on credit and sells them on the stock exchange at the current price. After the predicted price drop, he buys ten shares at a lower cost. By returning them to the broker, the trader remains in profit. The lower the stock price falls, the more profit the trader will get.
⚠️The above transactions are actually carried out much easier. Technically, a trader does not need to sell securities and subsequently buy them again. To do this, you only need to instruct the broker to open a short position. If the trader's forecast turns out to be correct and the forecast price decreases, the trader will close the deal, fixing the profit. Otherwise, if the price increases, the trader will receive a loss.
❤️ Please, support our work with like & comment! ❤️
Difference between ABC and WXY Elliott Corrective WavesElliott Wave Principle , developed by Ralph Nelson Elliott, proposes that the seemingly chaotic behaviour of the different financial markets isn’t actually chaotic. In fact the markets moves in predictable, repetitive cycles or waves and can be measured and forecast using Fibonacci numbers. Elliott wave predicts that the prices of the traded financial instrument will evolve in waves: five impulsive waves and three corrective waves.
This educational article aims to present only the difference between ABC and WXY corrective waves and will not cover other wave paterns (triangle corrective waves , or any of the impulsive (motive) wave structures)
Both ABC and WXY corrective waves are patterns made of 3 waves (swings) corrective structure and this similarity mostly confuses practitioners while labeling. The main difference between the two is in the internal subdivision of the waves (legs)
Each pattern has its own rules, where ABC could be
- a ZigZag patern that have 5-3-5 internal stracture
- a Flat (Regular, Running or Expanded Flat) patern that have 3-3-5 internal stracture
while WXY patern is made of 3-3-3 internal stracture. WXY is combination of two corrective patterns , hence often called as a double three or a double correction. Each wave W, X or Y could have almost any corrective structures (double three, triple three, zigzag, flat, triangle (wave W can’t be a triangle structure), or any complex combinations)
WXY is also know as 7 swing stracture even it is made of 3-3-3 internal swings, the X-wave is considered as a connector wave because it binds two corrective waves and is counted as 1, W and Y waves are counted as 3 and hence 7 swings
WXYXZ is combination of three corrective patterns, hence often called as a triple three, a triple correction or 11 swing, WXY rules applies also for WXYXZ
Tips :
An elliott wave practitioner in general may assume a trend continuation once an ABC correction is completed. In todays market complex corrections are more common than simple corrections, the markets are in a correction phase nearly %70-%80 of the time. Hence, once an ABC correction is completed a trend continuation failure must be considered in the trading plan and in fact, this failure is the main characteristic of the X-wave, a trend that has failed. Once X wave is completed another corrective structures is to be expected
live examples (not financial advice, just experimental analysis)
GOLD
BTC
Below is a link to Elliott Wave Oscillator study, where the "EWO with Signals" indicator helps traders to track the waves (in lower degrees). It provides insight to traders to observe when an existing wave ends and when a new one begins
XAUUSD Wyckoff Accumulation - Don't get caught out!Illustrated above is a break out of an accumulation set up which should see gold recapturing the price levels it fell through last week. The immediate upside price objectives are 1802,1811 and 1828.
Last weeks decline found preliminary support (PS) at 1794. This temporary relief is usually followed by what is known as a selling climax (SC) which took gold down to 1786. We saw first signs of exhaustion at this stage confirmed by the automatic rally (AR) back towards the preliminary support (PS) , before a secondary test (ST) saw price retracing back towards the climax lows. What follows next usually leaves an asset temporarily range-bound and is characterised by several rallies and secondary tests; the highest and lowest price points outlining the support and resistance levels for the range.
An initial a sign of strength (SOS) signified that a bottom had occurred with buyers emerging. This was subsequently followed by another sell off which often breaks the selling climax (SC) lows briefly. A key indicator to look out for at this stage is volume. Lower volume than during the initial selling climax (SC) indicates a possible (Spring) with confirmation of the Spring being further strengthened by another attempted sell off to the last point of support (LPS) which witnesses price bouncing back off the support line identified during the earlier stages. From this point onwards, price is expected to retrace back up and break out of the range targeting previous levels of distribution.
Whilst the longer term technicals and sentiment remain bearish, bulls have the near-term technical advantage. A daily close below 1785 will be required to change this near-term outlook. We can expect for gold to retest the 1828-1834 price level again. A successful break of this could lead bulls back up to the 1855-1860 level.
I hope you found this useful, do leave your thoughts in a comment below.
As always, a 'like' and 'follow' provides encouragement to share further ideas.
Thank you for taking the time.
BeyondEdge
Your Edge Is Your Perception. Go Beyond.
Elliott Wave Example - Impulse Wave 📚 Today i would like to share some basic Elliot Wave analysis along with an example. The Elliott Wave Theory was developed by Ralph Nelson Elliott in the 1920s. Elliott found that financial markets have characteristic movements that repeat in perpetuity. He called these movements *waves," due to the troughs and peaks that present themselves in a cyclical up-and-down fashion.
I have put together this example of an Impulsive wave, this pattern is the most common motive wave and the easiest to spot in a market.
The impulse wave consist of five sub waves that make net movement in the same direction as the trend of the next-largest degree. Like all motive waves, it consists of five sub-waves—three of them are also motive waves, and two are corrective waves.
It has three unbreakable rules to be an impulsive wave -
Wave 2 cannot retrace more than the beginning of wave 1
Wave 3 can never be the shortest but does not have to be the longest of waves 1, 2 and 5
Wave 4 cannot overlap the end of wave 1
If one of these rules is violated, the structure is not an impulse wave.
Elliott Wave Theory is a broad and intricate topic and can be a little overwhelming when first learning it but despite its complexity you can use these simple elements to begin with to help you understand which way the market is going. We will dive deeper into
Elliott Waves in the future but for now train your eyes to spot these impulse waves
3 Stages of Trading 🚨Every trader goes through these stages.
I remember starting out on demo thinking this would be the easiest way to make money quickly.
Oh, how I was wrong.
It seems like sunshine and rainbows on a demo account but when you move onto a live account, the real problems begin.
Your expectations of quick money quickly vanish due to the psychological aspects of trading.
This usually results in big losses.
Excitement is followed by pain, this is where most traders quit.
If you make it past the pain and develop, you will reach your trading goals.
Do these stages seem similar to your trading? 💬
Important Copy Trading Metrics to AnalyzeHello Traders and Investors,
Today I want to talk about some of the important metrics pertaining to a live trading statement that you should assess before considering which traders to copy. For those of you that are not familiar with copy trading, it's the most revolutionized way for investors and traders to safely invest with professional traders in 2022.
== COPY TRADING SERVICE PROVIDERS ==
LEFTURN Inc.
eToro
collective2
ZuluTrade
FXTM
== WHY COPY TRADING EXISTS ? ==
Unfortunately in the past there's been lots of scams in this industry with fake traders or money managers where investors would give a professional actual cash. The fake trader would deposit the investor's funds in their own personal account, for the investor to then later discover the whole investment was a scam. Luckily however, copy trading was born to help eliminate the possibility of being scammed by fake traders or investment advisors.
---
Let's now review some important metrics pertaining to trading statements. For those of you that are not familiar with myfxbook or FXBlue , these are 2 great third party resources available for traders to showcase their past performance by connecting their MT4 or MT5 account to either myfxbook or FXBlue's API.
== IMPORTANT METRICS TO REVIEW ==
1. First and foremost, is the account verified via a third party vendor?
The first early sign of a fake trader is if their willing to showcase their past results of their live verified trading statement. Be cautious about anyone showcasing their results via screenshots or Photoshop files. Always ask for statements from either FXBlue or myfxbook.
2. Does the trader use his/her real name or an alias name?
We all know that our reputation is our most valuable asset. An early sign of a fake trader might be someone that goes by an alias name.
3. Is the account in which you intend to copy either a demo or live account?
This is very important since most traders can perform well on demo accounts, but can't perform the same on live accounts. When trading live accounts, it has a completely different psychological impact on the trader's mindset since he or she is now trading with live capital.
4. How much equity does the trader have in his/her master account?
Traders that trade with larger accounts tend to have more confidence in their own abilities to perform. Be cautious about traders that are constantly withdrawing large amounts or have little equity in their account.
5. How old is the trading history?
Some traders can perform well for several months especially if their using an EA or some sort of algorithm. Unfortunately for many traders that use fully automated systems, majority of them tend to have a doomsday effect every 6 months to a year. This is why it's important to request at least a year long statement
6. Understanding the trader's strategy
By understanding how the trader enters and exits positions, this will allow you to determine if their strategy works with your risk tolerance and level of comfort.
7. How easily can you contact the trader when you have concerns about the account?
We can't expect the markets to always perform perfectly according to the strategy. Maybe another major crisis is right around the corner that neither you (the investor) or the trader isn't expecting. What's the plan for when the markets are not trending according to plan? How does the trader manage risk in times of uncertainty? Traders that you can easily contact at anytime will give you great ease and peace of mind knowing they are working on adapting to the ever changing market conditions.
8. What is the maximum drawdown?
Knowing the maximum drawdown the trader has had in the past will inform you about how much risk the trader is willing to take on your account. However this metric should be discussed with your trader as they might not take on much risk at first to protect the investor's principal but then increase the risk once the account has significantly grown. Some traders will not risk any of the principal investment but are willing to risk some of the earnings already generated.
9. What are their average monthly returns?
This metric should be proportionate to the maximum monthly drawdown but should also be discussed with your trader to fit your level of risk tolerance
10. How do they manage risk in times of uncertainty?
Does your potential trader use stop losses, do they hedge positions, or close all trades heading into major risk events? Understanding how they manage all risk factors is critical for the life span of the account in which they will trade.
11. What are their fees?
Do they charge a monthly management fee along with a performance fee? Or do they just charge a performance fee? Trader's that only charge a monthly performance fee have greater confidence in their own strategy since they only get paid if the investor makes money first.
12. Which broker are they using?
Some traders want you to register with their broker so they can generate additional revenue through what's referred to as an IB program. Others allow you to use any forex broker and are more interested in generating returns for their investors and not so focused on IB commissions. Trader's that have IB accounts get paid based on the volume traded. Be cautious about traders that want you to register under their IB program with their broker.
13. How often can you request withdrawals?
If you're able to withdrawal funds as often as you like, that's a bonus and again shows greater confidence.
Bearish Entry ExampleThis kind of price action happens all the time, you just have to spot it while it's happening so that you can plan your trade and execute. I have put this together to give you an idea of the type of things I look for in the hope that it can help you too.
Once price action has made a clear impulse to the upsides and taking out previous structure that's our first sign that the buyers are stepping in. Once we see some corrective price action we can place our fib from the high to low, mark out previous structure and identify the pattern that price is making to build a picture of where price is most likely to reverse giving us the best possible entry.
wedges in channel's! how to predict the trend channel's in every channel's there are wedges forming while the trend is reaching a support or resistance line(blue line) P.S I draw that line 1 year ago.
with getting close to that level we can see that the market is going to loose energy that's the time we must open a position or close it(red number 3 in the chart was a good time to close long that's what I did)
don't forget to follow and like
cheers 🥂
📚#e⏭️06 : Ultra Bond Futures Are Super Boring🥱💤Don't Click💡💫An Education🎓
Series Continuation
Prior Episodes Found
In The Content Below
❔ What Are Bonds
Bonds Are The Foundation
Of A Debt Based Monetary
System
Bonds Define The Cost Of
Money Over Time
Put Simply Bonds Are
Future Dollars
Read That Again🔂
US Treasury Bonds Are
Future US Dollars Deliverable
At A Specified Time
In The Future I.e
30 Years Henceforth
By Purchasing A
US Treasury Bond
You Enter Into A
Legal Contract With
The Treasury Wherein
You Will Receive
The Principle Or
"Face Value" Of The
Bond Plus The Rate
Of Interest Specified
At The Time Of Purchase
❔ A Traders Role
To Make Money I Hear You Say
Well Yes Of Course
But What Exactly As Bond Traders
Are We Getting Paid For ?
To Provide A Service
Our Collective Actions
Expressed Through The
Trading Of Bond Instruments
Determine The Cost Of Money
Yes💡
Regardless Of Your Trading
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With The Free Market
Our Role :
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Price The Value
Of Future Money
When We Trade Bonds
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We Win The Game
We Have Kept The
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We Have Served
A Most Important
Mission
We Fulfill A
Founders Vision
d-MR96nBa
nvrBrkagn
❔ Why Else Ultra Bonds
Low Operation Costs
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Only Pay Spread Fee
As Futures Contracts
Zero Overnight Cost To Carry
Quarterly Rollover Spread Only
Operation Costs Will
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Every Time
Same As Any Business
📔 Rules Of The Rodeo
Trend Is Dearest
Life-Long Friend
Bond Bull Market
40 Years Strong
So We Will
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Positions Actively
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Entry Orders Executed
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Trading 0.01 Unit
At A Time
ℹ️ CME Group Official
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www.cmegroup.com
Starblazers 🌠
Dreamscapers 🧙🏼♂️
Rebellion 🧗🏻♀️
Join Me On A Journey Of Mastery
Utilising The Instruments
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Slaves Become Masters
Masters Serve Slaves
Behold.. The
Ultra Bond Future 🗽
US 30 Year Yields📊
CBOT:UB1!
TVC:US30Y
📚#e04 :
📚#e03 :
📚#e02 :
📚#e01 :
📚🎬💎#e08 : An Ultra Bond Future💍Married To The⛪💫An Education🎓
Series Continuation
Prior Episodes Found
In The Content Below
❔ What Are Bonds
Bonds Are The Foundation
Of A Debt Based Monetary
System
Bonds Define The Cost Of
Money Over Time
Put Simply Bonds Are
Future Dollars
Read That Again🔂
US Treasury Bonds Are
Future US Dollars Deliverable
At A Specified Time
In The Future I.e
30 Years Henceforth
By Purchasing A
US Treasury Bond
You Enter Into A
Legal Contract With
The Treasury Wherein
You Will Receive
The Principle Or
"Face Value" Of The
Bond Plus The Rate
Of Interest Specified
At The Time Of Purchase
❔ A Traders Role
To Make Money I Hear You Say
Well Yes Of Course
Money
But What Exactly As Bond Traders
Are We Getting Paid For ?
To Provide A Service
Our Collective Actions
Expressed Through The
Trading Of Bond Instruments
Determine The Cost Of Money
The Cost Of Money
Cost Of Money
Yes💡
Regardless Of Your Trading
Size We Are All Interacting
With The Free Market
Our Role :
To Correctly
Price The Value
Of Future Money
When We Trade Bonds
Profitably
We Win The Game
We Have Kept The
Flame🔥
We Have Served
A Most Important
Mission
We Fulfill A
Founders Vision💜
d-MR96nBa
nvrBrkagn
❔ Why Else Ultra Bonds
Low Operation Costs
Regardless Of Trade Size
Only Pay Spread Fee
As Futures Contracts
Zero Overnight Cost To Carry
Quarterly Rollover Spread Only
Operation Costs Will
Kill A Trader In Time
On Time
Every Time
Same As Any Business
Ventured
C4L
📔 Rules Of The Rodeo
Trend Is Dearest
Life-Long Friend
Bond Bull Market
40 Years Strong
So We Will
Mostly Trade Long
Positions Actively
Managed
Entry Orders Executed
At The Market
Trading 0.01 Unit
At A Time
Slow Drip💧
ℹ️ CME Group Official
Ultra Bond Trader Site
www.cmegroup.com
Keep Your Bond⚔️
Watch Your Loyalty⌚
Buy Freedom To🔥
0.96 % x Cost ♋
Behold.. The
Ultra Bond Future 🗽
☔
📚#e07🩸GG :
📚#e⏭️06 :
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CBOT:UB1!
TVC:US30Y
Pluto 🛰️
Hndrxx 👩🏻🎤
when is the best time to enter in a brake out channel as we all know best time to enter for a channel who is already braked another channel is to see the brake out first then wen the trend returns we enter in the trend (white number 2)
a trader is the person how learned how to trade like a sniper
cheers 🥂
Market structure, learn how to easiy identify market condition.Market structures also referred to as market conditions are the simplest form of price movement in the market. Market structure is a simple and basic form of how price action occurs in the market. Price action in the market is always in one of these four market structures.
- Accelerating Phase
- Distribution Phase
- Decelerating Phase
- Accumulation Phase
Accelerating Phase:
This is the upward trending phase of the market, it is often characterized by a series of higher highs and higher lows. This phase of market structure is where bulls are said to be in control of the market.
Distribution Phase:
The distribution phase occurs after a rise in price as the traders who bought at the beginning of the trends begins to sell at a profit and more people are FOMOing into the market the market then enters a range. It is a ranging market after a downtrend. At this phase of the market, there seems to be a balance of power between the bulls and bears until either support or resistance level is broken.
Decelerating Phase:
What goes up must come down. Decelerating phase is the downward trending phase of the market and this phase of the market structure is where bears are said to be in control of the market. It is often characterized by a series of lower highs and lower lows.
Accumulation Phase:
This phase of market structure precedes the Accelerating Phase. It is a ranging market after a downtrend. This phase is where smart money managers and experienced traders begin to buy. At this phase, the general market sentiment is still bearish.
In Conclusion
Although not always obvious, market structure plays out in all markets.
Smart investors who recognize the different parts of a market structure are more able to take advantage of them to profit.
- Zoom in your chart screen to -30%.
- Train your reticular activating system to easily identify these structures in the market.