zondag 25 september 2016

You can Trade!

Hoi, Hi!

Dit is een blog voor persoonlijke doeleinden, plaats zo nu en dan een post hier en daar van een grafiek die ik hier op dit blog geplaatst heb. Hecht dus niet al teveel waarde aan grafieken die je ziet, het zijn mijn persoonlijke opvattingen ten aanzien van.   Wat je met de grafieken doet moet je zelf weten, kijk rustig rond, en wie weet is het leerzaam.


Veel plezier, en eventueel succes.

A blog for personal use, here i dump my charts, 'good' or not..

Ed


First of all, i like to trade the Elliott wave way, some explanation of the Elliott waves can you find below and i recommend to read it because you will understand markets probably better.

I am a big fan of the trading software Track 'n Trade of Gecko Software and my trading platform is the futures version. They have for everyone a platform, do you like stocks trading, "Track 'n trade stocks" is something for you, rather trade the forex market?, "Track 'n trade forex" is for you. Maybe in the options trading?, the futures platform has that feature! By the way, this software, Trademiner, also a Gecko Software product for trading stocks is also interesting, i think a product like never seen before for trading stocks.
Now you know what is possible in trading, time for some training…what about a Stock market course and a course in options of course,Options trading. Trading is fun, and when right done profitable..but you need a plan, a tradingplan to get the most out of your money. Well that's all, trade safe, anyone can trade!




Recognizable patterns unfold in the financial markets. Using Elliott waves, you can learn to identify these patterns and use them to anticipate where prices will go next. Get started with a basic understanding of the Wave Principle.



In his 1938 book, The Wave Principle, and again in a series of articles published in 1939 by Financial World magazine, R.N. Elliott pointed out that the stock market unfolds according to a basic rhythm or pattern of five waves up and three waves down to form a complete cycle of eight waves. The pattern of five waves up followed by three waves down is depicted in Figure 1-2.


One complete cycle consisting of eight waves, then, is made up of two distinct phases, the motive phase (also called a "five"), whose subwaves are denoted by numbers, and the corrective phase (also called a "three"), whose subwaves are denoted by letters. The sequence a, b, c corrects the sequence 1, 2, 3, 4, 5 in Figure 1-2.
At the terminus of the eight-wave cycle shown in Figure 1-2 begins a second similar cycle of five upward waves followed by three downward waves. A third advance then develops, also consisting of five waves up. This third advance completes a five wave movement of one degree larger than the waves of which it is composed. The result is as shown in Figure 1-3 up to the peak labeled (5).


At the peak of wave (5) begins a down movement of correspondingly larger degree, composed once again of three waves. These three larger waves down "correct" the entire movement of five larger waves up. The result is another complete, yet larger, cycle, as shown in Figure 1-3. As Figure 1-3 illustrates, then, each same-direction component of a motive wave, and each full-cycle component (i.e., waves 1 + 2, or waves 3 + 4) of a cycle, is a smaller version of itself.

Every wave serves one of two functions: action or reaction. Specifically, a wave may either advance the cause of the wave of one larger degree or interrupt it. The function of a wave is determined by its relative direction. An actionary or trend wave is any wave that trends in the same direction as the wave of one larger degree of which it is a part. A reactionary or countertrend wave is any wave that trends in the direction opposite to that of the wave of one larger degree of which it is part. Actionary waves are labeled with odd numbers and letters. Reactionary waves are labeled with even numbers and letters.

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