Patience is key when trading. I've been waiting for the big long since September of last year. Don't FOMO buy, trust the patterns. ***This does not constitute financial advice.***
Whose ready for the big long? ***This does not constitute financial advice.***
I understand the market through through fractals. I use a strategy that I call Modified Elliot Wave Theory (MEWT). It Is comprised of fractals, Elliot Correction waves, inter-market analysis and the use of economics to identify patterns in my forecast reports.
I never use indictors. Why? Alot of them are lagging indicators. I prefer to identify fractals and use them as signals for bull and bear strategies. ***This does not constitute financial advice.***
Not sure howI feel about Microsoft. It Looks bullish; however, I don't think it will moon like other tech stocks. ***This does not constitute financial advice.***
It was in a massive correction since November. The health care sector is looking promising. I think its time for the big long on MRNA! ***This does not constitute financial advice***
I like to hold my call options for at least 3 months. I plan to average down, MRK 06/18 80 C. I just like the stock! ***This does not constitute investment advice.***
Once again no indictors just a simple formula: impulse correction impulse correction. The orange/reddish correction inside the yellow correction is called a fractal. ***This does not constitute investment advice.***
The majority of stocks follow a simple behavioural formula 👇 The formula is simple: impulse, correction, impulse, correction. In my opinion, you don't need traditional indicators like RSI and MACD. I understand different charts with inter-market analysis.
Bought to open GSK 01/21/22 38 C. *** THIS DOES NOT CONSTITUTE FINANCIAL ADVICE***
Waiting for pattern on the 5 min chart, this looks ready for lift off.
Waiting for a retest of the support line before engaging in any call strategies. What type of pattern is this? Its a regular flat ECW. ***This does not constitute financial advice***
No immediate pattern on DE. No plays just yet. The last pattern formed an irregular flat Elliot correction wave. ***This does not constitute financial advice***
No indicators, just using Modified Elliot Wave Theory to ascertain the pattern of the stock.
I missed the rally in early November, won't happen this time! Strategy of interest: LEAPS. ***This does not constitute financial advice***
Two fractals inside the running flat Elliot correction wave is enough for me to deduce that my pattern is on the right track. I Might buy some calls. *** This is not financial advice, it is merely my opinion***