STOP LOOKING - YOU'VE FOUND IT! - FOREX, COMMODITIES, INDICES
The movement of price, as observed in all freely traded markets is a function of both time and price; the two factors are inextricably linked. Of course, it is also about supply and demand, macro-economic events, geo-politics, central bank intervention and the full spectrum of human emotion, but it is time and price when measured together that provide us with the route map to successfully understand and trade these markets.
Here at Traders Daily we combine time cycle analysis across four different time frames to map out the direction of the market and determine when it is likely to arrive at the next time cycle turn. This we call 'Key Turning Point Analysis'. Whatever your time horizon, once you understand the importance of time and price you will not want to trade without 'Key Turning Point Analysis'.
We then use Elliott Wave analysis and Fibonacci retracement and projection targets to gain an understanding of how the markets will unfold as they travel from one turn to the next.
Put it all together and 'Key Turning Point Analysis' tells us WHEN, Elliott Wave Analysis and Fibonacci tells us WHERE and an understanding of the underlying sentiment tells us WHY.