


Timing_is_key
Hi all, I know there has been a lot of discussions and questions from traders who would like to accurately scale a chart on Tradingview. Credit for this excellent method must go to HWSTEELE ( Has an nice youtube channel ) however his example was done on the MT4 platform. So today I replicated this method on TV for the benefit of everyone who would like to...
Hello all, This is how I see the Euro unfolding over the next few days/weeks. Interesting to see if we close today up above the sliding parallel...a bullish signal. Also notice the gap to the lower red median line and the possible P5 completion.A few ducks lining up. Sincerely, TIK
Sometimes the TRUE support line is hiding in plain view....We have nice confluence with a possible Double Bottom and a nice Action/Reaction Set....Early days yet....a good one to stalk around the lower parallel of the pitchfork. A good TP shorter term would be the next blue dotted parallel a break of that and off to the median line we go!! Watching....:)
Hello all, A few things lining up for the short on a first test of the upper parallel of the red pitchfork. The upward grey lines are used for entry and the exit targets. let's see if we get the crack to the downside. Good "R" on this one. Sincerely, TIK
Hello all, After a long downtrend you can observe 2 major clues of an impending upward breakout. First the 3 contracting downswings and second the 4 rising bottoms that together have formed a nice Inverted Expanding Pivot ( Or classic Pennant ). The other interesting clues is beginning with the low with have a classic Andrews 5 Pivot count and all the low pivots...
Hello all, Oil has been pushing lower with some nice tradeable swings...I am looking for a reaction here after a 7 out of 8 (TD) day sell - off. I have an interesting timing technique integrated with both the downward grey modified schiff pitchfork and an upward white 0 to 3 Centreline technique that I sometimes use to pick up the slope of the counter trend...
Hello all, Note: The Blue Basketballs show where the GAPS are. Today's idea is on GAPS......NOT in the traditional overnight or Monday GAPS but GAPS "against" median lines/parallel lines/Up Trend Lines/Down Trend Lines/Center line's,A/R lines etc. If you look at the purple rectangles on the charts they where all pre-empted by GAPS to one or more of Andrews lines...
This is a simple concept....When we Zoom a line ( Happens to be a median line ) we can expect a pullback to it.......before this pair continues it's march to the upper parallel of this pitchfork and/or the closest re-action line......let's see if we get the fill on a pullback. My stop placement is in under the last 2 swing lows and should cover the scenario of a...
Nice PA Trade on a 1st Pullback to the lower Parallel & a Swithcback to the MPL.....Target 1st touch of the median line.... let's see how this unfolds on a 3:1 Trade..
Hello all, We are at a nice decision point atm. where the market is sitting on the Upper Parallel of the Mod-Schiff Pitchfork after finding support at my Square Root 2nd Rotation S/R Level ( See Linked Chart on how these levels were created ). If you observe the 1st play at the 1st Rotation level of 1.52610 it shows a great example of how we can use both...
Today's idea is based on some price action "tells" pointing at future weakness for cable.....The recent pullback from the previous weeks savage selloff has cracked some lows.......The more recent clear rejection has the bears clearly winning with progressive lower high's and lower lows...If we have a revisit of the sell zone it will be good shorting area as price...
Hello all, Today's idea centers around Time, Price & Pattern & how they come together around an anticipated bounce or reversal . We have plenty of confluence clustering at key resistance from the current high to 134450 ish ( Shown as 3 levels bunched together in the RED rectangle ). The Action/Reaction element is shown as upward blue parallels, The time & price...
Hello all, Price and Pattern Analysis Today's idea is based upon a Fibonacci 88.6% retrace which can be a the beginnings of a bearish CIT. The figure is derived from the golden ratio 0.618 ie, Square Root of the ( Square Root of 0.618) = 0.886. So the 0.886 retracement of the previous MAJOR swing gives us 1.56585 being the EXACT high ( and rejection ) of the...
Hello all, Today's square root idea is not new ( re: William Dunnigan ), however what is new is that I have worked it out on cable by unearthing it's unique multiple (0.0625). In this example I am applying it to the LOW 1.45648. Once you suspected that this low was going to hold for a while the S/R lines could have been easily generated using a calculator and a...
Hello all, This idea illustrates confluence factors pointing long for cable. We have multiple FIB timing elements ie. 55, 89 time counts and 76.4% plus 38.2% Price retracements, along with a nice 0 - 3 Centre Line Reaction. I also have the current low ( if it holds ) as a P4 going to a P5. My experimental TIK fork confirming the Hit and rejection at this level is...
Hello everyone, My idea today is that this bullish retracement may have more legs to it. Based on some confluence factors around a possible 50% Retrace Support Holding from the two previous apposing swings as illustrated. There are also multiple time and price elements ( Some not shown ) on the chart supporting this view including my experimental TIK fork...
Hello all, This is a great example how we are able to capture the price action by simply choosing a different low for the origin handle in order to see if the price action is respecting the parallels. In this example the 1st clue was the 50% upper fork level followed by a nice bounce off the median line.The next BIG clue was the direct hit off the upper parallel...
Hello all, I spotted this double top on the EUR/AUD 240, Although the market is ranging sideways, to the left of the chart you will notice a double bottom 8 candles apart, This time frame was repeated beautifully reaching the climactic top before Monday's Gap open. So here I am looking for a repeat however in reverse with a 9 Candle Repeat. My modified pitchfork...