AMA_FX

AMA_FX

Hello I have explain what I need to in the last idea of BTC and this idea is only a complementary comment for. It might be failed and do trade on it without your own confirmations. Thanks

AMA_FX Updated 

Hello everyone as you all of us and our markets are dependent to US Dollar and it is true, if you like it or not. For this reason we should consider its chart as a confirmatory study (but not always). If this counting and prediction is correct, so we will see a sharp drop in DXY that can justify our expected rally in Crypto market (and other high risk markets). Thanks

AMA_FX

Hello everyone I will never work in Forex market because I do not have enough time to check this market and I just posted this idea because I had some EUR ideas when I started this account. I am so sure about it but we can find a good correlation between it and DXY. Confirmation needs to see wave 5 of ending diagonal and then upper boundary break out. Thanks

AMA_FX Updated 

Hello everyone What is happening in some of Altloins is really weird and I guess it is because they have to take time and wait for BTC to start its next rally. I mean these patterns for wave 2 are not so common but we should not forget that we are talking about Crypto market with the least liquidity among all other markets so mass psychology can be more unstable...

AMA_FX

Hello everyone What I am publishing is not so reliable till the confirmation level comes true. But if it follows our counting so you can be prepared for a sell position (Wave (C) intermediate). Thanks

AMA_FX

Hello everyone Sometime I leave my wave counting technique and just focus on my Technical Knowledge, because you can not push all waves in Elliott and some of them are disclosed after finishing. Technical analysis always help me in this situations and this chart (I love Theta) is the best example. I know many of you are thinking that you can count them but I...

AMA_FX Updated 

Hello I have decided to share this chart as simp,e as I can because I just want to mention its markings. There is an alternative counting for this charrt that say this last upward trend was wave 5 (Primary) and then bearish market will start. I do not want to be dogmatic but it is not so possible because : - wave 4 primary corrected more than what I can accept it...

AMA_FX

Hello everyone I am not fundamentalist (I wish I was) and I do not have enough time to follow Crypto White papers and it is a big gap in my work. I search in the market, like a gold seeker, and find whatever fit with my strategy which is so simple. In this way, I have found this project and I am sure most of you are know about it significantly more than me. The...

AMA_FX

Hello everyone As you all know some charts have very near correlation to each other and some do not. I do not want to compare their correlation in a long time history but I just tried to alert you they that they are following their movements with a time lag (just in this rally) so do not make it as a rule. I do not rely my strategies and entry points on the...

AMA_FX Updated 

In my experience, a stock trader should have a watchlist that is set up in weekly timeframe and so he/she has enough time to monitor them and get the concept of movements and its investors and many many other aspects till the due time that want to enter a position. I never trader in zoomed in views and trapped in small timeframes unless I had counted from upper...

AMA_FX Updated 

Hello everybody As I mentioned before we all need to have a monthly or weekly timeframe watchlist for our next investments. When you enter in a weekly or monthly rally (Wave 3,5,A,C) you can guarantee your trades and prevent to be trapped in numerous support/resistance levels included in correction patterns. For this reason I have decided to let you put this NYSE...

AMA_FX Updated 

Despite the idea of a bearish impulse for dollar index I think it will surprise us and goes up. A reliable Head and Shoulders patter is obvious and its Neck Line breakout also happened and the last confirmation for me is to breakout a green zone. For now just wait and see because we can have very good position in EUR if it analysis is correct. Thanks

AMA_FX Updated 

Hello everyone It seems that Gold finally has exhausted and now it is resting (make liquidity) for the next rush. Let the market to prove or fail it. Thanks

AMA_FX Updated 

Hello everyone There many alternative for this correction pattern and according to Mr. Prechter (Elliott wave Principle Text Book), correction patterns will be clear just when they finish. As I said in the last BTC idea update, I think the correction in BEING extended to make us disappointed and tired and for this reason Ending Diagonal can be good pattern for...

AMA_FX Updated 

Hello There is a momentary hesitation about this counting for now but... It is just an idea for the last minutes of BTC decision about its direction

AMA_FX

Hello everyone USOIL is experiencing many unstable and doubtful decision being taken in the Middle East and other dependent countries. I think the best strategy is to wait for the trend reaches to the boundaries (Blue Channel) and then decide if your are really interested to get position or conservative strategy is to wait for Blue channel break out (Up or Down)...

AMA_FX

Hello everyone I do not talk (fortunately) and let the chart show us everything in the next week. Thanks

AMA_FX

Hello I do not talk about it but just mention that please do not enter any position unless your confirmations (Reliable ones) have been met and you are entering in the end of a wave 2 to gat wave 3. Important rule: In my experience, it is really crucial for new traders with Elliott method that just try to find wave 3s of impulses and after they become more...