Mental frameworks are a powerful tool that can help traders optimize their performance in the markets. By understanding the underlying principles of how markets work, traders can use mental frameworks to better anticipate market movements and make more informed trading decisions. Mental frameworks also allow traders to […]
Read more →This section is about the future of trading and the reasons why we need to use AI in our trading. It will cover the use cases of AI for traders, and how it can be used to trade stocks, forex, commodities, etc. AI is a computer system […]
Read more →Brief Introduction: The Elliott Wave Principle, or Elliott wave theory, is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices. Ralph Nelson Elliott (1871–1948), an American accountant, developed […]
Read more →Brief Introduction: The Elliott Wave Principle, or Elliott wave theory, is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices. Ralph Nelson Elliott (1871–1948), an American accountant, developed […]
Read more →Brief Introduction: The Elliott Wave Principle, or Elliott wave theory, is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices. Ralph Nelson Elliott (1871–1948), an American accountant, developed […]
Read more →Brief Introduction: The Elliott Wave Principle, or Elliott wave theory, is a form of technical analysis that finance traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology and price levels, such as highs and lows, by looking for patterns in prices. Ralph Nelson Elliott (1871–1948), an American accountant, developed […]
Read more →Rising wedges occur when both the slope of the lows and the highs are rising. The slope of the lows must be steeper though so that at some point it forms a point with the slope of the highs. Falling wedges occur when both the slope of […]
Read more →FxMath Harmonic Patterns Scanner Scans market finds patterns and draws on chart. FxMath Scanner calculates Stoploss, Entry price, and 3 levels Take profits. Sometimes Harmonic Patterns extend and patterns will convert to invalid patterns. FxMath Harmonic Patterns Predictor is a Trend follower strategy and finds incomplete Harmonic […]
Read more →Dear Traders, Is there any relation between Harmonics Patterns and MACD Divergence? I used MACD(12,26,9) on my Scanner charts. Let’s check some Patterns: For all 4 patterns, as you can see we have MACD divergence(Red Line). Divergence is a powerful tool for filter invalid Harmonic patterns. So […]
Read more →Hello, In this short article I will show you how to combine FxMath Scanner & FxMath Predictor. Sometimes we lost some Harmonic Patterns and trade those, but FxMath Predictor provides some opportunists to trade those patterns. Let review one example: This is one expired @Gartley pattern. XPTUSD,H4: […]
Read more →