1. Tutorials and Trade plans
2. Stop trading, start forecasting!
3. You need to gather some data to define the characteristics of any instrument you plan to trade
The pairs I follow are:
Fx – EurUsd, GbpUsd, UsdChf, UsdJpy, AudUsd, UsdCad, EurGbp,..
Indices – S&P/ES
Commodities – Oil, Natural Gas, Gold
Crypto – Btc, Eth, Atom, Matic,.. (add all that you look at)
Part 1
The questions to answer for each instrument are:
– How many waves, major and minor tend to form over year?
– What is the size of the typical corrective wave (small wave)?
– What is the size of the typical trending wave (big wave)?
Part 2
– What is the typical daily high to low range?
– What is the typical weekly high to low range?
– What is the typical monthly high to low range?
I will explain these measurements on our call
4. Brokers & Exchanges
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