At times, the subdivisions of the extended sub-wave look almost the same in amplitude and time duration as the four other waves in the higher degree impulse wave of which they are a part. Instead of having a wave-count of 5 for the impulse, it is tempting to count 9 waves, as it may not be clear as to which wave is the extended wave. However, it does not really matter in the long run as the technical...
Forex Trading
No, they didn't affect the top line, we just checked provisions, because those three contracts were not protected against inflation. And so we took some substantial provisions on those contracts so that we should be fine going forward. My first question relates to the margin guidance that you kept at 14% to 16% for the year. Any statements made about future results and performance, plans, expectations and...
It is important to limit the grid to a number of orders otherwise the profits can reverse into losses. However, there is a danger of incurring huge losses if the market goes in only one direction and the orders keep triggering bigger positions. Grid scalping is when a grid of orders is created by increasing and decreasing prices incrementally above and below a set price. Such events can cause significant...
ContentNewsWhat is the ABCD Chart Pattern?ABCD Pattern Example #1: Clover Health Investments Corp. (NASDAQ: CLOV)Construction of ABCD PatternAdapting to the Market – 8 Practical Tips for TradersThe Chart Pattern That Made Me Over $100,000 in Trading Profits What this tells us is that supply or demand is coming in strong to create the initial move. Then, when the initial move is complete, you want to...
