ββπTrade of the Day
π±Pair: AudCad
π Analysis: Market has completed an ABC correction lower to complete Wave 4.
This move was followed by an impulsive waveπhigher to break the upper boundary of the down channel, followed by an ABC correctionπ to retest the channel.
We could count this Impulse - Correction as Wave i and Wave ii.
π‘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 Belowβ¬οΈ
πΈοΈSupport my Channel, Like π and Share so other can benefit from the educational content here.π
π±Pair: AudCad
π Analysis: Market has completed an ABC correction lower to complete Wave 4.
This move was followed by an impulsive waveπhigher to break the upper boundary of the down channel, followed by an ABC correctionπ to retest the channel.
We could count this Impulse - Correction as Wave i and Wave ii.
π‘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 Belowβ¬οΈ
πΈοΈSupport my Channel, Like π and Share so other can benefit from the educational content here.π
ββTrading 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.
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.
ββHey Colleagues,
I could make all my posts about myself and my skillset, but how does that contribute to you making money?
π‘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. π
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.
π§ Listen as experienced traders share their knowledge with you.
Turn on your Notifications ππ
Share and invite your friends
I could make all my posts about myself and my skillset, but how does that contribute to you making money?
π‘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. π
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.
π§ Listen as experienced traders share their knowledge with you.
Turn on your Notifications ππ
Share and invite your friends
ββTRADING TIP:
You won't be RIGHT π―% 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.
πΈοΈ Where will I exit with a profit?
πΈοΈ 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? β‘οΈ LINK
You can see where I indicated an invalidation π« 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.
π₯ Unfortunately it did turn out to be a losing trade. However without that invalidation point, I'd have suffered a heavier defeat.π
Take a look at the current price action in the attached image.
You can also see where I was able to review πand improve my analysis too.
πIf you are struggling and you need some assistance, send me a message using the link below β¬οΈ
Link Below β¬ οΈ
You won't be RIGHT π―% 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.
πΈοΈ Where will I exit with a profit?
πΈοΈ 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? β‘οΈ LINK
You can see where I indicated an invalidation π« 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.
π₯ Unfortunately it did turn out to be a losing trade. However without that invalidation point, I'd have suffered a heavier defeat.π
Take a look at the current price action in the attached image.
You can also see where I was able to review πand improve my analysis too.
πIf you are struggling and you need some assistance, send me a message using the link below β¬οΈ
Link Below β¬ οΈ
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
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.
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.
π€π€π€π€
π€π€π€π€
To become a successful and profitable trader, you need to see yourself as a successful and profitable trader.
It's all about having the right Mindset.
Join the Wave FX team Live this and every Monday for MINDSET MONDAYS, right here on Telegram Chat. Turn on your Channel Notification. Share with a Friend.
LET'S GROW TOGETHER
It's all about having the right Mindset.
Join the Wave FX team Live this and every Monday for MINDSET MONDAYS, right here on Telegram Chat. Turn on your Channel Notification. Share with a Friend.
LET'S GROW TOGETHER
https://www.tradingview.com/x/e56fjWgO/
Spotlight Pair: NZDJPY
Trend has been progressing nicely to the upside. π
You can see we have a large trend and a smaller one taking shape.π
Inside the smaller trend, we have recently broken below the lower boundary after the market had completed waves 1, 2, & 3.
Now we expect wave 4 correction to stay above the ending point of wave 1 (setup invalid)π«
π‘WAVE GUIDLINES:
If Wave 2 was a sideways correction to 23.6% or 38.2% fibo level.βοΈ
expect wave 4 to be a sharp correction to 50% or 61.8% fibo level.βοΈ
We are currently resting on the 50% level. Do you think we will get to 61.8% or will the Bulls re-enter the market here?
Let me hear your thoughts. Comment below.β¬οΈ
Remember to Like and share. Tune in EVERY Monday for MINDSET MONDAYS. It's all about having the right mindset.π
Spotlight Pair: NZDJPY
Trend has been progressing nicely to the upside. π
You can see we have a large trend and a smaller one taking shape.π
Inside the smaller trend, we have recently broken below the lower boundary after the market had completed waves 1, 2, & 3.
Now we expect wave 4 correction to stay above the ending point of wave 1 (setup invalid)π«
π‘WAVE GUIDLINES:
If Wave 2 was a sideways correction to 23.6% or 38.2% fibo level.βοΈ
expect wave 4 to be a sharp correction to 50% or 61.8% fibo level.βοΈ
We are currently resting on the 50% level. Do you think we will get to 61.8% or will the Bulls re-enter the market here?
Let me hear your thoughts. Comment below.β¬οΈ
Remember to Like and share. Tune in EVERY Monday for MINDSET MONDAYS. It's all about having the right mindset.π
I hope you had a great trading week and you were able to make some money.
Its was a profitable week for the Traders inside the Exclusive Trading Room.
We closed out the week with over +1000 pips. π€―π€π€π€.
I will do a video to review some of the trades we took.
We're celebrating everyone's success.
Here's just a look at what a few of our colleagues submitted. It shows their growth over a short period of time.
πππ
Its was a profitable week for the Traders inside the Exclusive Trading Room.
We closed out the week with over +1000 pips. π€―π€π€π€.
I will do a video to review some of the trades we took.
We're celebrating everyone's success.
Here's just a look at what a few of our colleagues submitted. It shows their growth over a short period of time.
πππ
https://www.tradingview.com/x/OpfJLubM
Happy Sunday Traders
βI am often asked: What's the best timeframe to use Wave Analysis or can use the Waves at shorter time frames? (1 hour or less)
β
π Yep! of course you can. Here is an example for GBPCAD (5mins)
All rules of the wave principle are respected. β
Every wave is a smaller version of a bigger system. Always keep that in mind.
Therefore it is visible across all timeframes.
Happy Sunday Traders
βI am often asked: What's the best timeframe to use Wave Analysis or can use the Waves at shorter time frames? (1 hour or less)
β
π Yep! of course you can. Here is an example for GBPCAD (5mins)
All rules of the wave principle are respected. β
Every wave is a smaller version of a bigger system. Always keep that in mind.
Therefore it is visible across all timeframes.