Elliot Waves free learning course – Lesson2

Elliot ABC corrective waves

Which do Elliott waves consist of?

The fact that Elliott Wave is not as simple as you see it, but that each driving wave is composed of 5 motive waves and each corrective wave consists of three abc waves

My words complex

look at the picture

Elliot Waves free learning course – Lesson 1

In this small course we will teach you and give you full information about Elliot Waves and how we can apply them in our treading through a small course consists of five lessons … we hope to find good and useful information from our new course and promise that we will support you with new free courses about many things in the world of Forex.

Do not rush to open forex real accounts

Tips for Forex traders

The process of Forex trading theoretically very easy and anyone can be mastered in most of the techniques in a few months due to the availability of free information terribly on the internet as well as the available functions in the trading platforms is not hard enough , also technical analysis tools can be

How can you achieve a fixed Forex return?

What distinguishes the Forex market from other financial markets is huge liquidity addition to the variability and high fluctuation, and the Forex market is considered a good opportunity for traders to achieve a steady income resulting from the nature of the balance between the results of the transactions different from the profit or loss, and can rely on forex trading as a basic function and steady work earn a fit income through which you can secure your needs, there are a lot of traders who see it as well as there are those who take an essential career as accountant  or Managing Director or doctor or engineer or others, and that the ideal and seriously employee in work is the same professional trader, but the profession may be for some just entertaining or even a hobby.

A full-time profession for trader is not that easy, you cannot take it as basic job without enabling from trading wisely and highly professional work, and it requires effort and dedication and follow-up as your loyalty in your work place. successful Employee is dedicated effort to perform the work as required to the fullest, he shows dedication and works to accomplish its tasks in a professional manner and keens to work interest and commitment and tender and follow always what is new, and trader can be seen as a successful professional employee if we consider Forex trading is work current primary to him, professional trading is the one who shows his devotion as well, to his deals who performs his duties daily trading to follow the movement of the markets and keep track of all that is new in the world of trading, who is very keen on his money and examines every large and small details and chooses whatever is appropriate for the interest of trades and various commands and different trading tools.

The target here is to achieve profitability by the outcome of the balance between profit and loss, how do I that? You cannot make a profit always and in all trades, there are profitable deals  and other losing, but successful  trader who his outcome is profitable, if you achieved a profit of $ 1000 in the first deal and lost after $ 300 in the second deal, you actually won $ 700 and this is the outcome, even if we assume that you're working to achieve a monthly income, you will be calculated in the same way a month, and earned a profit of course, is the value of the income that lay ahead. Successful trader is keeping the level of income that he wants the process of trading in the outcome in the appropriate period of time.

Markov chains and study the possibilities and indicator of the prediction in accordance with theory

Did you hear about Andrei Markov theory, which are a Russian mathematician and whose theory name is Markov chains?

I will not dive too much in the deep mathematical details of this theory, but simply a study of the prospects for the limited number of cases to find out what are the prospects for the emergence of each case in the future.

First you must limit these cases and then calculate the probability of transition from each state to the other case.

Imagine, for example, you want to know whether tomorrow rainy or sunny.

Here we have two cases: sunny and rainy.

Now through information from previous years, for example, to extract the following possibilities:

- If today is sunny, what is the probability that rain tomorrow?

- If today is sunny, what is the likelihood that tomorrow will be sunny as well?

- If today rainy, what is the likelihood that tomorrow will be rainy?

- If today rainy, what is the probability that tomorrow will be sunny?

After knowing these ratios through the information that we have put them in a matrix called a Markov matrix.

Now to see the possibilities of tomorrow is it sunny or rainy we multiply the matrix with itself.

Depending on the value of today is it sunny or rainy; we can see the greatest possibility for tomorrow.

If we want to know the status of the day after tomorrow we multiply the last matrix with itself and also to know the result of the previous day (which is also the most likely) know the possibility of the day after tomorrow and so on.

Of course, as i learned that this theory is applied in world markets, but I looked so much I did not find direct application to them.

I made indicator does this matrix and gives me a greater likelihood of future candle.

The index is still a trial phase will require hard work to continue.

The results of course may vary with different frames which are normal and therefore it must control frames and consider before making the decision to enter.

And it may be the Login is proportionate to the frame.

Indicator shows blue lines for the possibility of the biggest red line for the possibility of the weakest.

The result will always be the candle before the last one, so the last candles must be compatible with the possibility.

You can download the indicator from here:

Future candle, Dolly 10, fibo average indicators

1 – Future candle indicator:

It is indicator gives a perception to the form of the coming candles , I frankly do not test it .

But according to some people who tested it , it gives correct perception about %60 , and the best way to use it by knowing what is the coming trend , and making all orders in the direction of the perception trend , and the best frame of it one hour frame.

 

2 – Dolly 10 indicator:

Good indicator gives entering levels in buying and selling and the targets. I have tested it on all frames , and all are good , but the best is one hour fame and it is good with couples .

3 – Fibo average indicator:

Very good indicator according to my test with all pairs and the best time frame is one hour frame

The best way to use it as my opinion is not to wait the breaking of the two lines with each other but by waiting the breaking the candle of the two lines and not one line then waiting to access and re- try the test and putting Stop of the highest candle break point of 5 points .

I see  it is wonderful indicator through putting it alone or with indicator of supports and resistances for example fibo to determine the targets accurately .

Grucha percentage v2, BBR , and MACD Signal Indicators

1- Grucha percentage v2 indicator :

The Access by the intersection of Red and Blue to buy higher and vice sale as described in the chart.

I Tried it on most frames,  best frame is one hour frame and also a half-hour early entry and either an excellent quarter-hour is a strong oscillation , I tried it on EUR/USD and GBP/USD.

 And I also tested it as well in settings line 50, 20 and 70 , it has the same idea actually of rsi indicator , and the results are excellent I see it more strong and better than rsi hundred times.

2 – BBR Indicator:

Indicator explicitly wonderful depends on stocks

As Explained by the owner of the indictor  , he enters with the first stock on small frames and takes small points ( scalping) and goes out , as my experience it is not good in the first signal.

And I found that the strongest emphasis is to have two indicators in the same color behind each other  in other words,  to have two red arrows and later  enter in the candle immediately following them.

I Tried it on the frame of minute to an hour

Frame 15 minutes is the most profits and less losses and more respectable .

3 – MACD Signal Indicator:

Very good with the oscillation and rallies

In oscillating day like this , you will find that the MACD candles very short so there is no entry in this day.

In the Rallies day

It gives very early and excellent entry stock .

I tried it on all fames , and the best one is one hour frame.

The Access with stocks after the opening of England market.

The principles of Japanese candlesticks Integration – Lesson 8

Dear learner, after reading this tutorial of http://www.accurateforexsignals.info/  of currency trading education course, you will be able to understand and learn: 

Japanese candlesticks just like humans

The difference between the individual candlesticks and compact ones

Definition of compact candlesticks

Integration timeline of the Japanese Candlesticks

How to add index merger timetable for Japanese candlesticks on the platform MetaTrader

Japanese candles just like humans:

With this tutorial, we all want to learn technical analysis using candlestick so that we can make winning deals to buy or sell, and learn how to develop financial investments in order to achieve the best performance in the account, we can achieve these goals only by Japanese candlesticks in professional way, and professionalism starts in learning how to read a candlestick from the graph, as well as learn the names of the candlestick As we learned in the past tutorials that the Japanese candles like humans Each candle has a name and a story about her life there are candles live alone and called Japanese individual candles and there are candles live side by side and called candles or compact Japanese candles or even compact ones, and compact Candlesticks meet along the graph to form what is known as candlestick patterns, and whether eventually individual or merged candlestick meet together to form what is known as charts patterns who form trends that are on the charts.

Do you remember the base education in our course, the base analysis candlestick in school http://www.accurateforexsignals.info/ : says you should not expect coming trends by reviewing the shape of the candle in its individual image, and among the things which professional and correct technical analysis is built on upon , is learning the methods of integrating candlestick on the charts This method establishes the entire construction and make it strong and set the psychological state of the technical analyst and trader when he takes the decisions to engage in new deals.  

The difference between the individual and compact candles:

    

If we have a special Japanese candlesticks chart, that we look deeper and examine each candle Separately , we called this kind of analysis name ( " Technical Analysis of individual candlesticks " ) , but if we examined a set of Japanese candlesticks together , whether they were two together , or three candles together , or many together side by side , so that analysis of the type ( " technical Analysis of compact candlesticks " ), it is certainly when we work technical analysis for each candle separately the results will be quite different when we add to this candle more some other  candlesticks.

Do you know why?

The answer is simply due to two things, the first is the time factor and sizes of momentum, and the second factor is the classification of candlesticks, if we talked about the first factor, namely the time factor and sizes momentum, for example, the one candle if it were a candle Frame time 4 hours, the technical analyst studying the price movement during missed 4 hours, whereas if a technical analyst added another candle to the side of the first candle to conduct his technical analysis, this means that the technical analyst became studying the movement of currency rates for the period of time is 8 hours, and of course it is very possible that the trading volumes in the 4 hours individual candle is greater than or less than the volumes of the two compact candles together in a period of time of 8 hours of trading, and thus with two compact candles , the momentum of the sale or purchase may be greater than or less than the momentum of buying or selling in the individual candle , hence the different results in technical analysis if we used a candle individually between them and the use of compact candles, as well, and vice versa. 

Definition of candles vehicle:

See illustration below to find out what is meant by candles compact.

If the image (a) reflects an individual candle, the image (b) is considered for two compact candles, so If the technical analyst redraw two compact candles on special paper through the installation of the two candles and making them a single candle, the result of this integration is the emergence of the candle shown in the picture (a) .

The single candle as shown in the picture (a) is a blend of two merged candles with each other as shown in the picture (b), based on the process of linking the price of open candle No. 2 with the closing price of the candle No. 1 so the result of this analytical work is featured in candle form (b).

This is exactly what explains the essence of the difference between different timeframes, especially when we have two charts for the same currency pair, for example, one chart half hour and the second one is one hour   frame, although the price movement  on  one hour frame and the chart is half an hour, but the forms of candles are different among charts, and the reason is because the time factor of the candle closing is different in both charts , Hence this difference happens in the forms of Japanese candles on different time frames, as well as difference of  charts patterns among each frame time, so the process of integrating two candles in Frame half-hour is equal to one candle on the one hour frame, and this process is called ("time integration of the Japanese candlesticks") Whereas if the technical analyst integrated the first minute candle on Frame minute with a candle on the second minute Frame minute, this process is called ("the price merger of Japanese Candles") and this way make up what is known as the Japanese candlestick patterns.