It's important to wait for confirmation.
On Monday I looked at the ABCDE triangle scenario in Wave B, I told you about it.
I was waiting to see if the market could break the lower B-D boundary.
I also pointed out that if the market goes beyond wave A, this triangle is invalid and we do not trade it.
That is why I specify Invalidation level for my students.
Being out of the market is fine, there is no loss. I don't have the task of being right all the time, I have the task of trading setups where the reward is greater than the risk by several times. Or to stay out of the market.
β The market didnβt break the triangle to the downside, I stayed out of the market β
https://www.tradingview.com/x/b4gOgfVy/
On Monday I looked at the ABCDE triangle scenario in Wave B, I told you about it.
I was waiting to see if the market could break the lower B-D boundary.
I also pointed out that if the market goes beyond wave A, this triangle is invalid and we do not trade it.
That is why I specify Invalidation level for my students.
Being out of the market is fine, there is no loss. I don't have the task of being right all the time, I have the task of trading setups where the reward is greater than the risk by several times. Or to stay out of the market.
β The market didnβt break the triangle to the downside, I stayed out of the market β
https://www.tradingview.com/x/b4gOgfVy/
Yesterday, I suggested another idea to sell Gold.
I also showed this idea to you.
I thought wave C was forming an Ending diagonal and in case of a breakdown we could enter the market.
The confirmation level was at the lower boundary of the channel.
Invalidation level = the top of Wave C.
π° Risk/Reward = 1/6
The market failed to confirm this idea, and moved above wave C.
I stayed out of the market.
Losses? No loss π
There was an idea with R/R = 1/6, and it failed to confirm π
You have seen what my premium looks like and that it is possible to be wrong and still not lose money.
The most important thing for me is that my students' deposits are safe.
I will find a new good trade in the coming days.
I will determine a reliable confirmation level and we will definitely make money.
https://www.tradingview.com/x/2uoF2tU1/
I also showed this idea to you.
I thought wave C was forming an Ending diagonal and in case of a breakdown we could enter the market.
The confirmation level was at the lower boundary of the channel.
Invalidation level = the top of Wave C.
π° Risk/Reward = 1/6
The market failed to confirm this idea, and moved above wave C.
I stayed out of the market.
Losses? No loss π
There was an idea with R/R = 1/6, and it failed to confirm π
You have seen what my premium looks like and that it is possible to be wrong and still not lose money.
The most important thing for me is that my students' deposits are safe.
I will find a new good trade in the coming days.
I will determine a reliable confirmation level and we will definitely make money.
https://www.tradingview.com/x/2uoF2tU1/
Elliott Wave Count
> 2,000 likes... That's incredible, thank you! β€οΈ I made a video where I shared what risks I see in the idea for DXY growth for the near term. Can we get 2,000 likes on Instagram?
I showed you EUR/USD and USD/CHF trades.
This student bought a 3-month subscription on January 7th.
He follows my instructions, waits for confirmation levels, and does not risk in vain.
Today he wrote to me that he has already recouped his investment in my service. It took him 2 weeks and 3 good trades.
Of course in the next 2,5 months I will easily find some more good trades for him to increase his capital even more.
Let's try to work together?
I will do my best to make your investment give a financial result.
This student bought a 3-month subscription on January 7th.
He follows my instructions, waits for confirmation levels, and does not risk in vain.
Today he wrote to me that he has already recouped his investment in my service. It took him 2 weeks and 3 good trades.
Of course in the next 2,5 months I will easily find some more good trades for him to increase his capital even more.
Let's try to work together?
I will do my best to make your investment give a financial result.
Elliott Wave Count
EURUSD is forming a reversal pattern that I have shown you many times before. β
Ending Diagonal β
Wave 1 and Wave 4 overlapped β Do not rush to buy inside the diagonal, because the market can still fluctuate and even fall. π€ I have circled in black theβ¦
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What makes my style of wave analysis unique is that I make money, unlike other analysts who put letters on charts.
I have developed my understanding of waves to the point where I can consistently find the best setups and make money.
π₯³ Congrats to everyone who played against the dollar in the last 2 weeks
π₯ It's a great Friday!
I have developed my understanding of waves to the point where I can consistently find the best setups and make money.
π₯³ Congrats to everyone who played against the dollar in the last 2 weeks
π₯ It's a great Friday!
#XAUUSD #Gold
If you want to work with me, it is important for you to understand how I work.
Strict discipline and only conscious action.
We are not animals that jump into every trade.
I did not trade the last rising wave in Gold because I expected a fall.
The market did not confirm my scenario so we stayed out of the market.
It did not cause any loss to me or my students. The last wave is still below last top, so I will be watching what happens in the coming days. It's too late to buy and too early to sell.
In the meantime, we have some great profitable Forex trades right now.
If you like conscious and safe trading, you can learn from me and work with me.
If you want to work with me, it is important for you to understand how I work.
Strict discipline and only conscious action.
We are not animals that jump into every trade.
I did not trade the last rising wave in Gold because I expected a fall.
The market did not confirm my scenario so we stayed out of the market.
It did not cause any loss to me or my students. The last wave is still below last top, so I will be watching what happens in the coming days. It's too late to buy and too early to sell.
In the meantime, we have some great profitable Forex trades right now.
If you like conscious and safe trading, you can learn from me and work with me.
Elliott Wave Count
> 2,000 likes... That's incredible, thank you! β€οΈ I made a video where I shared what risks I see in the idea for DXY growth for the near term. Can we get 2,000 likes on Instagram?
I'm adding another fresh example to our collectionπ Everything is like a textbook.
π I want to make a huge collection of successful wave patterns with theory and real examples so that anyone can learn how to trade waves π
Many years ago I chose to focus on Wave Trading, Elliott Waves is fully consistent with my expectations π
Trade Wave patterns with me π
π I want to make a huge collection of successful wave patterns with theory and real examples so that anyone can learn how to trade waves π
Many years ago I chose to focus on Wave Trading, Elliott Waves is fully consistent with my expectations π
Trade Wave patterns with me π
Sunday βοΈ breakfast gave me an idea to share with you the basic scenarios for the Gold market.
βοΈ I presented 3 scenarios, but essentially there are only 2.
πΉ If the market has completed wave 4 and is now in wave 5, there will soon be a significant downward correction.
πΈ Alternatively, the market may still be in wave 4, which means the decline is even closer.
In both cases, I'm out of the market and waiting for an opportunity to SELL at the highest historical price, rather than buy at it π
π€ If you agree with this logic, I would like to collaborate on this idea with you.
βοΈ Which scenario do you believe is more likely?
π€© I'm eager to hear your thoughts!
βοΈ I presented 3 scenarios, but essentially there are only 2.
πΉ If the market has completed wave 4 and is now in wave 5, there will soon be a significant downward correction.
πΈ Alternatively, the market may still be in wave 4, which means the decline is even closer.
In both cases, I'm out of the market and waiting for an opportunity to SELL at the highest historical price, rather than buy at it π
π€ If you agree with this logic, I would like to collaborate on this idea with you.
βοΈ Which scenario do you believe is more likely?
π€© I'm eager to hear your thoughts!
Elliott Wave Count
A good setup is forming on USD/CHF π This is a unique place for the bearish triangle as it opens interesting opportunities for wave traders. π I'm showing here the general direction for experienced traders. π‘ If you don't have much experience, stay out ofβ¦
10 days ago, I had a plan to make over 1000 pips in this trade with a risk/reward ratio of 1/13 π
π€© It was an awesome setup, and it's not often that you find such a perfect pattern in the live market.
π The market has since fallen by more than 200 pips, so there is no longer any risk of losing money.
Instead, we will be moving our stop to breakeven to protect our money.
β€οΈ Now it's just a matter of how much we can make from this trade.
I will do my best to squeeze out every last pip possible from the marketπ°
π€© It was an awesome setup, and it's not often that you find such a perfect pattern in the live market.
π The market has since fallen by more than 200 pips, so there is no longer any risk of losing money.
Instead, we will be moving our stop to breakeven to protect our money.
β€οΈ Now it's just a matter of how much we can make from this trade.
I will do my best to squeeze out every last pip possible from the market
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Elliott Wave Count
Sunday βοΈ breakfast gave me an idea to share with you the basic scenarios for the Gold market. βοΈ I presented 3 scenarios, but essentially there are only 2. πΉ If the market has completed wave 4 and is now in wave 5, there will soon be a significant downwardβ¦
All right, Gold.
I summarized the main options for you yesterday, hopefully everyone checked it out.
Today I see resistance at the top, Iβm watching gold closely to determine a future trade as soon as possible.
I summarized the main options for you yesterday, hopefully everyone checked it out.
Today I see resistance at the top, Iβm watching gold closely to determine a future trade as soon as possible.
Elliott Wave Count
All right, Gold. I summarized the main options for you yesterday, hopefully everyone checked it out. Today I see resistance at the top, Iβm watching gold closely to determine a future trade as soon as possible.
It's a very important moment β€οΈ
How long can Gold hold the trend?
π I'm keeping a close eye on Gold.
β‘οΈ Join me
How long can Gold hold the trend?
π I'm keeping a close eye on Gold.
β‘οΈ Join me
Elliott Wave Count
EUR/USD is making a short-term correction.
When I was studying waves, there were no such videos π
ββ
π I had to gather all the knowledge from books and learn to apply it on real charts.
π In this video I wanted to show that any impulse consists of 5 waves. Each of the motive waves is also divided into 5 sub-waves.
π After 5 waves there is ABC correction to Fibonacci levels.
π° Depending on your strategy this knowledge can be used in your trading journey.
β€οΈ I make these videos for those who are studying wave theory.
π₯ As a great result in the development of the Wave Method, more than 80K Traders have joined my free Telegram π₯
In honor of this achievement I set up a special promotion for those who want to become a successful trader under my guidance!
π I had to gather all the knowledge from books and learn to apply it on real charts.
π In this video I wanted to show that any impulse consists of 5 waves. Each of the motive waves is also divided into 5 sub-waves.
π After 5 waves there is ABC correction to Fibonacci levels.
π° Depending on your strategy this knowledge can be used in your trading journey.
β€οΈ I make these videos for those who are studying wave theory.
π₯ As a great result in the development of the Wave Method, more than 80K Traders have joined my free Telegram π₯
In honor of this achievement I set up a special promotion for those who want to become a successful trader under my guidance!
The trend line is very clearly formed.
What does it mean for us?
The market is still under the control of the bulls, so it is crucial for them to keep the growth within the current trend line, otherwise the bears will take over the initiative.
Watch the trend lineβ€οΈ
What does it mean for us?
The market is still under the control of the bulls, so it is crucial for them to keep the growth within the current trend line, otherwise the bears will take over the initiative.
Watch the trend line
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Elliott Wave Count
When I was studying waves, there were no such videos π
ββ π I had to gather all the knowledge from books and learn to apply it on real charts. π In this video I wanted to show that any impulse consists of 5 waves. Each of the motive waves is also divided intoβ¦
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During deep corrections, I stay in control with wave analysis π§ββοΈ
π My knowledge of wave principles overrides my emotions and fear.
Proofsπ
1st Impulse
Correction (Wave 2)
The next impulse
π I know that wave C shouldn't fall below the start of wave 1, so that's where I set my stop and allow the market time and space to work.
π°π£ News, panic, and emotion are all for the crowd.
π«‘ I look at the chart and turn off my emotions.
π° The market quickly closes the gap and makes a profit!
π My knowledge of wave principles overrides my emotions and fear.
Proofsπ
1st Impulse
Correction (Wave 2)
The next impulse
π I know that wave C shouldn't fall below the start of wave 1, so that's where I set my stop and allow the market time and space to work.
π°π£ News, panic, and emotion are all for the crowd.
π«‘ I look at the chart and turn off my emotions.
π° The market quickly closes the gap and makes a profit!