Neck to Neck Trade

77 2
The stock is in Corrective wave B , which is very complex pattern of correction , the most important factor is to understand the end of the wave or termination of complex correction , During regular candlestick its really impossible to identify the complex correction system , but when we neglect time factor or when we switch to fixed price based trading , where the reversal and advance is fixed in the form of % or Points , here the default ATR value is 14 Period 9.01 Points , based on this information we can easily identify the possible up coming termination or end of the current trend , or start of new trend
R N Elliott did leave a very good principal of price movement in wave form , but due to complex behavior of traders and algorithmic trading have left their foot prints which are not easy to identify using candlestick , in order to identify proper direction with clear top and bottom we have to chose the tool which are price based not time based
Comment: Well i was Expecting the price to reverse near 298 and Price reversed at 294 , Now tell me for a second what kind of accuracy you want when chart is prepared way before 3 Months before, that too using Ranko Charting system , and Now you people have to think , if 90% of my charts work and 10 % dont work then there is some thing you all have to learn , and Most of the time I take out 1: 10 Profits in all my 90 % of trades so far i have done ,
THis looks great!. Thanks for the details of the indicator and trends.
shiv2798 Einstein15
@Einstein15, You are wel come
EN English (IN)
EN English
EN English (UK)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out