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Wave Analysis

investing is better than tradingIn this video, I highlight how to use an investor's approach in the financial markets in two ways. The first way is through what I call the "Thomas Wood" Way of entering positions that side with the market trend after price breaks out of a correction that suggests continuation of the trend. The second way is the way I learnt to see the market movement between buyers and sellers, demand and supply - also following the trend of the market. Trading every move that the markets present to you is deadly as it can lead to confusion, losses and tiring your self mentally and emotionally, whereas only looking for opportunities that show or suggest that the market is continuing its original flow is easier and results in more progress. A word of caution though, is that you have to be patient when using this approach (P2+BU) as it does take time to go into effect.
Education
by Madsan88
GBP/USD Short, EUR/GBP Short and EUR/USD ShortGBP/USD Short Minimum entry requirements: • If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it. EUR/GBP Short Minimum entry requirements: • 1H impulse down below area of value. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it. EUR/USD Short Minimum entry requirements: • 1H impulse down below area of interest. • If 2 touch 5 min continuation, reduced risk entry on the break of it. • If 2 touch 15 min continuation, 5 min risk entry within it, or reduced risk entry on the break of it.
Short
by StewySongs
3
USD/JPY & GBP/USD UpdateUSD/JPY The secondary trend on the USD/JPY has printed a trend-changing pattern after breaking above the pullback structure. This move gives us a piece of crucial information, that we can buy at the low after the current wave structure is complete. Currently, our high probability trade is selling now to buy later. GBP/USD The Cable is bearish because we have seen three trend-changing patterns that constitute a downtrend in the GBPUSD. Overall the major trend is now resuming to the downside and we want to sell every rally that failed to make a Higher high.
Short
by Charts247TradingAcademy
Trading is execution - USD/JPY Live trading exampleThis is a short mentoring/educational session. The USD/JPY is the pair we are trading this evening, I analyse this based on the mtf wave structure. I explained the importance of the secondary trend, as a determinant tool or information for what may happen in the future. I also shared one of my waves of success strategy using the DMI and the VMP for trade execution. Finally, after taking the trade, I explained late Mark Douglas probabilistic principles which acts as a solid foundation of our behaviour and interaction with the market.
Education
by Charts247TradingAcademy
Wave structure Multi timeframe analysis - CAD/JPY & GBP/USDCAD/JPY The outlook of the CADJPY is very bearish, based on the Multi-timeframe waves structure count we should be expecting more downside in the pair. The bearish wave structure (4) on the H4 timeframe is not complete yet, we have seen a bearish 0, 1, 2, and 3 wave structures on the M15 timeframe. Having seen the 3 waves, we now have a more than 70% probability that the trend will complete the cycle which means we will see the momentum low 5. GBP/USD We have seen two trend-changing patterns in the GBP/USD. On Friday we have also seen a strong rejection from the high and this move down has created a potential 3rd structural failure, this means the current secondary trend is about to change to the downside. Our short will be valid when the price trades below 1.2538; this will be a final confirmation of the trend change
Short
by Charts247TradingAcademy
3
Forex Weekly Trade planning sessionPlan your trades and trade your plans. Today we have the following rankings on the indexes: @DXY ++VE @EXY -VE @AXY --VE @SXY ++VE @JXY --VE @BXY --VE @CXY --VE @ZXY --VE Based on the above rankings, we came up with the following pairings. BUY PAIRS: USDJPY, USDCAD, CHFJPY, SELL PAIRS: AUDUSD,GBPUSD,NZDUSD,GBPCHF,AUDCHF The idea is to trade in the direction of the wave structure as long as the structure is not disturbed or violated, your high probability trade is to trade in the direction of the trend after a secondary trend (Pullback). Important trend change facts you must know: A trend will not change easily, it takes a great deal of time and effort for a trend to change. The time required for a trend to change is very relevant to how long the ongoing trend has been in play. The duration of a trend change will be greater than half of the period of the changing trend. Sometimes it is equal to the time the trend has been ongoing.
by Charts247TradingAcademy
GOLG XAUUSD ANALYSIS MAY 6-10.Here is the market outlook on Gold XAUUSD for next week from 6th of May to 10th of May. It is a clear projection of what is mostly likely to happen on gold for five days of the coming week. ANALYSIS. In monthly time frame price has closed April candlestick with a clear rejection from the upside. This is a clear indicator of presence of sellers at this level. Expect to see May candlestick moving up to around 50% of the April candlestick before proceeding down. In weekly timeframe price has clearly respected the projected three wave swing to the upside followed by correction. Last week price closed a weekly candlestick with a clear railway pattern, and this has been support with this weekly candlestick that has maintained a downward move even during NFP release. In daily timeframe price is clearly demonstrating a trend to the downside through formation of the lower highs and lower lows. Currently price is trading at the static support that has been respected several times in the past. In for hour timeframe price still show multiple touched at the static support explained in daily timeframe. Wave counts indicate that, price is trading in the fifth wave down. Therefore this wave can be extended or not. PRIMARY PROJECTION; Watch for possible buy opportunities up to around 2360-2370 level when price break and retest the upper channel (trendline) of the possible diagonal structure in four hour timeframe. ALTERNATIVE PROJECTION; Consider short-term sells to nearly 2200 level when price break and retest the static support around 2280 level.
SAXO:XAUUSDLong
by ASAMForex
EURUSD - Long Term and Short Term Top Down AnalysisHey guys! Here is a top down analysis on the EURUSD pair. I see a great deal of bullishness currently, but i am convinced this bullishness is to take prices into the 4 hour zone sitting a few pips above the 1 hour liquidity target. If that happens, I will expect to see prices begin to u turn bearish and head in the direction of the 4 hour and daily liquidity for a start, and eventually go all the way down to the monthly and weekly liquidity point. On the whole, the market is sort bullish, up through the current 1 hour liquidity target and through to the 4 hour zone, from where we will expect to see the bears take over the market. This is the most likely perspective on direction with regards to market and price movement on this pair.
by PanzyPips
Unfolding Waves in Chambal Fertilisers: Bullish Path AheadAn analysis of Chambal Fertilizers using Elliott Waves, we can observe an interesting progression in the stock's price movements on a weekly cycle. The chart has completed the initial waves I through IV, and it is currently unfolding wave V, signaling a strong potential for a bullish trend ahead. Let's delve deeper into the details of this wave analysis. Weekly Cycle Wave V: We are observing the unfolding of wave V on the weekly cycle. This wave is showing potential for further upside as the stock completes its final wave in the longer timeframe. Subdivision of Wave V: Within wave V, the stock has already completed waves (1) and (2), and it is now unfolding wave (3). Wave (3) of Wave V Progression within Wave (3): In the ongoing wave (3) of V, we've seen waves 1 through 4 completed, and the current focus is on wave 5 of (3). Hourly Timeframe Progression within Wave 5 of (3) of V: In this specific timeframe, wave 5 has already seen the completion of sub-waves ((i)), ((ii)), ((iii)), and nearly all of wave ((iv)). This suggests we are likely at the end of wave ((iv)), poised for wave ((v)). Elliott Waves Fundamentals Wave Counts: The stock's progression through each wave provides valuable insights into potential market behavior. The typical characteristics of an impulsive wave, as seen in the unfolding of wave V, include strong, directional movements, which are followed by corrective waves. It’s essential to apply appropriate risk management techniques, such as setting stop losses, to mitigate potential downsides. Be cautious in managing your exposure and avoid over-leveraging. This analysis is purely for educational purposes and should not be taken as investment advice. Always conduct your own research and consult a financial professional before making any investment decisions. Remember, market conditions can change rapidly, and past performance does not guarantee future results. This analysis aims to provide an overview of the potential trajectory of Chambal Fertilisers based on Elliott Waves. It's always important to stay vigilant and adjust your approach as new information becomes available. Happy trading! I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:CHAMBLFERTLong
by RK_Chaarts
1