If you start your Elliott Wave count at the high, you’re basically identifying the movement to the downside. Conversely, if you start the count at the low, you’re identifying the movement to the upside. Many traders, even the more experienced traders, have difficulty figuring out where to begin the Elliott Wave count.
Most impulses in a motive contains extensions, an elongated impulse with exaggerated subdivisions. The formation of extensions tends to take place in 1 of the 3 impuls […]
After 3D printing, if you were to pick the next emerging tech category based on the amount of complaining per capita of capital invested, it might be augmented and virtual reality. That’s because the promise of merging the digital with the real world in different aspects of our lives is a long way off from materializing. In fairness, the expectations were pretty out of touch with reality. And the timeframe is truly infinitesimally small compared to the commercial introduction of something […]
He gave the concept that one indicator can’t withstand the complexity of the financial markets. Not even a single indicator can be considered a “perfect indicator.” He further added that an indictor couldn’t work on every timeframe under each condition. The Triple Screen trading system applies multiple trading indicators instead of a single indicator. The idea is to use as many indicators as possible to filter out false signals.
More specifically, traders should buy when […]
Net Profit Margin (also known as “Profit Margin” or “Net Profit Margin Ratio”) is a financial ratio used to calculate the percentage of profit a company produces from its total revenue. It measures the amount of net profit a company obtains per dollar of revenue gained. A stock’s market capitalization, or market cap, is the total value of all the outstanding shares of the stock. A higher market capitalization usually indicates a company that is more well-establishe […]
As noted in the article, the candle time MT4 indicator doesn’t usually come pre-installed within the MetaTrader software. But there is nothing too alarming about that – traders can search for the best candle timer indicators for MT4 on the internet and find the most suitable indicator version to their needs. When the short-term traders want to track the time for the next candle to begin in the candlestick chart, they use the candle timer indicator. This indicator allows them to find […]
After hitting a TP order, the market may continue to move in your trades direction, hurting your profitability. TP’s prevent reversals against winning trades and allow you to lock in profits. But the only way to be sure, is to analyze your trades and determine what works best for your strategy. It is clear to see that where we got out is nowhere near the overall move that the market made, in fact, the market fell another 700 pips after the TP exit .
The moment the exchange rate reaches th […]
