The 76 correction strategy aims to pick up optimal continuation trades into large retracements. It's a trend following strategy that aims to enter into strong counter trend moves to a 76% retracement of the previous trend leg. This strategy usually performs best when combined with Elliot wave. Waiting for there to be a full impulsive leg in 5 waves followed by a...
Hello! ➡️In this lecture, we will cover one of the most common or popular correction options - triangles. I remind you that we are now considering various correction structures that are encountered both separately and can be part of more complex structures. ➡️Triangles are probably the most popular pattern for all beginners, yes, and not only beginners. It is...
Learn how powerful Fibonacci Retracements and Fibonacci Price Theory are when adequately deployed. It can tell where and when to target entries, trends, risks, and reversals. Anyone can do this when they learn to efficiently manage the ranges and use Fibonacci tools in Trading View. It's time you took a few minutes to learn the PRICE is the ultimate indicator....
👩🏻💻 Welcome to the 4th lecture on Elliott Waves! ➡️In this lecture, we will start discussing the variations for corrective movements. Let's begin with the simplest one - it's zigzags. ➡️By correction, we mean the construction "ABC" after an impulse. This reminds us of a zigzag, hence the name. Also, we can encounter it in each corrective wave, that is, "2" and...
The 1.61 head fake strategy is intended to give early signals of where a high/low might be and be an early tell on the potential turn of the trend. This strategy can be used for both pullbacks and reversals. When traded as a correction, this strategy usually is successful in the forecasting and trading of the end of Elliot wave 5 heading into the ABC....
Welcome to Swing Mapping Part 3, where we delve into three different approaches to trade management using swing mapping methods. Trade management always represents a trade-off between taking profits early and letting winning trades run. There is no perfect solution, but by understanding different approaches, traders can tailor their strategies to their risk...
Welcome to the first instalment of our 3-part series on swing mapping – a highly underestimated technique that can be applied to any market on any timeframe. In Swing Mapping Part 1: Key Principles you will learn: Why it’s the bedrock of all market structure analysis How to swing map in four simple steps Why it’s so important to do it yourself rather...
Harmonic ABCD pattern is a classic reversal pattern. In this article, I will teach you how to recognize that pattern and trade it properly. This pattern is composed of 3 main elements (based on wicks of the candles): 1️⃣ AB leg 2️⃣ BC leg 3️⃣ CD leg The pattern is considered to be bullish if AB leg is bearish. The pattern is considered to be bearish if...
👩🏻💻Welcome to the 3nd lecture on Elliott Waves! ➡️In this lecture, I will talk about the Leading and Ending diagonals as the primary and most common variations of impulsive waves. We will also touch on the Expanding diagonal, which occurs significantly less frequently. Earlier, we covered the general concept of impulse and its structure. Now, I will...
Knowing when the RSI and price are in a ranging phase even in the short term can be a difficult process. You are either #Ranging #bullish or #bearish. At least in the Algo v6 you can get a clear vision of exactly whats happening. In this video im going to give you a VERY simple strategy on: 1. How to know if the RSI and price are ranging 2. When do i break away...
HIGH LEVEL TRADE PLAN HTF Objective -> MTF POIs -> LTF Execution 1/ After HTF BOS, expect HTF Swing pullback - Mitigation of HTF supply - HTF CHoCH/i-BOS - Target HTF demand in discount 2/ You must wait for a MTF POI mitigation before looking for LTF entry model, otherwise wait for MTF CHoCH/i-BOS to form fresh MTF POi. The latter is recommended when trading...
Hello, NVIDIA Corp engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU), Tegra Processor, and All Other. The company is setting up for buy positions on the 6hour & bigger timeframes. I will be looking to buy the stock from...
Trading Structure can be tricky. You can see a Break of Structure (BOS), your trying to get in on retracements and just keep getting Stopped out? This will help. Trade only after a Liquidity Grab, I'm going to call this a "Grubber". After the Grubber, There must be a STRONG Impulse move which breaks Structure in the Opposite Direction, Then you have to wait...
Liquidity: LQ High/Low LQ Strong High/Low => Swing High/Low LQ trendline LQ Equal High/Low Liquidity => Strong High/Low => Break => Swing High/Low
1. Flip creates + sweeps high 2. Flip creates + sweeps equal highs 3. Flip sweeps high in prior leg 4. Initial Flip reaction gets swept
I published 3 indicators for trading using Bill Williams' Profitunity strategy. For each indicator, I have added a visual and detailed description in English and Russian. In this post I will briefly describe these indicators and how I use them together. AFDSA indicator (Alligator + Fractals + Divergent & Squat Bars + Signal Alerts) Includes Williams...