Divergences. Wait for the indicator to move out of overbought/oversold territory. Another trick would be to wait for momentum highs and lows to hit overbought and oversold conditions, […]
How to Avoid Entering Too Early When Trading Divergences. While using divergences is a great tool to have in your trading toolbox, there are times when […]
How to Trade a Hidden Divergence. Next, let’s take a look at an example of some hidden divergence. Once again, let’s hop on to the daily […]
How To Trade Divergences. Now it’s time to put those Jedi divergence mind tricks to work and force the markets to give you some pips! In […]
Hidden Divergence. We covered regular divergences in the previous lesson, now let’s discuss what hidden divergences are. What’s a hidden divergence? Divergences not only signal a potential trend […]
Regular Divergence. What is a regular divergence? We used a regular divergence as a possible sign of a trend reversal. There are two types of regular […]
Trading Divergences. What if there was a low-risk way to sell near the top or buy near the bottom of a trend? What if you were already in a long position […]
Summary: Harmonic Price Patterns. Let’s summarize harmonic price patterns. Harmonic price patterns enable us to distinguish possible areas for a continuation of the overall trend. Six Harmonic […]
Continued. 3 Steps to Trading Harmonic Price Patterns. Let’s continue on our 3 steps to trading harmonic price patterns. Step 2: Measure the potential Harmonic Price […]
3 Steps to Trading Harmonic Price Patterns. As you may have guessed, profiting off Harmonic Price Patterns is all about spotting those “perfect” patterns and buying […]
Another Gartley Mutant Pattern. Let’s look at another Gartley mutant pattern, the Butterfly. The Butterfly Then, there is the Butterfly pattern. Like Muhammad Ali, if you spot […]
More Gartley Mutants: The Animals. Let’s take a look at more Gartley mutants – the animals. The Bat Come 2001, Scott Carney founded another Harmonic Price […]
Trading The Gartley Pattern. Once upon a time, there was this insanely smart trader dude named Harold McKinley Gartley. He had a stock market advisory service […]
Three-Drive. The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements. […]
The ABCD. Let’s start this lesson with the simplest harmonic pattern. So what could be more basic than the good old ABCs? We’ll just pop in another […]
Harmonic Price Patterns in the Forex Market. Let’s examine harmonic price patterns in the forex market. Now that you’ve got the classic chart patterns down, it’s time to […]
Three Cardinal Rules in Elliott Wave Theory. There are three cardinal rules in Elliott Wave Theory when labeling waves: Rule Number 1: Wave 3 can NEVER be […]
Summary: Elliott Wave Theory. Here’s a summary of what we covered regarding the Elliott Wave Theory: Elliott Waves are fractals. We can split each wave into parts, […]
Another Elliott Wave Scenario. Let’s take a look at another Elliott Wave scenario. This time, let’s use your knowledge of corrective wave patterns to grab those […]
How to Trade Forex Using Elliott Waves. This is probably what you all have been waiting for – drumroll please – using the Elliott Wave Theory in […]
3 Cardinal Rules of the Elliott Wave Theory. As you may have guessed, the key to using the Elliott Wave Theory in trading is all about being able […]