https://www.tradingview.com/x/2bAhdAHN/
Gold Trade Update:
Yesterday I share with you the potential of a correction before the next breakout out on Gold. As expected, we got that correction. This would have provided added buying opportunities, to capitalize on the trend.
Analysis posted yesterday➡️Link
This is where we are today. Another 200+ pips move 😁✅
Kudos🤟, if you were able to make some money 💰from my analysis.
If you need help with your trading journey, feel free to communicate with my via my bot ASK WAVE FX
Gold Trade Update:
Yesterday I share with you the potential of a correction before the next breakout out on Gold. As expected, we got that correction. This would have provided added buying opportunities, to capitalize on the trend.
Analysis posted yesterday➡️Link
This is where we are today. Another 200+ pips move 😁✅
Kudos🤟, if you were able to make some money 💰from my analysis.
If you need help with your trading journey, feel free to communicate with my via my bot ASK WAVE FX
https://www.tradingview.com/x/YtkGLm8O/
Goodnight. Here is an analysis of NIKE (NKE) listed on the NYSE.
I promised to do and share my analysis on this based on a question i was asked on an interview i did last night. I will also share a link to the interview here as well for thos ewho missed it.
Goodnight. Here is an analysis of NIKE (NKE) listed on the NYSE.
I promised to do and share my analysis on this based on a question i was asked on an interview i did last night. I will also share a link to the interview here as well for thos ewho missed it.
Good morning my trading colleagues.
It's time for another quick lesson on Elliot Wave Principles🏄♂️.
👨🏫Today I want to start looking at corrections.
This is generally the most complex part of the wave theory and the hardest to identify.
Remember the market's 2 stages (waves)
Motive and corrective.
Motive waves:
Impulse
Diagonal
Corrective waves:
🔸️Flat
🔸️Irregular
🔸️ ZigZag
🔸️Triangle
Today we're looking at Flat correction.
Attached to this message ⬇️ is an example of a flat correction.
Save is📥, share it📧, remember it🧠.
Know when the market is correcting. This helps you to join the trend early once it resumes.✔
It's time for another quick lesson on Elliot Wave Principles🏄♂️.
👨🏫Today I want to start looking at corrections.
This is generally the most complex part of the wave theory and the hardest to identify.
Remember the market's 2 stages (waves)
Motive and corrective.
Motive waves:
Impulse
Diagonal
Corrective waves:
🔸️Flat
🔸️Irregular
🔸️ ZigZag
🔸️Triangle
Today we're looking at Flat correction.
Attached to this message ⬇️ is an example of a flat correction.
Save is📥, share it📧, remember it🧠.
Know when the market is correcting. This helps you to join the trend early once it resumes.✔
https://www.tradingview.com/x/o94MKOxJ
Current market conditions for USDCAD
Here we can see that we had a leading diagonal for wave (i) and a flat correction for wave (ii).
Inside the flat correction, we have the c wave created an ending diagonal.
This is a clear indication that the trend will continue.
Current market conditions for USDCAD
Here we can see that we had a leading diagonal for wave (i) and a flat correction for wave (ii).
Inside the flat correction, we have the c wave created an ending diagonal.
This is a clear indication that the trend will continue.
Good morning my trading colleagues.
It's time for another quick lesson on Elliot Wave Principles🏄♂️.
👨🏫Today we continue to look at corrections.
This is generally the most complex part of the wave theory and the hardest to identify.
Remember the market's 2 stages (waves)
Motive and corrective.
Motive waves:
Impulse
Diagonal
Corrective waves:
🔸️Flat
🔸️Irregular
🔸️ ZigZag
🔸️Triangle
Today we're looking at ZigZags.
Attached to this message ⬇️ is an example of a ZigZag correction in realtime.
Save is📥, share it📧, remember it🧠.
Know when the market is correcting. This helps you to join the trend early once it resumes.✔
It's time for another quick lesson on Elliot Wave Principles🏄♂️.
👨🏫Today we continue to look at corrections.
This is generally the most complex part of the wave theory and the hardest to identify.
Remember the market's 2 stages (waves)
Motive and corrective.
Motive waves:
Impulse
Diagonal
Corrective waves:
🔸️Flat
🔸️Irregular
🔸️ ZigZag
🔸️Triangle
Today we're looking at ZigZags.
Attached to this message ⬇️ is an example of a ZigZag correction in realtime.
Save is📥, share it📧, remember it🧠.
Know when the market is correcting. This helps you to join the trend early once it resumes.✔
https://www.tradingview.com/x/R8hS4yis
UsdCad 8hr chart.
I have identified a leading diagonal for wave 1, followed by a WXY complex correction for wave 2.
Should price break the lows which started wave 1 the bullish forecast becomes invalid.
I always wait for confirmation before placing a trade, and I avoid trading the correction, due to its uncertainty.
Always have a plan when trading, and follow that plan every time.
If you need help with your trading journey, feel free to message my bot: @askwfx_bot
UsdCad 8hr chart.
I have identified a leading diagonal for wave 1, followed by a WXY complex correction for wave 2.
Should price break the lows which started wave 1 the bullish forecast becomes invalid.
I always wait for confirmation before placing a trade, and I avoid trading the correction, due to its uncertainty.
Always have a plan when trading, and follow that plan every time.
If you need help with your trading journey, feel free to message my bot: @askwfx_bot
https://www.tradingview.com/x/TQaHGptj
Gold from a 4HRS perspective
Market as clearly identified impulsive waves; i, ii, & iii.
Based on the rules of impulse waves, wave iv cannot enter the territory of wave wave i.
Therefore my invalidation point is placed at the top of wave i.
Wave iii cannot be the shortest, and since we already have wave i longer than iii, then wave v must be shorter than wave iii. So while I can't predict the market without a🔮 crystal ball, I know that my target (TP) must be lower than $1837.00.
Gold from a 4HRS perspective
Market as clearly identified impulsive waves; i, ii, & iii.
Based on the rules of impulse waves, wave iv cannot enter the territory of wave wave i.
Therefore my invalidation point is placed at the top of wave i.
Wave iii cannot be the shortest, and since we already have wave i longer than iii, then wave v must be shorter than wave iii. So while I can't predict the market without a🔮 crystal ball, I know that my target (TP) must be lower than $1837.00.
https://www.tradingview.com/x/WMaSyILh
A couple weeks ago I shared a leading diagonal pattern on DXY, see example post.
Leading diagonals are located only in Wave 1 or Wave A, which means in either case we should see correction in the market.
This was clear as we saw the dollar weakened. Once the correction is done, we can expect the main trend to continue.
Interesting times ahead for the USD.
Gain an advantage over the market. Join the Wave FX Exclusive Trading Room.
Improve your trading results.
A couple weeks ago I shared a leading diagonal pattern on DXY, see example post.
Leading diagonals are located only in Wave 1 or Wave A, which means in either case we should see correction in the market.
This was clear as we saw the dollar weakened. Once the correction is done, we can expect the main trend to continue.
Interesting times ahead for the USD.
Gain an advantage over the market. Join the Wave FX Exclusive Trading Room.
Improve your trading results.
https://www.tradingview.com/x/B52vnlNO
Yesterday I shared my thoughts on Gold with you. The market hit $1790 but declined and hit my invalidation point below $1758.00. This move invalidated a wave 3 and 4.
At this stage the market is still maintaining a bullish forecast, therefore the most logical reasoning is that we have a wave 3 extension.
Should this hold, we should have a strong bullish momentum for the 3rd wave.
Yesterday I shared my thoughts on Gold with you. The market hit $1790 but declined and hit my invalidation point below $1758.00. This move invalidated a wave 3 and 4.
At this stage the market is still maintaining a bullish forecast, therefore the most logical reasoning is that we have a wave 3 extension.
Should this hold, we should have a strong bullish momentum for the 3rd wave.
https://www.tradingview.com/x/Lxngowgc
Last week I shared a forecast for Gold (XAUUSD), where I stated that though the market had hit the invalidation point, it still maintained the bullish structure. Today it is clear to see that Elliott Wave Theory, is the closest thing to accurately predict the market.
Start with a full understanding of the market and Price Action Trading, then, apply Elliot Wave Principles.
Trade Forex with Wave FX Academy
Last week I shared a forecast for Gold (XAUUSD), where I stated that though the market had hit the invalidation point, it still maintained the bullish structure. Today it is clear to see that Elliott Wave Theory, is the closest thing to accurately predict the market.
Start with a full understanding of the market and Price Action Trading, then, apply Elliot Wave Principles.
Trade Forex with Wave FX Academy
https://www.tradingview.com/x/NlEtBP4a
Today I'm sharing my analysis of USDJPY with you.
It is clear where the market made a 5 wave cycle to complete wave (1) and a ABC correction to complete wave (2).
Now we can expect another 5 wave cycle to complete wave (3)
Today I'm sharing my analysis of USDJPY with you.
It is clear where the market made a 5 wave cycle to complete wave (1) and a ABC correction to complete wave (2).
Now we can expect another 5 wave cycle to complete wave (3)
https://www.tradingview.com/x/evRC5PMk
DXY 8Hrs Chart.
ZIGZAG correction identified where wave (A) was a 12345 cycle, and wave (C) is also a 12345 cycle.
It is not clear that wave 5 is finished, but we can expect that there should be strength in the US dollar very soon.
DXY 8Hrs Chart.
ZIGZAG correction identified where wave (A) was a 12345 cycle, and wave (C) is also a 12345 cycle.
It is not clear that wave 5 is finished, but we can expect that there should be strength in the US dollar very soon.
https://www.tradingview.com/x/vPocJPhh
A couple days ago, I share my analysis and forecast for USDJPY. As expected the bulls have returned to play their role in moving the market higher.
To ensure I minimize my overall risk, I move my Invalidation (SL) to the ending of wave 2.
Why?
If I'm correct with my analysis this impulse should not get lower than the ending of wave to, if the structure should maintain its validity.
Trading is all about following a specific plan everytime.
Trade Forex with Wave FX Academy.
Understand the Principles and psychology of the market and how tonus it to your advantage every time
A couple days ago, I share my analysis and forecast for USDJPY. As expected the bulls have returned to play their role in moving the market higher.
To ensure I minimize my overall risk, I move my Invalidation (SL) to the ending of wave 2.
Why?
If I'm correct with my analysis this impulse should not get lower than the ending of wave to, if the structure should maintain its validity.
Trading is all about following a specific plan everytime.
Trade Forex with Wave FX Academy.
Understand the Principles and psychology of the market and how tonus it to your advantage every time
https://www.tradingview.com/x/9C3YOKNl/
Monthly chart for EurNzd. My projection is for the Bulls to take control provide a strong rally.
What are your thoughts?
👍= Bull Market
👎= Bear Market
Monthly chart for EurNzd. My projection is for the Bulls to take control provide a strong rally.
What are your thoughts?
👍= Bull Market
👎= Bear Market
A month ago, I shared an analysis on Gold fo everyone to see (Gold Analysis April 14th, 2021)
The following day I provided an update confirming my bullish projection April 15th, 2021
This was the result of that trade, with a net profit of 900 pips.
There were other trades that I shared, that turned out to be losers, however, you only need 1 good trade to guarantee consistent PROFIT.
This is what trading is all about. Not every trade will be a winner, BUT we must take every trade that meets our strategy. The rest we allow our Risk Management and Money Management Plan to work out. It will all fall in place.
LEARN THE PRINCIPLES OF THE MARKET
UNDERSTAND HOW THE MARKET MOVES AND THE MANIPULATIONS THE CONTROLS PRICE ACTION
TRADE FOREX WITH WAVE FX
The following day I provided an update confirming my bullish projection April 15th, 2021
This was the result of that trade, with a net profit of 900 pips.
There were other trades that I shared, that turned out to be losers, however, you only need 1 good trade to guarantee consistent PROFIT.
This is what trading is all about. Not every trade will be a winner, BUT we must take every trade that meets our strategy. The rest we allow our Risk Management and Money Management Plan to work out. It will all fall in place.
LEARN THE PRINCIPLES OF THE MARKET
UNDERSTAND HOW THE MARKET MOVES AND THE MANIPULATIONS THE CONTROLS PRICE ACTION
TRADE FOREX WITH WAVE FX
https://www.tradingview.com/x/pDY4qXta/
Hi Traders,
Today I am highlighting USDCAD from a 2 day perspective. We have been in a bear market for the better part of a year. Based on my analysis with the use of price action and Elliott wave principles we should start seeing some growth for the USD.
Do you think the bear market is over?
Comment and let me hear your thoughts.
Hi Traders,
Today I am highlighting USDCAD from a 2 day perspective. We have been in a bear market for the better part of a year. Based on my analysis with the use of price action and Elliott wave principles we should start seeing some growth for the USD.
Do you think the bear market is over?
Comment and let me hear your thoughts.
Shared this outlook for gold with the team inside the exclusive trading room.