This video is really designed to teach you some basics about Fibonacci Price Theory (FPT) Analysis. I wanted to show you how I see the charts using FPT and why, sometimes, I might be seeing things differently than you do on the charts. In my world, there are simple constructs that are evident on every chart. Supply & Demand zones, trending/flagging, and most...
Hello to everyone familiar with ICT concepts! If you already understand breakers, order blocks, and the principles of price premiums and discounts, you're in the right place. I’m excited to share some insights with you, using the FOREXCOM:EURUSD chart from August 20th, 2024. One challenge I've always faced is accurately measuring the true range. It often...
After more than two weeks of playing around with Pinescript, I've managed to put together some really cool tools for my followers/subscribers. The idea of price pressure intrigued me, so I decided to create something based on it. Ideally, I planned to build something that helped traders find and execute better trades. It is difficult to identify chop vs....
I've been playing with this little project for about 7 hours now (off and on). Pinescript is fun once you get the hang of the syntax and how it expects objects/booleans for most of the conditionals. Overall, I think this project is moving along nicely, but I wanted some feedback on the visuals. I'm trying to create something that will help daytraders see and...
I received a question from a member today related to Divergence on RSI or Stochastics. I've been lucky to actually sit down with the creator of Stochastics, George C. Lane, to discuss his indicator and how he used it to trade. I've also been luck to be able to attend multiple industry conferences over the past 20+ years where I've been able to watch and listen...
This video highlights the Bottom-103 pattern and how price action (support/resistance/rejection) can be used to confirm and execute better trades. This is something most traders will easily understand as a BOTTOM pattern reflects a possible bullish price trend - except when price rejects this setup and trends downward. Learn how my SPY cycle patterns can help...
I've been working on the TT-3MACD PineScript update for about 4+ days. It seems every time I make a breakthrough, there is more to attempt to build into it. PineScipt seems pretty cool so far. Documentation is great - but it is a process of learning how the engine processes things. My goal is to build a TEACHABLE solution for my followers - allowing them to...
This example video will help you understand how I use my predictive SPY Cycle Patterns in combination with traditional TA (Fibonacci and others) to prepare/plan for GAPS, trends, and opportunities for trading through the week. I'm a strong believer that you don't need to trade every minor trend. Taking 2~4 good trades a week across one or two symbols is all that...
Here is an example dual-chart setup for SPY daytraders. I set this up to help my followers understand how to perceive price action as we attempt to transition through the $405 SPY Support level. If my analysis is correct, we'll see a fairly strong reversion (upside) price trend as long as the $404~405 level holds. This chart includes a number of TradingView...
My SPY Cycle Patterns suggest the markets will establish a PEAK/TOP today - then trend downward. I created this video to help my followers stay aware of the short-term nature of price in a reactionary price trend - like today. If you are chasing this rally, stay very cautious of risks related to my SPY cycle patterns. Overall, I expect the markets to peak,...
Protecting Your Trades With Fibonacci Price Theory. Learn to understand the BELTLINE range (50%) and why it is so important for structuring your trades for profit. Not all trades will be successful - plan for FAILURE. Planning for FAILURE = Long-Term SUCCESS. Follow my research. The rabbit-hole of knowledge I've amassed over the past 25+ years is deep. I...
After 25+ years of research, study, and application of some of the most incredible trading strategies - I'm sharing one of the MOST IMPORTANT structural price theories with all of you... The Fibonacci Price Theory. The primary rule of the Fibonacci Price Theory is: Price is ALWAYS seeking NEW HIGHS or NEW LOWS. Price is never NOT attempting to reach NEW HIGHS...
Even though I got cut off after about 25 minutes, I'm sharing this with all of you to teach you how to use one fo the most important PRICE STRUCTURE features for any chart Fibonacci Price Theory. The consensus of all TA is that PRICE tells us everything. Fibonacci Price Theory is the REAL DEAL. Use it on a 1 minute, 5 minute, 60 minute, or Daily - ANY...
recognizing changing market dynamics in the Dow futures, and the need to change our trading strategy. I will need to give at least one more follow-up on this.
This is a great example for traders of all timeframes to study. I don't really have time for people basing trades on wide zones - that's fine for analysis, but for a TRADE, you've got to see the fight at a specific level. When you draw these correctly, you can get a really great picture of evolving sentiment and balance of power shifts. Most traders treat...