This is my wave counting or macro wave theory and counting. Yes, look different, wrong, terrible. There is a reason why price or wave leg are often overlay in live trading. Stoploss have to be killed in overlay. The Market is a killing land, not ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Love RSI. This is my chart. Merry Xmas to all here !

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Forget Neely, etc. wave counting. They are not useful for live chart or live trading. I put two charts for you to do wave counting with Neely or other method, can you get wave counting now? Market price chart is always correct, otherwise, your ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

No. Often see spike low below 78% or 100%. It is a key to watch the buy candles whether a swing low is hold up. Watch daily chart is key. See eur-usd last week hourly chart and daily chart. euro hourly chart in last week is a very good example. ...

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Gold, 1237 to 1222 zone, buyers may emerge.

Elliot wave, Harmonic And Ichimoku in CHINESE STYLE

Currency market is often hard to know where is price in next few bars. So, many losers are for few winners. There are lot of analysis methods for traders to use, eg. risk_oriented fundamental or technical analysis methods, directional_bias_oriented ...

Extracted Posts (complaints made)

10-30-60% formula ? This is so called "guru" formula, which are incorrect in many ways. No way to check or validate it. In recent years, all trading technical got changed as finance computing, eg. algo, system automatic trading, AI, etc... This ...

Extracted Posts (complaints made)

Hi, luke, I sent a private message to you. Check it.

Extracted Posts (complaints made)

This is my macro fundy trade idea. I am in waiting mood. The chart is macro_analysis_chart. Fundamental trade has no fallacy. Just the time of entry or exit will be depended on what happen in real-time.

Fundamental Analysis Fallacy

We know that the Fed will be the first to tighten monetary policy and we also know that Europe will likely be the last to see a sustained economic recovery. So what does that say to me? It says loud and clear that there is less risk to be short, ...

The Club!

thx, Tim. Good weekend.

Building an equity millipede

usd-jpy may be still range or down, if capped by 99.25. But, e-j, g-j, chf-j are in ready for jump. On fundy, cad-jpy will be a star as oil pop up in medium-term,due to Iran oil ban,mid-east chaos. my favour scenario, target 101, that is 700 pips ...

Building an equity millipede

Thank you, Morob. I have bookmarked the page, and will study it.

The Club!

Thanks, very good explain. This 3 drives often be found as wave 1, then, a pullback to 50%, then, a impulse leg come out. May be in tomorrow?

The Club!

This is not top or exhaustive run yet. So, not 3 drive? this may be still in a up channel? accumulation pattern? 1.3195- 3200 may be support.

The Club!

Thanks. Any more S/D pattern? what rules do you select a consolidation zone as supply level? where is next upside supply zone for eur-usd on daily chart? I wouldn't find.

The Club!

small pairs always give you trouble. kiwi, aussie, swiss, wild spread, hard to get out, etc. you are manipulated by market makers, dealers. go yen pairs, next week, big move come in.

Building an equity millipede

This is not " fundamental fallacy ". Fundamental trading has its target. When you short aussie in terms of RBA next expectation of rate cut in next month or next week, then, you enter short on aussie, and expect price to go down, down, down, till ...

Fundamental Analysis Fallacy

ok, is it the same as ATR(22) output? You can put 100 dma, 200 dma line, daily open plus daily range of 22 days, high/low plus daily range of 22 days into one indicator.

Extracted Posts (complaints made)

The main part of the job of a quant/algorithmic/discretionary trader is not to pull the trigger when a signal occurs but is to estimate the market context and how it fits his set of strategies. How do quant forecast what type market is next trading ...

Quantitative and Algorithmic Trading