Forex Knowledege 4 : Spotting Price Swings & Seasonal Patterns: Techniques for Precisely Timing Major Market Moves

Spotting Price Swings & Seasonal Patterns: Techniques for Precisely Timing Major Market Moves

https://education.howthemarketworks.com/spotting-price-swings-seasonal-patterns-techniques-for-precisely-timing-major-market-moves/

The proof is in the patterns – and so are the trading profits! Being able to precisely time your market moves by reading

cycles and patterns is the key to sustained trading success. Now, the world’s foremost authority on pattern recognition and cycles and author of over 25 trading books, Jake Bernstein, guides you step-by-step through the process, as he reveals several of his preferred, most effectives pattern strategies. Leading off with his personal favorite – a high-yielding pattern for trading S&P Futures on Monday based on price action from Friday – Bernstein also features … · A key method for using moving averages with his price patterns · Tips for identifying new trends in every time frame – ideal for short-term traders and long-term investors alike · Patterns based on trader psychology · Precise entry & exit methods Thorough, fast-paced, even funny – this persuasive presentation, with full online support manual, is a “must have” for today’s active trader. See why even professional traders are raving that … “Bernstein’s approach is so simple – yet so powerful – I wish I had this video years ago.”

Forex Knowledge 3 : Technically Speaking: The 4-Phases Of A Full-Market Cycle

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Technically Speaking: The 4-Phases Of A Full-Market Cycle

https://realinvestmentadvice.com/technically-speaking-the-4-phases-of-a-full-market-cycle/

“Yes, the market will rally, and likely substantially so. But, let me remind you of Bob Farrell’s Rule #8 from our recent newsletter:

Bear markets have three stages – sharp down, reflexive rebound and a drawn-out fundamental downtrend

Bear markets often START with a sharp and swift decline.
After this decline, there is an oversold bounce that retraces a portion of that decline.
The longer-term decline then continues, at a slower and more grinding pace, as the fundamentals deteriorate.

Dow Theory also suggests that bear markets consist of three down legs with reflexive rebounds in between.

However, the “bear market” is only one-half of a vastly more important concept – the “Full Market Cycle.”

The Full Market Cycle

Over the last decade, the media has focused on the bull market, making an assumption that the current trend would last indefinitely. However, throughout history, bull market cycles make up on one-half of the “full market” cycle. During every “bull market” cycle, the market and economy build up excesses, which must ultimately be reversed through a market reversion and economic recession. In the other words, as Sir Issac Newton discovered:

“What goes up, must come down.”

The chart below shows the full market cycles over time. Since the current “full market” cycle is yet to be completed, I have drawn a long-term trend line with the most logical completion point of the current cycle.