Category Archives: Trading Tips

General trading tips and techniques

MotiveWave Black Friday Sale – Only One Day Left

MotiveWave is having a Black Friday Sale for 4 DAYS ONLY. Sale started Friday, November 29th and will end on Monday, December 2nd at 11:59 p.m. EST.

30% off most products.*

MotiveWave Summer Sale - 2019

30% off Lifetime Licenses, Leases, and Instalment Plans.

Only 1 day left! Sale ends Monday, December 2nd at 11:59 p.m. EST.

Make sure you take advantage of this sale before it’s gone!

* Products NOT included in the sale are the Standard Edition and the Additional 1 Year of Updates and Support.

Note: The prices you will see on the MotiveWave website are regular prices, but you will see the special 20% off Summer Sale discount applied during the purchase process before you are asked to pay. If, for some reason, you do not see the discount on the checkout page, please contact MotiveWave before purchasing and before the end of the sale.

If you are on a lease or own a lower edition and want to upgrade to the lifetime license or a higher edition, please contact MotiveWave directly to find out what the specific cost would be for the upgrade.

MotiveWave Summer Sale 2019

MotiveWave Summer Sale - 2019

MotiveWave is having a Summer Sale for 7 DAYS ONLY starting Tuesday, July 9th, 2018, with 20% off most products.*

MotiveWave Summer Sale - 2019

This means 20% off Lifetime Licenses*, 20% off Leases, 20% off Instalment Plans, and 20% off Add-On Modules.

This sale is for 7 days only! Sale ends Monday, July 15th, 2018 – at Midnight EST.

Make sure you take advantage of this sale before it’s gone!

* Excluding the Charts Edition and the Additional 1 Year of Updates and Support products.

Note: The prices you will see on the MotiveWave website are regular prices, but you will see the special 20% off Summer Sale discount applied during the purchase process before you are asked to pay. If, for some reason, you do not see the discount on the checkout page, please contact MotiveWave before purchasing and before the end of the sale.

If you are on a lease or own a lower edition and want to upgrade to the lifetime license or a higher edition, please contact MotiveWave directly to find out what the specific cost would be for the upgrade.

MotiveWave Spring Sale

MotiveWave Spring Sale - 2019

MotiveWave is a powerful Elliott Wave software that I use everyday to prepare and publish my Elliott Wave charts.

MotiveWave is having a Spring Sale for 7 DAYS. Spring Sale will run from Tuesday, March 12th to Midnight EST on Monday, March 18th.

MotiveWave Spring Sale - 2019

MotiveWave is also an advanced professional trading platform. To see all of its features go here.

The Spring Sale discount is 20% off most MotiveWave Lifetime Licenses, Leases, Installment Plans and Add-On Modules (excluding the Charts Edition and Additional 1 Year of Updates and Support).

MotiveWave Spring Sale - 2019

You must have a free trial profile in MotiveWave’s system before you can purchase MotiveWave. To start your free trial go here.

You will see the discount applied on the Order Summary page before you are asked to pay.

If you do not see the discount applied on the Order Summary page before being asked to pay during the sale period, you should contact MotiveWave directly BEFORE the end of the sale and BEFORE purchasing.

If you are on a lease or own a lower edition and want to upgrade to the lifetime license or a higher edition, please contact MotiveWave directly to find out what their specific cost would be for your upgrade.

Spring sale is for 7 days only: from Tuesday, March 12th to Midnight EST on Monday, March 18th. Take advantage of this sale before it’s gone!

MotiveWave Hot Days of Summer Sale

MotiveWave Hot Days of Summer Sale - 2018

MotiveWave is having a Hot Days of Summer Sale for 8 DAYS ONLY starting Tuesday, July 24th, 2018, with 20% off most products.*

MotiveWave Hot Days of Summer Sale - 2018

This means 20% off Lifetime Licenses*, 20% off Leases, and 20% off Add-On Modules.

This sale is for 8 days only! Sale ends Tuesday, July 31st, 2018 – at Midnight EST.

Make sure you take advantage of this sale before it’s gone!

* Excluding the Charts Edition and the Additional 1 Year of Updates and Support products.

Note: The prices you will see on the MotiveWave website are regular prices, but you will see the special 20% off Summer Sale discount applied during the purchase process before you are asked to pay. If, for some reason, you do not see the discount on the checkout page, please contact MotiveWave before purchasing and before the end of the sale.

MotiveWave Year End Blowout Sale

MotiveWave Trading Platform - Year End Blowout Sale

Back by popular demand: MotiveWave Year End Blowout Sale! So many asked for it again, that MotiveWave has decided to have one again this year!

MotiveWave’s Year End Blowout Sale is on now and only goes until Sunday, December 31st, 2017 at Midnight EST. You have 3 DAYS left to get in on this Year End Blowout Sale that cannot be extended past December 31st.

This sale is 20% off most MotiveWave products. (The only exclusions are the Charts Edition and the Additional 1 Year of Updates, which remain regular price.)

This means 20% off Lifetime Licenses (excluding the Charts Edition, which remains regular price), 20% off Leases and 20% off Add-On Modules.

Make sure you take advantage of this sale before it’s gone!

Note: The prices you will see on the MotiveWave website are regular prices, but you will see the special 20% off Summer Sale discount applied during the purchase process before you are asked to pay. If, for some reason, you do not see the discount on the checkout page, please contact MotiveWave before purchasing and before the end of the sale.

Volume and Breakouts – Is it Necessary? | 11th August, 2017

This chart was published two days ago. At that time, it was warned that the possible upwards breakout of the 8th of August lacked support from volume and may turn out to be false:

S&P500 Daily 2017
Click chart to enlarge.

That was proven correct. The strong downwards movement from the S&P comes on a day with an increase in volume. This is a classic downwards breakout.

When a downwards breakout has support from volume, that adds confidence in it. Downwards breakouts do not require support from volume; the market may fall of its own weight. Price can fall due to an absence of buyers as easily as it can from an increase in activity of sellers. But when volume supports downwards movement, it may be more sustainable, at least for the short term.

This downwards breakout was predicted by strongest volume during the consolidation being a downwards day.

This volume analysis technique looks at the presence or absence of support from volume on the breakout after a consolidation period to tells us how reliable the breakout may be.

Original post published @ 12:17 a.m. EST on 12th August, 2017, on Elliott Wave Gold.

Volume and Breakouts – Is it Necessary? | 9th August, 2017

After a consolidation price will break out. The presence or absence of support from volume on the breakout tells us how reliable the breakout may be.

Gold Daily 2017
Click chart to enlarge.

Pennant patterns are one of the most reliable continuation patterns. But in an upwards trend the breakout should have support from volume.

For price to keep rising it requires increased activity of buyers. Upwards breakouts that do not have support from volume are suspicious.

This upwards breakout comes on a day with slightly higher volume, but the balance of volume for the session is downwards. Stronger volume during the session supported downwards movement, not upwards.

The breakout is suspicious and may turn out to be false.

While volume is important for upwards breakouts, it is not so important for downwards breakouts. The market may fall of its own weight.

Original post published @ 04:47 p.m. EST on Elliott Wave Gold.

Non Farm Payroll – What Direction for the S&P500? | 3rd August, 2017

A simple classic technical analysis pattern may answer the question of what direction to expect tomorrow from the S&P500 upon release of Non Farm Payroll data. This release is expected to move markets strongly:.

Gold Daily 2017
Click chart to enlarge.

Pennants are reliable continuation patterns. The pattern is supported if volume declines as the pattern forms. Pennants normally appear about halfway within a trend.

The measured rule takes the flag pole which precedes the pattern and adds that length to the expected breakout of the pattern.

If this pattern is correct, then tomorrow may see an upwards breakout to new all time highs for the S&P500.

Original post published @ 06:28 a.m. EST on Elliott Wave Gold.

MotiveWave Hot Days of Summer Sale

MotiveWave Hot Days of Summer Sale

MotiveWave is having a Hot Days of Summer Sale for 7 DAYS ONLY starting Tuesday, July 25th, 2017, with 20% off most products.*

MotiveWave Hot Days of Summer Sale

This means 20% off Lifetime Licenses*, 20% off Leases, and 20% off Add-On Modules.

This sale is for 7 days only!

This special 20% off sale starts Tuesday, July 25th and ends Monday, July 31st at Midnight EST.

Make sure you take advantage of this sale before it’s gone!

* Excluding the Charts Edition and the Additional 1 Year of Updates and Support products.

Note: The prices you will see on the MotiveWave website are regular prices, but you will see the special 20% off Summer Sale discount applied during the purchase process before you are asked to pay. If, for some reason, you do not see the discount on the checkout page, please contact MotiveWave before purchasing and before the end of the sale.