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Wave Analysis

How to trade gaps (price inefficiencies)Gaps do exist in forex in the form of price inefficiencies - by Chris Lori definition, the original source and author. ICT, former Chris Lori student renamed them into "price imbalances". Whatever you call them - thin runs, price voids, price imbalances, price inefficiencies, illiquid runs - they will get filled in most cases (if instrument is liquid enough such as GBPUSD, EURUSD, Gold etc) either to the point of release or to the clean breaking point (CBP) (Chris Lori definition, the original source (ICT renamed them into "ICT breakers"). Gap fills are also called "rebalancing of price".
Education
by ICFX
1
How to use Moving Average (MA) in crypto tradingHello, traders!. Today we will examine how Moving Average can be used as a tool in trading. Moving Average is one of the most famous and popular coin filters. The most straightforward application of MA: 1) Defining the trend. Uptrend If MA is upward, downtrend if MA is downward. 2) Determining the strength of the trend. The greater the deviation of price from the moving average, the stronger is the trend. 3. Signal to buy or sell the asset. There are two cases that can be considered a buy signal: - Moving average price crossing from bottom to top; - The crossing of the lower MA of the older MA (for example, MA50 crosses MA100) from bottom to top. The opposite of two cases can be used as a sell signal : - Moving average price crosses from top to bottom; - The crossing of the lower MA of the older MA (e.g. MA50 crosses MA100) from top to bottom. ETH/USDT Above is the bright example of MA50+MA100 combination using H1 timeframe. On the chart, MA50 is marked in green, and MA100 is black. As a rule, the trend starts with small timeframes and then moves on to the older ones. Here is another example using 4H timeframe for LINK/USDT And finally, an example of working out the combination of MA50+MA100 on the 1D timeframe for LTC/USDT . Hope this is going to be valuable for you! Good luck and watch out for the market
Education
by UnknownUnicorn10064030
5
How to Identify & Utilize Market Strucutre In this video I go over how to identify what Market Structure you are in. Also how to utilize that structure to continue trading with the trend. I use the pair EURGBP to go over a bearish market with a deep retrace, later continuing into a down trend. As always THANK YOU and if you found this video helpful, please let me know by hitting that like button and/or leaving me a comment below. Also, feel free to share your opinion on this setup or other setups that you have. The more ideas we can generate together, the more informative these ideas become for newer traders. STAY BLESSED! ~ T$
Education
by OkayTrev
J Shape FormationHello Traders! Have you ever wonder why the market turns back after the clear breakout of the trendline and even after a perfect retest?? Here is your answer. There must be The J shape above that trendline or above that resistance because this J shape mostly forms above the resistance. This J shape pattern occurs again and again and it's easy to find because of its clean and clear formation. These are the three shapes that form after the J Formation and the head and shoulder pattern is one of them. Formation 1 You can catch the drop at the peak by selling on the reversal candle or if there are continuous bullish candles then wait for the first bearish candle and go for the sell. In formation 1 it always drops hard. If Market already dropped hard then wait for the market to retest the bottom of the J pattern and sell it and target will be the same size as the J shape. Formation 2 In a rare scenario, it bounces back because there must be some strong support. This is also tradeable when you see the market turning back at support you can go for the buy. Formation 3 It's the Head and shoulder pattern and it can be traded when it's half completed with the help of this formation But it is not compulsory that Head and shoulder formation always have a clear J shape.
FX:XAUUSDEducation
by Aadil1000x
And the wind blew, the earth split and it appeared ...The birth of BTC pumpkin. One dark dark evening, in a terrible 2017, when huge incomes of investors drove them to euphoric blood-strokes, it was born... Vegetable electronic evil , the king of margin calls, garden crypto ganster - BTC pumpkin. With the right hand, it weakens the growing trend , and with the left hand it attracts with overbought stochastics, bear patterns and low volumes of bold sellers in the position ...and vice versa... And no one knows peace from it for 3 years! BTC Pumpkin's worst weapon is its mood. The bipolar disorder of this vitamin monster changes the mood every six months . Will we see a new wave of BTC Pumpkin bad mood? What is more terrifying, grater, blender or saw? Today is the day when the crypto pumpkin knocks on the deposit house of every investor and says "treat or margin call?" We hope you love sweets! Can the BTC market free itself from the Pumpkin shackles? It remains to wait only six months... P.S. Drug use is bad for your health and hampers your trading.
BITFINEX:BTCUSDEducation
by P_S_trade
7
How To Setup Phoenix Ascending 2.121 and Bad Ass BB Indicators.Hi Everyone! I made some changes to Phoenix 1.119 that is renamed, "Phoenix Ascending 2.121." There is one "bug" I need to fix with it wanting to add Phoenix Ascending 2.121 to the chart rather than in a new pane below the chart. That will be in a new update as I familiarize myself with Version 4 Pine Script. If anyone knows off hand how I can fix this, I would appreciate it. Otherwise, I'll figure it out. What's New? Updated from Version 2 pine script to Version 4 pine script to avoid possible issues in the future. Removed "Multi-Exchange" from "Inputs" within "Settings" to avoid potential issues in the future if certain exchanges were to close or shutdown. Adjusted a few "Default" line thicknesses to place more emphasis on level 20, level 50 and level 80 with thicker "default" lines. Of course, you can edit the thickness and colors of these lines in "Style" under "Settings." It's possible you may see your current "saved" presets as your own default will be erased after I update this script. Sorry, for the inconvenience of having to re-adjust them. It's better we do it this way than to invite everyone to a totally new script (indicator).
BITSTAMP:BTCUSDEducation
by WyckoffMode
157
A few words about time management How do you planing your day? If you look like Jack you should think about time management! Benefits of Time Management The ability to manage your time effectively is important. Good time management leads to improved efficiency and productivity, less stress, and more success in life. Here are some benefits of managing time effectively: 1. Stress relief Making and following a task schedule reduces anxiety. As you check off items on your “to-do” list, you can see that you are making tangible progress. This helps you avoid feeling stressed out with worry about whether you’re getting things done. 2. More time Good time management gives you extra time to spend in your daily life. People who can time-manage effectively enjoy having more time to spend on hobbies or other personal pursuits. 3. More opportunities Managing time well leads to more opportunities and less time wasted on trivial activities. Good time management skills are key qualities that employers look for. The ability to prioritize and schedule work is extremely desirable for any organization. 4. Ability to realize goals Individuals who practice good time management are able to better achieve goals and objectives, and do so in a shorter length of time. Thanks for your support! Take care of yourself!))
Education
by Yuriy_Bishko
8
EW Analysis: DigiByte Can See A Deeper Corrective DeclineHello traders! Today we will talk about crypocurrencies, specifically DigiByte (DGBUSD) and it's price action from Elliott Wave perspective. Cryptocurrencies are turning to the downside together with stocks after that strong and impulsive rally from March lows. Why cryptocurrecies follow the stock market is because they are not generally in use yet and they are just speculative asset based on investors mood at the moment. So, if investors do not trust the stock market, then they will not trust the Crypto market neither. Anyway, let's take a look on an interesting pattern that can be seen on the DigiByte. As you can see, DGBUSD has a completed five-wave cycle from March lows, mainly because we can see a clear triangle formation in wave "iv" with perfectly reaching target into wave "v". And we know that in EW thoery, after every five waves, a three-wave a-b-c pullback follows, so watch out for a deeper decline, because wave "c" is still missing, which can actually push the price even down to golden 61,8% Fibonacci retracement and 0.019 - 0.013 support zone before we may see a bullish continuation. If we consider that correction may last for about 71 days like it was previous triangle in wave "iv", then we can expect a support to be reached at the end of October, but this is still just an analysis, so time will tell! Be humble and trade smart! If you like what we do, then please like and share our idea! Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
BITTREX:DGBUSDEducation
by ew-forecast
3
Cycle Theory and Wave Analysis Hi guys. 💋Well, let's continue develop ourselves???💪🏻 Ok, now let's start from the few words about theory of cycles💪🏻 🌀The theory of cycles is more developed at the theoretical than at the practical level, and deals with cyclical fluctuations not only in prices, but also in natural phenomena in general. Almost all methods of technical analysis fit into this classification.✔ 💥If you wanna be successful trader, you need to understand this method of analysis💥 ☝🏻 The trend (impulse waves) has a 5-wave structure (waves are indicated by the numbers 1,2,3,4,5, A, B, C) and consists of impulse waves and correction. 📌 Impulse Waves 1,3,5 - longer than correction waves - show the direction of the trend 📌 Correction Waves 2 and 4 - has a 3-wave structure (a-b-c) - show the direction opposite to the current trend ☝🏻 1st, 3rd, 5th impulse waves have a 5-wave structure of their subwaves. Correction waves (2 and 4) have a 3-wave structure and are denoted by A-B-C. 📌 Signs of a trend reversal in terms of wave analysis are: - finite diagonal triangle - extended 5th wave - truncated 5th wave 👉🏻The 2nd and 4th waves are corrective. The movement on these waves takes the form of the following correction models: - zigzags (5-3-5) (Zigzags) or simple ( zigzag ) correction - planes (3-3-5) (Flats) or flat (flat) correction - triangles (3-3-3-3-3-3) (Triangles) or triangular correction - double triples and triple triples (combined structures) - incorrect correction In fact, wave analysis has nothing to do with the market. At least in the modern world. This theory once worked, but not now. ☝🏻Although it attracts a lot of people with its simplicity and visibility. Now you will not find two wave operators, that would give the same market assessment and forecasts. So many directions and methods of wave analysis have formed today. Wave analysis is an artificially invented method for predicting markets, that is, not natural even for human behavior. 💥If you use it, then be extremely careful. To say, that wave analysis doesn't work is too subjective. Each for himself decides what and how to use. 😆Right or wrong - the market will judge by adding or taking money to the account.😆 🤔I hope I have clearly explained you my vision of wave analysis, if you are interested, you can study this method more deeply.💪🏻💪🏻 😸Subscribe and don't forget to put like to my enthusiasm, I try for you😉😉😉 Stay with me🌞 Kiss You 💋 Your Rocket Bomb🚀💣
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BITSTAMP:BTCUSDEducation
by RocketBomb
19