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How do you guys even make any thing from trading? I understand that my trading ideology was wrong because I felt once I understand and predict the market then I should profit but I guess you just have to wait for the market to play out. Do I need to put more time in understanding technical analysis? Candlestick, Dojis, Fibonacci, SMC, and other jargon continue to confuse me, how do you guys understand this? Could it be that my risk management strategy is wrong? My ambition is to join some trading competition to challenge myself, learn and develop new skill from there but will that help me?

Should I join the Futures Elite trader challenge on Bitget or do you have another campaign I can showcase my little knowledge.

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    • ASX: COCHLEAR LIMITED – COH Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart) Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COCHLEAR LIMITED - COH. We see COH likely to push higher with a ((5))-navy wave. ASX: COCHLEAR LIMITED - COH 1D Chart (Semilog Scale) Analysis Function: Major trend (Primary degree, navy) Mode: Motive Structure: Impulse Position: Wave ((5))-navy Details: Wave ((4))-navy has ended and wave ((5))-navy is unfolding to push higher, we will have a Long Trade Setup when I see the Major Level 300.00 becoming a tested support. I will analyze wave ((5))-navy in more detail on the 4H chart. Invalidation point: 272.75 ASX: COCHLEAR LIMITED - COH 4-Hour Chart Analysis Function: Major trend (Minute degree, navy) Mode: Motive Structure: Impulse Position: Wave (1)-orange of Wave ((5))-navy Details: Since the low at 272.75 wave (1)-orange is unfolding, and it has pushed quite high, so basically it can push a little higher, then wave (2)-orange will unfold to push lower, and finally wave (3)-orange will return to continue the role of pushing higher. The bullish view will remain valid for wave (1) while price must always stay above 286.92, otherwise pushing lower shows wave (2)-orange is unfolding. Invalidation point: 272.75 Conclusion: Our analysis, forecast of contextual trends, and short-term outlook for ASX: COCHLEAR LIMITED - COH aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends. Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation). Source : Tradinglounge.com get trial here! Tag: #ASX #COCHLEARLIMITED #COH #ElliottWave #StockMarket #TradingStrategy #COHStock #ASXStocks #StockForecast #TechnicalAnalysis #ElliottWaveAnalysis #COHPriceTarget #StockTrading #StockTrends #ASXInvesting #StockMarketAnalysis #ASXPrediction #WaveCount #TrianglePattern #StockPriceForecast #TradingLounge  
    • Elliott Wave Analysis TradingLounge Daily Chart, Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Double Corrective position: Wave ((Y)) Direction Next higher Degrees: wave IV Wave Cancel invalid level: Details: The decline of wave IV is likely to end and the price is re-entering the uptrend. Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: It looks like the wave IV correction is complete and the price is still likely to move up. Look for an opportunity to join the wave V uptrend. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bearish Momentum. Bitcoin/ U.S. dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Double Corrective position: Wave ((Y)) Direction Next higher Degrees: wave (2) Wave Cancel invalid level: Details: Wave (2) is likely to end and the price is re-entering the uptrend. Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: It looks like the wave (2) correction is complete and the price is still likely to move up. Look for an opportunity to join the wave (3) uptrend. Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!  
    • Hi again, Finally is even IG Europe integrated with TradingView! Thank you @IG.  Is there any way to change between live and demo account?
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