Let me state from the outset that the forex market is one of limits. It’s a fickle market more prone to intra-day reversals than breakouts and sustained moves. This is why I look at the forex market...
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Tag: trends
A 5-wave trend can be reversed by a 3-wave countertrend that is full of corrective wave patterns in Elliott Wave Theory. The Elliott Wave Theory is generally applied to bull markets, but it may prove useful...
I was asked the following question, I have seen you use the term “liquidating market” and my question is how do you define it and how do you trade it? What is a liquidating market? A liquidating...