Wave FX Academy || Official Channel
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Welcome to the Wave FX Academy. We provide educational materials to traders, while sharing our knowledge and experience.
We are here to teach you how to improve your skills and generate wealth.
We Trade, We Teach, We Mentor
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Forwarded from Samore Smith
https://www.tradingview.com/x/PBAHbDIm

EurCad trade setup
4hr chart
β€‹β€‹πŸ’°+550 PIPS from USDJPY(I CALLED IT)

I really LOVE β™₯️ trading, and showing others how to make money from trading too.

Hopefully you have been finding my analysis and forecasts helpful.
I shared a Free analysis with you predicting USDJPY to hit $109 and even higher. Do you remember? Click ➑️ USDJPYFreeAnalysis
⚠️ I also posted an update based on market movements ➑️ usdjpyUpdate
which indicated the levels ideal to start buying and where to invalidate your buys.
Once the market confirmed the bull run, I made sure to notify you here ➑️ Confirm BUY

This is where we are today!
Congrats if you were able to capitalize and make moneyπŸ€‘πŸ€‘πŸ€‘

Show your support by hitting the Like πŸ‘ button
Comment below ⬇️ the pair you want me to analyze next.
​​​Today is Sunday and it's a good time to prepare for the trading week ahead. I'd like to remind you of the basic principles of Elliot Wave Theory and practice with you a bit.

Are you ready? πŸ˜€

πŸ“ŒWave 2 never moves beyond the start of wave 1

πŸ“ŒWave 3 is never the shortest one

πŸ“ŒWave 4 never enters the price territory of wave 1

πŸ’‘ Now let's practice!

Which one of four wave counts is correct?
​​Last week I shared an analysis of Gold
➑️ Link. The market provide opportunities for us to buy, based on that analysis.

πŸ“šThis week we are at a very interesting point.
We can have a breakout higher πŸ“ˆ
or a breakdown lower πŸ“‰. I simply cannot ignore the upper channel boundary that has been holding firm. I would need to see a break of that structure to continue buying.

What are your thoughts?
Comment below ⬇️
Happy Monday Traders πŸŽ‰πŸŽ‰πŸŽ‰
It's a new week filled with new opportunities and new MONEY πŸ’°πŸ’°πŸ’΅πŸ’ΆπŸ’·
Here's something to help with that process.
Forwarded from Samore Smith
https://www.tradingview.com/x/HeIHhqL5/

EurCad Weekly Timeframe.

from this chart you are seeing 2 possibilities,
1 for a bullish scenario and the next with a bearish forecast.

How do you proceed?

You may not be sure at first, but when you start putting things into context it will become clearer.
Forwarded from Samore Smith
https://www.tradingview.com/x/xVl9VbcR/

using basic market principles, we can start seeing things a little clearer.
From these points that we would have identified, we can see that the point of least resistance for the market is to push higher, rather than lower.
Forwarded from Samore Smith
https://www.tradingview.com/x/bK0EBMF5/

Apply Elliott Wave to the same structure, and you're also getting a clear view as well.
β€‹β€‹πŸ“šTrade of the Day
πŸ’±Pair: AudCad
πŸ“Š Analysis: Market has completed an ABC correction lower to complete Wave 4.

This move was followed by an impulsive waveπŸ“ˆhigher to break the upper boundary of the down channel, followed by an ABC correctionπŸ“‰ to retest the channel.

We could count this Impulse - Correction as Wave i and Wave ii.

πŸ’‘The market only has 2 stages, an impulsive stage and a corrective stage. Once the corrective stage is over, we should expect a new impulsive stage to begin.

What do you think? Comment Below⬇️

πŸ”ΈοΈSupport my Channel, Like πŸ‘ and Share so other can benefit from the educational content here.😁
​​Trading can be a very difficult job at times. Especially if you trade on your own. Sometimes all you need is a little motivation.

Guess what? This is exactly what we'll be giving you... Motivation!
Join Wave Fx on Telegram Voice Chat every Monday at 6:30am.

Listen as trading experts discuss personal trading experiences, challenges and the methods we use to overcome them.

Participate in the discussion, ask questions and let's grow together as successful and profitable traders.
​​Hey Colleagues,
I could make all my posts about myself and my skillset, but how does that contribute to you making money?

πŸ’‘Instead like to show the results of my team they went through my training, and are making consistent profits on their own as Independent traders. πŸŽ‰

These are of few recent results submitted. I didn't block out the lot sizes either. This year I'm showing everything. We are celebrating even the smallest victory.

Why? It is taking us 1 step closer to our goals and aspirations. Let's grow together.

Join the Wave FX on Telegram Voice Chat every Monday at 6:30am.
🎧 Listen as experienced traders share their knowledge with you.
Turn on your Notifications πŸ””πŸ”Š
Share and invite your friends
​​TRADING TIP:

You won't be RIGHT πŸ’―% of the time.
Trading requires the understanding that every strategy has its Flaw, and at some point you will experience a Loss.

This however, should not discourage you. Simply remember:

Before you enter any trade ask yourself 2 questions.

πŸ”ΈοΈ Where will I exit with a profit?

πŸ”ΈοΈ Where will I exit with a Loss?


If you are comfortable with both, then take the trade with confidence that you understand the risk.

A few Days ago I shared this trade.
Remember? ➑️ LINK

You can see where I indicated an invalidation 🚫 point on the chart, where I will exit if things don't go according to plan.

This is to prevent me from larger loss than I bargained for.

πŸ˜₯ Unfortunately it did turn out to be a losing trade. However without that invalidation point, I'd have suffered a heavier defeat.😁

Take a look at the current price action in the attached image.
You can also see where I was able to review πŸ”and improve my analysis too.

πŸ“If you are struggling and you need some assistance, send me a message using the link below ⬇️

Link Below ⬅️
Shared this with the team inside The Exclusive Trading Room.
Forwarded from Wave FX Market Analysis
https://www.tradingview.com/x/9cmLigRA/

gold outlook from a 15minute view.|| Possibly a leading diagonal to start wave 1
Based on the Analysis, we could minimize Risk. So we were able to take an entry with a good Risk/Reward Ratio.
Forwarded from Wave FX || Exclusive Trading Room (Mentor Samore)
https://www.tradingview.com/x/wLl23TmX/

my entry, based on the analysis of a Leading Diagonal.

If i'm wrong, then the risk is small to get out.
Take Profit Hit, immediately without any Drawdown.

πŸ€‘πŸ€‘πŸ€‘πŸ€‘